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Below the Quote on Post-market comment for Thursday Feb 19 by Hitesh Tailor, Research Analyst, Choice Broking

Indian equity markets closed sharply lower on February 19, 2026, with benchmark indices ending decisively in negative territory. The Sensex declined by 1,236.11 points (1.48%) to settle at 82,498.14, while the Nifty 50 fell 365 points (1.41%) to 25,454.35. The Bank Nifty also witnessed heavy selling pressure, dropping 811.25 points (1.32%) to close at 60,739.55.

The Nifty 50 began the session on a flat note but remained highly volatile throughout the day. After touching an intraday high of 25,885, a sharp sell-off pulled the index down nearly 490 points to a low of 25,388, before it finally settled at 25,454.35. The daily chart formed a strong bearish candle, erasing gains from the previous three sessions. Technically, resistance is placed at 25,600–25,650, while support lies at 25,300–25,350. The RSI at 45.60 reflects weakening momentum and confirms a short-term bearish bias for the near-term market outlook.

Bank Nifty also opened flat but quickly came under aggressive selling pressure, sliding nearly 1,070 points to an intraday low of 60,592. The daily chart shows a bearish engulfing pattern, indicating a clear shift in control toward bears. On the technical front, resistance is seen at 61,000–61,100, with a crucial support zone at 60,400–60,500. Although the RSI stands at 55.53, indicating a neutral-to-positive zone, momentum is visibly fading.

Market volatility increased as India VIX surged 10.12% to 13.46, highlighting rising uncertainty and nervous sentiment among market participants. In the derivatives segment, notable put writing at the 25,400 strike and heavy call writing at the 25,600 strike have created a defined short-term consolidation range. Traders are advised to remain cautious near key support levels and wait for a decisive breakout above resistance before initiating fresh directional positions.

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