Indian Stock Market Update: Seven Major Stocks Move on Monday
Indian equity benchmarks successfully halted a multi-day losing streak on Monday, February 16, 2026. The recovery was driven by a powerful late-session rally, with the BSE Sensex surging **650.39 points** to close at **83,277.15**. Simultaneously, the NSE Nifty 50 climbed **211.65 points**, or **0.83%**, ending the day at **25,682.75**.
Financial and energy stocks acted as the primary engines for this rebound. **HDFC Bank** and **Reliance Industries** provided significant heavy-lift support, while **Power Grid** led the Nifty gainers with a jump of over **4.5%**. The healthcare sector also remained a bright spot, with **Max Healthcare** and **Torrent Pharma** seeing active buying interest following a positive trend in recent earnings reports.
In the broader market, performance was more fragmented. **Engineers India** saw a sharp rise of nearly **8.8%**, while **EaseMyTrip** (Easy Trip Planners) experienced a major breakout, surging more than **15%** to reach **7.61** per share. This surge came amid high trading volumes, signaling a reversal from its recent bearish phase.
However, several high-profile companies faced intense selling pressure due to disappointing quarterly results. **FirstCry** (Brainbees Solutions) saw its stock price crash by **12%** to a record low after its net loss widened significantly to **38.4 crore** for the December quarter. **Ola Electric** also struggled, trading lower as investors reacted to a sharp decline in revenue despite some improvement in operational losses.
**Inox Wind** witnessed volatility following its earnings release, joining the list of select stocks that underperformed the benchmarks. Additionally, the broader market indices—the Nifty Midcap and Smallcap—lagged behind the frontline gauges, ending with modest gains of **0.48%** and **0.11%** respectively.
Sectoral trends remained mixed. While **PSU Banks** and **Realty** indices advanced by over **1.5%**, the **Auto** and **Media** sectors faced headwinds, closing the day in the red. The **India VIX**, a measure of market volatility, rose slightly by **0.1%**, reflecting a cautious yet optimistic undertone as the market prepares for upcoming economic data.