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The shares of Punjab National Bank rose as the PSU Bank index topped the day.

The shares of Bank of Maharashtra have risen by over 2%, making it one of the biggest gainers among banking stocks.

The Nifty PSU Bank index has risen over 1% and is one of the best-performing indices today.

The conversation platform ‘Samvaad’ was introduced by Indian artificial intelligence (AI) firm SarvamAI on Wednesday, February 18, during the India AI Impact Summit.

The startup unveiled several apps, including Sarvam for Conversations, Work, and Content, that were based on the company’s in-house models.

Market at day’s high, all major indices are now trading in the green. Nifty near 25,800

E2E Networks Says: No new commercial agreement entered into with #Nvidia

Not entered into any new negotiations or agreements with Nvidia

Today’s announcement is about the existing’ agmt co has with Nvidia

According to K Krithivasan, CEO of Tata Consultancy Services (TCS), as the company increases expenditures in infrastructure, models, and applications, artificial intelligence is expanding rather than contracting the market for IT services.

Safari Industries has inked a licensing agreement with Carlton Retail for the use of the ‘Carlton’ brand under Class 18 for certain products, including luggage, in India.

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With a three-stage $18 billion investment planned in Argentina, multinational mining company BHP is focusing its next phase of expansion on copper, which might sustain consistent production over the ensuing ten years.

The shares of LTI Mindtree dipped close to 3%, making it the biggest loser on the Nifty IT Index.

Ajit Mishra, Religare Broking

Sneha Seth, Derivatives Research Analyst, Angel One

On ITC

The Nifty IT index has declined by over 500 points, as tech stocks trade under pressure.

Safari Ind enters into a licensing agreement with CRL to use CARLTON brand for 20 years

License fee to use the Carlton brand will be ₹45 lk or 5% of net sales per year

As part of the India AI Mission, the government is developing a “UPI-like” public digital infrastructure for artificial intelligence, according to Ashwini Vaishnaw, Minister for Railways, Information & Broadcasting, and Electronics & Information Technology.

On Wednesday, February 18, Cars24, a domestic used car marketplace, introduced what it says is India’s first lifetime warranty on automobiles, offering long-term ownership protection for vital powertrain parts including the drivetrain, engine, and gearbox.

Over the medium to long term, domestic defence manufacturing and associated service providers may benefit from India’s ambitions for defence purchase and aircraft replacement, according to Amit Anwani, Research Analyst at PL Capital.

IIFL Says Eli Lilly has already built $1.5 Bn worth of Orforglipron (Oral GLP-1) inventory, but Divi’s is nowhere to be seen till now

Alert: Lilly secured ‘pre-launch inventories’ worth $1.5 billion as of Dec 31, with most of that supply tied to orforglipron, the company said in a securities filing this week

Amisha Vora, Chairperson and Managing Director, PL Capital On CNBC-TV18

The Nifty Metal index is on the rise; even the larger market continued to remain low.

The shares of Hindustan Copper rose as metal stocks recovered from the losses incurred in the past few sessions.

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