Indian Benchmarks Rise as Value Buying in HDFC Bank and Reliance Ends Two Day Slump

Indian benchmarks snapped a two-day losing streak on Monday as value buying in HDFC Bank and Reliance boosted the market. Most sectors logged gains today.

Insights:
India ININ equity benchmarks, the Nifty 50 and BSE Sensex, rose on Feb. 16, 2026, after value buying in specific large-cap stocks reversed a two-session decline. The recovery was led by index heavyweights HDFC Bank Limited and Reliance Industries Limited , whose price movements materially affected benchmark performance. This upward move provided a reprieve for the national market following recent volatility.
A man looks at a screen outside the Bombay Stock Exchange (BSE) building in Mumbai, India, February 2, 2026. REUTERS/Francis Mascarenhas
A man looks at a screen outside the Bombay Stock Exchange (BSE) building in Mumbai, India, February 2, 2026. REUTERS/Francis Mascarenhas
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