Bajaj Broking Closing Market Commentary for 25th February 2026

Indian benchmark indices settled on a flat to positive note on February 25 in a highly volatile session marking the commencement of the March series, with the Nifty ending below the 25,500 level. The index opened with a gap-up and extended its early momentum to touch an intraday high of 25,653, but selling pressure at higher levels eroded gains, leading to a complete fill of the opening gap.

Looking ahead, geopolitical developments involving the United States and Iran, along with AI and tariff related news flow, are likely to dictate market sentiment and near-term trajectory.

At the close, the Sensex edged up 50.15 points or 0.06 percent to 82,276.07, while the Nifty gained 57.85 points or 0.23 percent to settle at 25,482.50.

Sectorally, auto, healthcare, IT, metal and pharma emerged as key outperformers, advancing 1-2 percent, whereas FMCG, PSU Bank, Realty and Infra indices witnessed mild profit booking, declining in the range of 0.19 to 0.40 percent.

The broader market displayed relative strength, with the Nifty Midcap index rising 0.58 percent and the small-cap index advancing 1 percent.

Nifty Outlook

The index has formed a high wave candle with a small real body and long shadows in either direction which mostly remained contained inside previous session price range signaling consolidation amid stock specific action.

Nifty on yesterday session reacted lower from the immediate resistance area of 25,650, going ahead only a move above the same will signal a pause in the current corrective trend.

As mentioned in earlier edition Index is seen consolidating in the range of 25,350-25,900 in the last 9 sessions. Only a breakout or a breakdown below this range will signal next direction trend. Volatility is likely to remain elevated amid uncertain global cues.

A breach below Tuesday low 25,327 will open further downside towards the 200 days EMA and the previous gap up area placed around 25,100-25,200.

Bank nifty Outlook

Bank Nifty formed a small bearish candle with small real body and shadows in either direction signaling consolidation amid stock specific action.

Bias remains positive and we believe dips should be used as buying opportunity, with short term support seen at 60,500-60,200 levels being the confluence of the 20 days EMA and the key retracement of previous up move.

Volatility is likely to remain elevated amid uncertain global cues.

In the near-term index is likely to trade in the range of 60,000-61,750. A decisive move beyond this range could trigger fresh directional momentum.

Source : Equity Bulls

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