Closing Bell: Market snaps 2-day fall; Nifty above 25,650, Sensex rises 650 pts

Indian equity indices ended on strong note with Nifty above 25,650 on February 16. At close, the Sensex was up 650.39 points or 0.79 percent at 83,277.15, and the Nifty was up 211.65 points or 0.83 percent at 25,682.75.

We wrap up today's edition of the Moneycontrol live market blog, and will be back tomorrow morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

After showing sharp weakness amidst weak global cues on Friday, Nifty witnessed an excellent bounce back from the lows on Monday and closed the day higher by 211 points. After negative opening, the market slipped into further weakness soon after the opening. The sharp upside recovery that emerged from the early part of the session and continued till the end.

A long bull candle has been formed on the daily chart after opening lower. Technically, this market action indicates a formation of 'Bullish Engulfing' candle pattern, which is positive indication. The opening downside gap of Friday has been filled partially.

The sharp bounce back of Monday seems to have opened the doors for bulls to comeback. A sustainable move above the recent down gap resistance at 25750 could pull Nifty towards 26000 levels in the near term. Immediate support is placed at 25550.

Today, the benchmark indices bounced back sharply, with the Nifty ending 212 points higher and the Sensex rising by 650 points. Among sectors, Energy, Reality, and PSU Banks indices rallied over 1.5 percent, whereas despite the strong market momentum, the Capital Market index shed 1.25 percent. Technically, after a weak open, the market took support near the 20-day SMA (Simple Moving Average) at 25,400/82300 and bounced back sharply. On daily charts, it has formed a long bullish candle, and on intraday charts, it has formed a promising reversal pattern, which is largely positive.

For day traders, 25,600/83000 and 25,500/82700 would act as key support zones. As long as the market is trading above these levels, the pullback formation is likely to continue. On the higher side, it could bounce back to 25,800–25,875/83500-83700. On the flip side, below 25,500/82700, the sentiment could change. If the market falls below this level, traders may prefer to exit their long positions.

The benchmark Nifty index began Monday’s session with a noticeable gap-down opening, reflecting early nerves in the market. However, sentiment quickly reversed as the index staged an impressive rebound within the very first minute of trade. From there, Nifty maintained a steady upward trajectory, forming a constructive pattern of higher tops and higher bottoms throughout the day.

By the close, the index settled near the day’s high at 25683, marking a healthy 0.83% gain, and signalling renewed buying interest. On the daily chart, Nifty has also formed a large bullish candle that decisively engulfed the previous session’s candle, a positive technical development hinting at potential continuation of the upward move.

Supporting this strength, Nifty has now moved above its 20-day, 50-day, and 100-day EMAs, further reinforcing the short to medium-term bullish structure. The daily RSI, too, has shown a mild uptick, indicating improving momentum.

In terms of stock performance within the index, Power Grid and Coal India emerged as the top gainers, while Tech Mahindra and Maruti Suzuki were among the notable laggards. Sectorally, the market action was mixed. Nifty PSU Bank and Nifty Realty indices outperformed, leading the sectoral pack. On the other hand, Nifty Media and Nifty Auto witnessed pressure and ended as top sectoral losers.

The broader markets also closed in the green, with Nifty Midcap 100 and Nifty Smallcap 100 indices registering gains. However, both segments underperformed the frontline indices, indicating that the rally was more concentrated in large-cap counters. Market breadth remained slightly weak, with the advance/decline ratio tilted towards decliners, even as 289 stocks from the Nifty 500 universe managed to end the session higher.

Nifty View

Going ahead, for Nifty, the 25800–25850 zone remains the immediate hurdle. A sustained move above 25850 can extend the pullback toward 26000. On the downside, 25580–25550 will act as strong near-term support.

Bank Nifty View

The Bank Nifty delivered a standout performance on Monday, significantly outperforming the frontline indices and emerging as a key driver of the frontline indices upmove. The banking gauge provided substantial support to the Nifty’s rally, underscoring strong buying interest across major financial heavyweights.

Technically, the index found solid support near its 20-day EMA, from where it staged a sharp and decisive rebound. This recovery culminated in the formation of a large bullish candle on the daily chart—a structure that reflects sustained demand at lower levels and reinforces the improving sentiment within the banking pack.

Adding strength to the bullish case, the daily RSI has surged above the 60 mark and continues to trend higher, indicating robust momentum and room for further upside.

Looking ahead, the zone of 60600–60500 is expected to act as a crucial support area. As long as the index sustains above 60500, Bank Nifty remains well-positioned to extend its rally toward 61500, with the next potential target placed near 62100 in the short term.

Today, the Indian equity markets rebounded, ending a two day losing streak as investors returned to buying large cap banks and defensive stocks. The recovery came despite continued weakness in IT shares. Market sentiment was supported by manageable inflation data for January and positive global cues around long term AI investment after Anthropic announced a major funding round.

The Sensex rose about 650 points, while the Nifty 50 closed at 25,683 by the close. Markets were volatile during the day, with early pressure from IT stocks offset by steady buying in banks, energy, realty, pharma and FMCG names.

Inflation data provided near term comfort. January WPI inflation rose to 1.81%, a nine month high, driven by higher prices in metals, food items and manufactured goods. However, fuel prices remained in deflation. CPI inflation came in at 2.75%, firmly within the RBI target range. The RBI has kept interest rates unchanged and continues to highlight steady growth, which is positive for equities.

Sectorally, realty, pharma, FMCG and private banks led gains, with stocks like HDFC Bank and Axis Bank providing support. IT stocks such as Infosys remained weak due to concerns around AI led disruption. Overall, low inflation, stable policy and strong domestic participation provide support, though IT and global tech volatility remain key risks in the near term.

