Market Wrap: BSE Sensex jumps 480 pts; Nifty 50 crosses 25,700; PSU banks, healthcare lead gains

Stock Market Today | February 23, 2026: Indian frontline indices recorded their second straight session of advances, buoyed by strong buying in PSU banking and healthcare counters. Domestic equities also drew strength from upbeat global sentiment after the US Supreme Court struck down reciprocal tariff measures proposed by Donald Trump. The Nifty 50 climbed 0.55% (141.75 points) to close at 25,713, while the Sensex advanced 0.58% (479.95 points) to settle at 83,294.66. The broader market delivered a mixed performance. The Nifty MidCap slipped 0.43%, whereas the NSE SmallCap edged up 0.29%. On the sectoral front, the Nifty PSU Bank and Nifty MidSmall Healthcare indices emerged as top gainers, rising 1.36% and 1.03%, respectively. In contrast, the Nifty IT lagged the most, followed by the Nifty Chemicals. Market experts caution that lingering concerns around US tariff policies could pressure Indian export-driven sectors, including textiles, pharmaceuticals, gems and jewellery, and engineering goods. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.