Global Market Futures (as of 06:10 AM IST)
US Market (Futures)
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Nasdaq: +0.07%
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Dow Jones: +0.13%
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S&P 500: +0.15%
European (Futures)
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Ftse 100: +0.03%
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Cac 40: +0.11%
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Dax : +0.09%
Asian (Live Markets)
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NIKKEI 225: -0.24%
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ASX 200: +0.53%
Gift Nifty: 25664.50 (-0.14%)
Note: South Korea, China, Hong Kong, Singapore & Brazil Markets are observing a Trading Holiday today.
FII and DII Trading Activity February 16, 2026 in Cash market:
FIIs / FPIs: Net Sell of ₹972.13 crores
DIIs: Net Buy of ₹1,666.98 crores
Results Today:
Valecha Engineering, Binny, Creative Eye, and Sparc Electrex will release their quarterly earnings today.
Commodity Market Updates:
International commodity markets are trading mixed with a slight negative bias across metals. Gold futures are at 4,996.39, down 0.36%, while spot XAU/USD is at 4,976.46, lower by 0.29%. Silver is under sharper pressure at 75.660, declining 1.17%. Copper is also weaker, trading at 5.7510, down 0.23%, reflecting cautious sentiment around global growth expectations.
In energy markets, WTI crude oil is steady at 63.56, unchanged on the session. Brent crude is outperforming at 68.58, up 1.23%, indicating relative strength in global benchmarks. Meanwhile, Natural Gas is marginally lower at 3.089, down 0.32%. Overall, metals remain subdued while Brent shows resilience in the energy complex.
Key Corporate Updates:
Positive:
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Texmaco Rail & Engineering: Secured a signalling order worth ₹2.19 billion from Mumbai Railway, strengthening its order book visibility and reinforcing its position in railway infrastructure execution.
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HFCL: Awarded a new order valued at ₹609.5 million, supporting near-term revenue visibility in its telecom and infrastructure verticals.
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Mankind Pharma: Tax penalty of ₹4.6 million has been dropped by authorities, removing a contingent liability and providing regulatory relief.
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Highway Infrastructure: Received a Letter of Acceptance (LOA) worth ₹1.55 billion, enhancing its EPC order pipeline and execution momentum.
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Cochin Shipyard: Declared L1 bidder for construction of five next-generation survey vessels, with an estimated order value of ₹50 billion, significantly strengthening its defence shipbuilding order book.
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NTPC (NSPCL): Declared commercial operation date (COD) of an additional 5 MW solar capacity, supporting renewable capacity expansion targets.
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Embassy Developments: Received RERA approval for its first project in Alibaug with an estimated Gross Development Value (GDV) of ₹4 billion, marking geographic expansion.
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Lupin: Signed a license and supply agreement with Spektus to commercialize novel antidepressant Deslaflex in Canada, expanding its specialty portfolio in international markets.
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Delhivery: Entered into a strategic partnership with Ride-V to deploy 150 electric vehicles, supporting ESG goals and cost-efficient last-mile delivery.
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TIL: Approved acquisition of a majority stake in Tulip Compression, indicating strategic inorganic expansion.
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Lord’s Mark Industries: Signed an MoU for development of green hydrogen projects, aligning with clean energy transition opportunities.
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Savita Oil Technologies: Expanded its two-decade association with the Mahindra Group through a strategic multi-year partnership, strengthening long-term revenue visibility.
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SEAMEC: Secured a contract worth approximately $460,000 and chartered its vessel SEAMEC Princess to Supreme Offshore Construction, improving offshore services utilization.
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Reliance Industries: Reliance Consumer Products partnered with Nigeria-based TGI Group to expand international distribution footprint in Africa.
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V R Infraspace: Received a work order worth ₹6.1 million, adding to its small-scale project pipeline.
Negative:
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IndiGo: Extended previously announced flight cancellations until 28 March 2026 due to developments in the Iranian region and associated airspace; routes to/from Tbilisi, Almaty, Baku, and Tashkent remain impacted, potentially affecting international capacity and revenues.
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AksharChem (India): Announced shutdown of its H-Acid plant for maintenance, expected to last three to four weeks, which may temporarily impact production volumes.
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Yash Trading & Finance: CFO Vishvajitsinh Jadeja resigned effective 16 February 2026, creating a key managerial vacancy.
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Swati Projects: Managing Director Shreegopal Daga resigned, resulting in a leadership transition.
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Shriram Properties: Deputy CFO Rajesh Yashwant Shirwatkar resigned, indicating a change in senior finance leadership.
Neutral / Others
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AEQUS Group: Announced plans to invest up to ₹40 billion in Tamil Nadu along with partners, indicating significant manufacturing expansion.
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Bartronics India: Entered into a shareholders’ agreement with Shree Naganarasimha, indicating potential strategic alignment.
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Jay Kailash Namkeen: To consider fundraising through rights issue or private placement, subject to board approval.
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Arihant Foundations & Housing: Board to consider issuance of Non-Convertible Debentures (NCDs) for capital raising.
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JSW Infrastructure: Intimated board meeting to consider a proposal for raising funds, indicating possible capital expansion plans.
