Indian stock benchmarks climb as heavyweight shares bounce back from recent losses

Indian shares rose Friday as Reliance and ICICI Bank recovered. Most sectors gained despite volatility and rising oil prices linked to Middle East tensions.

Insights:
Indian share benchmarks reversed early losses to trade higher by mid-day on February 20, 2026, as heavyweight stocks led a recovery from the previous session's sharp decline. The Nifty 50 rose 0.54 percent and the BSE Sensex gained 0.48 percent, helping the market in India ININ claw back part of the 1.5 percent drop seen in the prior session, which was the steepest single-day decline in over two weeks.
The mid-day rebound was primarily driven by gains in heavyweight stocks Reliance Industries and ICICI Bank Limited . This recovery moderates the recent downward pressure that occurred while the volatility index spiked to 14.36, reaching a level near an eight-month high. Market participation was broad-based during the session, with 15 of 16 major sectors trading higher, including the IT index.
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