Indian markets face uncertainty driven by US tariff concerns and geopolitical factors, leading to cautious sentiment. AI's impact on IT services remains unclear, while digital lending platforms show potential for financial services. The auto sector exhibits mixed but positive momentum, with ferrous metals also showing promise.
Waaree Energies shares saw a rise after securing a significant order. The company will supply 500 MW of solar modules to a domestic solar power developer. This is a one-time contract for the financial year 2026-27. Waaree Energies is also in talks for a new manufacturing facility. The company's recent financial results show strong profit and revenue growth.
Oil prices dipped slightly Tuesday after reaching near seven-month highs, as traders closely watched U.S.-Iran nuclear talks and U.S. trade policy uncertainties. Tensions remain high with renewed diplomatic efforts and concerns over potential military conflict, while Ukrainian drone strikes also impacted a key Russian oil pipeline.
In the Nifty500 pack, 11 stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on February 23, 2026, according to stockedge.com's technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:
Asian shares declined as AI's impact on profits and tariff uncertainty worried investors. Wall Street saw a significant drop, with tech stocks particularly affected by AI disruption fears. This follows a strong start to the year for Asian markets compared to the US.
A broad selloff sent all three major U.S. stock indexes more than 1% lower by the closing bell, as risk appetite was dampened by a combination of persistent fears over potential disruption due to emergent artificial intelligence technology and Trump's erratic statements on trade policy, which fueled much of the market volatility during the first year of the president's second term.
