Quote on Market by Vinit Bolinjkar, Head of Research, Ventura
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Below the Quote on Market by Vinit Bolinjkar, Head of Research, Ventura
IT Index Outperforms as Infosys Rallies on AI Expansion: The Indian stock market is trading in the green today, February 17, 2026, with the Nifty 50 at 25,697.40 (up 0.06%) and the Sensex at 83,389.19 (up 0.13%) as of mid-afternoon. The IT sector is the primary driver of this positive sentiment, with the Nifty IT index surging over 2%.
Infosys is the standout performer among IT stocks today, gaining 2.28% to trade at INR 1,396.80. The stocks’ rally is largely attributed to the company's announcement of a strategic collaboration with Anthropic to develop enterprise-focused AI solutions using the Claude models
Key Market Insights
* Sector Performance: While IT and PSU Banking stocks have advanced by 2–3%, the metal sector is under pressure, falling by more than 1%.
* Top Gainers. Other major contributors include Coforge (up 2.58%), Persistent Systems (up 1.79%), and HCL Technologies (up 1.07%).
* Midcap & Smallcap: Broader markets are also outperforming the benchmark indices, with the Nifty Midcap and Smallcap indices up 0.24% and 0.48% respectively.
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