Stock Market Live Feb 24: Sensex drops over 350 points, Nifty slips below 25,600 amid global jitters

Nifty IT Index: The IT index declined 2.5%, marking its fifth consecutive session of losses.

Nifty today: Top gainers, losers at this hour of trade

Top gainers of Nifty 50:

ONGC (+0.58%), Coal India (+0.43%), Tata Steel (+0.40%), Adani Enterprises (+0.40%), SBI (+0.38%)

Top losers:

HCL Tech (-3.17%), Eternal (-3.08%), Infosys (-3.05%), Tech Mahindra (-2.76%), TCS (-2.74%)

Opening Bell: Sensex drops 449 points, Nifty falls 119 points in early trade

Sensex depreciated by 448.50 pts or 0.54% to 82,846.16 at 9.18 am, and Nifty 50 fell 119.30 pts or 0.46% to 25,593.70.

Stocks in News: February 24, 2026

Waaree Energies: Company receives order for 500mw solar modules from leading independent power producer (Positive)

Fractal Analytics: Company launches ‘PiEvolve’ Agentic Engine for autonomous machine learning & scientific discovery (Positive)

Morepen Lab: Company bags Rs 825 crore global deal, expands into high-growth CDMO segment

Bharti Airtel: Company plans major push! NBFC platform Airtel Money to be capitalised with Rs 20,000 crore (Positive)

HCL Technologies: Brazil regulator approves Jaspersoft acquisition by HCLTech (Positive)

Lupin: Company gets European commission approval for Biosimilar Ranibizumab (Positive)

JSW Infra: Company subsidiary JSW JNPT receives project completion certificate for liquid cargo berths at JNPA; capacity rises to 181.4 MTPA (Positive)

Pace Digitek: Company receives Rs 158.71 crore purchase order from reliance industries limited for li-ion 48v battery packs (Positive)

Samvardhana Motherson: Company inaugurates a new automotive lighting facility in Sanand, Gujarat (Positive)

Chalet Hotels: Company approves 330-room luxury hotel with 36,255 sq.ft commercial space at Madhapur, Hyderabad (Positive)

Suraj Estate Developers: Company acquires Hally Pacific private limited with a potential of rupees 200 crore gdv project in Prabhadevi (Positive)

Patel Engineering: Company declared L1 for Rs 133.25 crore irrigation project by Maharashtra Krishna Valley Development Corp. Company share in the contract is Re 67.96 crore (Positive)

One Mobikwik: Company receives bse approval to launch stock broking business (Positive)

Tata Communications: Company issues Rs 300 cr commercial paper (Neutral)

HFCL: Company joins consortium led by IIT Delhi to develop Hollow-Core Fiber Technology (Neutral)

BPCL: Company receives excise demand order of Rs 1,817 crore from commissioner of central tax and central excise (Negative)

Global Markets Live: Global software stocks tumble overnight; Infosys down 5%, Wipro 3%, Accenture 6.5%

Software Sell Off Sell (Again)

Overnight.

Infosys -5%

Wipro -3%

EPAM -6.4%

Globant -9%

Accenture -6.5%

Cognizant -6%

Stock Markets Live: Nifty spot at 25,713; highest OI at 26,000 call, 25,500 put; FII index longs rise to 29%; S&P 500 down 1%, Brent at $71.5

Morning Updates : 

Nifty Highest OI

(24th Feb Expiry)

Call:26000/Put: 25500 

Nifty Spot – 25713 

Nifty 50 EMA – 25691

Nifty 200 EMA – 25244

Nifty 100 PE – 21.9

Nifty 50 PE – 22.5

Nifty PCR – 1.02

NiftyCash Market Volume – 83k Cr

FII Index Long Futures increased to 29% from 25% 👈🏼👈🏼

S&P 500 : -1.04%

Brent Futures : 71.5

Dollar Index : 97.8

USD INR. : 90.9

Securities in Ban For Trade Date 24-FEB-2026

1. SAIL

Global Markets Live: Trump warns of higher tariffs for countries exploiting Supreme Court decision, urges caution to trade partners

TRUMP: ANY COUNTRY THAT WANTS TO “PLAY GAMES” WITH THE RIDICULOUS SUPREME COURT DECISION, ESPECIALLY THOSE THAT HAVE “RIPPED OFF” THE U.S.A. FOR YEARS, AND EVEN DECADES, WILL BE MET WITH A MUCH HIGHER TARIFF, AND WORSE, THAN THAT WHICH THEY JUST RECENTLY AGREED TO. BUYER BEWARE!!! THANK YOU FOR YOUR ATTENTION TO THIS MATTER. PRESIDENT DONALD J. TRUMP

Stock Markets Live: FIIs net buyers at ₹3,484 crore, DIIs sell ₹1,292 crore on Feb 23

23.02.2026

FIIs +₹3484 crore

DIIs -₹1292 crore

Global news: Jane Street sued over alleged front-running in $40 billion Terraform collapse

Jane Street sued over alleged insider trading linked to Terraform collapse

Jane Street faces a lawsuit alleging insider trading before Terraform’s $40 billion collapse, which triggered the TerraUSD crash and FTX fallout.

