Image Source: Unsplash
 

Asian markets traded mixed on Wednesday, with South Korean indices hitting record highs.

US stock market ended mixed on Tuesday ahead of megacap earnings reports, with the S&P 500 recording its fifth straight day of gains and hitting an intraday record high.

Here's a table showing how US stocks performed on Tuesday:

Source: Equitymaster

At present, the BSE Sensex is trading 381 points higher, and the NSE Nifty is trading 119 points higher.

Axis Bank, Trent, and NTPC are among the top gainers today.

Kotak Mahindra, Asian Paints, and HCL Tech, on the other hand, are among the top losers today.

The BSE Midcap index is trading 1.5% lower, and the BSE Smallcap index is trading 2.2% lower.

Sectoral indices are trading mixed today, with stocks in the metal sector and the oil & gas sector witnessing buying. Meanwhile, stocks in the healthcare sector and the auto sector witnessed selling pressure.

The rupee is trading at Rs 90 against the US dollar.
 

Infosys Strengthens AI Development with Cursor

Infosys has announced a partnership with Cursor, an AI-based software development platform, to help companies adopt artificial intelligence faster and more effectively.

As part of the partnership, Infosys and Cursor will set up a Center of Excellence. This center will help enterprises use AI-powered software engineering tools to build new digital products and upgrade existing systems. Infosys engineers will use Cursor's AI-assisted coding tools in their development work.

The collaboration will combine Cursor's technology with Infosys Topaz Fabric, Infosys' AI platform that brings together data, cloud, applications, and workflows. This will help clients develop and modernize software systems more quickly, with better quality and scalability.

The Center of Excellence will also include an AI Engineering Experience Zone, where clients can see and experience how Infosys uses AI, cloud, and data to create intelligent digital solutions. It will also act as a training and scaling hub, enabling Infosys to roll out Cursor's AI development tools across its global engineering workforce.

Through this initiative, Infosys plans to equip more than 100,000 software engineers with advanced AI coding tools. The goal is to reduce development time, improve code quality, and deliver better results for clients.
 

ONGC Expands Ethane Transport Infrastructure

ONGC has signed contracts to build two large ethane-carrying ships through its joint ventures with Japan's Mitsui O.S.K. Lines (MOL). The shipbuilding contracts were signed with Samsung Heavy Industries of South Korea on 27 January 2026.

These ships, known as Very Large Ethane Carriers (VLECs), will be modern, high-capacity vessels designed to transport ethane, an important raw material used in petrochemicals. The quick completion of the contracts highlights strong cooperation between India, Japan, and South Korea.

This initiative is part of ONGC's strategy to strengthen India's energy supply chain. By having its own dedicated ethane carriers under the Indian flag, ONGC aims to reduce dependence on external logistics, improve supply reliability, and ensure uninterrupted supply of critical raw materials to downstream industries.

ONGC and MOL have set up two joint venture companies in GIFT City, Gujarat. Each company will own and operate one VLEC. These ships will transport around 600 thousand tonnes of ethane per year for ONGC Petro Additions Limited (OPaL), a subsidiary of ONGC.
 

Titagarh-ABB Drive India Metro Self-Reliance

Titagarh Rail Systems and ABB India have signed an agreement to develop and supply propulsion systems for 25 kV driverless metro trains in India.

Under the deal, ABB will transfer key technologies, including train control systems, traction motors, and converters, with manufacturing gradually shifting to India under the Make in India initiative.

The agreement supports Mumbai Metro Lines 5 and 6, where Titagarh will supply 240 metro coaches and handle long-term maintenance.

This partnership strengthens local manufacturing, boosts technology self-reliance, and helps Titagarh move closer to becoming a fully integrated, indigenous metro train manufacturer.

More By This Author:

Nifty Above 25,100; Sensex Today Traders Higher
Sensex Today Tanks 770 Points; Nifty Below 25,100
Nifty Above 25,300; Infobeans Technologies Up 3%