Stock market update, Feb. 19 -- The Indian equity markets demonstrated notable resilience on Wednesday, extending their winning streak to a third consecutive session despite early volatility and a persistent drag from the IT sector. The Nifty 50 advanced 93.95 points (0.37%) to settle at 25,819.35, while the Sensex gained 283 points to finish at 83,734.25.

The rally was underpinned by a late-session surge in PSU Banks and Metals, with the Nifty PSU Bank hitting a fresh high on the back of robust Q3 earnings. Tata Steel, ITC, and Axis Bank were among the top large-cap gainers, effectively offsetting a slump in the IT index, which fell amid AI disruption fears weighing on heavyweights like Infosys and Wipro. The overall market breadth rema...