Business Brief:Sensex, Nifty settle flat for 2nd straight session; RVNL shares surge 15% after securing ₹554 crore rail contract – CarbonMedia
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Business Brief:Sensex, Nifty settle flat for 2nd straight session; RVNL shares surge 15% after securing ₹554 crore rail contract

Bhaskar English brings you the biggest developments from India and abroad. Here are top headlines. The Day Ahead: News This Morning: 1. Sensex, Nifty settle flat for 2nd straight session: IT stocks play spoilsport; BSE Small Cap rallies more than 2%; FIIs turn net-buyers India's benchmark stock gauges Sensex and Nifty settled flat for the second straight session on Wednesday, February 19, 2025. The 30 companies pack closed marginally in red at 75,939 points. While, the broader constituent gauge also finished in the negative territory at 22,932 points. Read full news here:https://www.bhaskarenglish.in/business/news/bse-small-cap-rallies-more-than-2-sensex-nifty-settle-flat-for-2nd-straight-session-it-stocks-play-spoilsport-fiis-turn-net-buyers-134502781.html 2. RVNL shares surge 15% after securing ₹554 crore rail contract: Price settles at ₹372.90 apiece after bagging Karnataka deal, valuation hits ₹77,570 Cr Shares of Rail Vikas Nigam Limited (RVNL) jumped nearly 15% on February 19, and reached an intraday high of ₹383. By market close, the stock had settled at ₹372.90, marking an 11.86% gain. The surge followed RVNL’s recent contract win worth ₹554.46 crore from Rail Infrastructure Development Company (Karnataka). Read full news here: https://www.bhaskarenglish.in/business/news/rvnl-shares-surge-15-after-securing-554-crore-rail-contract-134502929.html 3. Gold gallops to a new peak of ₹86,430 per 10gms: Silver tugs along, piggybacking the yellow metal to ₹97,000 per kg Gold prices soared to an all-time high in the early trading session on Wednesday, February 19, 2025, with 24-carat gold rising by ₹740 to ₹86,430 per 10 grams, according to the India Bullion and Jewelers Association (IBJA). Earlier, gold was priced at ₹85,690. The previous record of ₹86,089 was set on February 14. Silver also saw a sharp increase, rising ₹967 to ₹97,000 per kg. The highest silver price recorded was ₹99,151 per kg on October 23, 2024. Read full news here: https://www.bhaskarenglish.in/business/news/gold-gallops-to-a-new-peak-of-86430-today-silver-tugs-along-piggybacking-the-yellow-metal-to-97000-per-kg-134502184.html 4. Hexaware Technologies’ stocks make market debut: Lists with 5.29% premium at ₹745.5, while subscription jumps 2.79 times initial offer Hexaware Technologies made its stock market debut on February 19, 2025, listing at ₹745.5 on the National Stock Exchange (NSE), up 5.29% above its issue price. On the Bombay Stock Exchange (BSE), the stock had opened at ₹731, marking a 3.25% gain. The IPO was priced at ₹708 per share. Read full news here: https://www.bhaskarenglish.in/business/news/hexaware-technologies-stock-market-debut-today-listing-price-up-529-to-7455-subscription-up-279-times-134501944.html 5. Uber launches zero-commission model for auto drivers in India: Move aims to avoid 'competitive disadvantage' In a move aimed at staying competitive, Uber has announced that it will transition to a zero-commission model for its autorickshaw drivers in India, news agency Reuters reported. The company would now charge drivers a subscription fee, aligning with the strategies of local rivals as competition in the ride-hailing space intensifies. Read full news here: https://www.bhaskarenglish.in/business/news/uber-zero-commission-model-autorickshaw-drivers-india-move-aims-to-avoid-competitive-disadvantage-134498389.html Domestic gas cylinder prices as on February 20, 2025: