The Indian stock market opened the week with strength and closed with confidence. Monday’s session turned out to be a rewarding one for equity investors.
In this Sensex and Nifty News, both benchmark indices posted solid gains. Wealth creation was visible in just one trading day. Market capitalisation expanded sharply. And investors felt the momentum return.
Here’s what really happened.
Market Performance: Strong Close for Sensex and Nifty
The Indian stock market ended February 16 on a firm note. Buying interest was seen across most sectors.
Key Index Moves
- Sensex surged 650 points (+0.79%)
- Closed at 83,277.15
- Nifty 50 rose 212 points (+0.83%)
- Settled at 25,682.75
- BSE 150 MidCap Index gained 0.64%
- BSE 250 SmallCap Index slipped 0.16%
The rally was not speculative. It was broad-based across large-cap counters. Particularly visible in banking heavyweights.
₹3 Lakh Crore Added: Investors Get Richer in a Day
One number stood out in this Sensex and Nifty News — ₹3 lakh crore.
That’s the wealth added in just one session.
- Market capitalisation of BSE-listed companies:
- Previous session: ₹465 lakh crore
- Monday close: ₹468 lakh crore
- Increase: Over ₹3 lakh crore
Such expansion in a single trading session signals renewed confidence and strong participation.
Main News: What Drove Sensex and Nifty Higher?
The rally did not happen without triggers. Several factors aligned at once.
Let’s break them down clearly.
1. Short Covering After Recent Decline
Last week, the Indian stock market had corrected over 1%. Concerns around AI-led disruptions had pressured high-quality stocks.
Prices fell. Positions were built on the downside.
On Monday, the mood shifted.
Positive global cues triggered short covering in many large-cap names. Traders rushed to square positions. That buying pushed benchmarks higher.
Major contributors to Sensex gains included:
These heavyweight stocks added momentum to the rally.
Short covering does not always sustain trends. But it often sparks sharp upside moves. That’s exactly what we saw.
2. Banking Stocks Led the Charge
The real driver of this Sensex and Nifty News was banking.
The Nifty Bank index climbed 1.27%.
Further sector strength was visible:
- Nifty PSU Bank index: +1.50%
- Nifty Private Bank index: +1.19%
When banking moves, the broader market follows. Banking carries heavy weight in benchmark indices.
Buying in lenders lifted sentiment and pushed the Nifty 50 and Sensex significantly higher.
The move wasn’t scattered. It was concentrated. Structured. Measured.
That’s what gave this rally its backbone.
3. Stable Indian Rupee Supported Sentiment
Currency stability matters more than many realise.
The Indian rupee closed unchanged at 90.66 per US dollar.
So far in February, the domestic currency has gained 1.5%.
Two clear reasons:
- Dollar sales by exporters
- Foreign portfolio inflows
A stable rupee reduces volatility fears. It builds comfort among foreign investors.
That indirect confidence reflects in equities.
4. Softer US Inflation Data Boosted Global Mood
Global cues played their part.
The latest US Consumer Price Index (CPI) data came in softer than expected.
US Inflation Data:
- CPI rose 0.2% in January
- December increase: 0.3%
- Year-on-year inflation:
- December: 2.7%
- January: 2.4%
Lower inflation strengthens expectations of potential interest rate easing.
Global markets reacted positively. Indian equities tracked that optimism.
The focus now shifts to:
- US FOMC meeting minutes
- US GDP advance estimate
- PCE inflation data
Global bond yields also cooled following the inflation data. That eased pressure on equities.
Sector Performance Snapshot
Here’s how key segments behaved in this Sensex and Nifty News session:
Sensex | +0.79% |
Nifty 50 | +0.83% |
Nifty Bank | +1.27% |
Nifty PSU Bank | +1.50% |
Nifty Private Bank | +1.19% |
BSE MidCap | +0.64% |
BSE SmallCap | -0.16% |
The divergence between midcaps and smallcaps suggests selective participation.
Large caps dominated the move.
Company Impact: Heavyweights Moved the Needle
When markets rally sharply, index heavyweights matter most.
This session was no different.
The key contributors were:
- HDFC Bank
- Reliance Industries
- Axis Bank
- Bharti Airtel
These stocks carry significant weight in benchmark indices. A strong move in just a few of them can shift the entire index.
That structural impact was visible on Monday.
Sensex and Nifty News: Market Mood Shifted Clearly
Last week, concerns and caution dominated sentiment.
This week began differently.
Key observations from this trading session:
- Large-cap buying was visible.
- Banking stocks led decisively.
- Currency stability added comfort.
- Global inflation data eased pressure.
- ₹3 lakh crore wealth was created in one day.
The recovery was orderly, not erratic.
Summary: Clear Strength in Benchmarks, Selective Participation
To summarise this Sensex and Nifty News:
- Sensex gained 650 points to close at 83,277.15.
- Nifty rose 212 points to settle at 25,682.75.
- Investors saw ₹3 lakh crore added in a single day.
- Banking stocks drove the rally.
- The rupee stayed stable at 90.66 per dollar.
- US inflation cooled to 2.4% year-on-year.
It was a session where global stability and domestic buying aligned.
No excessive volatility. No panic chasing.
Just steady, structured upside in heavyweight stocks.
That combination lifted the Indian stock market and brought confidence back — at least for the day.
Source: Livemint
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