Home / Business and Economy / Sensex and Nifty Reach New Highs as Indian Stocks Surge
Sensex and Nifty Reach New Highs as Indian Stocks Surge
18 Oct
Summary
- BEML and Kineco collaborate on advanced aerospace composites
- HCL Tech and Zscaler expand AI-powered security partnership
- Biocon to launch private-label insulin in U.S., boost affordable access
The Indian stock market experienced a strong rally on October 17, 2025, with the benchmark Sensex and Nifty indices reaching new all-time highs. The positive momentum was driven by a series of strategic business developments across various sectors.
In the industrial sector, BEML announced a Memorandum of Understanding with Kineco Limited to collaborate on advanced composite manufacturing for aerospace and defense applications. This partnership is expected to bolster India's capabilities in the high-tech aerospace industry.
The technology sector also saw significant progress, as HCL Tech expanded its existing partnership with Zscaler to accelerate AI-powered security and network transformation initiatives. This collaboration aims to provide enhanced cybersecurity solutions to HCL Tech's global clientele.
Furthermore, the pharmaceutical giant Biocon announced an expansion of its partnership with Civica to launch a private-label insulin glargine product in the United States. This move is part of Biocon's broader strategy to increase the supply of affordable insulin for the 38.4 million diabetes patients in the country.
These strategic developments across diverse industries have contributed to the overall optimism in the Indian stock market, driving the Sensex and Nifty to new record highs on October 17, 2025.
