In the week ended on Friday, 27 February 2026, the S&P BSE Sensex tanked 1,527.52 points or 1.84% to settle at 81,287.19. The Nifty 50 index fell 392.6 points or 1.53% to settle at 25,178.65. The BSE 150 Mid-Cap index fell 1.09% to close at 16,007.94. The BSE 250 Small-Cap index declined 0.86% to close at 6,290.95.

Weekly Index Movement:

The key equity indices ended with moderate gains on Monday, extending a two-day rally after the US Supreme Court struck down President Donald Trump's sweeping tariffs. Investors will monitor crude oil prices and movements in gold prices. The S&P BSE Sensex advanced 479.95 points or 0.58% to 83,294.66. The Nifty 50 index gained 141.75 points or 0.55% to 25,713.

The key equity benchmarks suffered a major setback on Tuesday, as a brutal sell-off in the information technology sector dragged the market into the deep red. The expiry of monthly F&O contracts on the NSE intensified volatility. The S&P BSE Sensex tumbled 1,068.74 points or 1.28% to 82,225.92. The Nifty 50 index fell 288.35 points or 1.12% to 25,424.65.

The key domestic indices equity benchmarks managed to claw back some ground on Wednesday, ending marginally in the green after a highly volatile session. The Sensex finished with a slight gain of 50.15 points or 0.06% to settle at 82,276.07, while the Nifty 50 advanced 57.70 points or (0.23%) to close at 25,482.35.

The key equity Benchmark benchmarks ended in sideways trend on Thursday, as market participants monitored Prime Minster Narendra Modi’s visit to Israel. The visit comes amid heightened geopolitical tensions in the region, U.S. warnings, and evolving global diplomatic dynamics, adding a layer of caution to market sentiment. The S&P BSE Sensex declined 558.72 points or 0.66% to 83,674.92. The Nifty 50 index fell 146.65 points or 0.57% to 25,807.20.

Domestic equity indices ended sharply lower on Friday, as investors turned cautious amid sustained selling by foreign institutional investors (FIIs) and weak global cues. The S&P BSE Sensex tanked 961.42 points or 1.17% to 81,287.19. The Nifty 50 index dropped 317.90 points or 1.25% to 25,178.65.

Two Banks Flag Fraud Cases

IDFC First Bank slumped 12.06%. The bank said that it has uncovered fraudulent transactions worth around Rs 590 crore at one of its branches in Chandigarh, allegedly involving a few employees.

In a regulatory filing made on Sunday, the private sector bank said that based on a preliminary internal assessment (upon receipt of communication from a particular Department of Government of Haryana), the bank has identified an incident involving unauthorized and fraudulent activities by certain employees at a particular branch in Chandigarh and potentially involving other counterparties.

Detailing the events that led to the aforementioned discover, the bank stated that it had received a request from a particular Department of Haryana Government for closure of its account and transfer of funds to another bank. In the process, certain discrepancies were observed in the amount mentioned vis-à-vis the balance in the account.

Meanwhile, AU Small Finance Bank slumped 6.83%. The Haryana government decisively removed the bank from its list of empanelled lenders due to serious allegations of fraudulent activities. In a statement, the bank said that on 18 February 2026, it received a separate communication from the department seeking information regarding suspected unauthorised transactions between a government account and another customer account.

As of 21 February 2026, deposits from the Government of Haryana with AU Small Finance Bank stood at Rs 538 crore across nearly 200 accounts, accounting for about 0.4% of the bank's overall deposits as of 31 December 2026.

Economy:

India’s economy expanded 7.8% in the December quarter, beating expectations and reflecting the impact of a revamped GDP calculation framework aimed at improving accuracy. Growth for the previous quarter has been revised up to 8.4% from 8.2% under the new series, while the full-year FY26 estimate has been raised to 7.6% from 7.4%.

In January, the Ministry of Statistics & Programme Implementation introduced changes to the GDP, inflation and industrial production series, including shifting the GDP base year to FY23 from 2012, to enhance data quality and policy relevance.

Pakistan and Afghanistan conflict:

Pakistan has launched Operation Ghazab lil-Haq against the Afghan Taliban, citing what it described as “unprovoked aggression” along the border, as clashes between the two neighbours intensified.

