Indian benchmarks remain steady as Infosys partnership with Anthropic boosts information technology stocks

Indian benchmarks stayed flat as an Infosys AI deal lifted IT stocks. This offset losses in Reliance and financials while metals fell on a firm dollar.

Insights:
Indian benchmark indexes including the Nifty 50 and BSE Sensex traded flat on February 17, 2026, after intraday shifts saw gains in information technology stocks offset losses in other major sectors. The market recovery was largely led by Infosys Limited , which saw its shares jump approximately 3% following a strategic announcement. This movement helped the national benchmarks in India ININ reverse early losses that had been triggered by weakness in heavyweights.
A man looks at a screen outside the Bombay Stock Exchange (BSE) building in Mumbai, India, February 2, 2026. REUTERS/Francis Mascarenhas
A man looks at a screen outside the Bombay Stock Exchange (BSE) building in Mumbai, India, February 2, 2026. REUTERS/Francis Mascarenhas
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