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

Indian equity benchmark indices ended higher for the second consecutive session on February 17, with the Nifty closing above the 25,700 mark. At close, the Sensex was up 173.81 points or 0.21 percent at 83,450.96, and the Nifty was up 42.65 points or 0.17 percent at 25,725.40.

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.

On the weekly expiry session, the benchmark Nifty index closed at 25725, posting a modest gain of 0.17%. The index showcased high intraday swings and ultimately formed a bullish candle with upper and lower shadows on the daily chart—an indication of heightened volatility throughout the trading day. Despite these fluctuations, Nifty continues to hold firm above its key moving averages, reflecting underlying resilience in the market trend. However, momentum indicators and oscillators are signalling a phase of sideways movement.

Within the index constituents, Adani Enterprises and ITC emerged as the top gainers, providing notable support to the benchmark. On the other hand, Hindalco Industries and Eternal featured among the top laggards and weighed on sentiment.

From a sectoral standpoint, performance remained mixed. Nifty PSU Bank and Nifty IT indices led the rally, outperforming the broader market. In contrast, Nifty Metal and Nifty Realty slipped into negative territory, finishing as the major underperformers of the day.

The broader market too held its ground. Both Nifty Midcap 100 and Nifty Smallcap 100 closed in the green, extending their upward momentum. The Midcap index continues to trade comfortably above all its crucial moving averages, highlighting sustained buying interest. Meanwhile, the Smallcap index is positioned above its 20 day EMA, signalling near term strength within the broader market space.

Market breadth remained favourable, with the advance–decline ratio skewed toward gainers. Out of the Nifty 500 universe, 337 stocks ended the session on a positive note, underscoring widespread participation across sectors and market segments.

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, 25630–25600 will act as strong near-term support.

Bank Nifty View

Bank Nifty extended its strong outperformance in Tuesday’s session, closing near the 61200 mark with a gain of 0.37%. The index formed a bullish candle with a minor lower shadow on the daily chart, signalling continued buying interest at lower levels. With Bank Nifty hovering close to its all-time high, the overall structure remains decisively positive. All major moving averages are aligned upward, and momentum indicators continue to reflect a firm bullish undertone, reinforcing confidence in the ongoing trend.

From a technical perspective, the support base has now shifted higher. The immediate support zone lies in the 60800–60700 range, which is expected to act as a strong cushion during any intraday dips. As long as the index holds above 60700, the broader setup remains favourable for further upside. It is likely to test 61600, followed by 62100 level in the short term.

Today, the benchmark indices continued their positive momentum. The Nifty ended 43 points higher, while the Sensex was up by 174 points. Among sectors, PSU Banks was the top performer, rallying over 2.11 percent, whereas the Metal index lost the most, shedding over 1 percent.

Technically, after a gap-down open, the market took support near 25,600/83000 and bounced back sharply. On intraday charts, it is holding an uptrend continuation formation and also formed a bullish candle on daily charts, which is largely positive.

We are of the view that 25,600/83000 and 25,500/82700 remain the crucial support zones for traders. As long as the market is trading above these levels, the bullish momentum is likely to continue.

On the higher side, 25,800/83700 would act as an immediate resistance zone for the bulls. A successful breakout above 25,800/83800 could push the market towards 25,950-26,000/84200-84500. On the flip side, below 25,500/82700, the uptrend would become vulnerable.

Domestic markets traded in a range-bound manner, attempting to recover recent losses triggered by lingering concerns over AI-led disruptions. The IT sector, following a sharp correction, witnessed selective bottom-fishing, aided by announcements of strategic collaborations with global AI partners. Meanwhile, PSU banks outperformed the broader indices, supported by positive Q3 results and favourable regulatory tailwinds.

In the near term, sentiment is likely to remain cautious as investors monitor global developments around AI-driven shifts. However, a resilient GDP outlook, and a stabilising rupee may provide support to renewed FII inflows.

The index has continued its recovery but faced resistance near the 50DMA on the higher side. As a result, it may remain rangebound or witness a minor pullback, given the rejection at this critical moving average. The RSI has also entered a bearish crossover, indicating weakening momentum.

On the upside, resistance is placed at 25,800, above which the index could witness further strength. However, failure to move past 25,800 may trigger long unwinding, potentially dragging the index back toward the 25,500 level.

Indian rupee ended marginally lower at 90.68 per dollar on Tuesday versus previous close of 90.65.

Indian equity indices ended higher on the second consecutive session on February 17 with Nifty above 25,700.

