Market Brief: Bullish Momentum in Nifty 500 The Indian equity markets demonstrated resilience on February 23, with the **Nifty 50** gaining **141 points** to close at **25,713**, while the **Sensex** advanced by **0.6%** to settle at **83,294**. Within this positive environment, the **Nifty 500** index climbed **0.4%** to **23,484**, supported by specific counters exhibiting strong technical breakouts. White Marubozu Signals Four stocks within the **Nifty 500** pack flashed a **White Marubozu** pattern during the session. This technical formation occurs when a stock opens at its low and closes at its high, resulting in a long green candle with little to no shadows. Traders view this as a sign of absolute buyer dominance, suggesting a potential continuation of the uptrend in the coming sessions. Blue Jet Healthcare Outperforms **Blue Jet Healthcare** emerged as a primary highlight, surging **10.00%** to close at **391.40**. The stock outpaced the broader pharmaceutical sector by **8.93%**, hitting an intraday high of **390.95**. Despite this sharp move, the stock currently trades above its **5-day moving average** but remains below its long-term **200-day average**, indicating a significant short-term recovery within a broader consolidation phase. Other Notable Movers * **Aegis Vopak Terminals** jumped **8.7%** to reach **229.03**. * **Neuland Laboratories** climbed **8.0%** to **13,651**. * **BLS International** gained **5.0%** to finish at **281.75**. Market Outlook Domestic momentum remains a primary driver even as global cues fluctuate. For the current expiry cycle, **25,500** is identified as crucial support for the Nifty, while **26,000** remains a major resistance zone. Foreign Institutional Investors (**FIIs**) showed confidence by purchasing shares worth **3,484 crore** in the latest session, offsetting localized selling by domestic institutions.