Quote on Market 17th February 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
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Below the Quote on Market 17th February 2026 from Vinod Nair, Head of Research, Geojit Investments Limited
"Domestic markets traded in a range-bound manner, attempting to recover recent losses triggered by lingering concerns over AI-led disruptions. The IT sector, following a sharp correction, witnessed selective bottom-fishing, aided by announcements of strategic collaborations with global AI partners. Meanwhile, PSU banks outperformed the broader indices, supported by positive Q3 results and favourable regulatory tailwinds. In the near term, sentiment is likely to remain cautious as investors monitor global developments around AI-driven shifts. However, a resilient GDP outlook, and a stabilising rupee may provide support to renewed FII inflows."
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Quote on Bank Nifty 17th February 2026 by Rupak De, Senior Technical Analyst at LKP Securities
