Nifty, Sensex Struggle, Borader Market Inch Higher – Thursday Market Report
Moneylife Digital Team 26 February 2026
On Thursday, 2170 stocks advanced, 2030 declined, and 167 remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of 1.07, indicating a positive closing. The trend of the major indices on Thursday’s trading is given in the table below. 
 
 
On NSE, 65 securities advanced and closed at a new 52-week high, whereas 190 securities sank to close at their new 52-week lows. Nifty India Defence , Nifty Pharma and Nifty PSU bank were the biggest gainer. Nifty Media and Nifty FMCG were the biggest losers.
 
Quality Power Electrical Equipments Limited (+0.31%) secured multiple domestic purchase orders worth approximately ₹146 crore (including taxes) for the supply of 800 KV coil products and HVDC reactors.
 
Rail Vikas Nigam Limited (RVNL) (+0.22%) has secured three major Letters of Acceptance (LOAs) from National Mineral Development Corporation (NMDC) for the construction of residential towers and associated infrastructure in Bacheli, Chhattisgarh. 
 
Dynacons Systems & Solutions Ltd (+3.54%) secured a significant Private Cloud contract worth ₹108.88 crore from Punjab & Sind Bank for a period of five years, further strengthening its position in enterprise-grade cloud infrastructure solutions for large institutions in India.
 
Cholamandalam Investment and Finance Company Limited (-0.36%) has strongly denied media reports suggesting that Executive Chairman Vellayan Subbiah is set to exit the company as part of a Murugappa family settlement. The clarification comes after a news article published by Moneycontrol on 26 February2026, claimed that Vellayan Subbiah would step down from Cholamandalam Investment and Finance Company.
 
Bandhan Bank (+1.76%) informed exchanges that the Reserve Bank of India (RBI) has granted approval to SBI Mutual Fund to acquire an aggregate holding of up to 9.99% of the paid-up share capital or voting rights in the bank.
 
LTM (-1.21%), formerly known as LTIMindtree announced a collaboration with NVIDIA to support the Central Board of Direct Taxes (CBDT) in modernising India’s national tax analytics platform under the Insight 2.0 initiative. The seven-year mandate is focused on strengthening India’s tax administration framework by leveraging scalable artificial intelligence and advanced analytics capabilities.
 
Alembic Pharmaceuticals Limited (Alembic) (-1.39%) received final approval from the U.S. Food and Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Lamotrigine Orally Disintegrating Tablets USP in strengths of 25 mg, 50 mg, 100 mg, and 200 mg.
 
Capacit’e Infraprojects Limited (-1.76%) received a Letter of Intent (LOI) from TenX Realty Limited, acting on behalf of Raymond Limited, for a total contract value of approximately ₹537.00 crore, excluding GST.
 
Balu Forge Industries (+9.99%) Ltd has entered into a Memorandum of Understanding (MOU) for the supply of empty shells from its greenfield manufacturing campus in Belgaum, Karnataka. The development marks the next phase in the company’s expansion into the defence consumables segment following its onboarding onto the NATO supply chain and the commercialisation of its empty shell production line.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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