Asian markets traded modestly higher in thin holiday trading, following overnight gains on Wall Street.
US stock market ended with slight gains on Tuesday, led by gains in technology and financial stocks.
Here's a table showing how US stocks performed on Tuesday:
Stock/Index | LTP | Change ($) | Change (%) | Day High | Day Low | 52-Week High | 52-Week Low |
|---|---|---|---|---|---|---|---|
Alphabet | 302.82 | -3.2 | -1.05% | 304.89 | 296.9 | 350.15 | 142.66 |
Apple | 263.88 | 8.1 | 3.17% | 266.29 | 255.54 | 288.61 | 169.21 |
Meta | 639.29 | -0.48 | -0.08% | 642.6 | 628.8 | 796.25 | 479.8 |
Tesla | 410.63 | -6.81 | -1.63% | 413.72 | 400.51 | 498.83 | 214.25 |
Netflix | 77.03 | 0.16 | 0.21% | 77.87 | 75.3 | 134.12 | 75.23 |
Amazon | 201.15 | 2.36 | 1.19% | 201.74 | 196 | 258.6 | 161.43 |
Microsoft | 396.86 | -4.46 | -1.11% | 400.52 | 394.53 | 555.45 | 344.79 |
Dow Jones | 49533.19 | 32.26 | 0.07% | 49732.37 | 49169.84 | 50512.79 | 36611.78 |
Nasdaq | 24701.6 | -31.14 | -0.13% | 24818.3 | 24387.47 | 26182.1 | 16542.2 |
Source: Equitymaster
At present, the BSE Sensex is trading 10 points lower, and the NSE Nifty is trading 6 points higher.
Tata Steel, Bharat Elec, and ITC are among the top gainers today.
Infosys, Adani Port, and Tech Mahindra, on the other hand, are among the top losers today.
The BSE Midcap index is trading 2.7% highe,r and the BSE Smallcap index is trading 3.3% higher.
Sectoral indices are trading mixed today, with stocks in the IT sector and services sector witnessing selling pressure. Meanwhile, stocks in the metal sector and the telecommunications sector witnessed buying.
The rupee is trading at Rs 90 against the US dollar.
Eternal Partners OpenAI for AI Expansion
Eternal announced on Tuesday, 17 February, that it is expanding its partnership with OpenAI to improve artificial intelligence (AI) across all its businesses. This includes Zomato, Blinkit, District, Hyperpure, its partner platforms, and internal systems, according to PTI.
The partnership will help Eternal use AI in its apps and services, showing how important AI is becoming in India's digital commerce industry. It will also support Eternal's Feeding India initiative and its AI-focused venture, Nugget.
Eternal plans to use OpenAI's Enterprise API platform to create better ways for customers and partners to interact with its systems. The company will also add advanced AI tools to partner apps and use powerful coding models to improve its internal AI systems.
Overall, Eternal is strengthening its AI infrastructure for both customers and businesses, making AI a key part of its entire commerce ecosystem.
BHEL Wins Major SAIL Power Contract
State-run Bharat Heavy Electricals Ltd (BHEL) has received a Letter of Acceptance (LoA) from Steel Authority of India Limited (SAIL) for a captive power plant at its IISCO Steel Plant in Burnpur, West Bengal.
The LoA, issued on 17 February 2026, covers the Captive Power Plant (CPP) package (Pkg. No. CPP-1) for SAIL's 4.08 million tonnes per annum crude steel expansion project at Burnpur.
The order, awarded through a global tender by a domestic entity, is valued between Rs 12-15 billion (bn).
Under the turnkey contract, BHEL will handle the design, engineering, manufacturing, supply, transportation, unloading, storage, erection, commissioning, and performance guarantee testing of the CPP package. Civil works are not included in the contract scope.
The project is expected to be commissioned within 39 months from the contract's effective date.
Hexaware Launches RapidX-Replit AI Integration
Hexaware Technologies has launched an open version of RapidX that integrates directly with Replit, an AI platform that turns natural-language descriptions into secure, production-ready software. This combination allows RapidX, Hexaware's AI platform for software engineering, to help companies move faster from prototyping ideas to building fully functional applications.
By bringing RapidX and Replit together, businesses can test ideas earlier, make quicker decisions, and scale successful prototypes into enterprise-grade systems, while non-technical staff can also contribute to software creation. The integration works for both new projects and existing systems, helping teams reduce delivery risks and speed up results. Hexaware and Replit are also forming dedicated squads to ensure smooth project delivery.
This launch strengthens the companies' strategic partnership, building on previous AI collaborations in enterprise software development. Hexaware has also established a Center of Excellence for AI in the Software Development Life Cycle (SDLC) at its Chennai facility, aimed at helping clients and engineering teams adopt AI-assisted software delivery at scale. Early use of the RapidX-Replit integration has already shown results in areas like pharmaceutical platform simulations, clarifying enterprise requirements using natural language, faster prototyping, and maintaining design consistency. Hexaware and Replit plan to continue expanding AI-driven software development together.
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