Market Brief: Bullish Momentum Amidst Broad Market Volatility Indian equity markets faced a sharp sell-off on February 19, 2026, with the **Nifty 50** dropping **365 points** to close at **25,454.35**. Despite this **1.41%** decline in benchmark indices, specific pockets of the **Nifty 500** displayed resilient bullish momentum. Technical scans identified four notable stocks—**Oil India, Tata Investment Corporation, Godrej Industries, and Newgen Software Technologies**—where the Relative Strength Index (**RSI**) crossed above the **50** mark. This transition signals a shift from bearish to bullish price momentum, suggesting potential short-term buying opportunities even as the broader market grapples with geopolitical tensions and FII outflows. Stock Performance Highlights **Newgen Software Technologies** emerged as a standout performer, surging **11.07%** to reach **₹586.35**. This rally followed a period of intense selling, with the stock rebounding sharply from a **52-week low** of **₹458.65**. Trading volume spiked to **87.47 lakh** shares, a massive increase over its 10-day average, signaling strong accumulation at lower levels. **Tata Investment Corporation** also witnessed a significant breakout, climbing **11.85%** in early trade to reach **₹719.95**. The stock outperformed the **Nifty 500** significantly over the week, with buy orders dominating nearly **80%** of market depth. This move pushed the stock above its **5-day and 20-day** moving averages, confirming a short-term trend reversal. **Godrej Industries** showcased robust intraday strength, gaining **7.55%** to hit a high of **₹1,046.65**. The company has maintained a positive trajectory for four consecutive sessions, yielding a total return of **7.68%** in that period. Technically, the price is now trading above its **50-day** moving average, although it faces long-term resistance at the **100-day** mark. **Oil India** recorded a **2.13%** gain to close at **₹463**, bucking the trend of a **0.96%** decline in the broader oil sector. Derivative data indicated a significant surge in open interest, which rose **11.1%** to **37,340** contracts. While the stock remains below its short-term **5-day** average, the RSI crossover suggests a building base for a potential upward move. Market Context The broader market weakness was driven by a combination of factors, including rising **Brent Crude** prices hitting **$71.92** and persistent selling by Foreign Portfolio Investors (**FPIs**), who offloaded shares worth **₹880.49 crore** in a single session. The **Nifty 500** index itself ended at **23,258.40**, down **1.64%**. However, the RSI crossover in these four stocks highlights a "divergence" where individual price action is beginning to decouple from the bearish sentiment of the primary indices.