Markets

PNGS Reva Diamond Jewellery, Clean Max Enviro Energy Solutions IPO GMPs rise up to 5% ahead of launch next week

The Rs 380-crore IPO of PNGS Reva Diamond Jewellery will open for public subscription on February 24.

AI is a root-and-branch reset for businesses, says Infosys' Nandan Nilekani

Earlier shifts allowed enterprises to add a front-end or move applications from on-premise systems to the cloud without changing core processes but AI has upended the pace, Nilekani has said

IT index rises nearly 3% on Nandan Nilekani, Anthropic CEO's remarks; Infosys leads gains: Here's what they said

Infosys share price: These comments come after the IT stocks saw a significant decline earlier this month amid disruption concerns following Anthropic's launch of a legal AI tool for its Claude AI chatbot.

Adani to invest $100 bn in AI data centres by 2035; Adani Enterprises shares rise 2.5%

At Adani, we are building on our foundation in data centres and green energy to expand into the complete five-layer AI stack focused on India's technological sovereignty, says Gautam Adani

PhonePe’s high ESOP expenses a drag on EBITDA margins, Macquarie report

Walmart-owned payment firm's ESOP payments, which have exceeded Rs 2,000 crore for three consecutive years, are expected to continue the trend this fiscal as well

Blackstone-backed ASK Asset & Wealth Management Group gets SEBI's nod to launch mutual fund business

The company said that ASK Mutual Fund will offer world-class investment solutions across active equity, passive strategies, hybrid and fixed-income products.

Ola Electric shares plunge 5% to fresh all-time low: Citi slashes target price by 51%, downgrades to 'Sell'

Ola Electric share price: The stock is currently down more than 64% from its IPO price of Rs 76 apiece, and around 83% lower than its all-time high of Rs 157.40 apiece which it had hit in August 2024 after debut.

Sensex drops 300 pts from day's high, Nifty below 25,700: 3 key reasons behind market fall

Sensex, Nifty declined as sustained selling by FIIs weighed on domestic equities.

Hindustan Copper, NALCO, other stocks fall up to 4% as metals decline; index down 2%

Metal stocks: Hindustan Copper shares were the top loser on the index, falling more than 4% to trade at Rs 551.25 apiece. This came as copper futures with February expiry fell around 2% on MCX.

Is the dollar under pressure from trade fragmentation, renminbi’s gradual rise?

However, exchange-rate weakness alone does not determine reserve status; institutional depth, capital mobility and geopolitical alignment matter more

Cochin Shipyard shares rise up to 7% as firm named lowest bidder for Rs 5,000-crore order; defence index up over 1%

The average RSI of the Nifty Defense Index constituents remains below 50, whereas the RSI levels of HAL, BEL, and Bharat Forge are around 60, indicating relative strength and momentum in these counters, said an analyst

Hindustan Zinc shares fall 2% as silver prices drop, precious metal ETFs down up to 3%

Hindustan Zinc share price: The fall in gold and silver prices may have been driven by easing geopolitical tensions, which in turn may have dampened the sentiment for safe-haven assets like the precious metals.

Sensex settles 200 pts higher, Nifty ends above 25,750: Buying in IT shares among key factors behind market rise

Sensex, Nifty pared early-session losses to trade higher, supported by gains in IT shares.

Infosys shares rise 4% on partnership with Anthropic, lead Nifty IT 3% higher

IT stocks: Nomura said that the valuations of these stocks are in the ‘value’ zone, after the strong correction. It sees these AI-led disruption fears as oversimplifying IT services role.

Bonds open steady, traders await fresh cues

The 10-year benchmark bond yield was at 6.6693%

Rupee opens 7 paisa lower at 90.72 against the dollar

The currency fell marginally on February 17 as a lack of clear direction in the market kept traders cautious

For whom the bells toll In the market

Leveraged traders find themselves on a sticky wicket as regulatory moves and strong hands trimming leveraged positions leave them more exposed 

ABB India preview: Revenue growth expected to stay modest; margins may contract on cost pressures

Analysts will closely track order inflow momentum, particularly large-ticket project wins and conversion of the enquiry pipeline into firm orders. Commentary on segmental performance, especially the pace of recovery in Process Automation and the sustainability of growth in Robotics and Motion, will be important.

Live: Can bulls continue to dominate as most global markets remain shut for holiday? | Opening Bell

Global cues remain mixed as investors track inflation signals, geopolitics and central bank commentary. U.S. markets were shut on Monday for Presidents Day, while several Asian markets including Korea, Singapore, China and Hong Kong remained closed for the Lunar New Year. Focus now shifts to U.S.–Iran nuclear negotiations in Geneva, the Fed minutes due on Wednesday and the crucial Core PCE inflation reading on Friday. Treasury yields have slipped after a slightly softer CPI print, gold has surged over 2% on renewed rate-cut hopes, while oil remains steady as traders assess OPEC+ supply dynamics and the impact of U.S.–Iran talks. The dollar is flat, with the yen eyeing a strong weekly gain. Back home, Indian markets staged a recovery with the Nifty reclaiming 25,650, even as GIFT Nifty signals a cautious start. European markets closed higher after key takeaways from the Munich Security Conference, while Asian markets opened on a guarded note. Join us on Moneycontrol as our expert panel decodes the road ahead: Aishvarya Dadheech, Founder & CIO, Fident Asset Management Shrikant Chouhan, Head Equity Research, Kotak Securities Ashutosh Sharma, Head of Forrester Research India Gautam Duggad, Head of Research, Institutional Equities, Motilal Oswal Financial Services Gulam Zia, International Partner & Senior Executive Director – Research, Advisory, Infrastructure & Valuation, Knight Frank India Stay tuned for sharp market insights, sectoral strategies, global macro trends and what it all means for investors today.

Clean Max IPO set to deliver multifold gains to promoters, early investors

Clean Max specialises in delivering net-zero and decarbonisation solutions. As of July 2025, it had 2.54 GW of operational, owned and managed capacity and 2.53 GW of contracted capacity yet to be executed.

First Tick: Top global cues to watch in today’s trade

FIIs) remained net sellers for the second consecutive session on February 16, offloading equities worth ₹972 crore. In contrast, DIIs continued to lend support to the market, extending their buying streak to a third straight day by purchasing equities worth ₹1,667 crore.

Gold holds near $5,000 as Lunar new Year holiday mutes trade

The metal had rallied briefly on Friday when modest US inflation data boosted the case for the Federal Reserve to trim interest rates.

Gaudium IVF & Women’s Health sets Rs 75-79/share band for Rs 165 crore IPO

Gaudium IVF & Women Health IPO | The public issue is a combination of fresh issue of 1.13 crore shares worth Rs 90 crore, and an offer-for-sale of 94.93 lakh shares amounting to Rs 75 crore.

Closing Bell: Second-day rally lifts Nifty above 25,700; Sensex gains 150 points

On the sectoral front, PSU Bank index up 2 percent, IT index up 1 percent, media index rises 0.6 percent, auto index up 0.5 percent, while metal down 1 percent and realty index down 0.3 percent. Adani Enterprises, ITC, Bharat Electronics, Infosys, L&T were among major gainers on the Nifty, while losers are Eternal, Trent, Hindalco Industries, Reliance Industries and Tata Steel. Nifty Midcap index rose 0.3% and smallcap index added 0.5%.

Brookfield-backed Clean Max Enviro Energy IPO to open February 23; issue size trimmed to Rs 3,100 crore - Check price band and more

CleanMax IPO | The company has fixed price band for the public issue at Rs 1,000-1,053 per share.