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Informist, Tuesday, Feb. 17, 2026

 

By Eshitva Prakash

 

MUMBAI – Benchmark indices ended slightly higher Tuesday as investors covered their short positions on the expiry of Nifty 50's weekly derivatives contract. Information technology companies staged a rebound after taking a beating in the previous four sessions as key artificial intelligence partnerships and investment announcements soothed concerns about AI tools hurting sales of domestic IT players. A fall in industrial and precious metal prices shook stocks of metal companies, while a rise in public sector banks supported the indices.

 

The Nifty 50 settled at 25725.40 points, up 42.65 points or 0.2%. The BSE Sensex ended 173.81 points or 0.2% higher at 83450.96 points. Adani Enterprises rose the most among the Nifty 50 stocks after the group said it will make a direct investment of $100 billion to develop renewable energy-powered, hyperscale artificial intelligence-ready data centres by 2035. Adani Enterprises said this investment is expected to activate an additional investment of $150 billion by 2035. Shares of Adani Enterprises and Adani Ports and Special Economic Zone ended nearly 3% and 2% higher, respectively.

 

Information technology companies ended higher after falling for four straight sessions, buoyed by the deal between Infosys and Anthropic. Infosys has partnered with US-based Anthropic to develop AI solutions, which helped its stock rise almost 2%. Anthropic's new AI tools for its Claude AI platform released in January sent shock waves through shares of traditional software makers globally, as investors feared a hit to the earnings of traditional software makers.

 

"This development (Infosys-Anthropic deal) is encouraging, as it suggests that next-generation AI applications are unlikely to disrupt Indian IT companies' business models to the extent initially feared," Vinod Nair, head of research at Geojit Investments, said. "These solutions are expected to be incorporated into both existing and new projects, which should help ease concerns around long-term business sustainability," he added.

 

AI services could unlock $300 billion to $400 billion in business opportunity by 2030 for Infosys, Salil Parekh, the company's chief executive officer, said at Infosys Investor AI Day. Shares of other IT majors such as Wipro, HCL Technologies, Tata Consultancy Services, and Tech Mahindra ended with gains of around 1%. 

 

Shares of cigarette manufacturer ITC ended over 2% higher at INR 325 and those of Godfrey Phillips India advanced 2.5% to INR 51.20. B&K Securities said that ITC has taken a steep price hike across key categories which will help offset the impact of excise duty hike and boost its earnings before interest and tax per stick, according to a social media post by NDTV Profit. "The short-term outlook for ITC looks good on technical charts, but the stock will see more buying momentum only when it can sustain a rise above INR 330 in the near term," said Rupak De, technical analyst at LKP Securities.

Shares of most metal companies ended lower, with Hindalco Industries, Hindustan Copper, Steel Authority of India, and Tata Steel closing 1-4% lower, tracking fall in prices of industrial and precious metals. A week-long holiday on the Shangai Futures Exchange led to thin trading volumes, analysts said. Investors in Shanghai had been pushing commodity prices higher recently and their absence was an important reason for the fall in industrial and precious metal prices. This had a cascading impact on Indian metal stocks. Short-term profit booking ahead of the Lunar New Year holidays in Asia was also a reason for the fall, said Ajay Kedia, founder and director of Kedia Advisory. Steel prices were lower due to rise in coking coal prices, analysts added.

 

Shares of public sector banks such as Bank of Baroda, Punjab National Bank, and Indian Bank ended 3.5-4.0% higher. State Bank of India rose 0.4%. All constituents of the Nifty PSU Bank index ended higher, and the sectoral index ended over 2% higher.

 

Ola Electric Mobility ended 3% lower after global brokerage Citi downgraded the stock to 'sell' from 'buy' and cut its earlier target price by 51% to INR 27, NDTV Profit reported. The brokerage said electric vehicle penetration in the Indian two-wheeler sector has been more sluggish than previously expected, which has put downside pressure on Ola Electric's sales, according to the report. The recent cut in goods and services tax has further slowed electrification, with Ola Electric Mobility losing significant market share due to service issues, high competition, and adverse customer perception, Citi said.

 

Kama Holdings ended 4.3% higher on the BSE after the company's board approved stake sale of up to 3% in its arm SRF, a chemical manufacturing company. Shares of SRF closed 4% lower.

 

Shares of Cochin Shipyard ended almost 4% higher after the company was named the lowest bidder for an INR-50-billion order from the Ministry of Defence. The order is to build five next-generation survey vessels for the Indian Navy. This contract's value is almost four times its top line for the December quarter. Shares of Texmaco Rail & Engineering ended over 4% higher after the company bagged an order worth INR 2.19 billion from Mumbai Rail Vikas Corp. Before this sharp rise Tuesday, the stock had declined 8.5% in five consecutive sessions.

 

HFCL ended 4.5% higher after the company, along with its subsidiary, secured orders worth INR 609.50 million to supply optical fibre cables to a leading private telecom service provider in India. Shares of TVS Supply Chain Solutions closed over 1% higher after the company, post market hours Monday, said it has signed a memorandum of understanding with Italy-based ALA Group to collaborate on aerospace and defence sectors in India.

