SENSEX flat, NIFTY50 below 25,750 in noon deals; Dabur, Ola Electric, Adani Ports among buzzing stocks

The Indian benchmark indices, SENSEX and NIFTY50, were trading flat with a negative bias during the afternoon session on Wednesday, February 18, amid renewed sell-off in IT stocks.

The NIFTY50 slumped to an intraday low of 25,645.15, while the SENSEX dropped as much as 287.34 points to reach the session’s low of 83,163.62.

At 12:24 PM, the S&P BSE SENSEX declined by 11.94 points, or 0.01%, to 83.439.02. Meanwhile, NSE’s NIFTY50 was trading at 25,720.65, marking a 4.75 points, or 0.02% fall.

On Tuesday, the foreign institutional investors (FIIs) purchased shares worth ₹995.21 crore, while the domestic institutional investors (DIIs) bought equities worth ₹187.04 crore on a net basis, according to exchange data.

The NIFTY50 index was weighed down by selling in the shares of Eternal, which lost 2.40%. Tech Mahindra (-2.21%), Wipro (-2.15%), Infosys (-1.52%) and Adani Enterprises (-1.44%) were among the top losers trailing Eternal.

Conversely, the top gainers pack included Kwality Wall’s (4.97%), Tata Steel (3.15%), ITC (1.63%), Grasim Industries (1.14%) and HDFC Life Insurance Company (1.06%).

Buzzing stocks on February 18: Check list

Shares of Adani Ports and Special Economic Zone (APSEZ) were trading in the red on Wednesday, February 18, despite announcing that it signed a memorandum of understanding (MoU) with France’s Port Marseille Fos.

The partnership will focus on promoting the IMEC route, and technical exchange and capacity building in port digitalisation, smart-port platforms, data interoperability, cybersecurity, alternative fuels, shore power supply and low-carbon bunkering.

Furthermore, developing the Mundra–Marseille Fos Green Maritime corridor, along with co-founding an India–Middle East–Europe Economic Corridor (IMEC_ Ports Club, will also be the focal point for the partnership.

Ola Electric Mobility stock rose as much as 4.9% to the high of ₹29.35 per equity share on the National Stock Exchange (NSE), following the company's statement on Tuesday.

Additionally, the Hon’ble Court observed that the Commission exceeded its jurisdiction under the Consumer Protection Act in issuing the warrant.

"The company requests that due note be taken of the aforesaid factual legal position," the statement added.

It has elevated the incumbent, Mohit Malhotra, as global CEO of the company, as per the regulatory filing by the Burman family-promoted entity.

Bhalla’s appointment will be effective from April 15, 2026, or such other date as may be agreed between them, and he will report to Malhotra, Dabur said.

Malhotra’s redesignation as Whole Time Director and Global Chief Executive Officer is with immediate effect from Tuesday.

The stock of Eternal, parent company of Zomato, fell as much as 2.66% to an intraday low of ₹274 per equity share on the NSE.

The collaboration, which also covers Eternal's Feeding India initiative and AI-native venture Nugget, will focus on AI deployments across Eternal's apps and underscores the growing role of AI in India's digital commerce sector.

NDL Ventures shares rallied as much as 19.99% to a 52-week high of ₹116.98 apiece, as the competition regulator, the Competition Commission of India (CCI), cleared the proposed merger of Hinduja Leyland Finance Limited with the company.

In a release on February 17, CCI said it has greenlit the proposed combination that seeks the merger and consolidation of the businesses of Hinduja Leyland Finance with and into NDL Ventures.

Currently, NDL Ventures Ltd does not have any active business.

Dilip Buildcon stock gained as much as 6.14% to an intraday high of ₹461.65 per equity share, on emerging as the lowest (L1) bidder for a ₹702 crore tender floated by the Narmada Water Resources Water Supply & Kalpasar Department, Government of Gujarat.

Under the general contract, the Bhopal-based firm is expected to execute the project in 24 months in Engineering, Procurement and Construction (EPC) mode.

Shares of Netweb Technologies zoomed as much as 14.08% to the day’s peak of 3,535 apiece, as the company said it has launched ‘Make in India’ AI Supercomputing Systems Powered by NVIDIA Sovereign AI Development.

In its press release on Wednesday, Netweb said the company has "powered a new era of computing in India by introducing one of the world’s most powerful AI infrastructure solutions – a ‘Make in India’ AI supercomputer, the Tyrone Camarero GB200 system – and the petascale personal compute system, the Tyrone Camarero Spark."