Closing Bell: Nifty above 25,000, Sensex rises 583 pts led by IT, financials

Market Close | Sensex gains 583 points, Nifty above 25,050

Indian equity indices ended on strong note with Nifty above 25,000 on October 6. At close, the Sensex was up 582.95 points or 0.72 percent at 81,790.12, and the Nifty was up 183.40 points or 0.74 percent at 25,077.65.

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

Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services

Nifty50 ended higher for the third consecutive session crossing the crucial 25k mark, led by gains in banking and IT stocks together with the recent central bank lending reforms boosting investor sentiment. Nifty added 183 points to close at 25,077 (+0.7%), with Nifty Midcap100 and Smallcap100 up by 0.7% and 0.1% respectively. Amongst sectors, the IT index rose over 2% ahead of the Q2FY26 results season, with TCS earnings announcement on October 9th.

However, we expect 2Q to be a muted quarter for IT services, with no material improvement over the past quarter. Bank Nifty advanced for fifth straight session to reclaim 56,000-mark on strong Q2 business updates from HDFC and Kotak Mahindra Bank. Hospital stocks gained upto 6% after the government rationalised rates for nearly 2,000 medical procedures under the Central Government Health Services Scheme (CGHS) with effect from October 13th. Meanwhile, Nifty Metal declined more than 1% amid profit booking after a recent rally in the sector.

Overall, we expect Q2FY26 to mark a bottoming of earnings growth and a moderation in the trajectory of earnings cuts with Nifty earnings anticipated to grow by 6% YoY. This quarter will also reflect the initial impact of GST 2.0 reforms across select sectors. Corporate commentaries accompanying earnings releases will be key to assessing how the structural policy changes are shaping demand and profitability.

The primary market continues to witness heightened activity with big size IPOs including Tata Capital and LG Electronics India lined up in this week. With Nifty sustaining above the 25,000 mark, market sentiment remains constructive.

Stock-specific action is expected to dominate in the near term, as the Q2 results season unfolds, with sectors such as banking, IT, capital goods, and consumption likely to remain in focus.

Nandish Shah - Deputy Vice President, HDFC Securities

On the first day of the week, Nifty extended its momentum, posting a third consecutive day of gains. After a quiet start, the index rallied through the session, adding 183 points to close decisively above the crucial 25,000 level at 25,077.

Max Healthcare, Shriram Finance, and TCS ended with the highest gains within the Nifty pack. Conversely, Trent, Tata Steel, and Adani Ports experienced selling pressure and ended as major losers. Nse Cash market turnover was lower by 4% as compared to Friday.

Sectoral strength was broad based, with most indices closing in the green, barring Nifty Media, Metal, and FMCG. Amongst them, Nifty IT, Healthcare and Financial services ended with highest gains.

The HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, slipped to 60.9 in September from 15 year high of 62.9 in August. India’s services sector cooled in September as growth in new orders and output eased amid softer export demand and heightened global competition.

Both the Nifty Midcap 100 (+0.9%) and Smallcap 100 Index (+0.28%) continued their upward journey along with the benchmark index. Despite the benchmark's strong rally, the market breadth weakened, with declining shares outnumbering advancing ones. This is reflected in a BSE advance-decline ratio of 0.74.

Positional trend of the Nifty turned positive as it closed above its 20 day EMA. Moreover, Nifty decisively surpassed the key resistance levels placed at 24916 and 25018, derived from 38.2% and 50% retracement of the entire fall seen from 25448 to 24587. Immediate resistance is now placed at 25150, followed by 25330. On the downside, the immediate support level has shifted upward to 24,900.

Ajit Mishra – SVP, Research, Religare Broking

Markets began the week on a strong note, gaining over half a percent amid supportive global and domestic cues. The tone remained positive throughout the session, aided by rotational buying in index heavyweights. Consequently, the Nifty index settled near the day’s high at 25,077.65. Sector-wise, strength in banking, along with a rebound in IT and healthcare, drove the momentum, while metals and FMCG traded on a muted note. Broader market sentiment also remained upbeat, with the midcap index advancing nearly a percent and smallcaps posting modest gains.

The rally was supported by a combination of robust domestic triggers and encouraging global factors. Positive business updates from leading private banks bolstered sentiment, while the upward revision of CGHS rates added traction to healthcare stocks. Additionally, festive season demand and optimism around upcoming IPOs kept the undertone constructive. Globally, optimism surrounding potential US Fed policy easing and strength in Asian markets fueled risk-on appetite.

Technically, the Nifty has reclaimed its short-term moving average (20-DEMA) and looks poised to test 25,150, with potential to extend the move toward 25,400. Sustained strength in banking and IT majors will be key to maintaining momentum. Amid all, we continue to favor themes such as PSU banks, oil marketing companies, and defense, while using dips to accumulate quality names from the metal and auto sectors.

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices continued their positive momentum. The Nifty ended 183 points higher, while the Sensex was up by 583 points. Among sectors, the IT index gained the most, rallying over 2 percent, whereas profit booking was seen in the Metal index, which shed nearly 1 percent. Technically, after a muted open, the market held the positive momentum throughout the day. A bullish candle on daily charts and an uptrend continuation formation on intraday charts indicate a further uptrend from the current levels.