Opening Bid: Nifty may slip 100 points at open amid US sell-off, tariff tensions

Sensex, Nifty likely to open lower as tariff fears and F&O expiry weigh

Indian markets may open lower as Gift Nifty signals a gap-down. Tariff tensions, AI disruption fears and F&O expiry could keep Nifty volatile today.

IPO updates: India targets ₹1.79 lakh crore from PSU IPOs across key sectors by FY30

India targets ₹1.79 lakh crore from PSU IPOs by FY30 under new asset monetisation plan

India plans to raise ₹1.79 lakh crore via PSU IPOs in railways, power, coal and aviation by FY30 under NITI Aayog’s new asset monetisation roadmap.

IPO Updates: Mom’s Belief files draft IPO papers with SEBI; India’s largest NDD intervention provider

Rays of Belief Limited, which operates under the brand name “Mom’s Belief,” has filed its Updated Draft Red Herring Prospectus – I (UDRHP-I) with the Securities and Exchange Board of India (SEBI) in connection with its proposed Initial Public Offering (IPO).

Mom’s Belief ranks first in India by number of centres providing intervention plans for children with neurodevelopmental disorders (NDDs) and is the seventh largest globally in its domain, based on the number of centres. The Company had earlier undertaken a confidential filing of its pre-filed draft red herring prospectus with SEBI in October 2025. Pursuant to the observations received from SEBI and the Stock Exchanges (BSE and NSE) earlier, the Company has transitioned to the public filing phase with the submission of the UDRHP-I.

The IPO comprises a Fresh Issue of up to 60 lakh equity shares of face value ₹10 each. The Company, in consultation with the Book Running Lead Manager (BRLM), may consider a Pre-IPO Placement of up to 20% of the Issue size prior to filing the Red Herring Prospectus with the Registrar of Companies (RoC).

Mom’s Belief provides multidisciplinary, evidence-based intervention plans for children aged 18 months to 15 years diagnosed with neurodevelopmental disorders such as Autism and Dyslexia.

As of September 30, 2025, the Company operates 136 centres across 57 cities in 20 states and union territories in India, including 43 centres in Tier 1, 76 centres in Tier 2, and 17 centres in Tier 3 cities. The Company has also expanded internationally through the acquisition of Mom’s Belief US, Inc., adding three centres in the United States.

Stock in focus: Jyoti Structures Successfully Energises Key 400 kV Transmission Lines in Ahmedabad

Jyoti Structures Limited (JSL), a listed Engineering, Procurement and Construction company specialising in power transmission infrastructure, today announced the successful charging of critical sections of the 400 kV multi-circuit transmission network between Pirana and Ahmedabad, marking a significant milestone in the project execution.

The transmission line from Torrent Power Grid Limited (TPL), Pirana to Power Grid Corporation of India Limited (PGCIL), Ahmedabad (CKT-1) was successfully charged at 17:15:45 hrs on February 19, 2026. Subsequently, the line from PGCIL, Pirana to PGCIL, Ahmedabad was energised at 19:20 hrs on the same day.

This achievement reflects the strong technical expertise, meticulous planning, and seamless coordination demonstrated by the project team. The successful energisation was accomplished after overcoming multiple operational and technical challenges, ensuring smooth, safe, and reliable commissioning of the infrastructure.

MF Trends: AUM of managed funds to double past Rs 455 lakh crore by 2030

Managed funds have become a force to reckon with as the shift in India’s investment narrative gains traction, with savings increasingly moving from traditional avenues such as fixed deposits to professionally managed, market-linked portfolios, indicates our report, ‘The ascent of alternatives’, released last Friday.

The report projects the assets under management (AUM) of India’s managed funds industry to grow 2.1x from Rs 2121 lakh crore last fiscal to ~Rs 455 lakh crore by fiscal 2030, as financialisation and investor participation increase.

That would take managed investments to ~73% of GDP, compared with ~64% as of last fiscal.

Managed funds include mutual funds, life insurance, retirement funds, portfolio management services (PMS), alternative investment funds (AIFs), real estate investment trusts (REITs) and infrastructure investment trusts (InvITs).

Stock Markets Live: NSE warns investors against fraudulent tips from Rahul Dudani and Yash Enterprises; urges caution and safe trading practices

NSE has issued a caution advisory for investors against a person named Rahul Dudani, operating through the mobile number “9811201883”, providing securities market tips and offering to handle trading accounts of the investors by asking investors to share their Login ID/Password.

Additionally, NSE has also issued caution advisory against Yash Enterprises operating through the website link “https://yash-enterprise.com/contact-us”, providing securities market tips to the investors.

