Closing Bell: Nifty near 24,900, Sensex gains 224 pts; metal, financial gain

Indian benchmark indices ended higher with Nifty near 24,900 on October 3. At close, the Sensex was up 223.86 points or 0.28 percent at 81,207.17, and the Nifty was up 57.95 points or 0.23 percent at 24,894.25

We wrap up today's edition of the Moneycontrol live market blog, and will be back Monday morning with all the latest updates and alerts. Please visit https://www.moneycontrol.com/markets/global-indices for all the global market action.

Markets traded range-bound but managed to end in the green, extending Wednesday’s surge. After a subdued start, the Nifty moved in a very tight range for most of the session; however, the tone remained positive, supported by strength in select heavyweights across sectors. Renewed buying interest in the latter half pushed the index higher, and it eventually closed near the day’s high at 24,894.25 (+0.23%). Sector-wise, strong traction in metals, energy, and banking kept traders engaged, while auto and realty lagged. Broader market sentiment stayed upbeat, with both the Midcap and Smallcap indices advancing in the range of 0.7% to 0.9%.

The day’s move was largely driven by domestic factors. The RBI’s recent monetary policy—holding rates steady while upgrading the growth outlook and lowering inflation guidance—continued to boost confidence in rate-sensitive sectors, particularly banking. Additionally, earnings updates ahead of the reporting season reinforced the positive undertone.

On the technical front, the Nifty tested resistance at 24,900, coinciding with its 20-DEMA. A sustained move above this level could further strengthen the recovery, with upside targets at 25,150 initially, followed by a major hurdle at 25,400. On the downside, immediate support has shifted to the 24,600–24,750 zone. Going ahead, participants should focus on sectors demonstrating relative strength—such as metals, autos, and PSUs—while remaining selective in others.

Indian equity benchmark indices Nifty and Sensex endured a subdued trading session for major part of the day before a sharp move in the last hour of the day led to Nifty closing the day in the green. The market optimism was driven by positive global cues and Reserve Bank of India’s dovish stance.

Nifty Metal & Nifty India Defence ended up with the gains in the range of 1.8-2% while PSU Bank Index closed with a gain of 1.12%. On the other hand, Nifty Healthcare & Nifty Realty ended up as top two sectoral losers. Tata Steel & Power Grid ended up as the top gainers, while Max Health & Tech Mahindra emerged as the top two losers.

Broader Indices stayed strong, keeping overall sentiment positive during the trade. The Midcap 100 Index & Smallcap 100 Index ended 0.83% and 0.69% higher respectively. The advance-decline ratio was skewed in the favour of the bulls. A total of 329 stocks out of the Nifty 500 closed in the green.

Nifty View

Nifty remained sideways for major part of the day, facing strong resistance around the 24,840-24,850 zone, before breaking out towards the last hour of the day, closing at 24,894 with a gain of 0.23%. The index formed a bullish candle and gave a higher close for the second consecutive day. The index, also managed to close above the 100-day EMA zone of 24,740-24,750, suggesting that this zone is acting as immediate support.

Nifty trades comfortably above its 200-day EMA (24,411) but faces resistance from the 20-day EMA (24,914), which can cap the upside momentum. Sustaining above these levels is essential for further recovery.

The RSI has bounced from near oversold territory but remains tad below the neutral 50 mark, suggesting cautious optimism with scope for improvement. MACD remains in negative territory, but the histogram shows shrinking red bars, indicating that bearish momentum is gradually weakening and a bullish crossover could emerge if recovery extends.

Looking at key levels, the 24,920–24,950 zone will act as an immediate resistance for the Index. If the index manages to move above the level of 24,950, the pullback can extend further till 25,100 level. While, on the downside, the zone of 24,800-24,750 will act as a crucial support for the Index.

Bank Nifty View

Bank Nifty formed a sizeable bullish candle on the daily chart, showing continued buying support at lower levels. The ratio line in Bank Nifty/Nifty ratio chart is rising and trades above all key moving averages, a sign that Bank Nifty is significantly outperforming the Nifty Index.

The index is trading well above its 200-day EMA (53,833), and reclaiming the cluster of short- and medium-term EMAs signals a shift in trend back to bullish territory.

RSI is inching towards the 60 mark, suggesting strengthening bullish momentum with room for further upside. The +DI crossing over -DI in ADX indicator, confirms that the buyers are in control. MACD has turned positive with a fresh bullish crossover, supported by green histogram bars, pointing towards continuation of the uptrend.

The overall structure suggests that Bank Nifty is regaining leadership after a phase of consolidation.

Looking at key levels, the 55,700–55,800 zone will act as an immediate resistance for the Index. If the index manages to move above the level of 55,800, the pullback can extend further towards 56,300, followed by 56,600. While, on the downside, the zone of 55,200-55,100 will act as a crucial support for the index.

After showing a sustainable bounce back from the lows on Wednesday, Nifty continued with follow-through upmove amidst range bound action on Friday and closed the day higher by 57 points. Nifty opened on a weak note and recovered immediately after the opening. It later shifted into a range bound action for better part of the session. Further upside was seen towards the end and finally Nifty closed at the highs.

