WEEKLY REPORT
Indian benchmark indices ended lower amid domestic and global cues.
This week, the BSE Sensex index fell 2040.28 points, or -2.45%, to close at 81,287.19, and the Nifty50 shed 581.65 points, or -2.26%, to settle at 25,178.65.
Top gainers – Mankind Pharma, Polycab, IOC, Bharat Forge, and Hitachi Energy
Top losers – UPL, IDFC First Bank, COFORGE, LTIMindtree, Eternal
Sectoral performance remained mixed during the week, with Nifty IT down over 5 percent abd Realty and Telecom down over 4 percent, while Hardware Technology, Metals & Mining and Textiles sectors climbed.
Among the broader market indices the Midcap and Smallcap went down -0.13 and -0.53 percent.
For this week (23 Feb–27 Feb 2026), Foreign Institutional Investors (FIIs) were net sellers overall, with notable outflows of about ₹-7,536 crore on 27 Feb, reflecting foreign funds trimming positions in Indian equities. Domestic Institutional Investors (DIIs) remained net buyers, stepping in with strong support, around ₹12,293 crore on 27 Feb, helping absorb selling pressure and sustain market stability.
The Indian rupee ended the week slightly lower against the US Dollar during this volatile week, with 90.73 per dollar on February 20 Vs ₹91.08 per dollar on February 27.
ECONOMY
India’s FY26 Growth Seen at 7.6%
India’s economy is estimated to have grown 7.6% in FY26 based on the first calculations under the revised GDP series, marking a slight improvement over the earlier 7.1% estimate from the previous fiscal year. Growth estimates for earlier years have also been revised upward. The revised series is intended to present a more accurate and contemporary assessment of India’s economic performance.
AI May Trigger Short-Term Unemployment – U.S. Fed Governor Warns
Federal Reserve Governor Lisa Cook said, Artificial intelligence has triggered a generational shift in the U.S. labor market and could lead to a possible rise in the unemployment rate that the U.S. central bank may not be able to counter with lower interest rates.
STOCKS IN NEWS
Eternal
Shares of Zomato and Blinkit parent company Eternal fell almost 8.5 percent this week, falling for eight days straight, and recovered a little on Friday. This fall is affected by many factors, including after a large block deal weighed on sentiment.
IRFC
Shares of Indian Railway Finance Corporation (IRFC) fell over 8 percent this week, after the government announced offloading up to 4 percent stake in the company through an Offer for Sale (OFS).
Bharat Forge
Defence stock Bharat Forge rose over 5 percent by the end of the week, after the sectors stands to benefit from potential joint ventures and technology partnerships between India and Israel, post Indian Prime Minister’s visit to the country.
Redington
Redington Ltd shares surged more than 8 percent over the week, as investor interest picked up after Apple chief executive Tim Cook revealed a “big week” of product announcements starting next Monday.
Source – Moneycontrol, Reuters
