Mumbai, India — February 15, 2026
Markets may turn volatile next week (February 16–20 ) IT and metal stocks are showing early signs of sharp swings after last week’s declines, with analysts pointing to global cues, AI concerns, and technical indicators as key drivers.
Major IT companies such as Infosys, TCS, Wipro, and HCLTech fell up to 6%, while metal stocks dropped amid profit booking. Experts say valuations in the IT sector are approaching attractive levels, but caution that volatility could continue.
All eyes are now on critical Nifty support and resistance levels that may determine the market’s short-term direction.
IT Sector Under Pressure Amid Global Tech Concerns
The Nifty IT index is currently facing pressure due to what analysts describe as an “Anthropic Shock,” referring to rising global concerns about artificial intelligence potentially replacing certain job functions. These fears, combined with reduced expectations of interest-rate cuts by the Federal Reserve, have weighed on technology stocks.
Major companies including Infosys, Tata Consultancy Services, Wipro, and HCLTech declined between 5% and 6% over the past week.
Despite the recent drop, analysts note that the sector’s valuation has entered what is considered a “deep value” zone, with price-to-earnings ratios near 23.6. This could attract buying interest at lower levels, although volatility is expected to persist in the near term.
Metal Sector Slides on Profit Booking and Commodity Swings
The Nifty Metal index fell more than 3.3% last week, largely due to profit booking and fluctuating global commodity prices. Market experts also attribute the movement to post-budget market adjustments.
Among individual stocks, Tata Steel showed relative strength with a weekly gain of 3.12%, while Hindalco and Vedanta recorded declines.
Technical indicators currently signal a “strong sell” trend for the metal index, with key pivot levels seen near 11,900–11,935.
Key Technical Levels for the Broader Market
The direction of the broader Nifty 50 benchmark will depend on the following levels:
Support:
25,400 — A break below this level could push the index toward 25,200–25,100.
Resistance:
25,900 and 26,150 — These levels may act as major upside barriers.
Market Outlook
Analysts expect the coming week to be data-driven, with global economic signals, interest-rate expectations, and sector-specific developments influencing trading patterns. Both IT and metal sectors are likely to remain sensitive to international market movements and investor risk sentiment.
Investment Disclaimer
Stock market investments are subject to risk. Investors should consult certified financial advisors before making investment decisions.