At close, the Sensex was up 173.81 points or 0.21 percent at 83,450.96, and the Nifty was up 42.65 points or 0.17 percent at 25,725.40. About 2297 shares advanced, 1730 shares declined, and 142 shares unchanged.

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%.

GPT Infraprojects has received a contract in joint venture with Rail Vikas Nigam Limited (RVNL) wherein GPT Infraprojects' share is 40% ie Rs 480.54 Crore.

GPT Infraprojects was quoting at Rs 123.80, up Rs 1.40, or 1.14 percent.

It has touched an intraday high of Rs 131.70 and an intraday low of Rs 120.75.

It was trading with volumes of 17,609 shares, compared to its five day average of 63,729 shares, a decrease of -72.37 percent.

SRF was quoting at Rs 2,735.50, down Rs 112.90, or 3.96 percent.

It has touched an intraday high of Rs 2,883.35 and an intraday low of Rs 2,732.00.

It was trading with volumes of 17,225 shares, compared to its five day average of 12,527 shares, an increase of 37.51 percent.

Gold’s recent pullback is more short-term profit taking and repositioning, rather than a structural shift in bullish momentum. The medium-term outlook still supports the potential for gold to regain bullish momentum and move back towards its record highs if key macro drivers continue to be favourable.

Markets are increasingly pricing future monetary easing across major economies, and any clear indication towards rate cuts would lower real yields and weaken the opportunity cost of holding non-yielding assets like gold. Ongoing geopolitical tensions, elevated sovereign debt levels, and continued central-bank diversification into bullion provides ongoing demand.

There are some short-term hurdles that investors should be aware of. A prolonged period of higher-for-longer interest rates, a sustained dollar rally, or resilient economic data that delays easing could limit prices and keep gold range-bound.

For investors already holding gold, the current market favours a measured, rather than aggressive, approach. Gold continues to serve as an effective portfolio hedge against macro uncertainty and currency debasement, so maintaining a strategic allocation makes sense. Accumulation on dips, particularly when real yields spike or sentiment turns overly bearish, can improve positioning. Investors should avoid chasing rallies as this would expose them to unnecessary volatility.

Position sizing, staggered buying, and a medium-term view remain key, as gold’s primary drivers are now cyclical and policy-dependent rather than purely momentum-based.

Ola Electric Mobility was quoting at Rs 27.93, down Rs 0.90, or 3.12 percent.

It has touched a 52-week low of Rs 27.36.

It has touched an intraday high of Rs 28.65 and an intraday low of Rs 27.36.

It was trading with volumes of 12,034,985 shares, compared to its five day average of 5,971,817 shares, an increase of 101.53 percent.

This development is encouraging, as it suggests that next generation AI applications are unlikely to disrupt Indian IT companies’ business models to the extent initially feared. Instead, these solutions are expected to be incorporated into both existing and new projects, which should help ease concerns around long term business sustainability. That said, some uncertainties persist—particularly regarding how deal sizes and pricing may evolve, and the net impact on margins once employee cost efficiencies and productivity gains are balanced out.

While the sector’s outlook for FY27-28 appears muted compared with the strong performance of the past 2–3 years, this is getting reflected in current subdued valuations. At the same time, the environment is offering opportunities for long term investors to re enter the space, as more clarity is likely to emerge over the short to medium term.

Bajel Projects has executed a joint venture agreement with Al Sharif Contracting and Commercial Development Company based in Kingdom of Saudi Arabia (KSA) for setting up a joint venture entity in KSA to undertake EPC business for High Voltage, Extra High Voltage, Overhead Transmission Lines, Substations, underground cabling etc. Both parties will hold 50% stake in the proposed entity.

Bajel Projects was quoting at Rs 169.20, up Rs 9.75, or 6.11 percent.

It has touched an intraday high of Rs 169.20 and an intraday low of Rs 158.65.

It was trading with volumes of 6,680 shares, compared to its five day average of 36,158 shares, a decrease of -81.53 percent.

Kama Holdings Ltd. on February 17 said board approved to dispose of up to 3% share capital in its material subsidiary SRF Ltd. Kama Holdings is a promoter of SRF and post the sale, its shareholding in the latter would fall below 50%. This disposal is expected to be completed by March 31, 2027. Kama Holdings shares rose 6% while SRF fell 3%.

The sale transactions will be executed in open market, the promoter informed exchanges, and added that no promoter or member of promoter group or group company will be part of these transactions. As of December 31, promoter Kama Holdings held 50.21% stake in SRF.

Cochin Shipyard has been declared the L1 bidder by the Ministry of Defence for the construction of five Next Generation Survey Vessels (NGSV) for the Indian Navy. The estimated total order value is around Rs 5,000 crore.