A long bull candle was formed on the daily chart at the lows, which indicates a buy on dips opportunity in the market. This market action also confirms the formation of short-term bottom reversal around the Tuesday's low of 24600 levels.

The underlying short-term trend of Nifty is positive. The next upside target to be watched around 25200 levels by next week. Immediate support is placed at 24750.

After a period of rangebound trading, the market closed on a positive note, supported by gains in metal and consumer durables stocks. Optimism over a potential Fed rate cut in October, a weakening dollar, and stable base metal prices drove the rally in metal indices. Consumption stocks are on a buzz led by reforms, a good monsoon and moderation in inflation upsizing demand as disposable income increases.

Mid- and small-cap stocks outperformed as investors focused on stock-specific opportunities, anticipating stronger Q2FY26 earnings growth relative to large caps. Near-term market momentum is further supported by better-than-expected RBI policy and festival-season tailwinds.

#1 Market ends higher in the first week of October, Sensex & Nifty up nearly 1% each

#2 Midcap index rises nearly 2% & Nifty Bank over 2%

#3 All sectoral indices record gains, PSU Bank & Metal top gaining indices

#4 Nifty PSU Bank & Metal are up 4% each, Nifty Bank & Defence stocks are up over 2% each

Today, the Indian stock market closed positively despite a gap down opening, led by a sharp recovery in metal and banking stocks. The Sensex ended up by about 223 points or 0.28%, closing above 81,200, while the Nifty gained around 57 points or 0.23%, closing near 24,894. Strong buying interest in metals like Tata Steel, Hindalco, and JSW Steel, along with robust performances in PSU banks and private banks such as Kotak Mahindra Bank and Axis Bank, helped the market bounce back during the day.

Positive global cues, combined with the Reserve Bank of India's recent dovish policy stance aimed at boosting credit growth, further supported the sentiment. The media and pharma sectors lagged, dragging some indices down slightly. The midcap and smallcap segments showed resilience, closing higher by 0.72% and 0.49%, respectively.

The main lesson from today’s market action is that despite early selling pressure and some caution among investors, the market showed resilience and managed to finish with gains. This suggests that investors still have faith in the ongoing credit growth story and are optimistic about sectors like metals and banking that tend to do well in the current economic cycle.

Looking ahead, investors are closely watching upcoming corporate earnings, and how the RBI’s monetary policy unfolds in practice. Overall, the market mood is cautiously optimistic, volatility is under control, as shown by a lower India VIX, and global markets remain generally positive. The combination of steady demand for credit, government infrastructure spending, and the festive season shopping momentum could keep the market on an upward path in the coming days.

The Indian currency steadied within a tight range over the past few days, having suffered a historic low earlier in the week. The underlying mood for the rupee remains down due to sustained capital outflow from foreign investors. Nevertheless, a rebound in local share markets and moderation in crude oil prices to lend some stability.

For the near-term outlook, the spot USDINR exhibits an ascending trend line support near 88.40, while facing overhead resistance at 89.10.

Nifty index extended its strength in Friday’s session after a confident closing above its short-term resistance. The index took crucial support near its 100-day EMA at 24,750 and ended with a strong close around the 50-day EMA.

On the derivatives front, heavy put writing at 24,800 signals a support base, while the highest OI concentration at 25,000 highlights a strong resistance zone, also validated on technical charts.

Overall, Nifty is expected to trade in a mildly bullish range of 24,750–25,100, with support at 24,750 and resistance at 25,000–25,100.

Indian rupee ended marginally lower at 88.78 per dollar versus Wednesday's close of 88.69.

Indian benchmark indices ended higher with Nifty at 24,900 on October 3.

At close, the Sensex was up 223.86 points or 0.28 percent at 81,207.17, and the Nifty was up 57.95 points or 0.23 percent at 24,894.25. About 2592 shares advanced, 1411 shares declined, and 132 shares unchanged.

Tata Steel, Power Grid Corp, Hindalco, Axis Bank and L&T were among major gainers, while losers included Max Healthcare, Coal India, Maruti Suzuki, Tech Mahindra and SBI Life Insurance.

Except pharma, realty, FMCG, all other sectoral indices ended in the green with metal index rose nearly 2 percent, PSU Bank up 1 percent.

The BSE midcap index was up 0.8 percent and smallcap index added 1 percent.

QIB – 0.00 times

NII - 0.01 times

Retail – 0.13 times

Employee Reserved - 0.80 times

Overall – 0.03 times

QIB – 3.97 times

NII - 7.20 times

Retail – 2.55 times

Employee Reserved - 0.53 times

Overall – 3.71 times

QIB – 6.01 times

NII - 155.33 times

Retail – 17.91 times

Employee Reserved - 30.79 times

Overall – 43.93 times

RITES has received a work order from Damodar Valley Corporation (DVC) for AMC of Railway Sidings tracks, O&M of S&T and operation of 25KV OHE isolators and associated Systems at DVC Mejia Thermal Power Station. The contract is worth of Rs 36,22,69,344 crore.

The Sensex was up 238.92 points or 0.30 percent at 81,222.23, and the Nifty was up 61.05 points or 0.25 percent at 24,897.35. About 2382 shares advanced, 1391 shares declined, and 117 shares unchanged.