NSE advises investors to remain cautious and not to subscribe to any scheme/product offered by any person/entity offering indicative/assured/guaranteed returns in the stock market, as the same is prohibited by law. Further, investors are advised not to share their trading credentials such as user ID/Password with anyone.

In focus: ONE MOBIKWIK: CO RECEIVES BSE APPROVAL TO LAUNCH STOCK BROKING BUSINESS

Commodities market live: Movement in oil prices by Rajeev Sharan, Head – Criteria, Model Development & Research, Brickwork Ratings:

“The latest surge in crude prices is a textbook reminder of how quickly the geopolitical risk premium can reprice when supply routes are threatened. Escalating US-Iran tensions and fears of disruption around the Strait of Hormuz have pushed Brent to multi-month highs, as markets reevaluate the risk of a sustained supply shock. The US Supreme Court’s tariff ruling adds another layer of uncertainty to global trade, amplifying risk premiums across commodities. For India and other oil-importing economies, this raises the prospect of renewed input cost pressures, stickier inflation, and narrower policy space. From a credit rating perspective, the immediate focus is on fuel-intensive sectors such as airlines, road transport, and chemicals, and on sovereigns with large energy import bills, where a prolonged spike in crude could weaken external balances, compress margins, and incrementally weigh on credit profiles.”

Currency market updates: Dollar languishes as Asia markets reopen to renewed tariff turmoil

The dollar languished on Tuesday as Asian markets weighed the fallout on global trade from renewed turbulence over U.S. President Donald ‌Trump’s tariff regime. The greenback held losses as China and Japan reopened after holidays and Trump warned countries against retreating from recent trade deals after the Supreme Court struck ⁠down his emergency tariffs.

The yen was a shade weaker after the Nikkei newspaper said U.S. authorities took the lead in conducting so-called rate checks last month to prop up Japan’s currency. Washington’s latest tariff threats are clouding the ‌outlook for global trade, following the Supreme Court’s ruling that Trump’s use of a 1977 emergency law to impose tariffs exceeded his authority. – Reuters

Buzzing stocks: Why BPCL, Chalet Hotels, Lupin, Concor, HFCL, NBCC, Waaree Energies will remain in focus today

BPCL, Chalet Hotels, Lupin, Concor, HFCL, NBCC, Waaree Energies: Why these stocks are in focus today

Key business updates for BPCL, Chalet Hotels, Lupin, Concor, HFCL, NBCC, and Waaree Energies to watch today.

Top Losers of the Day – Nifty 500 : 23 Feb 2026

* IDFC First Bank – 🔻16.1%

* UPL – 🔻14.3%

* Godfrey Phillips – 🔻11.0%

* Swan Corp Ltd – 🔻6.6%

* AU SFB – 🔻5.4%

* Reliance Infra. – 🔻4.9%

* Choice Int. – 🔻4.8%

* Dixon Tech. – 🔻4.3%

Sharp declines across banking, agrochemicals, FMCG, infra and electronics space.

Global news: China Keeps Loan Prime Rate Steady, As Expected

– 5-Year LPR Kept At 3.50%

– 1-Year LPR Kept At 3.00%

WATCH: Today’s stock recommendation

Global news: Trump administration weighs new Section 232 tariffs after Supreme Court setback

Trump administration considers new Section 232 tariffs after Supreme Court ruling

Trump administration may impose new Section 232 national security tariffs on key industries after Supreme Court invalidates earlier levies.

Trading Guide for February 24, 2026: Intraday supports, resistances for Nifty50 stocks

Day Trading Guide for February 24, 2026: Intraday supports, resistances for Nifty50 stocks

Day Trading Guide gives you the key intraday supports and resistances to watch out for on the Nifty Futures and other widely traded stocks such as Reliance Industries, Infosys, HDFC Bank, TCS, SBI.

Global markets update: Cybersecurity stocks tumble as Anthropic unveils Claude Code Security tool

Cybersecurity stocks slide as Anthropic launches Claude Code Security amid AI fears

CrowdStrike, Datadog and peers fall up to 11% after Anthropic unveils Claude Code Security, intensifying AI disruption fears in cybersecurity stocks.

Global markets update: Wall Street tumbles as AI disruption fears and Supreme Court ruling rattle investors

Indexes down: Dow 1.66%, S&P 500 1.04%, Nasdaq 1.13%

Wall Street falls over 800 points as AI fears, tariff tensions and Supreme Court ruling shake markets

Dow drops 800+ points as AI disruption fears, tariff uncertainty and Supreme Court ruling trigger broad US market selloff; gold jumps on safe-haven demand.

Stock to buy today: ICICI Prudential Life Insurance Company (₹663.50) – BUY

Stock to buy today: ICICI Prudential Life Insurance Company (₹663.50) – BUY

The short-term outlook is bullish for ICICI Prudential Life Insurance Company (LIC). The stock has been getting very good support from its 200-Day Moving Average (DMA) since late January this year.