The Nifty started the day on a weak footing but held firm as there was no follow-through selling pressure. The index then rallied to its day’s high following the formation of a hidden positive divergence on the hourly chart, resulting in a bullish engulfing candle on the daily timeframe.

If the Nifty holds above 25,600 till the close, the uptrend may continue in the near term. On the higher side, it could move towards 25,800 and above. However, a fall below 25,500 may reactivate bearishness in the market.

After a range-bound opening, domestic markets edged higher, supported by renewed buying interest in banking and power stocks. The power sector gained on expectations of sustained demand momentum, while improved loan growth and stable asset quality bolstered confidence in banks.

Globally, a continued decline in the US 10-year yield following benign inflation data strengthened expectations of a Fed rate cut later this year, with investors now closely awaiting the upcoming Fed minutes for further direction. Meanwhile, stability in the INR and range-bound crude oil prices ahead of US–Iran talks are offering additional support to domestic equities.

The Indian rupee bucked the broader regional trend of gains in Asian currencies and equities, settling slightly lower after an upside surprise in inflation numbers. Market participants are pivoting their focus to trade balance data for further catalysts in the absence of the global cues.

The USDINR pair maintains its recent sideways trend, pinned between technical support at 90.40 and resistance at 90.90.

Indian rupee closed flat at 90.65 per dollar on Monday against Friday's close of 90.64.

Indian equity indices ended on strong note with Nifty above 25,650 on February 16.

At close, the Sensex was up 650.39 points or 0.79 percent at 83,277.15, and the Nifty was up 211.65 points or 0.83 percent at 25,682.75. About 1676 shares advanced, 2443 shares declined, and 181 shares unchanged.

Biggest Nifty gainers included Power Grid Corporation, Coal India, HDFC Bank, Adani Enterprises and Max Healthcare, while losers were Tech Mahindra, Bajaj Finance, Maruti Suzuki, Eicher Motors and Tata Motors Passenger Vehicles.

On the sectoral front, Power, PSU Bank, Realty, Private Bank, Infra, capital goods, energy indices gained 1-2 percent, while media and auto shed 0.5-1%.

Broader indices underperformed the main indices with Nifty midcap index rising 0.5 percent, while smallcap index ended on a flat note.

#1 Biosimilar sales dip due to platform upgrade

#2 Improved infrastructure to support future demand

#3 New launches & market share gains key to outlook

Biocon was quoting at Rs 380.40, up Rs 2.60, or 0.69 percent.

It has touched an intraday high of Rs 384.15 and an intraday low of Rs 374.80.

It was trading with volumes of 66,913 shares, compared to its five day average of 160,203 shares, a decrease of -58.23 percent.

#1 Q3 beat on strong US sales, operating leverage

#2 Robust FY26 US pipeline including FTF/injectables

#3 FY27 margins sustainable at 24-25 percent, EPS raised 7-5 percent

Lupin was quoting at Rs 2,222.00, up Rs 22.80, or 1.04 percent.

It has touched an intraday high of Rs 2,239.30 and an intraday low of Rs 2,193.00.

It was trading with volumes of 25,209 shares, compared to its five day average of 21,712 shares, an increase of 16.11 percent.

#1 Revenue weakness led to negative operating leverage

#2 FY26/27 EPS cut 11 percent/22 percent on slower recovery

#3 Growth expected to revive in FY27, PAT CAGR around 13 percent FY26-28

PI Industries was quoting at Rs 3,052.50, down Rs 99.85, or 3.17 percent.

It has touched an intraday high of Rs 3,152.35 and an intraday low of Rs 3,025.00.

It was trading with volumes of 11,618 shares, compared to its five day average of 16,723 shares, a decrease of -30.53 percent.

#1 Q3 miss, PAT down 38 percent YoY on weak revenue/margins

#2 Activity recovery, SBI ATM wins to aid Q4

#3 Targets 15-19 percent revenue growth, 25-26 percent margin in FY27

#4 MSP acquisition signed, FY26 estimates trimmed

CMS Info Systems was quoting at Rs 314.90, down Rs 6.75, or 2.10 percent.

It has touched an intraday high of Rs 320.40 and an intraday low of Rs 312.35.

It was trading with volumes of 28,590 shares, compared to its five day average of 23,495 shares, an increase of 21.68 percent.

#1 Q3 miss, biosimilars growth modest, generics margin pressure

#2 Biosimilar EBITDA margin 28 percent on better geography mix

#3 Cut FY27/28 EBITDA 6 percent, rising competition key risk

Biocon was quoting at Rs 380.60, up Rs 2.80, or 0.74 percent.

It has touched an intraday high of Rs 384.15 and an intraday low of Rs 374.80.

It was trading with volumes of 64,620 shares, compared to its five day average of 160,203 shares, a decrease of -59.66 percent.

The United States Food and Drug Administration (USFDA) has completed a pre-approval inspection (PAI) at the manufacturing facility of Enzene Biosciences, a subsidiary of the company in India located at Chakan, Pune.

At the conclusion of the inspection, the USFDA issued a Form 483 with 6 procedural observations. Enzene has achieved Zero observations related to data integrity – a critical validation of Enzene’s quality systems and the reliability of regulatory filings.

Enzene is in the process of preparing and submitting its response to the USFDA within the stipulated timeline and has initiated appropriate corrective and preventive actions.

Alkem Laboratories was quoting at Rs 5,477.60, up Rs 76.05, or 1.41 percent.