Cochin Shipyard was quoting at Rs 1,530.80, up Rs 62.60, or 4.26 percent.

It has touched an intraday high of Rs 1,575.00 and an intraday low of Rs 1,520.20.

It was trading with volumes of 339,063 shares, compared to its five day average of 58,404 shares, an increase of 480.55 percent.

In the previous trading session, the share closed down 0.39 percent or Rs 5.75 at Rs 1,468.20.

The share touched a 52-week high of Rs 2,547.25 and a 52-week low of Rs 1,180.45 on 06 June, 2025 and 18 February, 2025, respectively.

Currently, the stock is trading 39.9 percent below its 52-week high and 29.68 percent above its 52-week low.

Market capitalisation stands at Rs 40,272.41 crore.

Maruti Suzuki India was quoting at Rs 15,191.95, up Rs 142.30, or 0.95 percent. It has touched an intraday high of Rs 15,210 and an intraday low of Rs 14,970. It was trading with volumes of 2,208 shares, compared to its five day average of 7,933 shares, a decrease of -72.17 percent.

In the previous trading session, the share closed down 1.17 percent or Rs 177.75 at Rs 15,049.65.

The share touched a 52-week high of Rs 17,371.60 and a 52-week low of Rs 11,072.20 on 05 January, 2026 and 07 April, 2025, respectively. Currently, the stock is trading 12.55 percent below its 52-week high and 37.21 percent above its 52-week low. Market capitalisation stands at Rs 477,638.82 crore.

Hindware Home Innovation was quoting at Rs 244.90, up Rs 6.55, or 2.75 percent.

It has touched an intraday high of Rs 246.30 and an intraday low of Rs 235.15.

It was trading with volumes of 1,098 shares, compared to its five day average of 103,878 shares, a decrease of -98.94 percent.

Indraprastha Gas was quoting at Rs 172.60, up Rs 1.45, or 0.85 percent.

It has touched an intraday high of Rs 173.50 and an intraday low of Rs 170.80.

It was trading with volumes of 66,567 shares, compared to its five day average of 205,674 shares, a decrease of -67.63 percent.

G R Infraprojects was quoting at Rs 982.40, up Rs 2.90, or 0.30 percent.

It has touched an intraday high of Rs 991.90 and an intraday low of Rs 972.25.

It was trading with volumes of 483,574 shares, compared to its five day average of 3,462 shares, an increase of 13,869.67 percent.

Shares of Newgen Software Technologies rose nearly 16% to Rs 535 apiece. Shares of the company rose Tuesday after falling for five consecutive sessions in which it shed nearly 18%.

The software company reported an over 23% sequential fall in its consolidated net profit to Rs 63 crore. The top line of the company fell marginally on a quarter-on-quarter basis to Rs 400 crore.

Shares of Texmaco Rail & Engineering rose over 11% to an intraday high of Rs 123.47 apiece on the NSE after the company bagged an order worth Rs 219 crore from Mumbai Rail Vikas Corp.

This order from Mumbai Rail Vikas Corp. is to design, supply, install, test, and commission signalling equipment or gears in connection with construction of the proposed line in Mumbai Suburban. "The work is to be completed within 36 months from issuance of Notice to Proceed," Texmaco Rail said in an exchange filing. The value of this contract is almost one-fifth of the company's Rs 1,041-crore revenue for the December quarter.

The company is in receipt of Letter of Acceptance for construction of four lane elevated corridor along East Coast Road (ECR) from design Chainage Km. 11+480 to Km. 11/800 (West Avenue Road) and upto Km. 24+780 (East Coast Road) Thiruvanmiyur to Uthandi in SH-49 on Hybrid Annuity Mode (HAM).

KNR Constructions was quoting at Rs 144.85, up Rs 7.50, or 5.46 percent.

It has touched an intraday high of Rs 147.90 and an intraday low of Rs 136.80.

It was trading with volumes of 48,123 shares, compared to its five day average of 42,272 shares, an increase of 13.84 percent.

Gold and silver traded on a softer note on 17 February, with prices consolidating after recent volatility as investors booked profits and reacted to a firmer US dollar and shifting interest-rate expectations from the US Federal Reserve. Safe-haven demand amid weakness in global equities and continued central-bank buying helped limit the downside.

In 2026, both metals are undergoing a volatile corrective phase after last year’s strong rally, though the broader multi-year bullish trend remains intact. MCX gold is consolidating around ₹1.55–1.58 lakh per 10g, while silver remains choppy near ₹2.41 lakh per kg, below earlier peaks.

