Large-Cap Stocks Reach 52-Week Highs, Lows: SBI Life, Bank of Baroda, SBI Outshine Wipro, Info Edge

Market Update - 23 February 2026

Key Highlights

• Several large-cap stocks in the Nifty 100 touched fresh 52-week highs, indicating selective strength in financials and capital goods.
• IT stocks fell, with Wipro and Info Edge hitting 52-week lows amid sustained selling pressure.
• Benchmark indices Sensex and Nifty were trading modestly higher but pared early gains due to fresh uncertainty from US tariffs.

Gainers

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• SBI Life Insurance stock touched a fresh 52-week high of Rs 2,132 and was trading at Rs 2,110, extending its recent uptrend.
• Bank of Baroda hit a new 52-week high of Rs 315.25 and was last trading at Rs 313.20.
• State Bank of India climbed to a fresh 52-week high of Rs 1,231.10 and was trading slightly lower at Rs 1,227.50.
• Larsen & Toubro touched a 52-week high of Rs 4,420 and was trading at Rs 4,414.
• NTPC scaled a fresh 52-week high of Rs 376.50 and was trading at Rs 375.35.

Losers

• Wipro slipped to a fresh 52-week low of Rs 211.74 and was trading lower at Rs 205.87 due to concerns over artificial intelligence-led disruption.
• Info Edge (India) touched a new 52-week low of Rs 1,084.90 and was trading at Rs 1,067.20.

Sectoral Performance

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• IT remained under pressure, with the BSE IT index down 1.43%.
• Services, FMCG, healthcare, power, and PSU indices showed broader strength.
• India VIX eased 1.39% to 14.16, indicating relatively subdued volatility.