P N Gadgil Jewellers reported record festive season sales of Rs 618 crore during Navratri and Dussehra, reflecting a strong 65% YoY growth over the previous year.

Navratri contributed sales of Rs 428 crore up by 66% YoY, while Dussehra alone delivered the company’s highest-ever single-day festive sales of Rs 190 crore increased by 64% YoY.

The Gold segment remained the key growth driver, with revenue rising 64% YoY, supported by healthy performance in Diamond by 47% and Silver up by 133%.

Panacea Biotec has received a Letter of Award from UNICEF for a long-term agreement for supply of bivalent oral polio vaccine (bOPV) to UNICEF starting from 1 st April 2026 to 31st March 2030.

Panacea Biotec was quoting at Rs 413.85, up Rs 11.70, or 2.91 percent.

It has touched an intraday high of Rs 423.70 and an intraday low of Rs 399.00.

It was trading with volumes of 30,494 shares, compared to its five day average of 7,584 shares, an increase of 302.07 percent.

In the previous trading session, the share closed down 1.03 percent or Rs 4.20 at Rs 402.15.

The share touched a 52-week high of Rs 581.00 and a 52-week low of Rs 268.10 on 15 May, 2025 and 09 October, 2024, respectively.

Currently, the stock is trading 28.77 percent below its 52-week high and 54.36 percent above its 52-week low.

Market capitalisation stands at Rs 2,534.86 crore.

The company’s production in September fell 3.9% year-on-year to 48.97 million tonnes (MT) versus 50.94 MT, while the offtake was down 1.1% to 53.56 MT versus 54.16 MT during the same period.

Coal India was quoting at Rs 382.40, down Rs 6.60, or 1.70 percent.

It has touched an intraday high of Rs 389.00 and an intraday low of Rs 381.60.

It was trading with volumes of 418,872 shares, compared to its five day average of 564,172 shares, a decrease of -25.75 percent.

In the previous trading session, the share closed down 0.27 percent or Rs 1.05 at Rs 389.00.

The share touched a 52-week high of Rs 504.45 and a 52-week low of Rs 349.20 on 04 October, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 24.19 percent below its 52-week high and 9.51 percent above its 52-week low.

Market capitalisation stands at Rs 235,662.73 crore.

The Sensex was up 29.92 points or 0.04 percent at 81,013.23, and the Nifty was down 5.20 points or 0.02 percent at 24,831.10. About 2227 shares advanced, 1500 shares declined, and 128 shares unchanged.

QIB – 0.00 times

NII - 0.01 times

Retail – 0.11times

Employee Reserved - 0.71 times

Overall – 0.03 times

The company's standalone revenue from operations posted a strong growth of 71% YoY to Rs 5,319 million in Q2FY26 and 55% YoY to Rs 9,097 million in H1FY26.

Sales Per Square Feet (PSF) stood at Rs 865 per month in Q2FY26 and Rs 768 per month in H1FY26.

The total number of stores stood at 250, and the total rental area was 22.96 Lakh Sq Ft as of September 30, 2025. During Q2FY26, the company added 20 new stores and closed 2 stores.

In H1FY26, 42 new stores were added while 6 stores were closed.

Rail Vikas Nigam emerges as the Lowest Bidder (L1) from Western Railway for contract for strengthening of S&T maintenance activities by providing round the clock manpower for maintenance, repair and upkeep of signaling and telecom gears installed at

various locations of Ahmedabad Division for two years. The contract is worth Rs 40,41,60,533.80.

QIB – 5.05 times

NII - 71.55 times

Retail – 10.81 times

Employee Reserved - 15.05 times

Overall – 22.17 times

QIB – 3.97 times

NII - 6.25 times

Retail – 2.25 times

Employee Reserved - 0.49 times

Overall – 3.33 times

Adani Hybrid Energy Jaisalmer Five Limited, wholly-owned stepdown subsidiary of Adani Green has commissioned solar power project of 50 MW and wind power project of 31.2 MW at Khavda, Gujarat on September 30, 2025 (certificate for which is received on October 01, 2025).

With commissioning of these plants, AGEL’s total operational renewable generation capacity has increased to 16,679.80 MW.

Adani Green Energy Limited was quoting at Rs 1,065.10, up Rs 0.40, or 0.04 percent.

It has touched an intraday high of Rs 1,078.85 and an intraday low of Rs 1,054.10.

It was trading with volumes of 279,657 shares, compared to its five day average of 85,550 shares, an increase of 226.89 percent.

In the previous trading session, the share closed up 3.69 percent or Rs 37.90 at Rs 1,064.70.

The share touched a 52-week high of Rs 1,849.75 and a 52-week low of Rs 758.00 on 09 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 42.42 percent below its 52-week high and 40.51 percent above its 52-week low.

Market capitalisation stands at Rs 175,440.73 crore.

Utkarsh Small Finance Bank was quoting at Rs 21.95, up Rs 0.19, or 0.87 percent.

It has touched an intraday high of Rs 22.55 and an intraday low of Rs 21.94.

It was trading with volumes of 213,318 shares, compared to its five day average of 156,395 shares, an increase of 36.40 percent.

In the previous trading session, the share closed up 3.82 percent or Rs 0.80 at Rs 21.76.

