📈 Market Outlook – 26 February 2026

🌎 Global Market Snapshot Global equities showed strength led by technology stocks: US Markets rallied over 1%, driven by strong AI and semiconductor earnings optimism. Asian Markets gained 1–2%, following positive tech momentum. European Indices touched record highs supported by strong banking results and easing inflation. However, US futures are slightly cautious despite strong earnings guidance from major tech players. Commodity Update: 🟡 Gold near $5200/oz 🛢 Crude Oil around $71/bbl 🔶 Copper at 1-month high (LME) 🇮🇳 Domestic Market Overview Nifty closed marginally higher after slipping from intraday highs due to profit booking. Broader markets (Midcaps & Smallcaps) outperformed. FIIs & DIIs both remained net buyers, improving sentiment. Today is Sensex Monthly Expiry, so volatility is expected. 📊 Key Levels – Nifty Resistance: 25500 → 25650 → 25750 Support: 25350 → 25250 Broader Range: 25000 – 25900 Immediate Range: 25300 – 25700 📊 Key Levels – Bank Nifty Resistance: 61250 → 61500 Support: 60750 → 60500 Range: 60500 – 61500 📊 Key Levels – Sensex Resistance: 82600 → 82900 Support: 82000 → 81700 Expected Expiry Range: 81700 – 82900 Bias: Volatile with slight bearish undertone (sell on bounce view for expiry). 🔍 Sector-Wise Focus 🏗 Metal Sector Outlook: Positive Base metal prices rising sharply. Copper at 1-month high. Attractive valuations across metal companies. Earnings momentum supportive. 🏦 PSU & Banking Sector Outlook: Positive Bias Rating upgrades improving sentiment. Strong institutional inflows. Private & PSU banks both seeing accumulation. 🚗 Auto Sector Outlook: Positive Anticipation of strong February sales data. Recent 2% sectoral gain indicates momentum build-up. 💊 Pharma Sector Outlook: Positive New product launches in diabetes & obesity treatment. Regulatory approvals supportive. Strong export pipeline sentiment. ⚡ Defence & Capital Goods Outlook: Positive Momentum Expectations of international defence collaboration. Strong order inflows in infrastructure & engineering. ☀ Solar & Renewable Energy Outlook: Volatile / Weakness Expected High import duties imposed on Indian solar exports to US. Companies shifting focus to domestic market. Expect near-term volatility. 📉 Derivatives & Expiry Strategy PCR: ~0.88 (Neutral to Slightly Bearish) Call writing at higher strikes indicates resistance zones. Put writing near supports shows strong base formation. Expiry View (Sensex) Resistance: 82600 / 82900 Support: 82000 / 81700 Strategy bias: Sell on rise unless strong breakout above resistance. 📌 Overall Market View ✔ Global support positive ✔ FIIs buying supportive ✔ Sectoral rotation active ✔ Broader markets stronger than frontline index ⚠ Expiry day volatility high ⚠ Upside capped unless strong breakout above key resistance ⚠ Disclaimer This blog is for educational and informational purposes only. We are not SEBI registered investment advisors. The views expressed are based on market data and technical analysis and should not be considered as investment advice. Trading and investing in the stock market involves substantial risk. Please consult your financial advisor before making any investment decisions.