Sensex 16 February 2026 - 14 May 2026

Indian stocks lost early steam on Wednesday. The Sensex, after leaping more than 600 points out of the gate, slipped into the red by early afternoon, down 177.82 points, or 0.23%, at 76,846.72 as of 1:00 p.m. The Nifty 50, meanwhile, drifted near the 24,000 mark—off 9.45 points at 24,014.45 at that same hour. Later, NSE data showed the Nifty rebounding a bit, up 45 points to 24,077.80, as of 1:23 p.m.

Stocks in Mumbai started the week after a rough February, with the BSE Sensex and Nifty 50 both losing ground. IT names suffered their steepest monthly drop since 2008 on worries that artificial intelligence might put a dent in earnings. By the close on Friday, the Sensex had shed 1.17% to finish at 81,287.19, while the Nifty slipped 1.25% to 25,178.65. For the month, the Sensex retreated 1.2% and the Nifty declined 0.6%. The Nifty IT index plunged 19.5%, even as public-sector lenders and consumer durables saw notable gains over the same period. “There is now a cloud of uncertainty hanging over the profitability and margin outlook for Indian IT companies because of AI,” Saurabh Jain, assistant vice president of retail equities at SMC Global, said.