The current weakness is largely seen as consolidation rather than a trend reversal. Investors may consider holding and rebalancing on dips, while fresh allocations should be staggered amid choppy market conditions.

Huhtamaki India was quoting at Rs 189.20, up Rs 8.60, or 4.76 percent.

It has touched an intraday high of Rs 193.95 and an intraday low of Rs 180.

It was trading with volumes of 8,549 shares, compared to its five day average of 12,269 shares, a decrease of -30.32 percent.

The Sensex was up 123.65 points or 0.15 percent at 83,400.80, and the Nifty was up 17.10 points or 0.07 percent at 25,699.85. About 2282 shares advanced, 1490 shares declined, and 137 shares unchanged.

#1 Q3 revenue Rs 3,020 crore (+8 percent YoY), adjusted PAT Rs 130 crore (+11 percent YoY) aided by higher other income

#2 Robust order book at Rs 1.3 lakh crore, Rs 30,500 crore currently under execution

#3 Rs 3,300 fresh orders in quarter sustain visibility

#4 Housing slowdown raises execution concerns, FY26–28 EPS cut by 7–13 percent accordingly

NBCC (India) was quoting at Rs 98.18, down Rs 1.69, or 1.69 percent.

It has touched an intraday high of Rs 99.93 and an intraday low of Rs 97.40.

It was trading with volumes of 930,423 shares, compared to its five day average of 722,152 shares, an increase of 28.84 percent.

Promoter Bharti Airtel has acquired an additional 12 lakh shares of Indus Towers. Since February 5, Bharti Airtel has cumulatively purchased 4.5 crore shares.

Post this Bharti Airtel’s shareholding in Indus Towers has risen to 51.18 percent, up from 51.03 percent as of December 2025.

The company has received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of Embassy Serenity, its first residential project in Alibaug within the Mumbai Metropolitan Region (MMR). This marks the company’s entry into the lifestyle and second-home segment.

The overall project spans approximately 0.2 million square feet of RERA carpet area, with an estimated gross development value (GDV) of Rs 400 crore.

Embassy Developments was quoting at Rs 64.63, up Rs 1.45, or 2.30 percent.

It has touched an intraday high of Rs 65.80 and an intraday low of Rs 63.55.

It was trading with volumes of 34,759 shares, compared to its five day average of 75,001 shares, a decrease of -53.66 percent.

The company has announced a strategic partnership with electric mobility startup RIDEV (ANV Web Ventures) to deploy 150 high-performance electric vehicles (EVs). The deployment is scheduled over the next three months across Northeast India, Bengaluru, and Hyderabad.

Delhivery was quoting at Rs 430.60, up Rs 12.05, or 2.88 percent. It has touched an intraday high of Rs 432.50 and an intraday low of Rs 416. It was trading with volumes of 96,152 shares, compared to its five day average of 32,308 shares, an increase of 197.61 percent.

#1 Valuations in value zone

#2 Key investor concerns: AI-led ADM disruption, SaaS irrelevance, margin compression

#3 Brokerage sees fears as oversimplifying IT services role

#4 Structural decline: 2–3 percent growth or decline, 6–7 percent revenue deflation, P/E 10–12x

#5 Data/AI Pivot: growth normalises, P/E Early-20s

#6 AI Orchestrator Model: Outcome-based model, higher multiples, margin nonlinearity

#7 Sector trading below 12-year average, 12–39 percent discount to 5-year average

#1 Mumbai–Pune expressway toll revenue +6 percent YoY in Q3 despite rains, other assets +4 percent YoY

#2 Target price trimmed due to lower EPC assumptions amid fewer construction-heavy wins

#3 Maintains strong competitive position as India’s leading toll-road platform

IRB Infrastructure Developers was quoting at Rs 42.45, up Rs 0.13, or 0.31 percent.

It has touched an intraday high of Rs 42.65 and an intraday low of Rs 41.90.

It was trading with volumes of 476,262 shares, compared to its five day average of 611,148 shares, a decrease of -22.07 percent.

In the previous trading session, the share closed down 3.75 percent or Rs 1.65 at Rs 42.32.

The share touched a 52-week high of Rs 54.38 and a 52-week low of Rs 38.57 on 10 June, 2025 and 21 January, 2026, respectively.

Currently, the stock is trading 21.94 percent below its 52-week high and 10.06 percent above its 52-week low.

Market capitalisation stands at Rs 25,635.56 crore.

Coromandel International was quoting at Rs 2,365.05, up Rs 76.00, or 3.32 percent.

It has touched an intraday high of Rs 2,380 and an intraday low of Rs 2,297.80.

It was trading with volumes of 11,128 shares, compared to its five day average of 16,957 shares, a decrease of -34.37 percent.