The share touched a 52-week high of Rs 46.40 and a 52-week low of Rs 19.35 on 07 October, 2024 and 29 August, 2025, respectively.

Currently, the stock is trading 52.69 percent below its 52-week high and 13.44 percent above its 52-week low.

Market capitalisation stands at Rs 2,418.03 crore.

The company achieved standalone revenue growth of approximately 63%, compared to the corresponding quarter of the previous financial year.

The company has successfully reduced its outstanding debt that was payable to its banks by  approximately 23% during this quarter.

PC Jeweller was quoting at Rs 13.34, up Rs 0.68, or 5.37 percent.

It has touched an intraday high of Rs 13.44 and an intraday low of Rs 13.03.

It was trading with volumes of 9,557,790 shares, compared to its five day average of 9,899,343 shares, a decrease of -3.45 percent.

In the previous trading session, the share closed up 2.43 percent or Rs 0.30 at Rs 12.66.

The share touched a 52-week high of Rs 19.65 and a 52-week low of Rs 10.21 on 07 July, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 32.11 percent below its 52-week high and 30.66 percent above its 52-week low.

Market capitalisation stands at Rs 9,428.80 crore.

Trac Precision Solutions announced its partnership with Coolbrook to supply critical machined and cast components for its RotoDynamic Heater (RDH) - a breakthrough technology designed to electrify high-temperature industrial heating processes, significantly reducing global CO₂ emissions.

PTC Industries was quoting at Rs 16,378.05, up Rs 682.25, or 4.35 percent.

It has touched an intraday high of Rs 17,107.55 and an intraday low of Rs 15,750.00.

It was trading with volumes of 4,259 shares, compared to its five day average of 1,144 shares, an increase of 272.23 percent.

In the previous trading session, the share closed up 1.19 percent or Rs 184.15 at Rs 15,695.80.

The share touched a 52-week high of Rs 17,978.00 and a 52-week low of Rs 9,786.30 on 09 January, 2025 and 20 February, 2025, respectively.

Currently, the stock is trading 8.9 percent below its 52-week high and 67.36 percent above its 52-week low.

Market capitalisation stands at Rs 24,541.08 crore.

The company has received a Letter of Award of Rs 4.75 crore from Madhya Pradesh Urja Vikas Nigam for design, manufacture, supply, transport, installation, testing and commissioning of Off-Grid DC & AC Solar Photovoltaic Water Pumping Systemunder Component-B of Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan which is being implemented in Madhya Pradesh as PM Krishak Mitra Surya Yojana.

Crompton Greaves Consumer Electrical was quoting at Rs 294.50, up Rs 1.45, or 0.49 percent.

It has touched an intraday high of Rs 296.00 and an intraday low of Rs 292.40.

It was trading with volumes of 23,212 shares, compared to its five day average of 295,884 shares, a decrease of -92.16 percent.

In the previous trading session, the share closed up 0.57 percent or Rs 1.65 at Rs 293.05.

The share touched a 52-week high of Rs 447.25 and a 52-week low of Rs 286.20 on 11 October, 2024 and 30 September, 2025, respectively.

Currently, the stock is trading 34.15 percent below its 52-week high and 2.9 percent above its 52-week low.

Market capitalisation stands at Rs 18,963.29 crore.

Indian rupee is trading lower at 88.76 per dollar versus Wednesday's close of 88.69.

The company has been declared the successful bidder in the E-auction for the acquisition of immovable properties in Panipat, Haryana, for Rs 402.86 crore. It plans to set up a plant, carry out warehousing & allied activities, or consider partial monetization of land.

Delhivery was quoting at Rs 436.60, up Rs 2.05, or 0.47 percent.

It has touched an intraday high of Rs 437.50 and an intraday low of Rs 427.40.

It was trading with volumes of 89,250 shares, compared to its five day average of 32,308 shares, an increase of 176.25 percent.

In the previous trading session, the share closed down 3.42 percent or Rs 15.40 at Rs 434.55.

The share touched a 52-week high of Rs 489.00 and a 52-week low of Rs 236.80 on 18 September, 2025 and 13 March, 2025, respectively.

Currently, the stock is trading 10.72 percent below its 52-week high and 84.38 percent above its 52-week low.

Market capitalisation stands at Rs 32,632.15 crore.

UPL was quoting at Rs 676.30, up Rs 15.05, or 2.28 percent.

It has touched an intraday high of Rs 679.15 and an intraday low of Rs 665.35.

It was trading with volumes of 15,435 shares, compared to its five day average of 20,878 shares, a decrease of -26.07 percent.

In the previous trading session, the share closed up 0.84 percent or Rs 5.50 at Rs 661.25.

The share touched a 52-week high of Rs 740.80 and a 52-week low of Rs 493 on 25 August, 2025 and 31 December, 2024, respectively.

Currently, the stock is trading 8.71 percent below its 52-week high and 37.18 percent above its 52-week low.

Market capitalisation stands at Rs 53,897.82 crore.

QIB – 0.00 times

NII - 0.01 times

Retail – 0.10 times

Employee Reserved - 0.65 times

Overall – 0.02 times

The Sensex was down 39.85 points or 0.05 percent at 80,943.46, and the Nifty was down 19.55 points or 0.08 percent at 24,816.75. About 2183 shares advanced, 1483 shares declined, and 140 shares unchanged.

