Indian equities were trading firmly higher by midday, with benchmark indices holding their gains. The Nifty stayed comfortably above the 25,700 mark, while small- and mid-cap stocks witnessed strong buying interest. However, stock-specific developments dominated trading activity, as markets reacted to fresh news flow following a one-day trading halt.
Infosys emerged as the standout performer, rallying over 5 percent after posting a December-quarter result that exceeded subdued expectations. Investor sentiment was lifted further after the company raised its FY26 revenue growth guidance to 3–3.5 percent from the earlier 2–3 percent range. Management commentary highlighting stable discretionary tech spending and renewed momentum in financial services added to the optimism.
Vedanta declined nearly 2 percent, ending a four-session rally that had delivered gains of about 12 percent. The fall appeared to be driven by profit booking amid weakness in the broader metal space.
Zen Technologies surged almost 9 percent after winning new defence orders worth ₹404 crore from the Ministry of Defence, improving revenue visibility despite its weak long-term performance.
HBL Engineering fell sharply, sliding close to 14 percent after failing to secure a key Indian Railways contract, extending its recent downtrend despite strong yearly gains.