Gift Nifty indicates a positive start for the Indian market; US markets ended high; Asian stocks also traded higher for the second day

PRE MARKET

Gift Nifty indicates a positive start for the broader index in India, with a gain of 35.5 points or 0.14 percent. The Nifty futures were trading around the 26,246.50 level.

US stocks closed higher to kick off the holiday-shortened trading week on Monday, buoyed partly by a continued rebound by technology stocks in a broad advance that saw gains among almost all of the 11 S&P 500 sectors.

The Dow Jones Industrial Average rose 227.79 points, or 0.47%, to 48,362.68, the S&P 500 gained 43.99 points, or 0.64%, to 6,878.49, and the Nasdaq Composite gained 121.21 points, or 0.52%, to 23,428.83.

Stocks in Asia extended their two-day advance after bullish momentum lifted shares on Wall Street, indicating that a much-touted year-end rally is taking hold.

Japan’s Nikkei, Hong Kong’s Hang Seng, and the Taiwanese weighted went up 0.19, 0.26, and 0.28 percent, respectively.

STOCKS TODAY

Indian Railway Catering and Tourism Corporation

IRCTC will stop trading in the F&O segment effective February 25, 2026. Existing unexpired contracts with expiry months December 2025, January 2026, and February 2026 will continue to be available for trading until their respective expiries, and new strikes will also be introduced in the existing contract months.

HCL Technologies

HCLSoftware, the software business division of HCLTech, announced its intent to acquire Jaspersoft, a business unit of Cloud Software Group and a provider of a leading embedded analytics and pixel-perfect reporting platform, for $240 million. Additionally, HCLSoftware will acquire Wobby, an early-stage start-up providing AI data analyst “agents” for data warehouses, based in Antwerp, Belgium, for Euro 4.5 million.

Antony Waste Handling Cell

The company’s subsidiary, Antony Lara Enviro Solutions, has received a contract worth Rs 329.45 crore from the Thane Municipal Corporation for the development of a 600-800 TPD mixed solid waste processing plant in Bhiwandi, Maharashtra.

GPT Infraprojects

The company has been declared L1 (lowest bidder) for an order valued at Rs 670 crore, in consortium with ISCPPL. The project, awarded by NHAI, involves the construction of a four-lane elevated road in the Jodhpur city portion from Mahamandir to Akhaliya Chouraha in Rajasthan, under the HAM mode.

Prestige Estates Projects

Prestige Group has announced the acquisition of a 25-acre land parcel in Medavakkam, Chennai, offering a development potential of approximately 5 million square feet, with an estimated revenue potential of over Rs 5,000 crore.

Source – Moneycontrol