OICHARTS
8 AMThe 8 AM report →
BankingAutomobilesHigh impactPre-market

Markets decline 1.5% amid heavy blue-chip selling

pre-market1 source ↓written by the desknot a recommendation

1.5
82,498.14
1.41
25,454.35

Benchmark indices faced significant selling pressure, with the Sensex tumbling 1,236 points (1.5%) to 82,498.14 and the Nifty slumping 365 points (1.41%) to 25,454.35. This sell-off was driven by escalating geopolitical tensions between the US and Iran, halting a three-day gaining streak. Major laggards included IndiGo, Reliance Industries, and Kotak Mahindra Bank.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 21 Feb 2026, 07:14 IST.

Sourcesnews.google.com

The market after the news

INDIGO closed +0.2% on the day of the news, from ₹4,854.60 to ₹4,862.20; Nifty +0.6% over the same session; futures OI −0.5%.

Bulletin at 07:14 IST on 21 Feb 2026. Every change is measured from ₹4,854.60, the last close before it, on 20 Feb. Nifty 50 is measured over the same sessions.

  • INDIGO close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
INDIGO closes around the bulletin against the close before the news, with Nifty 50 rebased to it423747785319axis spans 26%before the news · 20 Feb4855Nifty 50INDIGObulletinD0+1+3+516 Feb26 Feb10 MarFutures open interest, lotspeak 65,000Reference close ₹4,854.60. 16 sessions from 16 Feb to 10 Mar; the price axis spans 26 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before20 Feb₹4,854.60basebase
On the day23 Feb₹4,862.20▲ +0.2%▲ +0.6%−0.4 pp difference
+1 session24 Feb₹4,850.30▼ −0.1%▼ −0.6%+0.5 pp difference
+3 sessions26 Feb₹4,933.50▲ +1.6%▼ −0.3%+1.9 pp difference
+5 sessions2 Mar₹4,520.40▼ −6.9%▼ −2.8%−4.1 pp difference
Gap at the open, % · ₹
▼ −0.1%−4.37 on 23 Feb
Day's range, % · ₹
1.0%≈ 50 high to low
Volume on the day
0.33×the 20-session average
Futures OI on the day
▼ −0.5%−300 lots · short covering · price +0.2%
Futures OI open, lots
58,00023 Feb · 24 Feb expiry
Futures premium, ₹
−7.90−0.2% to spot
Puts per call, by OI
0.73from 0.82 the session before
Max pain
4,800from 4,800 the session before

Source NSE UDiFF bhavcopy · INDIGO on the desk →

Thread · INDIGOAll INDIGO bulletins →

Related