Markets Edge Higher on Global Cues; IT Stocks Lend Support, Analysts Flag Range-Bound Trade

Indian equity benchmarks opened on a firm note on 26 February 2026, tracking gains across Asian peers and positive signals from global technology counters. Early trade saw the Sensex and the Nifty post modest advances, with investors taking cues from overseas markets after a steady close on Wall Street.

Information technology stocks featured among the key gainers in the opening session. Heavyweights such as TCS and Infosys lent support to the indices, reflecting renewed interest in export-oriented counters amid improving global sentiment. Select large-cap names in other sectors also saw buying interest, though gains remained measured.

Despite the positive start, market participants indicated that the broader trend could remain contained within a narrow band. Analysts pointed to a cautious undertone, citing mixed global signals and domestic macro considerations that could influence sentiment through the session.

Brokerage notes released ahead of trade suggested that volatility may persist as investors balance external developments with local triggers. With valuations in several segments still elevated, traders are expected to remain selective, focusing on stock-specific opportunities rather than broad-based accumulation.

Overall, while global cues provided an early lift, the consensus view on Dalal Street remained one of guarded optimism, with expectations of range-bound movement unless supported by fresh domestic or international catalysts.