- 🇮🇳 Indian Market: Domestic markets traded in a narrow range as they tried to recover recent losses caused by worries about AI disruptions 🤖📉.
- At the same time, PSU banks outperformed the broader market after strong Q3 results and supportive regulations 🏦.
- Looking ahead, a strong GDP outlook and a stable rupee could improve sentiment and bring back FII inflows for markets.
- 📊 Market Breadth: On the NSE, 1820 stocks ended in the green, while 1092 stocks closed in the red.
- 🌍 Global Market: Since US markets were closed on Monday for Presidents' Day 🇺🇸, global cues stayed muted today and Asian markets also traded subdued with low volumes as investors waited for fresh economic data.
- Meanwhile, Thin holiday trading and a stronger dollar pushed gold and silver lower 💰, while crude oil rose as geopolitical tensions increased after Iran’s naval drills near a key shipping route.
Market Update 📰:17-02-2026
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