#1  Total business grew by 3.24% YoY as of 30th September 2025.

#2 Total Domestic Retail Term Deposits (RTD) of the Bank grew by 14.10% YoY as of 30th September 2025.

#3 Total Domestic Retail Advances of the Bank grew by 23.96% YoY as of 30th September 2025.

#4 Total Domestic Retail Agriculture MSME (RAM) Advances grew by 9.26% as of 30th September 2025

QIB – 3.92 times

NII - 42.36 times

Retail – 7.94 times

Employee Reserved - 12.83 times

Overall – 14.16 times

QIB – 3.97 times

NII - 6.01 times

Retail – 2.10 times

Employee Reserved - 0.48 times

Overall – 3.20 times

#1 Total sales increase 7.9% to 6,87,220 units Vs 6,37,050 units, YoY

#2 Domestic sales grow 5% to 6,47,582 units Vs 6,16,706 units, YoY

#3 Exports surge 94.8% to 39,638 units Vs 20,344, YoY

Hero Motocorp was quoting at Rs 5,565.50, up Rs 136, or 2.50 percent.

It has touched an intraday high of Rs 5,582 and an intraday low of Rs 5,369.

It was trading with volumes of 30,009 shares, compared to its five day average of 32,535 shares, a decrease of -7.77 percent.

#1 Total sales increase 2.7% to 1,89,665 units Vs 1,84,727 units, YoY

#2 Domestic sales fall 6.1% to 1,47,461 units Vs 1,56,999 units, YoY

#3 Exports surge 52.2% to 42,204 Vs 27,728 units, YoY

#4 Total production soars 26.4% to 2,01,915 units Vs 1,59,743 units, YoY

#5 Passenger vehicles production zooms 26.6% to 1,98,316 units Vs 1,56,709 units, YoY

Maruti Suzuki India was quoting at Rs 15,802.70, down Rs 168.50, or 1.06 percent.

It has touched an intraday high of Rs 16,015.35 and an intraday low of Rs 15,768.90.

It was trading with volumes of 6,368 shares, compared to its five day average of 15,670 shares, a decrease of -59.36 percent.

Paushak was quoting at Rs 947.05, up Rs 53.99, or 6.05 percent.

It has touched a 52-week high of Rs 991.20.

It has touched an intraday high of Rs 991.20 and an intraday low of Rs 904.60.

It was trading with volumes of 56,959 shares, compared to its five day average of 11,942 shares, an increase of 376.96 percent.

In the previous trading session, the share closed up 0.95 percent or Rs 8.37 at Rs 893.06.

The share touched a 52-week low of Rs 468.25 on 20 March, 2025, and currently, the stock is trading 102.25 percent above its 52-week low.

Market capitalisation stands at Rs 291.89 crore.

The company’s production in September fell 3.9% year-on-year to 48.97 million tonnes (MT) versus 50.94 MT, while the offtake was down 1.1% to 53.56 MT versus 54.16 MT during the same period.

Coal India was quoting at Rs 382.20, down Rs 6.80, or 1.75 percent.

It has touched an intraday high of Rs 389 and an intraday low of Rs 381.75.

It was trading with volumes of 346,676 shares, compared to its five day average of 564,172 shares, a decrease of -38.55 percent.

In the previous trading session, the share closed down 0.27 percent or Rs 1.05 at Rs 389.

The share touched a 52-week high of Rs 504.45 and a 52-week low of Rs 349.20 on 04 October, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 24.23 percent below its 52-week high and 9.45 percent above its 52-week low.

Market capitalisation stands at Rs 235,539.48 crore.

In the month of September 2025, the retail sales post GST cut implementation remained strong across the automobile industry. However, the wholesale volume performance remained mixed for auto companies as some segments faced logistic challenges.  Domestic passenger vehicle segment wholesale volumes is expected to have grown by mid-to-high single digits and was impacted on account of weak retail demand prior to September 22, and freight unavailability.

The domestic two-wheeler segment wholesale volumes is estimated to have grown in double-digit supported by demand recovery during Navratri.  Domestic commercial vehicle segment wholesale volumes also grew in double-digit yoy, largely led by strong growth in the light commercial vehicle segment. Tractor players reported robust volume growth in September 2025, driven by GST cut, better reservoir levels and early festive season.  Exports remained strong across segments.

Automotive OEM’s like Tata Motors, Mahindra & Mahindra, Eicher Motors and Escorts reported strong and better than expected wholesale volume in September 2025.

The company has posted 12.32% YoY & 3.01% QoQ jump in its total deposits at Rs 53,803 crore and total advances up 10.49% YoY & up 4.16% QoQ at Rs 45,120 crore as on September 30, 2025.

Tamilnad Mercantile Bank was quoting at Rs 426.65, up Rs 2.15, or 0.51 percent.

It has touched an intraday high of Rs 427.35 and an intraday low of Rs 420.30.

It was trading with volumes of 2,590 shares, compared to its five day average of 4,408 shares, a decrease of -41.24 percent.

In the previous trading session, the share closed up 0.35 percent or Rs 1.50 at Rs 424.50.

