Feb 25, 2026: Metals Shine, Midcaps Rally, and Markets Close Flat
Welcome to your daily market wrap-up! Today’s trading session on Dalal Street was a classic tug-of-war between the bulls and the bears. While the frontline indices surrendered their early morning gains to end the day nearly flat, the real action was bubbling under the surface in the broader markets.

Welcome to your daily market wrap-up! Today’s trading session on Dalal Street was a classic tug-of-war between the bulls and the bears. While the frontline indices surrendered their early morning gains to end the day nearly flat, the real action was bubbling under the surface in the broader markets. Mid and small-cap stocks showed serious resilience, and sectors like Metals, Auto, and IT kept the momentum alive. Meanwhile, a few heavyweights like SBI and Reliance dragged on the benchmark indices.
Market Overview & Indices
- Flat Closing After Volatile Session: The Indian stock market ended mostly flat today, erasing strong early morning gains as investors booked profits at higher levels.
- Key Benchmarks Settle Marginally Higher: The BSE Sensex closed at 82,276.07 (up 50.15 points or 0.06%), while the NSE Nifty 50 ended at 25,482.50 (up 57.85 points or 0.23%).
- Mid & Small Caps Show Resilience: Both the Midcap and Smallcap indices outperformed the heavy-hitting frontline indices today, indicating sustained buying interest in the broader market.
- Positive Market Breadth: Despite the flat close, overall market breadth tilted slightly in favor of the bulls, with 318 stocks out of the Nifty 500 universe ending in the green.
Sector-Specific Highlights
- Metals Shine Brightest: The Nifty Metal index was the top sectoral performer of the day, surging 2.70%, driven by heavy trading volumes and strong global cues.
- Auto & Pharma Rally: The Nifty Auto and Nifty Pharma indices both logged solid gains, each rising by 1.85% during today's session.
- IT Sector Recovers: The IT sector showed early signs of a rebound with the Nifty IT index gaining 1.57%, tracking tech-driven momentum in Asian and US markets.
- PSU Banks Take a Hit: On the flip side, the Nifty PSU Bank index saw the most profit-booking, emerging as the top sectoral loser by falling 0.39%.
Top Movers & Shakers
- Top Nifty Gainers: Bajaj Auto and HCL Technologies led the Nifty pack today, both soaring over 2.7%.
- New 52-Week Highs: Tata Steel jumped 2.63% to hit a fresh 52-week high of ₹214.64. Energy major NTPC also touched its 52-week high today.
- Heavyweights Drag the Market Down: State Bank of India (SBI) and Reliance Industries (RIL) were the biggest drags on the benchmark indices, with each shedding roughly 2% and capping the market's upward momentum.
Corporate Announcements & Actions
- SpiceJet Hits Lower Circuit: SpiceJet shares were locked in a 10% lower circuit following a massive block deal where nearly 15 crore shares (representing 8.4% of equity) changed hands.
- IRFC Hits 52-Week Low: Shares of Indian Railway Finance Corp (IRFC) dropped over 4% to hit a new 52-week low after the government offloaded up to 4% of its equity via an Offer for Sale (OFS).
- L&T Bags Major Orders: Larsen & Toubro (L&T) announced it secured fresh orders ranging between ₹2,500 crore and ₹5,000 crore, boosting its stock by 1.76%.
- Shemaroo Entertainment Surges: Shemaroo shares jumped over 6% after the Bombay High Court canceled a massive ₹400 crore in GST penalties that had been levied against its executives.
- Coforge Secures UK Deal: IT firm Coforge traded higher after announcing a major five-year deal worth $158 million from a UK-based client.
- Univastu India Wins Metro Contract: The company's stock gained momentum on the back of securing an order worth ₹485.67 crore for Mumbai's Metro Line 6.
- IREDA Excluded from Indices: IREDA's share price dipped after the National Stock Exchange (NSE) officially revoked its inclusion in key indices, including the Nifty 500, due to non-compliance with SEBI norms.
Macro & Global Cues
- Volatility Cools Down: The India VIX, a key gauge of market anxiety, fell 4.66% to 13.49, signaling a decline in near-term volatility expectations among traders.
- Rupee Stays Range-Bound: The Indian Rupee traded in a narrow band near 90.90 against the US Dollar, as markets remained cautious amid fresh uncertainties around the US trade framework and recent tariff-related comments from President Donald Trump.