Indian rupee is trading lower at 90.76 per dollar against previous close of 90.65.

Allcargo Logistics has announced a focused expansion of its logistics network to support the fast-growing ecommerce and quick-commerce segments.

Allcargo Logistics was quoting at Rs 8.95, down Rs 0.02, or 0.22 percent.

It has touched a 52-week low of Rs 8.88.

It has touched an intraday high of Rs 9.05 and an intraday low of Rs 8.88.

It was trading with volumes of 548,235 shares, compared to its five day average of 350,348 shares, an increase of 56.48 percent.

The Department of Goods and Services Tax, Maharashtra has initiated a search operation at the Mumbai office of Medi Assist Insurance TPA, a material wholly-owned subsidiary of the company.

The proceedings are on-going and Medi Assist TPA is co-operating fully with the Department.

Medi Assist Healthcare Services was quoting at Rs 412, up Rs 15.55, or 3.92 percent.

It has touched an intraday high of Rs 412 and an intraday low of Rs 396.55.

It was trading with volumes of 72,715 shares, compared to its five day average of 55,852 shares, an increase of 30.19 percent.

Oil and Natural Gas Corporation was quoting at Rs 271.90, up Rs 0.30, or 0.11 percent.

It has touched an intraday high of Rs 273.35 and an intraday low of Rs 268.30.

It was trading with volumes of 374,357 shares, compared to its five day average of 772,815 shares, a decrease of -51.56 percent.

In the previous trading session, the share closed up 1.53 percent or Rs 4.10 at Rs 271.60.

The share touched a 52-week high of Rs 280.35 and a 52-week low of Rs 205.00 on 12 February, 2026 and 07 April, 2025, respectively.

Currently, the stock is trading 3.01 percent below its 52-week high and 32.63 percent above its 52-week low.

Market capitalisation stands at Rs 342,057.79 crore.

Indraprastha Gas was quoting at Rs 171.70, up Rs 0.55, or 0.32 percent.

It has touched an intraday high of Rs 172.30 and an intraday low of Rs 170.80.

It was trading with volumes of 32,728 shares, compared to its five day average of 205,674 shares, a decrease of -84.09 percent.

In the previous trading session, the share closed up 2.79 percent or Rs 4.65 at Rs 171.15.

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 25.09 percent below its 52-week high and 5.37 percent above its 52-week low.

Market capitalisation stands at Rs 24,038.03 crore.

Galaxy Surfactants was quoting at Rs 2,031.80, up Rs 141.55, or 7.49 percent. It has touched an intraday high of Rs 2,060.00 and an intraday low of Rs 1,889.20. It was trading with volumes of 2,698 shares, compared to its five day average of 916 shares, an increase of 194.48 percent.

In the previous trading session, the share closed up 3.08 percent or Rs 56.45 at Rs 1,890.25.

The share touched a 52-week high of Rs 2,750 and a 52-week low of Rs 1,800 on 30 July, 2025 and 02 February, 2026, respectively. Currently, the stock is trading 26.12 percent below its 52-week high and 12.88 percent above its 52-week low. Market capitalisation stands at Rs 7,203.70 crore.

#1 Sale of Nabha power to unlock Rs 26, paves way for special dividend

#2 Deal at Rs 3,660 crore equity vs Rs 3,800 crore SOTP, likely accounting profit as investment was marked down

#3 Exit from low-RoE asset strengthens path to 18 percent FY26 RoE target (versus 16 percent in FY25, 9.8 percent in FY21)

#4 Returning surplus cash should mechanically lift RoE and improve capital efficiency

Larsen & Toubro was quoting at Rs 4,241.40, up Rs 39.30, or 0.94 percent.

It has touched a 52-week high of Rs 4,254.

It has touched an intraday high of Rs 4,254 and an intraday low of Rs 4,189.50.

It was trading with volumes of 147,053 shares, compared to its five day average of 362,303 shares, a decrease of -59.41 percent.

The company’s FMCG subsidiary, Reliance Consumer Products, has signed a definitive agreement to form a majority-owned joint venture with Tropical General Investments (TGI) Group, a leading Nigerian business conglomerate. This partnership will significantly expand Reliance Consumer Products’ global footprint by establishing a strong presence in one of Africa’s largest consumer markets.

Reliance Industries was quoting at Rs 1,424.50, down Rs 11.90, or 0.83 percent. It has touched an intraday high of Rs 1,432.40 and an intraday low of Rs 1,418.80. It was trading with volumes of 107,446 shares, compared to its five day average of 708,305 shares, a decrease of -84.83 percent.