The share touched a 52-week high of Rs 509.95 and a 52-week low of Rs 403.35 on 09 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 16.33 percent below its 52-week high and 5.78 percent above its 52-week low.

Market capitalisation stands at Rs 6,756.06 crore.

The board of directors of the company at its meeting held today approved raising of funds through issuance of up to 10,58,201 warrants for cash at a price of Rs 567 per warrant (including a premium of Rs 566 each (Warrant Issue Price), aggregating up to Rs 59,99,99,967, each Warrant convertible into 1 fully paid-up equity share of the company of face value of Re 1 each, to the Promoter Group and Non-Promoter on a preferential basis.

Zaggle Prepaid Ocean Services was quoting at Rs 344.20, up Rs 4.05, or 1.19 percent.

It has touched an intraday high of Rs 347 and an intraday low of Rs 337.10.

It was trading with volumes of 444,508 shares, compared to its five day average of 1,113,394 shares, a decrease of -60.08 percent.

In the previous trading session, the share closed down 1.72 percent or Rs 5.95 at Rs 340.15.

The share touched a 52-week high of Rs 591.90 and a 52-week low of Rs 298.65 on 11 December, 2024 and 09 April, 2025, respectively.

Currently, the stock is trading 41.85 percent below its 52-week high and 15.25 percent above its 52-week low.

Market capitalisation stands at Rs 4,621.02 crore.

In Q2 FY26, the company estimate the overall disbursement at approximately Rs. 13,500 crore, YoY growth of 3% over previous year and for H1 FY26 disbursement at approximately Rs 26,300 crore, a growth of 2% YoY (excluding finance lease).

Business Assets at approximately Rs 1,26,800 crore grew by ~13% over September 2024.

The Collection Efficiency (CE) is estimated at 96% for Q2 FY26 (In Q2 FY25, CE was 96%).

The Sensex was up 2.32 points or 0.00 percent at 80,985.63, and the Nifty was down 9.65 points or 0.04 percent at 24,826.65. About 2135 shares advanced, 1465 shares declined, and 156 shares unchanged.

The company has signed a non-binding MOU with the Ministry of Food Processing Industries, Government of India, for an investment of up to Rs. 1,000 crores.

Patanjali Foods was quoting at Rs 580.00, down Rs 1.65, or 0.28 percent.

It has touched an intraday high of Rs 586.00 and an intraday low of Rs 576.70.

It was trading with volumes of 22,008 shares, compared to its five day average of 260,287 shares, a decrease of -91.54 percent.

In the previous trading session, the share closed up 0.75 percent or Rs 4.35 at Rs 581.65.

The share touched a 52-week high of Rs 670.67 and a 52-week low of Rs 523.33 on 16 April, 2025 and 28 February, 2025, respectively.

Currently, the stock is trading 13.52 percent below its 52-week high and 10.83 percent above its 52-week low.

Market capitalisation stands at Rs 63,094.04 crore.

Canara Bank was quoting at Rs 123.95, up Rs 0.30, or 0.24 percent.

It has touched an intraday high of Rs 124.45 and an intraday low of Rs 123.30.

It was trading with volumes of 1,777,749 shares, compared to its five day average of 3,168,160 shares, a decrease of -43.89 percent.

In the previous trading session, the share closed down 0.04 percent or Rs 0.05 at Rs 123.65.

The share touched a 52-week high of Rs 124.60 and a 52-week low of Rs 78.58 on 01 October, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 0.52 percent below its 52-week high and 57.74 percent above its 52-week low.

Market capitalisation stands at Rs 112,430.72 crore.

Azad Engineering was quoting at Rs 1,772, up Rs 161.85, or 10.05 percent.

It has touched an intraday high of Rs 1,772 and an intraday low of Rs 1,602.45.

It was trading with volumes of 21,552 shares, compared to its five day average of 13,088 shares, an increase of 64.67 percent.

In the previous trading session, the share closed up 3.14 percent or Rs 48.95 at Rs 1,610.15.

The share touched a 52-week high of Rs 1,928.00 and a 52-week low of Rs 1,128.40 on 03 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 8.09 percent below its 52-week high and 57.04 percent above its 52-week low.

Market capitalisation stands at Rs 11,443.88 crore.

Max Healthcare Institute was quoting at Rs 1,066.60, down Rs 45.95, or 4.13 percent.

It has touched an intraday high of Rs 1,112.50 and an intraday low of Rs 1,065.25.

It was trading with volumes of 66,536 shares, compared to its five day average of 24,814 shares, an increase of 168.14 percent.

In the previous trading session, the share closed down 0.30 percent or Rs 3.30 at Rs 1,112.55.

The share touched a 52-week high of Rs 1,314.30 and a 52-week low of Rs 889.00 on 04 July, 2025 and 24 October, 2024, respectively.

Currently, the stock is trading 18.85 percent below its 52-week high and 19.98 percent above its 52-week low.

Market capitalisation stands at Rs 103,698.74 crore.

The High Court of Bombay has set aside the water charge demands raised by WRD, amounting to Rs 443 crore till date, and has directed WRD to afresh ascertain the bifurcation of water charges (towards raw material and process usage) within a period of three months and issue a reconciled water charges bill from November 2018 till date.

The Court has also directed the company to submit an interim deposit of Rs 66.50 crore (which will be adjusted towards the reconciled water bills).

