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Benchmarks give up some gains in late trade
Feb-17-2026

Benchmarks relinquished some gains, but continued to trade in green in late afternoon session amid last hour volatility ahead of weekly expiry of Nifty’s F&O contracts. Further, investors remained cautious as foreign institutional investors (FIIs) turned net sellers for second consecutive session. FIIs have sold equities worth Rs 972.13 crore on Monday’s session. Besides, IT stocks, which contributed significantly in markets trading in the positive territory, have gave up some gains over the course of the session.

On the global front, Japanese market was trading lower as traders awaited for release of key U.S. economic data. European equity markets were trading higher with geopolitics and upcoming U.S. economic data in the spotlight.

The BSE Sensex is currently trading at 83379.25, up by 102.10 points or 0.12% after trading in a range of 82987.43 and 83598.00. There were 15 stocks advancing against 16 stocks declining on the index.

The top gaining sectoral indices on the BSE were IT up by 1.03%, Industrials up by 0.90%, FMCG up by 0.77%, Consumer Durables up by 0.61% and Capital Goods up by 0.55%, while Metal down by 1.24%, Basic Materials down by 0.46%, Energy down by 0.34%, Power down by 0.24% and Oil & Gas down by 0.23% were the top losing indices on BSE.

The top gainers on the Sensex were ITC up by 2.37%, Bharat Electronics up by 2.01%, Infosys up by 1.84%, Adani Ports & SEZ up by 1.64% and Larsen & Toubro up by 1.43%. On the flip side, Kwality Wall's (India) down by 4.79%, Eternal down by 2.08%, Trent down by 1.63%, Tata Steel down by 1.34% and Reliance Industries down by 1.02% were the top losers.

Meanwhile, high tariffs from the United States dampened India's textile and apparel exports, as it has come to see in the Confederation of Indian Textile Industry’s (CITI) latest data report that showed decline of 3.68 per cent in textile exports and 3.84 per cent fall in apparel exports in January 2026 compared with January 2025. Overall, combined exports of textiles and apparel plunged 3.75 per cent to $3,275.44 million in January 2026, from $3,403.19 million in January 2025.

According to the report, the decline was mainly seen across key textile segments, with exports of cotton yarn, fabrics, made-ups, and handloom products falling 4.15 per cent to $995.58 million in January 2026 from $1,038.69 million in January 2025. Carpet exports also saw decrease of 12.05 per cent to $118.99 million, while exports of jute manufactured products, including floor coverings, dropped significantly by 18.92 per cent during the same period. Exports of handicrafts, excluding handmade carpets, also declined 2.70 per cent.

However, exports of man-made yarn, fabrics, and made-ups recorded a slight growth of 1.01 per cent, rising to $430.29 million in January 2026 compared with $425.97 million in January 2025. During the period from April 2025 to January 2026, textile exports declined 2.35 per cent, while apparel exports grew 1.59 per cent compared with the same period of the previous financial year. Cumulative textile and apparel exports during April 2025 to January 2026 registered a marginal decline of 0.65 per cent compared with April 2024 to January 2025.

The CNX Nifty is currently trading at 25696.05, up by 13.30 points or 0.05% after trading in a range of 25570.30 and 25764.40. There were 22 stocks advancing against 27 stocks declining, while 1 stock remain unchanged on the index.

The top gainers on Nifty were Adani Enterprises up by 2.33%, ITC up by 2.30%, Bharat Electronics up by 2.04%, Infosys up by 2.03% and Adani Ports & SEZ up by 1.82%. On the flip side, Kwality Wall's (India) down by 4.79%, Eternal down by 2.30%, Hindalco down by 2.24%, Trent down by 1.61% and Shriram Finance down by 1.60% were the top losers.

The Japan’s Nikkei 225 slipped 424.41 points or 0.75% to 56,382.00, while Chinese, Indonesian, South Korean, Singapore and Taiwanese markets remained closed on account of holiday.

European equity markets were trading higher; UK’s FTSE 100 increased 46.32 points or 0.44% to 10,520.01, France’s CAC rose 11.9 points or 0.14% to 8,328.40 and Germany’s DAX gained 70.09 points or 0.28% to 24,871.00.
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