The Nifty ended 94 points higher, while the Sensex was up by 283 points.
Shrikant Chouhan,
Head Equity Research,
Kotak Securities
Mumbai, 18 February 2026: Today, the benchmark indices continued their positive momentum. The Nifty ended 94 points higher, while the Sensex was up by 283 points. Among sectors, Metal index outperformed, rallying over 1 percent, whereas the IT index lost the most, shed over 1.2 percent. Technically, after intraday correction market took support near 25650/83400 and reversed sharply. On daily charts it has formed a bullish candle. We are of the view that, the short-term support has shifted from 25500/83000 to 25600/83300. As long as market is trading above the same the uptrend formation is likely to continue. On the higher side, 25950-26000/84700-85000 would act as a immediate resistance zone for the traders. On the flip side below 25600/83300 the sentiment could change, below the same traders may prefer to exit out from the trading long position.
