Weekly Update- 27 Feburary 2026

NIFTY50

Nifty closed the week at 25,179, declining 393 points (-1.54%). The week began on a positive note following the US Supreme Court’s dismissal of Trump tariff-related concerns, which supported early momentum. However, the index faced selling pressure from higher levels thereafter, and the weakness persisted through the week. Selling intensified on Friday, especially in the last half hour, leading to a sharp decline and a weak weekly close. Over the weekend, news related to US–Iran tensions has raised concerns over rising crude oil prices, which may influence market sentiment going forward. For the coming week, key resistance is placed around 25,475, while support lies near 24,800.

BANKNIFTY

Bank Nifty closed the week at 60,529, falling 643 points (-1.05%). The week started on a positive note after the US Supreme Court dismissed Trump tariff-related concerns, which initially supported sentiment. However, the index faced selling pressure from higher levels as the week progressed, and the decline continued gradually. Selling intensified on Friday, especially during the last half hour, resulting in a weak close for the week. Over the weekend, developments surrounding US–Iran tensions and the possible impact of rising crude oil prices could influence market direction in the coming sessions. For the next week, key resistance is seen around 60,900, while support is placed near 59,900.

TOP GAINING SECTOR

NIFTY PHARMA was top gainer sector for the week

Major gainers were:-

LAURUSLABS:- up by 5.57%

IPCALAB:- up by 5.46%

AUROPHARMA:- up by 5.32%

GLENMARK:- up by 4.58%

TOP LOSING SECTOR

NIFTY REALTY was top losing sector for the week

Major losers were:-

LODHA:- down by 7.74%

PRESTIGE:- down by 6.32%

GODREJPROP:- down by 5.19%

DLF:- down by 4.04%

IMPORTANT NEWS

• Indian markets ended sharply lower on Friday. Investors now face a packed calendar of global and domestic triggers. The Iran-Israel conflict could escalate, impacting markets. US markets also closed lower. Crude oil prices surged, potentially affecting inflation. FIIs sold equities, while DIIs bought. The IT sector remains under pressure. Oil marketing companies and paint/tyre firms may face headwinds.

• Nifty experienced a sharp decline on Friday, with broad-based selling impacting auto, financials, and FMCG stocks. The index has fallen below key short-term moving averages and the 200-day DMA, signaling continued weakness. Technical analysts suggest immediate support at 25,000 and resistance at 25,370.

• Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities, marking the highest monthly inflow in 17 months, driven by the interim India-US trade deal, correction in domestic market valuations and robust third-quarter corporate earnings.

• Global energy markets face one of their gravest shocks in decades as joint U.S. and Israeli strikes on Iran and Tehran’s retaliatory missile attacks across the Gulf disrupt oil exports from the world’s most important producing region.

• Shares of real estate companies, particularly those with significant exposure to Bengaluru, have fallen sharply by as much as 22% in the first two months of the year. The decline comes amid concerns that AI-driven disruption in the IT sector and potential job cuts could dampen housing demand in key property markets. The steep correction has dragged the Nifty Realty index down nearly 12% so far this year