Highway Infrastructure has received the Letter of Acceptance (LOA) from the National Highways Authority of India (NHAI) for the operation, management, and maintenance of the Moti Naroli, Ena, and Gandevi Fee Plazas located along the Vadodara–Mumbai Expressway.

The LOA spans key tolling sections between Km 190.000 and Km 292.000 across Gujarat, covering multiple packages of the Eight-Lane access‑controlled corridor.

The awarded contract is valued at Rs 154.60 crores. As part of the mandate, HIL will manage toll collection at the Moti Naroli Fee Plaza and maintain all associated public amenities, including toilet blocks. The accepted daily remittance is ₹1.71 crores, and the duration of the contract for execution is 90 days.

Highway Infrastructure was quoting at Rs 57.89, up Rs 3.78, or 6.99 percent. It has touched an intraday high of Rs 59.90 and an intraday low of Rs 54.81.

Sterling Holiday Resorts announced the launch of Sterling Avante Mohali, expanding Sterling’s presence in North India with a hotel format designed for corporate travel, conferences, and celebration-led stays.

The Adani Group today announced a direct investment of USD 100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035.

Cochin Shipyard has been declared the L1 bidder by the Ministry of Defence for the construction of five Next Generation Survey Vessels (NGSV) for the Indian Navy. The estimated total order value is around Rs 5,000 crore.

Cochin Shipyard was quoting at Rs 1,537, up Rs 68.80, or 4.69 percent. It has touched an intraday high of Rs 1,575 and an intraday low of Rs 1,527.10. It was trading with volumes of 297,703 shares, compared to its five day average of 58,404 shares, an increase of 409.73 percent.

The pharmaceutical company has signed a licence and supply agreement with Spektus Pharma, a specialty pharmaceutical company, to commercialise the novel antidepressant DeslaFlex in Canada.

DeslaFlex is an innovative antidepressant formulation developed by Spektus using its proprietary Flexitab oral drug-delivery platform.

Lupin was quoting at Rs 2,248.50, up Rs 28, or 1.26 percent.

It has touched a 52-week high of Rs 2,261.95.

It has touched an intraday high of Rs 2,261.95 and an intraday low of Rs 2,230.

It was trading with volumes of 31,199 shares, compared to its five day average of 24,821 shares, an increase of 25.69 percent.

Rategain Travel Technologies was quoting at Rs 577.55, up Rs 38.05, or 7.05 percent.

It has touched an intraday high of Rs 589.05 and an intraday low of Rs 530.75.

It was trading with volumes of 25,445 shares, compared to its five day average of 18,551 shares, an increase of 37.16 percent.

In the previous trading session, the share closed down 1.66 percent or Rs 9.10 at Rs 539.50.

The share touched a 52-week high of Rs 740.20 and a 52-week low of Rs 365.00 on 07 October, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 21.97 percent below its 52-week high and 58.23 percent above its 52-week low.

Market capitalisation stands at Rs 6,822.26 crore.

Defense stocks have selectively come into the limelight lately, with companies involved in aircraft manufacturing, avionics, radar modules, UAVs, and related technologies gaining strength and attention since last week. Stocks such as HAL, BEL, and Bharat Forge have seen notable traction, with delivery volumes jumping nearly 100% above their key averages over the past two days.

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. Meanwhile, the shipbuilding segment has shown early signs of a reversal, but it may require broader participation before momentum builds further.

We will continue to ride stocks like HAL, BEL, and Bharat Forge, while keeping a close watch on Mazdock, GRSE, and Cochin Shipyard to capture emerging opportunities as they develop.

The company has received an order worth Rs 219.18 crore from Mumbai Railway Vikas Corporation for the design, supply, installation, testing, and commissioning of signalling equipment in connection with the construction of a proposed railway line in Mumbai Suburban under MUTP-IIIA.

Newgen Software Technologies was quoting at Rs 519.50, up Rs 56.75, or 12.26 percent.

It has touched a 52-week low of Rs 459.

It has touched an intraday high of Rs 523 and an intraday low of Rs 459.

It was trading with volumes of 2,022,608 shares, compared to its five day average of 109,463 shares, an increase of 1,747.75 percent.

Sterling and Wilson Renewable Energy was quoting at Rs 219.40, up Rs 17.25, or 8.53 percent. It has touched an intraday high of Rs 222.20 and an intraday low of Rs 202.40. It was trading with volumes of 236,412 shares, compared to its five day average of 40,859 shares, an increase of 478.60 percent.

In the previous trading session, the share closed up 3.19 percent or Rs 6.25 at Rs 202.15.