It has touched an intraday high of Rs 5,538.35 and an intraday low of Rs 5,384.50.

It was trading with volumes of 103,357 shares, compared to its five day average of 3,483 shares, an increase of 2,867.13 percent.

#1 Beat led by strong US exclusivity sales

#2 FY26 margin 27-28 percent, FY27 normalises to 24-25 percent

#3 US revenue to stay > USD 1 billion, shift to biosimilars/institutional growth

#4 India business to outpace IPM with chronic focus, semaglutide launch

Lupin was quoting at Rs 2,220.00, up Rs 20.80, or 0.95 percent.

It has touched an intraday high of Rs 2,239.30 and an intraday low of Rs 2,193.00.

It was trading with volumes of 24,405 shares, compared to its five day average of 21,712 shares, an increase of 12.40 percent.

The Sensex was up 611.61 points or 0.74 percent at 83,238.37, and the Nifty was up 197.45 points or 0.78 percent at 25,668.55. About 1572 shares advanced, 2376 shares declined, and 152 shares unchanged.

#1 Q3 miss across exports, domestic & pharma segments

#2 Core business weak, new segments need time & investment

#3 Guides 50-52 percent gross margin, 26-27 percent EBITDA margin

#1 Recent acquisitions strengthen digital & premium portfolio

#2 Expects newly acquired businesses to more than triple by FY30

Marico was quoting at Rs 772.40, up Rs 12.75, or 1.68 percent.

It has touched an intraday high of Rs 772.40 and an intraday low of Rs 759.30.

It was trading with volumes of 14,197 shares, compared to its five day average of 22,730 shares, a decrease of -37.54 percent.

In the previous trading session, the share closed down 1.44 percent or Rs 11.10 at Rs 759.65.

The share touched a 52-week high of Rs 780 and a 52-week low of Rs 577.90 on 06 January, 2026 and 04 March, 2025, respectively.

Currently, the stock is trading 0.97 percent below its 52-week high and 33.66 percent above its 52-week low.

Market capitalisation stands at Rs 100,265.88 crore.

#1 Volume improvement & tariff escalation to support growth

#2 Outlook supported by favourable LNG pricing & capacity expansion

Petronet LNG was quoting at Rs 294.45, up Rs 3.85, or 1.32 percent.

It has touched an intraday high of Rs 294.65 and an intraday low of Rs 287.40.

It was trading with volumes of 27,108 shares, compared to its five day average of 79,084 shares, a decrease of -65.72 percent.

Indian rupee erased all the intraday losses to trade flat at 90.63 per dollar against Friday's close of 90.64.

#1 Q3 core profit Rs 320 crore vs prior losses

#2 Revenue/EBITDA 2percent/9percent above street estimate, 9MFY26 at around 85 percent of FY26

#3 Net debt rose marginally QoQ to Rs 34,500 crore

GMR Airports was quoting at Rs 100.12, up Rs 6.10, or 6.49 percent.

It has touched an intraday high of Rs 101.40 and an intraday low of Rs 95.28.

It was trading with volumes of 1,904,225 shares, compared to its five day average of 393,201 shares, an increase of 384.29 percent.

#1 EBITDA slight beat, PAT marginal miss

#2 Eastern offshore & daman projects to lift gas output >15 percent by FY27

#3 Mumbai high output improving with BP partnership

#4 Dividend payout around 50 percent, capex intensity sustained

Indian markets are currently absorbing global volatility and an earnings recalibration phase, but the underlying domestic fundamentals remain robust.

The government’s sustained capital expenditure commitment, alongside strategic manufacturing incentives, strengthens the structural growth runway for corporate India. While short-term movements may continue to reflect global cues, we believe the medium-term opportunity has improved meaningfully.

As fiscal execution translates into earnings growth and investor confidence rebuilds, markets are well positioned to transition into a more durable, fundamentals-led cycle.

#1 Q3 revenue/EBITDA +18-19 percent YoY led by India & Brazil

#2 Germany impacted (-6 percent CC) due to supplier disruption

#3 Rs 400-450 crore cost synergies from JB Deal, revenue synergies awaited

Torrent Pharmaceuticals was quoting at Rs 4,260.95, up Rs 186.90, or 4.59 percent.

It has touched a 52-week high of Rs 4,322.80.

It has touched an intraday high of Rs 4,322.80 and an intraday low of Rs 4,130.

It was trading with volumes of 65,520 shares, compared to its five day average of 14,696 shares, an increase of 345.83 percent.

Banking stocks traded largely in the green, lifting the Nifty Bank index in intraday trade. HDFC Bank gained over 2.3 percent with strong volumes of more than 15 million shares, while Canara Bank and Axis Bank rose over 2 percent each. Other gainers included Bank of Baroda, AU Small Finance Bank, Union Bank of India, and IDFC First Bank. In contrast, ICICI Bank was the sole notable laggard, slipping marginally in intraday trade.

#1 Production uptick from Mumbai High & KG basin positive

#2 Refining capex may pressure capital allocation

#3 Model 5 percent production CAGR, 9 percent EPS CAGR FY26-28

Oil and Natural Gas Corporation was quoting at Rs 271.45, up Rs 3.95, or 1.48 percent.

It has touched an intraday high of Rs 272.10 and an intraday low of Rs 265.85.

It was trading with volumes of 615,953 shares, compared to its five day average of 694,287 shares, a decrease of -11.28 percent.

Market breadth improved at the headline level, with 32 stocks advancing and 18 declining on the Nifty 50, as the index traded around 25,581, up about 0.4 percent intraday. In the broader universe, the Nifty 500 showed a more balanced trend, with 263 advances against 233 declines, indicating selective buying beyond frontline stocks even as participation remained uneven.

