Post Market 17 February 2026: Sensex, Nifty Edge Higher In Late Recovery

  • By Kotak News Desk
  • 22 May 2026 at 5:24 PM IST
  • Share Market News
  •  4 minutes read
sensex-nifty-close-higher-it-leads-metals-drag

Indian markets rebounded after an early dip, with Sensex and Nifty closing modestly higher. IT stocks led gains on AI optimism, while metals lagged. Traders seemed to stay selective amid steady global cues.

The domestic market found its footing in the second half of Tuesday after a weak start. Early losses were trimmed as buyers stepped into heavyweight stocks. At close:

  • BSE Sensex stood at 83,450.96, up 173.81 points (0.21%)

  • NSE Nifty50 ended at 25,725.40, higher by 42.65 points (0.17%)

The mood was steady. Traders appeared cautious in the morning. However, they turned out to be selective buyers later in the day. Stability in global markets and easing macro concerns helped sentiment.

The rebound was led by value buying in large-cap names. Heavyweights that had corrected recently saw fresh interest. There was no sharp trigger, but the undertone improved as the session progressed.

IT stocks added strength to the indices. The sector drew support from global optimism and fresh domestic cues. Discussions around artificial intelligence at the India AI Impact Summit 2026 kept the spotlight on technology names. Traders rotated into IT counters after the recent consolidation.

Sectoral action remained mixed through the session. Information Technology stocks were clearly in demand. It benefited from stable global tech cues and renewed interest in AI-driven themes. Capital goods stocks also held firm. The long-term infrastructure story continued to attract steady flows, and traders preferred established names in the segment.

On the other hand, metal stocks struggled. Weakness in global commodity trends took a toll on sentiment. Selling pressure was visible in select counters. Financials were not uniformly weak. However, a few large names saw profit booking after recent gains. Oil and gas stocks traded mixed.

Within the Sensex pack, action was stock-specific. The top gainers, which were trading up to 2.3% higher, were:

  • ITC

  • BEL

  • Infosys

  • L&T

  • Asian Paints

  • Titan

Among the top laggards, which were down by up to 1.5%, were:

  • Eternal

  • Trent

  • Tata Steel

  • Reliance Industries (RIL)

  • M&M

  • Bajaj Finserv

The tone by the end of the session felt balanced. Morning nervousness gave way to controlled buying. There was no rush to chase prices higher.

It felt like a market in consolidation mode. Participants were willing to buy dips but avoided aggressive bets. The absence of negative global cues helped. At the same time, there was no strong trigger to push indices sharply higher.

For now, the market appears stable. Buyers seemed active on declines, especially in large-cap names. IT seems to show signs of renewed strength. Metals and select cyclicals remain under pressure.

If global cues stay steady, the market may continue to move in a narrow range with stock-specific action. The broader trend remains intact, but momentum seems to moderate. Patience may matter more than speed in the coming sessions.

Sources:

Business Standard

The Hindu Business Line

Kotak Neo News Desk is a team of enthusiastic market observers backed by Kotak’s 30+ years of legacy, working round the clock to bring the latest news about equities, IPOs, corporate developments, commodities, and economic trends from the financial world.

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit https://www.kotakneo.com/disclaimer/

This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

About the Author
Kotak News Desk
Kotak News Desk

Kotak News Desk brings you latest updates, expert insights, and market-ready ideas - helping you stay informed and invest smarter.

Connect on: Linkedin

Did you enjoy this article?

0 people liked this article.