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Alka India: Proposed fundraising through issuance of securities, subject to approvals.
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Dhampure Speciality Sugars: Board to consider fundraising, details awaited.
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Riddhi Display Equipments: Approved appointment of Laxmanbhai Thakarshibhai Vavesa as Chief Financial Officer.
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Adani Enterprises: AdaniConneX incorporated a wholly owned step-down subsidiary, indicating structural reorganization within the group.
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Advik Capital: Delhi High Court granted interim asset protection relief, providing temporary legal safeguard.
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ARCL Organics: Finalized acquisition consideration at ₹230 million and took possession of Vishvam Formalin’s plant, marking operational expansion.
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Jeena Sikho Lifecare: Plans to establish a new hospital unit with an estimated investment of ₹15 million, supporting healthcare capacity expansion.
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TVS Supply Chain Solutions: Signed MoU with Italy-based ALA Group to explore opportunities in India’s $28 billion aerospace and defence supply chain market.
Non-Corporate, Unlisted & Foreign / Macro
1) RBI (External Commercial Borrowings): Issued final revised rules and FEMA (Borrowing and Lending) (First Amendment) Regulations, 2026; clarified that existing ECBs remain governed under original regulations, prohibited on-lending for real estate, allowed acquisition of “control” as a permitted end-use, and removed restrictions on on-lending to individual borrowers.
2) India Government Bonds: RBI announced auction of ₹330 billion on Feb 20, including ₹130 billion (7.24% 2055), ₹110 billion (6.68% 2033), and ₹90 billion (6.03% 2029).
3) Markets: India’s 10-year benchmark bond yield declined to 6.6642% (vs 6.6799% prior); Indian Rupee closed nearly flat at 90.6500/USD; Nifty 50 provisionally ended 0.83% higher.
4) India Trade (January): Merchandise exports at $36.56 billion, imports at $71.24 billion, resulting in trade deficit of $34.68 billion (above poll estimates); services trade surplus at $24.30 billion; oil imports at $13.39 billion, gold imports at $12.07 billion, with higher value largely due to elevated prices.
5) India Macro Data: January unemployment rate stood at 5.0% (vs Reuters poll 4.8%).
6) India Trade Policy Commentary: Officials indicated expectation of overall exports reaching $860 billion in FY, progress on trade agreements including Chile FTA with critical minerals chapter, ongoing negotiations with the US including potential tariff reduction to 18%, and efforts to operationalize I-JK trade agreement by April.
7) Sri Lanka PMI (January 2026): Services PMI eased to 64.5 (from 67.9); Manufacturing PMI moderated to 56.1 (from 60.9), though both remain in expansionary territory.
8) Edwards Lifesciences (EU): EU antitrust regulators closed investigation after the company withdrew its anti-copycat policy.
9) X (formerly Twitter): Reports indicated service disruption affecting 3,357 users in India, according to Downdetector.
Bulk Deals:
Aye Finance
Goldman Sachs India Equity Portfolio has acquired 16.80 lakh shares (equivalent to a 0.68 percent stake) in Aye Finance at Rs 128.11 per share, amounting to Rs 21.5 crore.This is in addition to the 3.38 percent stake already held by Goldman Sachs in Aye Finance.
Engineers India
BofA Securities Europe SA has purchased 45.97 lakh shares (a 0.81 percent stake) in Engineers India at Rs 217.06 per share, valued at Rs 99.8 crore.
Easy Trip Planners
Craft Emerging Market Fund PCC, through Citadel Capital Fund, has acquired 2 crore shares (a 0.5 percent stake) in the online travel company at Rs 6.77 per share, amounting to Rs 13.54 crore.
Vardhman Polytex
Pine Oak Global Fund acquired 1 crore shares (2.17%) of Vardhman Polytex at Rs 7.4 per share, investing Rs 7.4 crore. Meanwhile, Ekjot Singh Chawla sold 1.1 crore shares (2.39%) at Rs 7.46 each for Rs 8.2 crore, reducing his stake.
On-going IPO:
Last Date 18-Feb
Fractal Industries Ltd (BSE SME)
Last Date 04-Mar
IIFL Finance Ltd (Debt)
Upcoming IPO:
(24-Feb to 26-Feb)
PNGS Reva Diamond Jewellery Ltd
Securities Trading Ex-Dividend on February 17, 2026
Mrs. Bector Food Specialities Ltd, Hikal Ltd, International Gemmological Institute India Ltd, IOL Chemicals & Pharmaceuticals Ltd, IRCON International Ltd, Majestic Auto Ltd, Shipping Corporation of India Ltd, Vibrant Global Capital Ltd
Securities Trading Ex-Bonus on February 17, 2026
Riddhi Steel and Tube Ltd (1:2)
Securities Trading Ex-Income Distribution on February 17, 2026
IndiGrid Infrastructure Trust, Interise Trust, Nxt-Infra Trust
Securities Under F&O Ban on February 17, 2026
SAMMAANCAP, SAIL
Source: WOWNEWS24X7, Moneycontrol, Investing.com