Several largecap stocks witnessed a sharp intraday recovery from their respective lows. Adani Green Energy rebounded nearly 5.7 percent from its day’s low, while Power Grid Corporation of India climbed about 4.5 percent. Other largecap names including Siemens India, Coal India, JSW Energy, Jindal Steel and Power, Torrent Pharmaceuticals, Power Finance Corporation, Adani Enterprises and Canara Bank recovered between 3-4 percent from their intraday troughs, indicating a meaningful bounce in select heavyweights.

On the downside, Brainbees Solutions dropped more than 10 percent, leading midcap losses. Ola Electric Mobility slipped over 6 percent, while Vedant Fashions and Aegis Vopak Terminals fell between 3-5 percent. Weakness was also seen in PI Industries, Gujarat Fluorochemicals and Muthoot Finance, reflecting continued pressure in select consumer and industrial names.

Midcap action remained stock-specific, with GMR Airports rallying over 7.5 percent to emerge as the top gainer. CRISIL rose nearly 4 percent, while Kansai Nerolac Paints, Indian Renewable Energy Development Agency and Go Digit General Insurance gained around 3 percent each. Buying was also visible in Aurobindo Pharma and Kalyan Jewellers India.

The broader market showed limited movement, with the Nifty Midcap 100 up around 0.1 percent, while the Nifty Smallcap 100 hovered near the flatline. Volatility remained elevated, with India VIX edging up about 0.5 percent to around 13.4, signalling cautious sentiment despite gains in the headline indices.

Sectoral action remained divergent in afternoon trade. On the BSE, the Power index climbed over 2 percent, while Utilities gained nearly 2 percent, extending their outperformance. Bankex advanced around 0.8 percent, and Capital Goods, Healthcare and FMCG also traded higher. In contrast, IT stocks continued to drag, with the BSE IT index down about 1 percent, while the Auto and Consumer Discretionary indices remained in the red.

On the downside, IT stocks weighed on the index, with Tech Mahindra falling nearly 2.5 percent and Infosys down close to 2 percent. Financial major Bajaj Finance also traded lower, while auto names such as Mahindra & Mahindra and Maruti Suzuki India remained under pressure. Trent and UltraTech Cement were also among the notable losers.

Gains on the Sensex were led by Power Grid Corporation of India, which surged more than 4 percent. Banking heavyweights HDFC Bank and Axis Bank added over 2 percent and 1.7 percent, respectively. Support also came from NTPC, Asian Paints, Adani Ports and Special Economic Zone, ITC and Bharti Airtel, keeping the benchmark comfortably in positive territory.

#1 EBITDA Rs 1,710 crore (+73 percent YoY), strong tariff & non-aero growth

#2 Returned to profitability after several quarters

#3 Structural air traffic growth, RE monetisation key drivers

#4 Bhogapuram execution, leverage peak supportive

GMR Airports was quoting at Rs 100.75, up Rs 6.73, or 7.16 percent.

It has touched an intraday high of Rs 100.86 and an intraday low of Rs 95.28.

It was trading with volumes of 1,687,185 shares, compared to its five day average of 393,201 shares, an increase of 329.09 percent.

In the previous trading session, the share closed down 2.40 percent or Rs 2.31 at Rs 94.02.

The share touched a 52-week high of Rs 110.30 and a 52-week low of Rs 67.75 on 02 December, 2025 and 28 February, 2025, respectively.

Currently, the stock is trading 8.66 percent below its 52-week high and 48.71 percent above its 52-week low.

Market capitalisation stands at Rs 106,381.68 crore.

#1 Q3 EBITDA +62percent YoY, exclusivity products contributed +USD 120 mn

#2 FY26 margin guidance raised to 27-28 percent, FY27 at 24-25 percent

#3 EPS raised 22 percent/17 percent/2 percent for FY26/27/28

Lupin was quoting at Rs 2,219.45, up Rs 20.25, or 0.92 percent.

It has touched an intraday high of Rs 2,239.30 and an intraday low of Rs 2,193.

It was trading with volumes of 17,383 shares, compared to its five day average of 21,712 shares, a decrease of -19.94 percent.

#1 Profit tanks 69.5% to Rs 31.7 crore Vs Rs 104 crore, YoY

#2 Revenue falls 15.1% to Rs 551 crore Vs Rs 648.8 crore, YoY

Shakti Pumps (India) was quoting at Rs 573.50, down Rs 66.85, or 10.44 percent.

It has touched an intraday high of Rs 590 and an intraday low of Rs 558.

It was trading with volumes of 388,301 shares, compared to its five day average of 70,340 shares, an increase of 452.03 percent.

In the previous trading session, the share closed down 2.49 percent or Rs 16.35 at Rs 640.35.

The share touched a 52-week high of Rs 1,047 and a 52-week low of Rs 549 on 17 June, 2025 and 10 December, 2025, respectively.

Currently, the stock is trading 45.22 percent below its 52-week high and 4.46 percent above its 52-week low.

Market capitalisation stands at Rs 7,076.87 crore.

The marginal decline in the WPI food index last month indicates some relaxation in wholesale food prices on a sequential basis. Having said that, the y-o-y inflationary trend inching up to 1.41% percent underlines the fact that price pressures, although moderate and characteristic of economic conditions, continue to linger. This scenario highlights that while supply-side conditions are stabilizing, underlying costs pertaining to procurement, logistics and processing remain influential on consumption patterns.

