Mixed Market Trends Mark February 23: Corporate Earnings, Retail Moves, and Sector Highlights

Indian stock markets on February 23, 2026, showed mixed movements across sectors. Internet stocks faced declines despite some companies reporting strong Q3 earnings, while retail investors increased holdings in falling stocks and reduced exposure to rising ones. Key corporate developments included Ola Electric's store reduction amid losses, CIE Automotive's profit rise, and Pine Labs securing multi-year contracts with major oil firms. Other notable movements involved Vedanta's planned fundraising, Sterlite Technologies' sharp stock rally, and significant volume surges in IDFC First Bank amid price drops. Analysts highlighted growth prospects in autos, capital goods, and IT sectors, while regulatory and operational challenges affected companies like Cipla and Sudarshan Pharma.