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SAURABH SAHU

16th Feb ยท SEBI-Registered Analyst

๐Ÿ”” Dalal Street Rebounds Strongly: Banks & Power Lead 650-Point Sensex Surge

After two consecutive sessions of decline, Indian markets bounced back sharply on February 16, 2026, supported by strong buying in banking and power stocks. The **Sensex** rallied nearly 650 points, while the **Nifty 50** reclaimed and held above the 25,650 mark, signaling renewed bullish sentiment at higher levels. ### ๐Ÿ’น Leadership from Heavyweights The rally was powered by frontline names such as **Power Grid Corporation of India**, **Coal India**, **HDFC Bank**, **Adani Enterprises**, and **Axis Bank** โ€” all posting solid gains and lifting index momentum. However, weakness persisted in select IT and auto counters. Stocks like **Tech Mahindra**, **Bajaj Finance**, **Maruti Suzuki**, **Eicher Motors**, and **Mahindra & Mahindra** ended in the red, limiting broader upside. ### ๐Ÿ“Š Sector Check Buying interest was visible across Power, PSU Banks, Realty, Private Banks, Infra, Capital Goods, and Energy โ€” all rising between 1โ€“2%. On the other hand, Media and Auto indices declined 0.5โ€“1%, reflecting sector-specific pressure. Broader markets showed muted participation compared to benchmarks. The Nifty Midcap index gained 0.4%, while the Smallcap index closed flat, indicating selective stock-specific action. ### ๐Ÿงญ Market Insight The session clearly reflected rotation into banking and infrastructure themes. Holding above the 25,650 level keeps short-term momentum intact, with 25,500 emerging as an immediate support zone. *Disclaimer: The above content is for informational and educational purposes only. It does not constitute investment advice.*

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