Markets open lower amid mixed global cues; turn volatile later

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 Among the Sensex constituents, PowerGrid, HDFC Bank, NTPC, Bajaj Finserv, Sun Pharmaceuticals, Eternal, HCL Technologies, ITC, Trent, Asian Paints, and Tata Steel were the gainers. File.

 Among the Sensex constituents, PowerGrid, HDFC Bank, NTPC, Bajaj Finserv, Sun Pharmaceuticals, Eternal, HCL Technologies, ITC, Trent, Asian Paints, and Tata Steel were the gainers. File. | Photo Credit: Reuters

Benchmark equity indices Sensex and Nifty began the commercialized connected a anemic enactment connected Monday (February 16, 2026), tracking a mixed inclination successful planetary markets, but aboriginal turned volatile arsenic investors engaged successful selective buying aft aboriginal losses.

The 30-share BSE Sensex declined 349.81 points, oregon 0.42%, to 82,276.95 successful aboriginal trade. The broader NSE Nifty dropped 98.4 points to 25,372.70.

Later, some the benchmark indices turned volatile, swinging betwixt gains and losses. The Sensex quoted 136.04 points higher astatine 82,762.80, portion the 50-share NSE Nifty roseate 51.15 points to 25,522.25 aft archetypal decline.

Among the Sensex constituents, PowerGrid, HDFC Bank, NTPC, Bajaj Finserv, Sun Pharmaceuticals, Eternal, HCL Technologies, ITC, Trent, Asian Paints, and Tata Steel were the gainers.

On the different hand, Infosys, Adani Ports, State Bank of India, Hindustan Unilever, Tech Mahindra, Reliance Industries, Titan, UltraTech Cement, ICICI Bank, and Tata Consultancy Services (TCS) were among the large laggards.

"The IT sell-off past week volition proceed to measurement connected markets successful the near-term. The mild betterment successful IT ADRs connected Friday is improbable to enactment IT stocks. Institutions are apt to proceed selling IT stocks and power to sectors similar financials, automobiles, superior goods, telecom and pharma wherever determination is bully net maturation visibility," V.K. Vijayakumar, Chief Investment Strategist, Geojit Investments Ltd, said.

He added that Brent crude is delicately balanced astir $68 connected concerns surrounding geopolitical tensions betwixt the U.S. and Iran. This has to beryllium intimately watched.

"Overall, the marketplace prospects for 2026 look bully since fundamentals are improving and valuations person turned tenable successful tune with semipermanent averages. Mid and tiny caps, though comparatively overvalued, are reporting better-than-expected earnings," Vijayakumar said.

The broader Asian markets were trading connected a mixed note, with Hong Kong's Hang Seng benchmark rising 0.4% and Japan's Nikkei 225 scale was trading flat. Markets successful China and South Korea remained closed for the Lunar New Year holidays.

U.S. equities marketplace ended connected a mixed enactment connected Friday.

Foreign organization investors sold equities worthy ₹7,395.41 crore connected Friday, portion home organization investors purchased stocks worthy ₹5,553.96 crore, according to the speech data.

Brent crude, the planetary lipid benchmark, was trading marginally higher astatine $67.78 per barrel.

On Friday, the 30-share BSE Sensex tumbled 1,048.16 points to adjacent astatine 82,626.76, portion the 50-share NSE Nifty plunged 336.10 points to settee astatine 25,471.10.

Published - February 16, 2026 10:49 americium IST

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