SENSEX jumps 323 pts, NIFTY50 above 25,500 in noon deals; Kwality Wall’s, Ola Electric among buzzing stocks

Benchmark indices, SENSEX and NIFTY50, were trading in the positive territory during the trading session on Monday, February 16, bolstered by buying in CPSE and energy stocks.

The SENSEX advanced by as much as 355.95 points to an intraday high of 82,982.71, while the NIFTY50 touched the session’s high of 25,587.85.

At 12:30 PM, the S&P BSE SENSEX gained by 323.13 points, or 0.39%, to 82,949.89. NSE’s NIFTY50 stood at 25,578.85, reflecting a 107.75 points, or 0.42% jump.

On Friday, the foreign institutional investors (FIIs) sold stocks worth ₹7,395.41 crore, while the domestic institutional investors (DIIs) purchased equities worth ₹5,553.96 crore on a net basis, according to exchange data.

The NIFTY50 index was supported by gains in Power Grid Corporation of India (3.78%), Coal India (3.06%), HDFC Bank (2.42%), Max Healthcare Institute (1.94%) and Kwality Wall's (1.78%), which were among the top winners.

On the other hand, Infosys (-1.62%), Tech Mahindra (-1.53%), Maruti Suzuki India (-1.51%), Jio Financial Services (-1.42%) and Bajaj Finance (-1%) were among the top losers.

Buzzing stocks on February 16: Check list

Shares of Hindustan Unilever’s (HUL) ice cream arm, Kwality Wall’s Industries, debuted on the bourses, the National Stock Exchange (NSE) and the BSE at a discount on Monday, February 16.

The stock started trading at a 25.87% discount at ₹29.80 per equity share on the NSE, compared to its adjusted price of ₹40.20 per unit. On the BSE, the scrip debuted at ₹29.90 apiece, reflecting a 21.6% discount from its adjusted price of ₹38.15 per share. In a regulatory filing on Monday, Kwality Wall’s informed the exchanges that Magnum Ice Cream Company made an open offer for the acquisition of 61.08 crore fully paid-up equity shares with a face value of ₹1 each, representing 26% of the voting share capital of the company, aggregating to a total cash consideration of ₹1,303 crore.

The offer was made by the “Magnum Ice Cream Company HoldCo 1 Netherlands B.V. (acquirer), along with Magnum ICC Finance B.V. (PAC 1) and The Magnum Ice Cream Company N.V. (PAC 2) (PAC 1 and PAC 2, collectively PACs), in their capacity as the persons acting in concert with the acquirer (Open Offer or Offer).”

Hindustan Copper stock declined as much as 3.94% to hit the day’s low of ₹568.30 apiece on the NSE, as the Jharkhand government has issued a demand notice of over ₹929 crore to the company for allegedly producing without valid statutory clearances.

In an exchange filing on Friday post-market hours, the company said the demand notice for recovery of compensation has been issued by the office of the District Mining Office (DMO), East Singhbhum, Jamshedpur, under the Department of Mines and Geology, Government of Jharkhand.

Sharing details, the company said, "The demand notice for recovery of compensation amounting to ₹929,40,06,242 has been issued by the DMO, Jamshedpur, alleging production from Surda mine without valid statutory clearances or in excess of permissible limits..."

The company has denied the allegations and said it was taking legal action in this regard. The impact on financials, operations, or other activities of the company will be limited to the extent of the final order, Hindustan Copper said.

Shares of capital market entities, including BSE, Angel One, Groww, and others, nosedived in the early trade on Monday, February 16, following the latest rules by the Reserve Bank of India (RBI) for capital market intermediaries.

RBI last week tightened rules for loans taken by firms that undertake proprietary trading in shares and commodities and offer leverage to clients, the latest measure aimed at reducing speculative market activity in the country.

Proprietary trading (prop trading) is when a financial institution trades its own money in stocks, bonds, currencies, commodities, or derivatives to earn profits—instead of trading on behalf of clients.

All credit facilities to securities firms will have to be backed by collateral, while lending for trading on their own account or investments by brokers will be prohibited, according to a statement published on the Reserve Bank of India’s website late Friday.

The so-called prudential rules for capital market intermediaries such as stock and commodity brokers will come into effect from April 1, the central bank said.

The stock of Ola Electric Mobility plunged as much as 7.06% to a 52-week low of ₹28.71 apiece on the NSE, after it reported that its consolidated net loss narrowed to ₹487 crore for Q3FY26, compared to a loss of ₹564 crore it logged in the year-ago period.

Its consolidated revenue from operations stood at ₹470 crore in Q3FY26, reflecting a 55.02% YoY decline from ₹1,045 crore in the year-ago period. It posted total deliveries of 32,680 units in the third quarter ended December 31, 2025.

Shares of Natco Pharma rallied as much as 13.13% to hit an intraday high of ₹932 on the NSE on Monday, after the company on Saturday announced that it has received approval from the Central Drugs Standard Control Organisation (CDSCO) for Semaglutide in India.

"Natco Pharma("NATCO") received approval for Semaglutide from CDSCO to manufacture and market generic Semaglutide Injection in India. NATCO will launch the product in the Indian market in March’26," the Hyderabad-based drug maker said in a regulatory filing.

Semaglutide is indicated for the treatment of adults with insufficiently controlled type 2 diabetes mellitus as an adjunct to diet and exercise.

Shares of Fractal Analytics started trading at ₹876 per share on the NSE on Monday, February 16. This reflects a discount of 2.67% against the issue price of ₹900 per equity share.

A lot consisted of 16 shares. Investors who received Fractal Analytics IPO allotment saw their investment value drop to ₹14,016 per lot.

The company sought to raise ₹2,833.90 crore via a fresh issuance of shares aggregating to ₹1,023.50 crore and an offer for sale (OFS) component of ₹1,810.40 crore.