In a declared “open war,” Pakistan launched overnight airstrikes in Afghanistan, heavily bombing multiple key cities, including Kabul and Kandahar, and claiming that 133 people were killed in what Islamabad called a “strong and effective” retaliation for “unprovoked firing” from across the border.

PM Modi Visit to Israel:

Prime Minister Narendra Modi’s visit to Israel comes against the backdrop of ongoing India–Israel free trade agreement talks aimed at enhancing trade and investment between the two countries

Israeli President Isaac Herzog described India as “an essential part of a great future for the Middle East”, while emphasising the growing importance of India-Israel cooperation during his bilateral meeting with Prime Minister Narendra Modi as part of the latter’s two-day state visit to the country.

Stocks in Spotlight:

JSW Infrastructure rose 0.74%. The company’s board approved the issuance of 25 crore equity shares with face value of Rs 2 each, to fund its multi-year expansion program. The fundraising may be undertaken through one or more of following modes such as qualified institutional placement (QIP), further public offer (FPO), rights issue or through any other permissible mode. The issuance of shares will also enable compliance with SEBI’s Minimum Public Shareholding (MPS) requirement.

As previously guided, the company remains on a strong growth trajectory, with operating EBITDA expected to double by FY28 from FY26 levels to reach around Rs 5,000 crore. This outlook is underpinned by clear execution visibility across the under-construction Projects in the Ports segment and the transition of rolling assets from capex to EBITDA contribution within the Logistics segment.

R&B Denims slumped 11.46%. The company secured sales orders aggregating to around Rs 215.88 crore for the supply of around 12,000,000 meters of denim fabric products from established merchant exporters.

Shilpa Medicare added 3.19%. The company said that its subsidiary Shilpa Biologicals and SteinCares have entered into a strategic licensing agreement to commercialize a biosimilar across Latin America. Under the agreement, SteinCares will hold exclusive rights to register, commercialize, and distribute the biosimilar across the region while Shilpa Biologicals will complete product development and provide long-term commercial manufacturing from its facility in Dharwad, India.

Schaeffler India rallied 12.10%. The company’s standalone net profit jumped 31.5% to Rs 327.96 crore on 26.9% rise in revenue from operations to Rs 2,643.06 crore in Q4 CY2025 over Q4 CY2024.

Dynacons Systems & Solutions fell 1.78%. The company has secured a contract worth Rs 108.88 crore from Punjab & Sind Bank for the supply, implementation and management of on-premises private cloud infrastructure.

Sundaram Clayton surged 4.99%. The company’s board approved the appointment of R Venkatesh as chief executive officer (CEO) with effect from 1 April 2026. b The development comes after board approved the resignation of Vivek S Joshi as CEO with effect from 31st march 2026, due to personal reasons.

Aurobindo Pharma added 5.25%. The company announced that its wholly owned subsidiary, Eugia Pharma Specialities, has received final approval from the US Food & Drug Administration (USFDA) to manufacture and market Everolimus tablets.

Kirloskar Brothers (KBL) declined 0.77%. The company said that it has secured orders worth Rs 214 crore from Adani Power and its subsidiaries for supply and installation of pump systems for thermal power projects. The scope of work includes supply and erection, testing and commissioning of circulating water pumps (concrete volute pump technology) and auxiliary cooling water pumps, along with associated electrical and control systems. The projects are located in Madhya Pradesh, Assam, Chhattisgarh and Bihar.

Samhi Hotels declined 1.60%. The company through its wholly-owned subsidiary, Duet India Hotels (Navi Mumbai), has signed operating agreements with Marriott Hotels India for two upcoming hotel projects in Navi Mumbai and Thane.

Global Markets:

China’s central bank kept its benchmark lending rates unchanged, maintaining the one-year Loan Prime Rate (LPR) at 3% and the five-year LPR at 3.5%.

In the U.S., the economy expanded at an annualized rate of 1.4% in Q4 2025, the slowest pace since Q1 2025. This follows a 4.4% growth recorded in Q3 and came in well below market forecasts of 3%, according to the advance estimate.