The share touched a 52-week high of Rs 348.90 and a 52-week low of Rs 176.65 on 12 June, 2025 and 30 January, 2026, respectively. Currently, the stock is trading 37.12 percent below its 52-week high and 24.2 percent above its 52-week low. Market capitalisation stands at Rs 5,123.69 crore.

The Sensex was up 271.67 points or 0.33 percent at 83,548.82, and the Nifty was up 47.25 points or 0.18 percent at 25,730. About 2239 shares advanced, 1397 shares declined, and 146 shares unchanged.

Vertoz through its WOS in the US, Vertoz Inc. has acquired Webimax LLC, USA. Webimax LLC is headquartered in New Jersey and consists of a team of top-notch Al-driven Marketing automation engineers.

NBCC (India) was quoting at Rs 98.20, down Rs 1.67, or 1.67 percent.

It has touched an intraday high of Rs 99.93 and an intraday low of Rs 97.40.

It was trading with volumes of 761,783 shares, compared to its five day average of 722,152 shares, an increase of 5.49 percent.

In the previous trading session, the share closed up 1.80 percent or Rs 1.77 at Rs 99.87.

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 24.81 percent below its 52-week high and 38.66 percent above its 52-week low.

Market capitalisation stands at Rs 26,514.00 crore.

SMS Pharmaceuticals was quoting at Rs 364.95, up Rs 24.25, or 7.12 percent.

It has touched a 52-week high of Rs 370.00.

It has touched an intraday high of Rs 370.00 and an intraday low of Rs 336.70.

It was trading with volumes of 30,184 shares, compared to its five day average of 13,061 shares, an increase of 131.10 percent.

The company has received a Letter of Acceptance (LoA) worth Rs 154.6 crore for operations at the Moti Naroli fee plaza in Gujarat. The Letter of Award (LoA) was issued by the National Highways Authority of India (NHAI).

The broader market held firm, with the Nifty Midcap 100 up around 0.2 percent and the Nifty Smallcap 100 gaining about 0.3 percent, suggesting improved participation beyond largecaps. Volatility eased meaningfully, with India VIX declining over 3 percent to near 12.9, signalling a moderation in near-term risk sentiment.

Sectoral trends remained mixed, with technology stocks leading the gains. The BSE IT index surged nearly 2.7 percent, while the BSE TECk index advanced over 1.7 percent, reflecting strong buying in frontline IT names. Consumer Durables, FMCG and Capital Goods also traded higher. In contrast, Metals slipped about 1.4 percent, and Oil & Gas and Energy indices fell close to 1 percent, indicating pressure in commodity-linked counters.

On the downside, Eternal fell over 2.4 percent, while metal names Hindalco Industries and Tata Steel declined more than 2 percent and 1.4 percent, respectively. Financial stock Shriram Finance also traded lower.

Buying in technology stocks gathered pace, with Infosys climbing over 3.5 percent to emerge as the top gainer on the Nifty. HCL Technologies gained more than 2 percent, while Wipro and Tata Consultancy Services also advanced firmly. Support was visible in ITC, Asian Paints, Bharat Electronics and Tech Mahindra, lifting the Nifty IT index sharply higher.

Fortis Healthcare was quoting at Rs 916.20, up Rs 0.60, or 0.07 percent.

It has touched an intraday high of Rs 929.20 and an intraday low of Rs 906.30.

It was trading with volumes of 18,527 shares, compared to its five day average of 113,592 shares, a decrease of -83.69 percent.

The company has signed a Memorandum of Understanding (MoU) with ALA Group, an Italy-based global aerospace and defence supply-chain integrator, to collaborate on opportunities in India’s rapidly expanding aerospace and defence sectors.

The aerospace and defence market in India is estimated at approximately $28 billion.

TVS Supply Chain Solutions was quoting at Rs 128.22, up Rs 2.75, or 2.19 percent.

It has touched an intraday high of Rs 134.00 and an intraday low of Rs 128.16.

It was trading with volumes of 449,448 shares, compared to its five day average of 82,870 shares, an increase of 442.35 percent.

Transport Corporation of India today announced that it is working together with FLYING WHALES and FLYING WHALES SERVICES its operation subsidiary, a French group that is developing, the LCA60T aeronautical program, a rigid cargo airship with a large payload capacity of 60 tons.

Transport Corporation of India was quoting at Rs 1,056.30, up Rs 11.45, or 1.10 percent.

It has touched an intraday high of Rs 1,068.75 and an intraday low of Rs 1,038.

Take Solutions was quoting at Rs 47.10, up Rs 0.56, or 1.20 percent.