Going forward, sustained momentum will largely rely on efficient supply chain management and close monitoring of the seasonal fluctuations. What would be ideal is to take a balanced approach that supports farmers while ensuring price stability for consumers, as it would be vital to maintain control over food inflation, keeping it rangebound in the coming months.

#1 Loss narrows to Rs 487 crore Vs loss of Rs 564 crore, YoY

#2 Revenue sinks 55% to Rs 470 crore Vs Rs 1,045 crore, YoY

#1 3 years of weak growth reflect structural & competitive pressures

#2 Cut FY26-28 revenue 2percent, EBITDA 5-7percent, EPS 7-9percent

#3 Prefer Aditya Birla Lifestyle brands, overweight with target price of Rs 176

Vedant Fashions was quoting at Rs 433.35, down Rs 21.65, or 4.76 percent.

It has touched a 52-week low of Rs 431.00.

It has touched an intraday high of Rs 455.20 and an intraday low of Rs 431.00.

It was trading with volumes of 15,136 shares, compared to its five day average of 60,494 shares, a decrease of -74.98 percent.

The finance committee, as authorized by the board of directors of the company approved issuance of secured, redeemable, rated, listed, non-convertible debentures of face value of

Rs 1,00,000 each (NCDs) for an amount aggregating up to Rs 1000,00,00,000.

Poonawalla Fincorp was quoting at Rs 467.75, up Rs 4.05, or 0.87 percent. It has touched an intraday high of Rs 479.05 and an intraday low of Rs 457.95. It was trading with volumes of 37,441 shares, compared to its five day average of 240,336 shares, a decrease of -84.42 percent.

#1 Profit zooms 195.1% to Rs 135.2 crore Vs Rs 45.8 crore, YoY

#2 Revenue grows 17.3% to Rs 6,869.8 crore Vs Rs 5,855.9 crore, YoY

National Fertilizers was quoting at Rs 83.15, up Rs 5.04, or 6.45 percent.

It has touched an intraday high of Rs 86.70 and an intraday low of Rs 82.25.

It was trading with volumes of 975,852 shares, compared to its five day average of 32,707 shares, an increase of 2,883.60 percent.

#1 Profit increases 1.7% to Rs 66.3 crore Vs Rs 65.2 crore, YoY

#2 Revenue jumps 14.8% to Rs 116 crore Vs Rs 101 crore, YoY

#3 Other income jumps to Rs 34.3 crore Vs Rs 14.5 crore, YoY

#4 Exceptional loss stands at Rs 18.2 crore Vs gain of Rs 4.7 crore, YoY

Arkade Developers has registered the development agreement for the cluster redevelopment of Shree Rani Sati Nagar Co-operative Housing Society Limited, located at SV Road, Malad West. The project spans a total plot area of approximately 6,553 square metres and is proposed as a large-scale cluster redevelopment with an estimated Gross Development Value of around Rs 700 crore.

Arkade Developers was quoting at Rs 121.45, down Rs 0.10, or 0.08 percent. It has touched an intraday high of Rs 123.20 and an intraday low of Rs 119.45. It was trading with volumes of 3,222 shares, compared to its five day average of 5,565 shares, a decrease of -42.11 percent.

#1 Profit declines 10% to Rs 133 crore Vs Rs 147.7 crore, YoY

#2 Revenue falls 11.4% to Rs 579.2 crore Vs Rs 653.4 crore, YoY

Gujarat Mineral Development Corporation was quoting at Rs 565.40, down Rs 5.75, or 1.01 percent. It has touched an intraday high of Rs 569.95 and an intraday low of Rs 556.90. It was trading with volumes of 214,715 shares, compared to its five day average of 323,457 shares, a decrease of -33.62 percent.

Jubilant HollisterStier General Partnership (JHSGP) said that the United States Food and Drug Administration (USFDA) has determined the inspection classification for the contract manufacturing facility in Montreal, Canada (CMO Montreal), as Official Action Indicated (OAI). This follows the audit of CMO Montreal conducted in October and November 2025.

The audit was reported by the company on November 4, 2025. Since then, JHSGP has been working closely with the USFDA and is committed to addressing the audit observations.

Following the implementation of robust remediation measures, production operations have resumed at the facility in Q4FY26.

JHSGP is jointly owned by subsidiaries of Jubilant Pharma, a wholly owned subsidiary of the company.

Jubilant Pharmova was quoting at Rs 902, down Rs 10.70, or 1.17 percent. It has touched an intraday high of Rs 913 and an intraday low of Rs 901.90. It was trading with volumes of 1,017 shares, compared to its five day average of 9,224 shares, a decrease of -88.97 percent.

The United States Food and Drug Administration (USFDA) has completed a pre-approval inspection (PAI) at the manufacturing facility of the company’s subsidiary, Enzene Biosciences. At the conclusion of the inspection, the USFDA issued a Form 483 with six procedural observations.

Enzene has achieved zero observations related to data integrity—a critical validation of Enzene’s quality systems and the reliability of regulatory filings.

Alkem Laboratories was quoting at Rs 5,491.30, up Rs 89.75, or 1.66 percent.

It has touched an intraday high of Rs 5,538.35 and an intraday low of Rs 5,384.50.

It was trading with volumes of 102,997 shares, compared to its five day average of 3,483 shares, an increase of 2,856.80 percent.

The company has received final approval from the United States Food and Drug Administration (USFDA) for Ammonium Lactate Cream, 12%.