United Spirits was quoting at Rs 1,355.85, up Rs 9.20, or 0.68 percent on the BSE.

The Buildings & Factories (B&F) vertical of Larsen & Toubro has recently secured major orders in India.

The business has secured an order from a reputed MNC for one of the largest proposed IT Parks with a development of 5.9 million sq. feet on a Lumpsum Turnkey basis at Bengaluru and to be delivered in two phases.

The bank has received a Show Cause Notice (SCN) from the Assistant Commissioner of State Tax, Mumbai, demanding GST of Rs 92 crore (including interest and penalty) for the financial year 2019–20, pertaining to the reversal of GST input credit, taken under a separate registration obtained for the digital banking business vertical by the bank.

RBL Bank was quoting at Rs 275.80, up Rs 0.55, or 0.20 percent.

It has touched an intraday high of Rs 279.85 and an intraday low of Rs 272.85.

It was trading with volumes of 222,029 shares, compared to its five day average of 353,445 shares, a decrease of -37.18 percent.

In the previous trading session, the share closed down 0.85 percent or Rs 2.35 at Rs 275.25.

The share touched a 52-week high of Rs 281.50 and a 52-week low of Rs 146 on 01 October, 2025 and 20 January, 2025, respectively.

Currently, the stock is trading 2.02 percent below its 52-week high and 88.9 percent above its 52-week low.

Market capitalisation stands at Rs 16,907.11 crore.

The company has commenced production of passenger vehicles at its manufacturing facility — Talegaon plant in Pune, with an annual installed capacity of 1.7 lakh units.

Hyundai Motor India was quoting at Rs 2,547.55, up Rs 10.50, or 0.41 percent.

It has touched an intraday high of Rs 2,590 and an intraday low of Rs 2,510.

It was trading with volumes of 14,503 shares, compared to its five day average of 35,896 shares, a decrease of -59.60 percent.

In the previous trading session, the share closed down 1.80 percent or Rs 46.50 at Rs 2,537.05.

The share touched a 52-week high of Rs 2,889.65 and a 52-week low of Rs 1,542.95 on 22 September, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 11.84 percent below its 52-week high and 65.11 percent above its 52-week low.

Market capitalisation stands at Rs 206,998.91 crore.

The Sensex was down 87.82 points or 0.11 percent at 80,895.49, and the Nifty was down 32.60 points or 0.13 percent at 24,803.70. About 2060 shares advanced, 1441 shares declined, and 170 shares unchanged.

The company has received a contract from Godawari Power & Ispat for a 6Hi Reversible Cold Rolling Mill at Tilda, Raipur. The scope of work also includes supervision of erection and commissioning, ensuring full contractual performance guarantees.

John Cockerill India was quoting at Rs 6,200, up Rs 163, or 2.70 percent.

It has touched an intraday high of Rs 6,329.95 and an intraday low of Rs 6,100.

It was trading with volumes of 29,051 shares, compared to its five day average of 20,133 shares, an increase of 44.30 percent.

In the previous trading session, the share closed up 1.85 percent or Rs 109.65 at Rs 6,037.

The share touched a 52-week high of Rs 6,385.85 and a 52-week low of Rs 2,383.00 on 22 September, 2025 and 17 February, 2025, respectively.

Currently, the stock is trading 2.91 percent below its 52-week high and 160.18 percent above its 52-week low.

Market capitalisation stands at Rs 3,061.44 crore.

The company has been declared the successful bidder in the E-auction for the acquisition of immovable properties in Panipat, Haryana, for Rs 402.86 crore. It plans to set up a plant, carry out warehousing & allied activities, or consider partial monetization of land.

KRBL was quoting at Rs 345.60, up Rs 1.45, or 0.42 percent.

It has touched an intraday high of Rs 354.90 and an intraday low of Rs 345.00.

It was trading with volumes of 40,937 shares, compared to its five day average of 51,283 shares, a decrease of -20.17 percent.

In the previous trading session, the share closed down 0.12 percent or Rs 0.40 at Rs 344.15.

The share touched a 52-week high of Rs 495.00 and a 52-week low of Rs 225.70 on 22 August, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 30.18 percent below its 52-week high and 53.12 percent above its 52-week low.

Market capitalisation stands at Rs 7,910.43 crore.

MOIL was quoting at Rs 387.85, up Rs 19.35, or 5.25 percent.

It has touched an intraday high of Rs 388.00 and an intraday low of Rs 365.70.

It was trading with volumes of 139,754 shares, compared to its five day average of 62,914 shares, an increase of 122.13 percent.

In the previous trading session, the share closed down 0.47 percent or Rs 1.75 at Rs 368.50.

The share touched a 52-week high of Rs 405.50 and a 52-week low of Rs 280.60 on 10 June, 2025 and 21 November, 2024, respectively.

Currently, the stock is trading 4.35 percent below its 52-week high and 38.22 percent above its 52-week low.

Market capitalisation stands at Rs 7,892.17 crore.

The company's wholly owned step-down subsidiary, TBO LLC, has completed the acquisition of 100% ownership interest in US-based Classic Vacations for $125 million.

TBO Tek was quoting at Rs 1,554.35, up Rs 32.45, or 2.13 percent.

