On Wednesday, stocks advanced, declined, and remained unchanged on the Bombay Stock Exchange with an advance-decline ratio of , indicating a negative closing. The trend of the major indices on Wednesday’s trading is given in the table below.
On NSE, 77 securities advanced and closed at a new 52-week high, whereas 243 securities sank to close at their new 52-week lows. Nifty Metal, Nifty Pharma and Nifty Auto were the biggest gainer. Nifty PSU bank, Nifty Infrastructure and Nifty FMCG were the biggest losers.
Solar Stocks like Waaree Energies (-10.42%), Premier Energies (-6.13%) and Vikram Solar (-5.51%) slid after the US Commerce Department announced steep solar import duties after concluding that India unfairly subsidised domestic solar PV module manufacturing, undercutting US‑made products. Indonesia (86–143%) and Laos (81%), were also targeted. Imports from India, Indonesia, and Laos accounted for 57% of US solar module imports in H1 2025, seen as a bypass route for Chinese firms facing US barriers India has been a primary beneficiary of this supply chain shift, with solar exports to the US reaching $792.6 million in 2024, a nine‑fold jump from 2022 levels.
Waaree Energies clarified that the duties apply only to India‑made solar cells, not to panels assembled in India using imported cells. Since US duties are based on the origin of solar cells, many Indian manufacturers import cells from low‑duty countries and assemble panels domestically, limiting the impact.
Larsen & Toubro (L&T) (+0.92%) announced that its Power Transmission & Distribution (PT&D) vertical has secured major EPC orders in India worth up to ₹10,000 crore. The scope includes the design, supply, and construction of two 220 kV Gas Insulated Substations in the Durgapur–Raniganj–Asansol industrial belt of West Bengal.
NTPC (+0.56%) announced that, together with MAHAGENCO, it has completed the acquisition of Sinnar Thermal Power Ltd. under an NCLT‑approved resolution plan as part of the Corporate Insolvency Resolution Process. Sinnar Thermal Power owns a coal‑based thermal plant of 5×270 MW (1,350 MW) located at Sinnar, Nashik, Maharashtra.
Vedanta (+4.70%) approved the issuance of unsecured, rated, listed, redeemable NCDs aggregating up to ₹3,000 crore on a private placement basis. The proposed debentures will be listed on BSE Limited, with details on tenure, coupon, payment schedule, and redemption to be specified in the disclosure document.
IndusInd Bank (+0.64%) has gone live with its next generation UPI processing platform, UPI 6.0, developed by Mindgate Solutions. Built on a hyper scalable, cloud ready, resilient architecture, the platform makes IndusInd the first private sector bank to deploy next gen UPI for both issuer and acquirer services on the cloud. The upgrade delivers 30% faster recovery time (RTO), up to 75% higher scalability headroom, sub second response times, near zero technical declines, and seamless disaster recovery within minutes, ensuring uninterrupted, high performance digital payment experiences.
Wardwizard Innovations & Mobility (-1.46%) disclosed that Blacksoil Capital Pvt. Ltd. invoked a pledge over 2,72,926 equity shares held by promoter entities to secure a Loan Against Securities facility. Promoter Yatin Sanjay Gupte held 2,72,11,314 shares (9.05% stake), of which 2,55,91,890 shares (8.51%) were already encumbered. Following the invocation, 34,91,890 shares (1.16%) reflect changes in the encumbrance structure, as per the exchange filing.
NATCO Pharma (+3.53%) clarified to the exchanges that its Semaglutide approval and partnership with Eris Lifesciences is part of the ordinary course of business and does not have a material impact on operations. It reiterated that it had already disclosed receiving CDSCO approval for Semaglutide in India and is working with multiple marketing partners to launch the product in March 2026.
NTPC (+0.56%), along with MAHAGENCO, has completed the acquisition of Sinnar Thermal Power Ltd. under the NCLT approved resolution plan. Sinnar Thermal Power operates a coal based thermal plant of 5×270 MW (1,350 MW) located at Sinnar, Nashik, Maharashtra. With this transaction, NTPC Group’s total installed capacity rises to 88,132 MW, while its commercial capacity now stands at 87,052 MW, as per the disclosure.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
Uno Minda’s: Scale, Margins and Manufacturing Depth
Moneylife Digital Team
25 February 2026
Uno Minda Limited (Uno) is among India’s most diversified auto-components manufacturers. Its portfolio spans automotive switches, lighting, acoustics, alloy wheels and die-casting and seating systems, among other segments. The company...
IPO Review: PNGS Reva Diamond Jewellery Ltd
Moneylife Digital Team
25 February 2026
PNGS Reva Diamond Jewellery Ltd (PNGS Reva) is a retail-focused jewellery company engaged in the sale of diamond-studded jewellery and pieces incorporating precious and semi-precious stones set in gold and platinum. It also retails...
Nifty, Sensex, IT Stock Under Selling Pressure Again; Mid caps more resilient: Tuesday Market Report
Moneylife Digital Team
24 February 2026
On Tuesday, 1422 stocks advanced, 2802 declined and 160 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.51 indicating a negative closing. The trend of the major indices on Tuesday’s trading is given in the...
IPO Review: Clean Max Enviro Energy Solutions Ltd
Moneylife Digital Team
24 February 2026
Clean Max Enviro Energy Solutions Ltd (Clean Max) is India’s largest commercial and industrial (C&I) renewable energy provider with 2.80GW (gigawatt) of operational, owned and managed capacity and 3.17GW of contracted, yet to be...