It has touched an intraday high of Rs 48.60 and an intraday low of Rs 44.31.

It was trading with volumes of 46,311 shares, compared to its five day average of 28,955 shares, an increase of 59.94 percent.

Bartronics India has executed a definitive shareholders agreement with Shree NagaNarasimha Pvt. Ltd., operating under the AYOU brand, marking a strategic step in its expansion under Project AVIO Agritech. With the agreement now signed, completion of the  transaction is expected over the coming weeks, subject to transfer of funds and customary closing formalities.

Bartronics India was quoting at Rs 11.29, up Rs 0.07, or 0.62 percent.

It has touched an intraday high of Rs 12.11 and an intraday low of Rs 11.03.

It was trading with volumes of 709,457 shares, compared to its five day average of 792,743 shares, a decrease of -10.51 percent.

The Sensex was up 35.63 points or 0.04 percent at 83,312.78, and the Nifty was down 21.85 points or 0.09 percent at 25,660.90. About 2177 shares advanced, 1315 shares declined, and 154 shares unchanged.

Marine Electricals (India) has received orders totaling Rs 19.09 crores (excluding taxes) from Crescon Projects & Services. The orders pertain to the supply of power distribution unit. The delivery of these goods is scheduled to be completed over a period of 12 months.

Marine Electricals India was quoting at Rs 187.25, up Rs 0.32, or 0.17 percent.

It has touched an intraday high of Rs 188.76 and an intraday low of Rs 185.14.

It was trading with volumes of 73,653 shares, compared to its five day average of 251,967 shares, a decrease of -70.77 percent.

The company’s vessel, SEAMEC PRINCESS, has been charter-hired by Supreme Offshore Construction & Technical Services for operations in ONGC’s oilfields on the west coast of India. The vessel will carry out SAT diving and air diving jobs under a contract awarded by ONGC.

The total value of the contract is approximately US$ 0.46 million.

Seamec was quoting at Rs 1,394.60, up Rs 11.60, or 0.84 percent.

It has touched a 52-week high of Rs 1,446.80.

It has touched an intraday high of Rs 1,446.80 and an intraday low of Rs 1,388.60.

It was trading with volumes of 6,836 shares, compared to its five day average of 2,616 shares, an increase of 161.31 percent.

The company has received approval from the Maharashtra Real Estate Regulatory Authority (MahaRERA) for Phase I of Embassy Serenity, its first residential project in Alibaug within the Mumbai Metropolitan Region (MMR). This marks the company’s entry into the lifestyle and second-home segment.

The overall project spans approximately 0.2 million square feet of RERA carpet area, with an estimated gross development value (GDV) of Rs 400 crore.

Embassy Developments was quoting at Rs 64.23, up Rs 1.05, or 1.66 percent. It has touched an intraday high of Rs 65.80 and an intraday low of Rs 63.90. It was trading with volumes of 30,975 shares, compared to its five day average of 75,001 shares, a decrease of -58.70 percent.

The company has announced a strategic partnership with electric mobility startup RIDEV (ANV Web Ventures) to deploy 150 high-performance electric vehicles (EVs). The deployment is scheduled over the next three months across Northeast India, Bengaluru, and Hyderabad.

Delhivery was quoting at Rs 430.10, up Rs 11.55, or 2.76 percent.

It has touched an intraday high of Rs 430.60 and an intraday low of Rs 416.00.

It was trading with volumes of 52,606 shares, compared to its five day average of 32,308 shares, an increase of 62.83 percent.

#1 M&HCV demand supported by small fleet capacity additions & replacement cycle at large transporters

#2 Upside Risks: Industry upcycle, new engine launches, stable iveco performance, LCV recovery

#3 Valuations remain at discount to Ashok Leyland & PV-focussed peers

Tata Motors was quoting at Rs 483.45, up Rs 4.65, or 0.97 percent.

It has touched an intraday high of Rs 486.75 and an intraday low of Rs 480.85.

It was trading with volumes of 191,787 shares, compared to its five day average of 1,059,516 shares, a decrease of -81.90 percent.

Zydus Lifesciences has launched PEPAIRTM, India’s first affordable Oscillating Positive Expiratory Pressure (OPEP) device featuring a 3-resistance system designed to help clear congestion and support effective mucous clearance and improve breathing in patients with COPD, Asthma, and Bronchiectasis.

Zydus Lifesciences was quoting at Rs 911.05, up Rs 1.05, or 0.12 percent.

It has touched an intraday high of Rs 913.90 and an intraday low of Rs 901.60.

It was trading with volumes of 1,964 shares, compared to its five day average of 45,490 shares, a decrease of -95.68 percent.