It has touched an intraday high of Rs 1,580.60 and an intraday low of Rs 1,531.35.

It was trading with volumes of 1,058 shares, compared to its five day average of 5,277 shares, a decrease of -79.95 percent.

In the previous trading session, the share closed down 0.09 percent or Rs 1.40 at Rs 1,521.90.

The share touched a 52-week high of Rs 1,844.55 and a 52-week low of Rs 985.70 on 06 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 15.73 percent below its 52-week high and 57.69 percent above its 52-week low.

Market capitalisation stands at Rs 16,878.34 crore.

Abu Dhabi-based Avenir Investment RSC, an affiliate of International Holding Company, has acquired a 43.46% stake in Sammaan Capital for Rs 8,850 crore through a preferential allotment of 63.66 crore shares.

It has become the new promoter of Sammaan Capital.

International Holding Company is set to launch a mandatory open offer under SEBI takeover rules.

RITES has received a work order from Damodar Valley Corporation (DVC) for AMC of Railway Sidings tracks, O&M of S&T and operation of 25KV OHE isolators and associated Systems at DVC Mejia Thermal Power Station. The contract is worth of Rs 36,22,69,344 crore.

RITES was quoting at Rs 252.94, up Rs 1.14, or 0.45 percent.

It has touched an intraday high of Rs 255.00 and an intraday low of Rs 252.05.

It was trading with volumes of 358,825 shares, compared to its five day average of 8,229,701 shares, a decrease of -95.64 percent.

In the previous trading session, the share closed up 2.34 percent or Rs 5.76 at Rs 251.80.

The share touched a 52-week high of Rs 333.25 and a 52-week low of Rs 192.40 on 09 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 24.1 percent below its 52-week high and 31.47 percent above its 52-week low.

Market capitalisation stands at Rs 12,156.39 crore.

Delhivery was quoting at Rs 432.00, down Rs 2.55, or 0.59 percent.

It has touched an intraday high of Rs 436.00 and an intraday low of Rs 427.40.

It was trading with volumes of 58,293 shares, compared to its five day average of 32,308 shares, an increase of 80.43 percent.

In the previous trading session, the share closed down 3.42 percent or Rs 15.40 at Rs 434.55.

The share touched a 52-week high of Rs 489.00 and a 52-week low of Rs 236.80 on 18 September, 2025 and 13 March, 2025, respectively.

Currently, the stock is trading 11.66 percent below its 52-week high and 82.43 percent above its 52-week low.

Market capitalisation stands at Rs 32,288.34 crore.

Trualt Bioenergy. made an impressive debut on the stock market with a strong listing gain of around 9% over its issue price of Rs 496, getting listed at approximately Rs 545.

The company is engaged in the production of biofuels, renewable energy solutions, and sustainable energy infrastructure, aligning with India’s growing push towards green energy and net-zero targets.

It operates in a high-growth, policy-backed sector with significant government support and rising demand for clean energy alternatives. Investors may book partial profit and hold half with a stop loss of Rs 520.

QIB – 0.00 times

NII - 0.00 times

Retail – 0.04 times

Employee Reserved - 0.15 times

Overall – 0.01 times

Sandur Manganese and Iron Ores was quoting at Rs 180.20, up Rs 11.65, or 6.91 percent.

It has touched an intraday high of Rs 182 and an intraday low of Rs 166.85.

It was trading with volumes of 225,700 shares, compared to its five day average of 181,911 shares, an increase of 24.07 percent.

In the previous trading session, the share closed down 0.18 percent or Rs 0.30 at Rs 168.55.

The share touched a 52-week high of Rs 185.83 and a 52-week low of Rs 112.77 on 28 May, 2025 and 12 February, 2025, respectively.

Currently, the stock is trading 3.03 percent below its 52-week high and 59.79 percent above its 52-week low.

Market capitalisation stands at Rs 8,759.61 crore.

QIB – 3.51 times

NII - 7.48 times

Retail – 2.46 times

Employee Reserved - 3.98 times

Overall – 3.84 times

QIB – 3.95 times

NII - 5.39 times

Retail – 1.51 times

Employee Reserved - 0.37 times

Overall – 2.73 times

The High Court of Bombay has set aside the water charge demands raised by WRD, amounting to Rs 443 crore till date, and has directed WRD to afresh ascertain the bifurcation of water charges (towards raw material and process usage) within a period of three months and issue a reconciled water charges bill from November 2018 till date.

The Court has also directed the company to submit an interim deposit of Rs 66.50 crore (which will be adjusted towards the reconciled water bills).

United Spirits was quoting at Rs 1,351.40, up Rs 4.75, or 0.35 percent.

It has touched an intraday high of Rs 1,358.95 and an intraday low of Rs 1,342.60.

It was trading with volumes of 7,634 shares, compared to its five day average of 20,505 shares, a decrease of -62.77 percent.

In the previous trading session, the share closed up 1.48 percent or Rs 19.60 at Rs 1,346.65.

The share touched a 52-week high of Rs 1,700.00 and a 52-week low of Rs 1,270.50 on 03 January, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 20.51 percent below its 52-week high and 6.37 percent above its 52-week low.

Market capitalisation stands at Rs 98,294.19 crore.