Mid-day market check: SENSEX, NIFTY50 extend gains; NTPC, IRCTC, Network18, KEC International among buzzing shares

The Indian equity benchmarks extended gains in noon deals amid strong global cues. The SENSEX rose as much as 646 points and NIFTY50 index touched an intraday high of 25,231 powered by gains in HDFC Bank, Infosys, Reliance Industries, Bharti Airtel, Titan, Mahindra & Mahindra and Tata Consultancy Services. As of 1:07 pm, the SENSEX was up 634 points at 82,693 and NIFTY50 index advanced 178 points to 25,219.

Here are buzzing stocks on Wednesday:

The infrastructure firm bagged the order from a real estate developer for high-rise residential projects in Western India, which will involve the construction of over 50 lakh square feet of residential buildings along with associated facilities.

The RPG Group firm said this is its largest order in the building and factories (B&F) segment so far.

Texmaco Rail and Engineering, Titagarh Rail Systems, RailTel Corporation, Ircon International, IRCTC, Rail Vikas Nigam and IRFC shares rose in range of 1%-5%.

The Railway Ministry is considering increasing fares of non-AC class in Mail/Express trains by 1 paisa and all AC classes by 2 paise per kilometre from July 1, 2025, an officials told news agency Press trust of India.

As compared to the previous fare revisions in 2020 and 2013, the current increase will be the lowest, official said.

As per news reports, the central government is reportedly formulating a policy framework to enable the streamlined transfer of immovable assets, such as land and buildings, owned by telecom public sector undertakings (PSUs) like Bharat Sanchar Nigam Limited (BSNL), Mahanagar Telephone Nigam Limited (MTNL), and Indian Telephone Industries (ITI) to various ministries and departments.

Counters of NTPC witnessed 7.22 times higher volume than the daily average on Tuesday.

On the BSE, 74.25 lakh shares changed hands against an average of 2.92 lakh shares traded daily in the past two weeks.