The Indian stock market ended Tuesday’s session, February 17, with modest gains, as strong advances in technology and FMCG stocks were partially offset by weakness in metals and realty.
The Nifty 50 rose 0.17% to close at 25,732, while the S&P BSE Sensex ended 0.19% higher at 83,434 compared with the previous close.
The broader markets also closed in the green, with the Nifty Midcap 100 gaining 0.20% and the Nifty Smallcap 100 outperforming with a 0.52% rise.
Tech stocks staged a solid comeback during the session, snapping their recent weakness, led by a 3% jump in Infosys after the company announced a collaboration with Anthropic to unlock value in artificial intelligence across complex, regulated industries.
A 2.4% rise in heavyweight ITC also supported market gains. Meanwhile, Adani Enterprises closed 3% higher after announcing plans for a $100 billion direct investment to build sovereign, renewable-energy-powered AI infrastructure in India by 2035.
On the sectoral front, the Nifty PSU Bank index led the gainers with a 2.23% surge, followed by the Nifty IT index, which rose 1%. Other gainers included Nifty FMCG, Nifty Media, and Nifty Auto, which advanced 0.85%, 0.65%, and 0.50%, respectively.
On the losing side, the Nifty Metal index was the top laggard, falling 1%, while Nifty Realty declined 0.41%.
