Share Market today Analysis by Kotak SecuritiesÂ
by Shrikant Chouhan, Head, Equity Research Kotak Securities
đź•— Last Update: 13 February 2026, 8.00 PM
Analysis for 16 February 2026
Global equity markets were strong over the past week, while the Indian markets underperformed over this period. BSE Sensex and Nifty 50 indices ended the week in the negative territory. However, the midcap and the smallcap indices outperformed the larger peers. BSE 250 smallcap index saw gains of ~1%. Amongst sectors, the trend remained mixed with BSE Healthcare, BSE Auto and BSE Capital Goods indices posting gains. On the other hand, the BSE IT index underperformed with sharp weekly correction as increasing concerns from progress in AI weighed on IT services companies.
India witnessed a strong Q3FY26 earnings season, with aggregate earnings largely ahead of expectations. After a sharp sell-off in January 2026 and CY26, FPI flows has turned positive this month and for February 2026 (till date). With Q3FY26 results season coming towards the end, the market direction will be determined by global new flow and domestic macros.
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