IN Stock Market Live: Sensex Jumps 200 Points, Nifty Near 25,500 as IT Stocks Rally Post Nvidia Results
IN stock market opened higher on February 26, 2026, as strong global tech cues lifted investor confidence. The Sensex climbed over 200 points, while the Nifty moved closer to the 25,500 mark, led by a sharp rally in IT stocks. The surge followed better-than-expected earnings from Nvidia, which boosted global technology sentiment overnight.
Asian markets turned positive, and Indian IT majors quickly followed the trend. Stocks like Infosys, TCS, and HCL Tech saw fresh buying after weeks of pressure. Traders also reacted to improved outlook for AI-led growth and stable US demand. With global risk appetite returning, Dalal Street is once again in focus. The big question now is whether this momentum can last or fade quickly.
Market Snapshot: Sensex, Nifty, and Sectoral Performance
Indian equity markets opened strong on February 26, 2026, tracking positive global cues. The Sensex rose 192 points to 82,467, while the Nifty 50 climbed 65 points to 25,547 in early trade. All 16 sectoral indices traded in green, showing broad-based buying interest.
The rally came after weeks of volatility and heavy selling in IT stocks. Improved sentiment in global technology markets triggered fresh buying across Indian IT majors. Mid-cap and small-cap indices also moved higher by nearly 0.2%, signaling cautious optimism among investors.
Why Did Indian Markets Rally Today?
How Did Nvidia’s Earnings Change Global Market Mood?
The key trigger was Nvidia’s strong quarterly earnings, announced on February 25, 2026. The company posted 73% year-on-year revenue growth, beating market estimates. This confirmed continued strong demand for AI chips and data center solutions.
The results boosted technology stocks worldwide. US markets ended higher overnight, and Asian markets followed. Since Indian IT firms earn a major share of revenue from global clients, the positive outlook quickly lifted Indian IT stocks.
Why Do Indian IT Stocks React So Strongly to US Tech Results?
Indian IT companies depend heavily on US and global enterprise spending. When US tech firms show growth, it improves confidence in outsourcing demand, cloud projects, and AI adoption. This encourages investors to re-enter Indian IT stocks after periods of selling pressure.
IT Sector Rebound: Relief Rally After Heavy Selling
What Triggered the Recent IT Sell-Off?
In February 2026, the Nifty IT index fell nearly 21%, marking its worst monthly decline in almost 23 years. The sector lost over $68.6 billion in market value.
The fall was driven by:
- Fears that AI automation may reduce IT outsourcing demand
- Weak global tech sentiment
- Heavy foreign investor selling
Why Is Today’s IT Rally Important?
Today’s bounce signals a relief rally supported by valuation comfort and short-covering. Major IT stocks gained:
- HCL Technologies: +2.9%
- TCS: +2.1%
- Infosys: +1.08%
- Wipro: +0.9%
- Tech Mahindra: +2.0%
This recovery suggests that investors are gradually rebuilding positions after the sharp correction.
Stocks in Focus: Top IT Gainers Leading the Market
Which IT Stocks Drove Today’s Rally?
Infosys:
The stock rose 1.08% to ₹1,290.35, outperforming the broader market. However, it still trades nearly 27% below its 52-week high, indicating room for recovery.
TCS and HCL Tech:
Both stocks gained over 2%, supported by renewed buying interest and strong global tech cues.
Wipro and Tech Mahindra:
These stocks added nearly 1-2%, backed by short covering and optimism around digital transformation spending.
Technical View: Nifty Near Key Resistance Zone
What Do Technical Indicators Suggest Now?
The Nifty 50 is approaching a major resistance zone at 25,600-25,650. Analysts see immediate support near 25,350–25,400.
Technical Summary:
- Break above 25,600 may push Nifty toward 25,900–26,000
- Failure to hold gains could trigger profit booking and sideways trade
Short-term indicators show positive momentum, but traders remain cautious due to recent market volatility.
What Meyka Says: Market Outlook and AI-Driven Trends
According to Meyka’s AI-powered stock analysis tool, Indian IT stocks are currently in a short-term recovery phase, supported by:
- Improved global tech sentiment
- Stable US enterprise demand
- Valuation comfort after sharp corrections
Meyka’s technical model highlights momentum reversal signals in Nifty IT, suggesting selective buying opportunities in fundamentally strong IT stocks. The tool also warns that sustained upside depends on global AI spending trends and US macro data.
Supporting Insights from Market Analysts
Analysts at major brokerages say the rally reflects relief buying rather than a full trend reversal. According to a Reuters poll on February 25, 2026, strategists remain cautious due to:
- High market valuations
- Geopolitical risks
- Foreign investor outflows
They expect Nifty 50 to reach 26,500 by mid-2026 and 27,750 by year-end, but warn of possible 10% corrections in the near term.
Global Cues: How US and Asian Markets Influenced Indian Stocks
US markets closed higher on February 25, driven by a tech-led rally. Nasdaq gained strongly as investors cheered Nvidia’s earnings. Asian markets opened higher the next morning, improving overall risk sentiment.
This positive global setup directly lifted Indian equities, especially technology stocks.
IN Stock Market: What Should Investors Watch Next?
Investors should closely track:
- US inflation data and Fed rate outlook
- AI spending updates from global tech firms
- Foreign institutional investor flows
- Crude oil price movement
- Geopolitical developments, including US-Iran talks
These factors will shape near-term market direction and volatility.
Wrap Up
The market rebound reflects improving global sentiment and renewed confidence in technology-led growth. While short-term volatility may continue, strong earnings signals and stabilizing trends offer cautious optimism. Investors should stay selective, manage risk carefully, and track global cues closely, as the next few sessions could define the market’s near-term direction and strength.
Frequently Asked Questions (FAQs)
The Indian stock market rose on February 26, 2026, due to strong global tech cues, positive Asian markets, and fresh buying in IT stocks after Nvidia’s better-than-expected earnings results.
IT stocks gained on February 26, 2026, as Nvidia’s strong earnings improved confidence in global tech spending, boosting demand outlook for Indian IT services and AI-driven digital transformation projects.
Nifty may cross 25,500 this week, if global markets stay positive, IT stocks extend gains, and investor sentiment remains strong. However, short-term volatility could limit sharp upside moves.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.