Foreign Institutional Investors turned net sellers on February 24, offloading equities worth Rs102 crore, while Domestic Institutional Investors provided support with net purchases of Rs3,161 crore.
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, 25 February 2026: Today, the benchmark indices witnessed a volatile trading session. After a roller-coaster activity, the Nifty ended 58 points higher, while the Sensex was up by 50 points. Among sectors, the Metal Index outperformed, rallying 2.60 percent. Technically, the market opened on a strong note, but after an intraday rally, it again witnessed profit booking at higher levels, which is largely negative.
We are of the view that the 20-day SMA (Simple Moving Average) or 25,600/82500 will act as an immediate resistance zone for day traders. As long as the market trades below this level, the weak sentiment is likely to continue on the downside, with a potential slip toward the 200-day SMA or 25,350-25,300/82000-81800. Conversely, if the market moves above the 20-day SMA or 25,600/82500, the pullback could extend toward 25,750-25,800/82800-83000.
Gaurav Garg, Research Analyst at Lemonn Markets Desk, reports:
Benchmark indices pared most of their early gains on February 25, retreating sharply from the day’s highs amid broad-based profit booking. The Sensex slipped nearly 800 points from its intraday peak of 82,957.91, while the Nifty fell from its high of 25,652.6 to trade below the 25,450 mark.
Among Nifty constituents, Bajaj Auto surged nearly 3% to emerge as the top gainer. Tata Steel, HCL Technologies and Shriram Finance gained over 2% each. Information technology stocks remained resilient, with Tata Consultancy Services, Infosys, Wipro and Tech Mahindra rising around 1% each.
Auto stocks also traded firm, as Mahindra & Mahindra, Maruti Suzuki India, Tata Motors Passenger Vehicles and Eicher Motors advanced 1–2%.
Markets witnessed profit booking after a strong morning rally of nearly 0.9%, amid persistent global uncertainty and heightened volatility. Analysts advised a disciplined and selective approach, recommending fresh long positions only on a sustained breakout above 25,800 on the Nifty to confirm stronger bullish momentum.
Foreign Institutional Investors turned net sellers on February 24, offloading equities worth Rs102 crore, while Domestic Institutional Investors provided support with net purchases of Rs3,161 crore.