Ammonium lactate cream, 12%, is a topical prescription medication indicated for the treatment of dry, scaly skin (xerosis) and an inherited dry skin condition called ichthyosis vulgaris. It is used to moisturise the skin by increasing hydration and, as an alpha-hydroxy acid, helps relieve itching, soften the skin, and decrease skin scaling.

Zydus Lifesciences was quoting at Rs 908.55, up Rs 3.70, or 0.41 percent.

It has touched an intraday high of Rs 916.00 and an intraday low of Rs 904.25.

It was trading with volumes of 22,152 shares, compared to its five day average of 59,108 shares, a decrease of -62.52 percent.

The company has inked an agreement to form a joint venture with RMZ, a leading developer and asset manager of commercial real estate, to develop a mixed-use project comprising office buildings, hotels, and retail spaces on the Southern Peripheral Road (SPR) in Gurugram.

Under the agreement, Signature Global and RMZ will form a 50:50 joint venture, with RMZ committing an investment of Rs 1,283 crore to acquire a 50% equity stake in the project.

Under the Securities Subscription and Purchase Agreement, RMZ will acquire a 50% equity stake in Gurugram Commercity through a combination of share purchase and share subscription for Rs 1,283 crore.

SignatureGlobal India was quoting at Rs 1,101.90, up Rs 59.65, or 5.72 percent. It has touched an intraday high of Rs 1,110.55 and an intraday low of Rs 1,050.85. It was trading with volumes of 66,582 shares, compared to its five day average of 35,645 shares, an increase of 86.79 percent.

The Government of Jharkhand has issued a demand notice for the recovery of a compensation amount of Rs 929.4 crore from Hindustan Copper, alleging that the company undertook production from the Surda mine without valid statutory clearances or in excess of permissible limits during the period from FY2000-01 to FY2016-17.

The company denies the allegations and is taking appropriate legal actions in this regard.

The company’s subsidiary, Horizon Aero Solutions, has completed the acquisition of 100% shareholding in Indamer Technics for Rs 330 crore. Indamer Technics has become a step-down subsidiary of the company.

The acquisition aims to expand the company’s footprint in the aircraft services and MRO industry.

Adani Enterprises was quoting at Rs 2,179.35, up Rs 38.00, or 1.77 percent.

It has touched an intraday high of Rs 2,188.80 and an intraday low of Rs 2,103.95.

It was trading with volumes of 42,745 shares, compared to its five day average of 85,230 shares, a decrease of -49.85 percent.

The boards of Religare Enterprises and Religare Finvest have approved a demerger that will segregate the company’s financial services and insurance businesses into two independent listed entities.

Under the proposed scheme of arrangement, Religare Enterprises will retain its stake in Care Health Insurance (CHIL), which will continue as an insurance-focused entity. The financial services business, comprising lending activities, broking activities, investment activities, and ancillary and support services, will be transferred to Religare Finvest on a going-concern basis.

Religare Finvest will issue fully paid-up equity shares to Religare Enterprises shareholders on a 1:1 basis. Post-demerger, Religare Finvest’s shareholding pattern will mirror Religare Enterprises’ pre-demerger shareholding.

Religare Enterprises was quoting at Rs 229.75, down Rs 14.55, or 5.96 percent. It has touched an intraday high of Rs 248.70 and an intraday low of Rs 229. It was trading with volumes of 186,584 shares, compared to its five day average of 43,539 shares, an increase of 328.54 percent.

The Sensex was up 283.59 points or 0.34 percent at 82,910.35, and the Nifty was up 101.05 points or 0.40 percent at 25,572.15. About 1486 shares advanced, 2344 shares declined, and 165 shares unchanged.

#1 Announced three acquisitions worth around Rs 700 crore

#2 Targets foods & premium personal care contribution of 33percent By FY30

Marico was quoting at Rs 769.75, up Rs 10.10, or 1.33 percent.

It has touched an intraday high of Rs 770.45 and an intraday low of Rs 759.30.

It was trading with volumes of 8,002 shares, compared to its five day average of 22,730 shares, a decrease of -64.80 percent.

In the previous trading session, the share closed down 1.44 percent or Rs 11.10 at Rs 759.65.

The share touched a 52-week high of Rs 780.00 and a 52-week low of Rs 577.90 on 06 January, 2026 and 04 March, 2025, respectively.

Currently, the stock is trading 1.31 percent below its 52-week high and 33.2 percent above its 52-week low.

Market capitalisation stands at Rs 99,921.89 crore.

#1 Q3 EBITDA beat driven by strong international & issuer solutions performance

#2 PAT adjusted for one-off impact was 11 percent above estimates

KFin Technologies was quoting at Rs 1,019.70, up Rs 51.60, or 5.33 percent.

It has touched an intraday high of Rs 1,040.25 and an intraday low of Rs 953.25.

It was trading with volumes of 138,168 shares, compared to its five day average of 48,792 shares, an increase of 183.18 percent.

Tata Consultancy Services(TCS) and AMD have expanded their strategic collaboration. TCS, through its subsidiary HyperVault AI Data Center Limited (HyperVault), and AMD will co-develop a rack-scale AI infrastructure design based on the AMD “Helios” platform in support of India’s national AI initiatives.

Tata Consultancy Services was quoting at Rs 2,690.95, down Rs 1.20, or 0.04 percent.

It has touched an intraday high of Rs 2,720.00 and an intraday low of Rs 2,671.50.

It was trading with volumes of 295,040 shares, compared to its five day average of 438,975 shares, a decrease of -32.79 percent.

Tata Consultancy Services(TCS) and AMD have expanded their strategic collaboration. TCS, through its subsidiary HyperVault AI Data Center Limited (HyperVault), and AMD will co-develop a rack-scale AI infrastructure design based on the AMD “Helios” platform in support of India’s national AI initiatives.

