Nifty Ends Above 25,700; Sensex Gains 174 Points on IT, PSU Bank Buying
- 17th February 2026
- 05:00 PM
- 2 min read
Summary
Indian equity benchmarks extended gains for a second straight session on February 17. The Nifty reclaimed the 25,700 mark, while the Sensex rose 174 points, supported by buying in IT, PSU banks and FMCG stocks.Mumbai | February 17
Indian equity markets closed higher for the second consecutive session, backed by steady buying in banking, IT and FMCG stocks.
Markets opened lower but recovered quickly as early losses were absorbed. The indices traded rangebound in the first half before fresh buying interest in the afternoon session pushed benchmarks higher.
The Sensex rose 173.81 points, or 0.21%, to settle at 83,450.96. The Nifty 50 gained 42.65 points, or 0.17%, to close at 25,725.40 after touching an intraday high of 25,764.40.
The Nifty Bank advanced 225 points to finish at 61,174.
Broader markets outperformed. The Nifty Midcap 150 index rose 0.3%, while the Smallcap index gained 0.5%, indicating improved risk appetite beyond frontline stocks.
On the sectoral front, the PSU Bank index led the gains, rising 2.1%, while IT and FMCG indices advanced around 1% each. Media stocks gained 0.6% and auto added 0.5%, reflecting broad-based buying across key sectors. However, profit booking was visible in select pockets, with the Metal index declining 1% and Realty slipping 0.3%.
Nifty Gainers and Losers
Among the top gainers on the Nifty were Adani Enterprises, ITC, Bharat Electronics, Infosys and Larsen & Toubro.
On the losing side, Eternal, Trent, Hindalco Industries, Reliance Industries and Tata Steel ended lower.
Stocks in Focus
Infosys rose 2% after announcing a collaboration with Anthropic.
Adani Group stocks gained after flagship Adani Enterprises said the group plans to invest $100 billion by 2035 to build renewable energy-powered, AI-ready data centres.
Fractal Analytics climbed over 4% after PL Capital initiated coverage with a ‘Buy’ rating, citing strong growth visibility in AI-led analytics.
SRF fell nearly 4% after promoter Kama Holdings announced plans to sell up to a 3% stake in the open market.
Cochin Shipyard gained 3.7% after securing a ₹5,000 crore project, while Texmaco Rail advanced on fresh order wins.
Delhivery added 4% after announcing a partnership focused on electric vehicle deployment.
KNR Construction surged 6% after winning an order worth ₹2,163 crore.
For live market updates and stock-specific developments, follow PL Capital.
