News Image
CNBCTV18

Tejas Networks jumps 17% on large 5G MIMO order; Sensex down 27 points, Nifty at 25,497

Published on 26/02/2026 03:53 PM

Tejas Networks jumps 17% on large 5G MIMO order; Sensex down 27 points, Nifty at 25,497The Midcap Index gained 392 points to close at 59,798. Nifty Bank advanced 144 points to settle at 61,188. Market breadth remained neutral, with the NSE advance-decline ratio at 1:1.By Jomy Jos Pullokaran  February 26, 2026, 3:53:22 PM IST (Updated)2 Min ReadThe equity benchmark indices BSE Sensex and NSE Nifty on Thursday (February 26) closed largely in the green after a volatile trading session, with broader indices outperforming frontline benchmarks. The Sensex fell 27 points to 82,249, while the Nifty rose 14 points to 25,497, ending near the 24,500 mark during the session.

The Midcap Index gained 392 points to close at 59,798. Nifty Bank advanced 144 points to settle at 61,188. Market breadth remained neutral, with the NSE advance-decline ratio at 1:1.

From the Sensex basket, Eicher Motors Ltd, Bharat Electronics Ltd, Max Healthcare Institute Ltd, Shriram Finance Ltd, Adani Ports & Special Economic Zone Ltd, Maruti Suzuki India Ltd and Sun Pharmaceutical Industries Ltd were the major gainers.

Also Read: Explained — The key factor behind today's fall in Cholamandalam and rise in CG Power & Tube Investment

Power Grid Corporation of India Ltd, Tata Consumer Products Ltd, Coal India Ltd, Bajaj Finance Ltd, Asian Paints Ltd and UltraTech Cement Ltd were the major gainers.

Among key contributors to the Nifty’s gains were ICICI Bank, Reliance, SBI and Eicher Motors. Tata Motors PV emerged as the top Nifty gainer, rising 3% on its strongest registration growth so far.

Defence stocks closed higher on the back of a potential India-Israel defence deal, with Data Patterns rising 6%. Tejas Networks jumped 17% after bagging a large 5G MIMO radio order. Shaily Engineering Plastics gained 3% after the company secured a ₹423 crore pen injector contract. Mankindextended gains for the fourth straight session, rising nearly 12%.

Also Read: Buzzing Stocks: Shares of these two companies gain up to 15% on strong Q3 results

On the downside, Eternal fell for a straight session and emerged as the top Nifty loser for the day. Sanofi India declined 3% after its Q4 results showed revenue growth falling for the third consecutive quarter. Cholamandalam Investment saw volatility after reports around Vellayan Subbiah’s exit were denied, with the stock rebounding 7% from its lows.Continue Reading(Edited by : Jomy Jos Pullokaran)First Published: Feb 26, 2026 3:41 PM ISTTagsBSE Sensexbse sensex todayMarket Closemarket closingNSE Nifty 50NSE Nifty 50 Today