Tata Consultancy Services was quoting at Rs 2,690.95, down Rs 1.20, or 0.04 percent.

It has touched an intraday high of Rs 2,720.00 and an intraday low of Rs 2,671.50.

It was trading with volumes of 295,040 shares, compared to its five day average of 438,975 shares, a decrease of -32.79 percent.

Tata Consultancy Services(TCS) and AMD have expanded their strategic collaboration. TCS, through its subsidiary HyperVault AI Data Center Limited (HyperVault), and AMD will co-develop a rack-scale AI infrastructure design based on the AMD “Helios” platform in support of India’s national AI initiatives.

Tata Consultancy Services was quoting at Rs 2,690.95, down Rs 1.20, or 0.04 percent.

It has touched an intraday high of Rs 2,720.00 and an intraday low of Rs 2,671.50.

It was trading with volumes of 295,040 shares, compared to its five day average of 438,975 shares, a decrease of -32.79 percent.

#1 Profit spikes 6-fold to Rs 24.7 crore Vs Rs 4.11 crore, YoY

#2 Revenue jumps 33.8% to Rs 81.8 crore Vs Rs 61.1 crore, YoY

#3 Other income more than doubled to Rs 29.9 crore Vs Rs 12.9 crore, YoY

Inox Green Energy Services was quoting at Rs 171.15, up Rs 0.05, or 0.03 percent.

It has touched an intraday high of Rs 174.55 and an intraday low of Rs 162.00.

It was trading with volumes of 78,911 shares, compared to its five day average of 247,958 shares, a decrease of -68.18 percent.

#1 Profit soars 39.4% to Rs 193 crore Vs Rs 138.5 crore, YoY

#2 Revenue rises 7.6% to Rs 3,022.4 crore Vs Rs 2,809 crore, YoY

#3 Exceptional gains stand at Rs 80.1 crore Vs Nil, YoY

NBCC (India) was quoting at Rs 99.72, up Rs 1.62, or 1.65 percent.

It has touched an intraday high of Rs 100.67 and an intraday low of Rs 96.90.

It was trading with volumes of 986,300 shares, compared to its five day average of 596,727 shares, an increase of 65.28 percent.

In the previous trading session, the share closed down 2.39 percent or Rs 2.40 at Rs 98.10.

The share touched a 52-week high of Rs 130.60 and a 52-week low of Rs 70.82 on 09 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 23.64 percent below its 52-week high and 40.81 percent above its 52-week low.

Market capitalisation stands at Rs 26,924.40 crore.

#1 Loss stands at Rs 105 crore Vs Profit of Rs 53.9 crore, YoY

#2 Revenue surges 80.4% to Rs 1,453 crore Vs Rs 805.3 crore, YoY

#3 Exceptional loss stands at Rs 169.4 crore Vs Nil, YoY

Tilaknagar Industries was quoting at Rs 450.30, down Rs 0.90, or 0.20 percent.

It has touched an intraday high of Rs 451.65 and an intraday low of Rs 431.30.

It was trading with volumes of 59,764 shares, compared to its five day average of 30,299 shares, an increase of 97.25 percent.

Shriram Properties has acquired a strategically well-located land parcel of ~4 acres on Sarjapur Main Road, South-East Bengaluru, through an outright purchase transaction.

The company plans to develop a premium high-rise residential project and proposed development will comprise approximately 5 lakh sq. ft. of saleable area, with an estimated Gross Development Value (GDV) of ~Rs 550-600 crores. The project is expected to be launched during latter part of 2026.

Shriram Properties was quoting at Rs 80.65, down Rs 3.80, or 4.50 percent. It has touched an intraday high of Rs 83.47 and an intraday low of Rs 78.45. It was trading with volumes of 159,760 shares, compared to its five day average of 119,578 shares, an increase of 33.60 percent.

Larsen and Toubro and its wholly owned subsidiary, L&T Power Development (L&T PDL) and its wholly owned subsidiary Nabha Power and Torrent Power have executed a

Securities Purchase Agreement (SPA), pursuant to which, 100% of the equity and convertible instruments held by L&T PDL in NPL would be divested to Torrent.

Larsen & Toubro was quoting at Rs 4,175.00, up Rs 2.10, or 0.05 percent.

It has touched an intraday high of Rs 4,181.25 and an intraday low of Rs 4,138.00.

It was trading with volumes of 258,101 shares, compared to its five day average of 332,444 shares, a decrease of -22.36 percent.

A fire broke out at the company’s API Plant, located at Z-103/I, SEZ, Phase II, District Bharuch, Dahej, Gujarat, India. There have been three injuries.

Alivus Life Sciences was quoting at Rs 905.25, down Rs 15.55, or 1.69 percent.

It has touched an intraday high of Rs 917.05 and an intraday low of Rs 896.

It was trading with volumes of 3,620 shares, compared to its five day average of 26,938 shares, a decrease of -86.56 percent.

In the previous trading session, the share closed up 0.26 percent or Rs 2.40 at Rs 920.80.

The share touched a 52-week high of Rs 1,224 and a 52-week low of Rs 827.10 on 15 May, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 26.04 percent below its 52-week high and 9.45 percent above its 52-week low.

Market capitalisation stands at Rs 11,110.71 crore.

#1 EBITDA beat estimates despite YoY decline

#2 Power demand recovery expected to support volume growth

#3 Offers around 7 percent dividend yield

Coal India was quoting at Rs 421.35, up Rs 12.40, or 3.03 percent.

