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Indian Markets Face Weakness Amid IT Selloff
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5.1

Indian equity markets opened the week weak on February 16, 2026, with Gift Nifty at 25,500 versus Friday's 25,471 amid heavy IT selling. The Nifty IT index has fallen nearly 15% over the past month, mutual funds sold over ₹4,000 crore in February and FIIs turned cautious, while Motilal reported Q3 marked four consecutive quarters of double-digit earnings growth.
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