PRE MARKET
Gift Nifty indicates a positive start for the broader index in India, with a gain of 171.50 points or 0.67 percent. The Nifty futures were trading around the 25,737.50 level.
U.S. stocks ended higher on Friday, led by gains in Alphabet, Amazon, and other Wall Street heavyweights after the Supreme Court struck down President Donald Trump’s global tariffs.
The S&P 500 climbed 0.69% to end the session at 6,909.51 points. The Nasdaq gained 0.90% to 22,886.07 points, while the Dow Jones Industrial Average rose 0.47% to 49,625.97 points.
Asian markets were trading higher amid tariff uncertainty as U.S. President Donald Trump announced over the weekend that he would increase global tariffs to 15% from 10%.
Hong Kong’s Hang Seng and the Taiwanese weighted index went up 2.44 percent and 1.60 percent, respectively.
STOCKS IN NEWS
Cipla
The US Food and Drug Administration (USFDA) has classified the current Good Manufacturing Practices (cGMP) inspection at the Rodopi, Greece, manufacturing facility of Pharmathen International S.A. (the supply partner for Lanreotide injection to Cipla USA Inc, a wholly owned subsidiary) as Official Action Indicated (OAI). Additionally, Life Insurance Corporation (LIC) increased its stake in Cipla by 2.036 percent between November 27, 2025 and February 2, 2026, to 9.091 percent from 7.055 percent.
Vikram Solar
The company has entered into a strategic domestic cell procurement agreement with Jupiter International to procure high-efficiency TOPCon solar cells and high-efficiency mono PERC solar cells, aggregating to 2 GW of ALMM-compliant crystalline solar cells. The size of the agreement is Rs 2,000 crore.
RailTel Corporation of India
The company, in consortium with Ashoka Buildcon, has received the Letter of Intent (LoI) from the Inspector General of Registration (IGR). The contract, worth Rs 1,136.18 crore, involves the selection of an MSP for the modernization of offices of the IGR and the Controller of Stamps under the Maharashtra Government.
Highway Infrastructure
The company has entered into a Contract Agreement for the operation and collection of user fees at Moti Naroli Fee Plaza in Gujarat, amounting to Rs 154.59 crore. Additionally, the company has entered into a Contract Agreement for the development of a road under Town Planning Scheme-08 from Kumedi to Lasudiya Mori (up to AB Road), Indore. The contract is worth Rs 69.68 crore.
Bharti Airtel
The company, in partnership with Zscaler Inc (a leader in cloud security), announced the launch of the AI & Cyber Threat Research Center – India, advancing national cyber resilience, protecting sectors, industries and assets, and accelerating trusted AI adoption.
Source – Moneycontrol