It has touched an intraday high of Rs 422.40 and an intraday low of Rs 407.

It was trading with volumes of 593,028 shares, compared to its five day average of 411,901 shares, an increase of 43.97 percent.

#1 EBITDA miss due to margin pressure

#2 Builds 6 percent volume CAGR & 12 percent PAT CAGR over FY26-28

Indraprastha Gas was quoting at Rs 170.70, up Rs 4.20, or 2.52 percent.

It has touched an intraday high of Rs 172.40 and an intraday low of Rs 166.95.

It was trading with volumes of 97,412 shares, compared to its five day average of 187,159 shares, a decrease of -47.95 percent.

Fractal Analytics began trading on the stock exchanges today, February 16, with a soft opening on the NSE, where the stock was listed at Rs 876, which is lower than the IPO price of Rs 900. The IPO was subscribed 2.66 times in total. The Qualified Institutional Buyers segment was subscribed 4.18 times, which is a clear indication that the institutional segment has shown more interest. The Non-Institutional Investor segment was subscribed 1.06 times, while the retail portion was subscribed 1.03 times.

The company is divided into two major business segments: Fractal.ai, which provides AI services and products through its agentic AI platform Cogentiq, and Fractal Alpha, which incubates independent AI startups.

The company has maintained long-term relationships with marquee clients such as Citibank, Costco, Franklin Templeton, Mars, Mondelez, Nestlé, and Philips, where the top ten clients account for more than half of the company's revenues.

Looking at the long-term outlook, Fractal Analytics is poised to take advantage of the expected growth of the global AI market to USD310 billion by FY30. For long-term investors, Fractal Analytics offers a compelling case to stay invested given its strong positioning in the fast-growing global AI and analytics industry.

Indian rupee erased all the opening gains and trading lower at 90.71 per dollar against Friday's close of 90.64.

Food inflation at 1.41 percent versus 0 percent, MoM

Fuel & power inflation at -4.01 percent versus -2.31 percent, MoM

Manufactured products inflation at 2.86 percent versus 1.82 percent, MoM

Primary articles inflation at 2.21 percent versus 0.21 percent, MoM

#1 Q3 in-line with estimates, strong India, US & Brazil performance

#2 Expects Rs 400–450 crore cost synergies from JB Pharma merger

Torrent Pharmaceuticals was quoting at Rs 4,289.75, up Rs 215.70, or 5.29 percent.

It has touched a 52-week high of Rs 4,322.80.

It has touched an intraday high of Rs 4,322.80 and an intraday low of Rs 4,130.

It was trading with volumes of 55,099 shares, compared to its five day average of 14,696 shares, an increase of 274.92 percent.

#1 Margin improvement expected next quarter

#2 Volume growth to rebound to 10 percent from next fiscal year

Indraprastha Gas was quoting at Rs 170.10, up Rs 3.60, or 2.16 percent. It has touched an intraday high of Rs 172.40 and an intraday low of Rs 166.95. It was trading with volumes of 91,016 shares, compared to its five day average of 187,159 shares, a decrease of -51.37 percent. In the previous trading session, the share closed down 1.80 percent or Rs 3.05 at Rs 166.50.

The share touched a 52-week high of Rs 229.20 and a 52-week low of Rs 162.95 on 09 July, 2025 and 13 February, 2026, respectively. Currently, the stock is trading 25.79 percent below its 52-week high and 4.39 percent above its 52-week low. Market capitalisation stands at Rs 23,814.03 crore.

The initial public offering (IPO) for Aye Finance commenced trading on the Indian stock market today at INR 129, which is towards the upper end of the company’s IPO price range. However, the IPO has seen relatively low demand from investors and has only partially filled the available number of shares due to both the current volatility in global equity markets and the prevailing negative sentiment in the domestic IPO market at the time of the launch of this IPO.

Aye Finance is a non-bank financial company (NBFC) providing small business loans to underserved micro/small/medium-sized enterprises (MSMEs) across India. There are a number of positive factors such as the company’s diverse product portfolio, its technology-based credit assessment practices, and its geographic expansion that all provide a reasonable basis to believe that this company has the ability to continue to grow substantially within the next few years.

Aye Finance has experienced consistent growth in its assets under management (AUM) history, while at the same time, the company’s credit costs and operating expenses remain above average when compared to its peers.

Aye Finance’s credit costs and operating costs will therefore need to be continually monitored going forward, particularly in relation to the competitive pressures that other NBFCs and fintech companies will impose on this sector of the market over the next several years.

The company has a fairly balanced outlook, given the ongoing structural demand for credit from MSMEs in addition to the need for greater financial inclusion within India, assuming that appropriate credit practices and funding costs are utilized by Aye Finance over the next several years.

#1 Margin beat estimates by 455 bps at 24percent

#2 Expects 40 percent EPS CAGR over FY25–28 driven by strong T&D capex

Siemens Energy India was quoting at Rs 2,831.70, up Rs 92.80, or 3.39 percent. It has touched an intraday high of Rs 2,870 and an intraday low of Rs 2,768.30.

#1 Q3 results in-line with estimates

#2 Maintains FY26 guidance of 30percent sales growth & over 4percent EBITDA margin

#3 FY26 EPS cut by 11percent, FY27–28 raised by 1-3percent

Entero Healthcare Solutions was quoting at Rs 1,079.80, down Rs 74.75, or 6.47 percent.

It has touched an intraday high of Rs 1,188.10 and an intraday low of Rs 1,058.75.

It was trading with volumes of 13,568 shares, compared to its five day average of 3,845 shares, an increase of 252.84 percent.