 

* Of the Nifty 50 stocks, 27 rose and 23 fell

* Of the Sensex stocks, 18 rose and 12 fell

* On the NSE, 1,932 stocks rose, 1,217 fell, and 102 were unchanged

* On the BSE, 2,447 stocks rose, 1,756 fell, and 163 were unchanged

* Nifty PSU Bank: up 2.1%; Nifty IT: up 1%; Nifty Metal: down 1.1%

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BSE                                                 NSE

Sensex: 83450.96, up 173.81 points or 0.2%          Nifty 50: 25725.40, up 42.65 points or 0.2%

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S&P BSE Sensitive Index	Nifty 50
Lifetime High: 86159.02 (Dec. 1, 2025)	: Lifetime High: 26373.20 (Jan. 5, 2026)
Record Close High: 85836.12 (Sept. 26, 2024)	: Record Close High: 26328.55 (Jan. 2, 2026)
2026 1st day close: 85188.60 (Jan. 1)	: 2026 1st day close: 26146.55 (Jan. 1)
2026 Closing High: 85762.01 (Jan. 2)	: 2026 Closing High: 26328.55 (Jan. 2)
2026 Closing Low: 80722.94 (Feb. 1)	: 2026 Closing Low: 24825.45 (Feb. 1)
2026 High (intraday): 85883.50 (Jan. 5)	: 2026 High (intraday): 26373.20 (Jan. 5)
2026 Low (intraday): 79899.42 (Feb. 1)	: 2026 Low (intraday): 24571.75 (Feb. 1)
2025 1st day close: 78507.41 (Jan. 1)	: 2025 1st day close: 23742.90 (Jan. 1)
2025 Closing High: 85720.38 (Nov. 27)	: 2025 Closing High: 26215.55 (Nov. 27)
2025 Closing Low: 72989.93 (Mar. 4)	: 2025 Closing Low: 22082.65 (Mar. 4)
2025 High (intraday): 86159.02 (Dec. 1)	: 2025 High (intraday): 26325.80 (Dec.1)
2025 Low (intraday): 71425.01 (Apr. 7)	: 2025 Low (intraday): 21743.65 (Apr. 7)
2024 1st day close: 72271.94 (Jan. 1)	: 2024 1st day close: 21741.90 (Jan. 1)
2024 Closing High: 85836.12 (Sept. 26)	: 2024 Closing High: 26216.05 (Sept. 26)
2024 Closing Low: 70370.55 (Jan. 23)	: 2024 Closing Low: 21238.80 (Jan. 23)
2024 High (intraday): 85978.25 (Sep. 27)	: 2024 High (intraday): 26277.35 (Sept. 27)
2024 Low (intraday): 70001.60 (Jan. 24)	: 2024 Low (intraday): 21137.20 (Jan. 24)
2023 1st day close: 61167.79 (Jan. 2)	: 2023 1st day close: 18197.45 (Jan. 2)
2023 Closing High: 72410.38 (Dec. 28)	: 2023 Closing High: 21778.70 (Dec. 28)
2023 Closing Low: 59288.35 (Feb. 27)	: 2023 Closing Low: 17311.80 (Oct. 17)
2023 High (intraday): 72484.34 (Dec. 28)	: 2023 High (intraday): 21801.45 (Dec. 28)
2023 Low (intraday): 58699.20 (Jan. 30)	: 2023 Low (intraday): 17098.55 (Jan. 17)
2022 1st day close: 59183.22 (Jan. 3)	: 2022 1st day close: 17625.70 (Jan. 3)
2022 Closing High: 63284.19 (Dec. 1)	: 2022 Closing High: 18812.50 (Dec. 1)
2022 Closing Low: 51360.42 (Jun. 17)	: 2022 Closing Low: 15293.50 (Jun. 17)
2022 High (intraday): 63583.07 (Dec. 1)	: 2022 High (intraday): 18887.60 (Dec. 1)
2022 Low (intraday): 50921.22 (Jun. 17)	: 2022 Low (intraday): 15183.40 (Jun. 17)
2021 Closing High: 61305.95 (Oct. 14)	: 2021 Closing High: 18338.55 (Oct. 14)
2021 Closing Low: 46285.77 (Jan. 29)	: 2021 Closing Low: 13634.60 (Jan. 29)
2021 High (intraday): 61353.25 (Oct. 14)	: 2021 High (intraday): 18350.75 (Oct. 14)
2021 Low (intraday): 46160.46 (Jan. 29)	: 2021 Low (intraday): 13596.75 (Jan. 29)
2020 Closing High: 47751.33 (Dec. 31)	: 2020 Closing High: 13981.95 (Dec. 30)
2020 Closing Low: 25981.24 (Mar. 23)	: 2020 Closing Low: 7610.25 (Mar. 23)
2020 High (intraday): 47896.97 (Dec. 31)	: 2020 High (intraday): 14024.85 (Dec. 31)
2020 Low (intraday): 25638.90 (Mar. 24)	: 2020 Low (intraday): 7511.10 (Mar. 24)
2019 High (intraday): 41809.96 (Dec. 20)	: 2019 High (intraday): 12293.90 (Dec. 20)
2019 Low (intraday): 35287.16 (Feb. 19)	: 2019 Low (intraday): 10583.65 (Jan. 29)
2018 High (intraday): 38938.91(Aug. 28))	: 2018 High(intraday): 11760.20 (Aug. 28)
2018 Low (intraday): 32483.8 (Mar. 23)	: 2018 Low (intraday): 9951.9 (Mar. 23)
2017 High (intraday): 34005.37 (Dec. 26)	: 2017 High(intraday): 10515.10 (Dec. 26)

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End

 

Edited by Ashish Shirke

 

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