NIFTY50 above 25,700, SENSEX gains 250 pts in noon deals; L&T, Infosys, Ola Electric among buzzing stocks

The Indian benchmark indices, SENSEX and NIFTY50, rallied during Tuesday’s afternoon session, bolstered by gains in IT and PSU bank stocks. Investor sentiments were also high as French President Emmanuel Macron arrived in Mumbai for the AI summit and bilateral talks in India.

The SENSEX advanced as much as 601.46 points to an intraday high of 83,588.89. Meanwhile, the NIFTY50 touched the session’s high of 25,753.85, recovering from the day’s low of 25,570.30.

At 12:33 PM, the S&P BSE SENSEX soared by 249.88 points, or 0.30%, to 83,527.02, while NSE’s NIFTY50 stood at 25,734.05, marking a 51.30 points, or 0.20% jump.

On Monday, the foreign institutional investors (FIIs) sold stocks worth ₹972.13 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹1,666.98 crore on a net basis, according to exchange data.

The NIFTY50 index was bolstered by buying in Infosys (4.66%), HCL Technologies (3.04%), Wipro (2.46%), ITC (2.26%) and Tech Mahindra (2.14%), which were among the top winners.

On the other hand, the top losers included Kwality Wall's (-4.49%), Eternal (-2.49%), Trent (-1.92%), Hindalco Industries (-1.89%) and Shriram Finance (-1.81%).

Buzzing stocks on February 17: Check list

The Indian IT firm collaborated with Anthropic to develop and deliver advanced enterprise AI solutions to companies across telecommunications, financial services, manufacturing, and software development.

At its core, the collaboration integrates Anthropic's Claude models, including Claude Code, with Infosys Topaz AI offerings to help enterprises automate complex workflows, accelerate software delivery, and adopt AI with the governance and transparency that regulated industries require.

The stock of Highway Infrastructure gained as much as 11.63% to the day’s peak of ₹60.47 per unit, after it bagged an order worth ₹154.6 crore from the National Highways Authority of India (NHAI) for operations at Moti Naroli Fee Plaza in the state of Gujarat.

Fresh selloff in its shares came after the company reported another quarter of losses in the December quarter.

Ola Electric reported that its net loss narrowed to ₹487 crore during the October-December period from a loss of ₹564 crore it had reported in the same period last year.

Its consolidated revenue from operations also saw a decline as it came in at ₹470 crore in Q3FY26, reflecting a 55.02% YoY decline from ₹1,045 crore in the year-ago period.

NPL is a wholly-owned subsidiary of LTPDL, and the transaction is subject to requisite regulatory approvals. Given NPL’s long-term power purchase agreement and stable operating performance, the divestment is a value-driven monetisation exercise. The transaction is aligned with L&T’s broader strategy to exit the development projects business.

The expected date for completion of the sale of NPL is on or before June 30, 2026. L&T said that it would receive ₹3,660.87 crore upon the sale of the entity.

Texmaco Rail & Engineering stock surged as much as 11.01% to an intraday high of ₹123.47 per equity share, as it bagged an order worth ₹219.18 crore from the Mumbai Railway Vikas Corporation Ltd.

The order was awarded for the design, supply, Installation, yesting and commissioning of signalling equipments or gears in connection with the construction of proposed line in Mumbai Suburban under (MUTP-IIIA).

The work is to be completed within 36 months from issuance of Notice to Proceed, as per the regulatory filing on Monday.

Shares of Cochin Shipyard rallied as much as 7.15% to hit a high of ₹1,574.50 apiece on the NSE, following its business update on Monday, after market hours.

In its filing to stock exchanges, Cochin Shipyard said that at the meeting held on Monday at the Ministry of Defence, New Delhi, Cochin Shipyard Limited (CSL) has been declared as L1 in the tender floated by the Ministry of Defence for the construction of 5 nos. of Next Generation Survey Vessels (NGSV) for the Indian Navy. The estimated total order value is around ₹5,000 crore.

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