We believe that the current market texture is bullish, but buying on intraday dips and selling on rallies would be the ideal strategy for day traders.

On the downside, 25000–24,950/81500-81300 would act as crucial support zones, while 25,150/82000 and 25,200/82200 could be immediate resistance levels for the bulls. However, below 24,950/81300, the uptrend would become vulnerable.

Osho Krishan, Sr. Analyst – Technical & Derivatives, Angel One

The Indian equity markets commenced the new week with substantial strength, as the benchmark index exhibited a consistent upward trajectory throughout the trading session. Ultimately, the Nifty50 index concluded near the highest point of the day, reflecting a significant recovery attributed to short covering, followed by long build-up activities. The index finished near the 25080 level, marking a gain of 0.74 percent.

The recent developments in the Nifty50 index demonstrate a promising recovery, as it has retraced 50 percent to its recent decline. Furthermore, the index has notably surpassed both the 50 and 20 DEMA, indicating a positive trend in its chart structure. This resurgence may signal potential for continued market growth. On the levels front, the 25000 zone is anticipated to provide substantial support and is expected to favor bullish sentiments, aligning with the prevailing strategy of "buy on dips".

While the critical support level is expected to be placed around the range of 24930-24900, which represents the confluence of the 20-day and 50-day EMA. On the upper end, the 61.80% Fibonacci retracement level, along with the previously established breakout neckline situated around 25120-25150, is likely to serve as a significant barrier, and a decisive breakthrough could potentially initiate a new rally, aiming towards the range of 25220 to 25250 in the intermediate term.

As we move forward, the ongoing activity in the high-beta index, Nifty Bank, is poised to positively enhance market sentiments. Considering this outlook, it is beneficial to explore opportunities within the broader market. Moreover, capitalizing on dips in key indices presents a valuable opportunity to establish long positions.

Abhinav Tiwari, Research Analyst at Bonanza

Today, the Indian stock market closed positively, with the Sensex rising 582 points (0.72%) to 81,790 and Nifty 50 gaining 183 points (0.74%) to 25,078. The positive closing was led by robust buying momentum in banking and IT sectors, with private banks such as Kotak Mahindra Bank and Axis Bank posting healthy gains. Key sectors like IT also gained more than 2%, boosting overall market sentiment. The rally was supported by sustained domestic investor confidence, steady global cues, and optimism around upcoming quarterly earnings. While metal, FMCG, and pharma indices saw slight declines, the overall market breadth remained favorable with a good number of stocks advancing over those declining.

The market’s upbeat mood was driven by the Reserve Bank of India’s stable monetary policy stance and regulatory moves facilitating easier capital market access for banks. Additionally, there was positive sentiment due to strong Q2 earnings expectations particularly from the financial sector and renewed investor interest in consumption linked sectors. Despite persistent foreign institutional investor selling pressure, resilient domestic buying cushioned the market, reflecting confidence in India’s growth story.

Key takeaways from the session highlight the strengthening role of private banks and IT companies as market leaders. Broad participation across midcaps and select sector leaders signals healthy market breadth and diversification. Looking ahead, market expectations remain cautiously optimistic with investors focused on Q2 earnings results and macroeconomic data releases.

Nearly 200 stocks touched their 52-week high on the BSE, including KIOCL, Fortis Healthcare, Nykaa, Poonawalla Fincorp, Bank of Baroda, Muthoot Finance, Canara Bank, Hindustan Copper, Indian Bank, Aditya Birla Capital, Nippon Life India Asset Management, L&T Finance, among others....Read More

Prashanth Tapse, Senior VP (Research), Mehta Equities

Market remained in positive territory through the session mainly aided by gains in banking, IT and healthcare stocks. Despite the upmove, it was not a broad-based rally, indicating that undertone still remains cautious with a weak bias owing to sharp selling by overseas investors.

While global economic uncertainty coupled with the shutdown of the US government will weigh on the sentiment, focus will now shift to second quarter corporate earnings that will give some hint about the health of the companies amidst the delay in the US-India trade deal.

Vinod Nair, Head of Research, Geojit Investments

The domestic equity market ended the session on a positive note, led by gains in the financial services and IT sectors, ahead of the Q2 results. The banking index outperformed, bolstered by strong quarterly updates announced by large scheduled banks and attractive valuations, while hospital stocks surged following the revision of CGHS rates.

Investors now look to Q2FY26 earnings for guidance; though expectations remain moderate, the market is more optimistic regarding Q3 results, led by a rise in consumer demand.

Tuhin Kanta Pandey, Chairman SEBI

Retail Investor should be aware of influencers as they have conflict of interest.

Investors should avoid speculative trading in derivatives, as they may not understand the risk associated.

Need more awareness about risk assessment among investors

We have to focus more on making investors aware

A multi pronged approach is being targeted by SEBI for investor awareness, cyber fraud etc

Need more awareness campaign in regional languages

Currency Check | Rupee closes flat

Indian rupee ended flat at 88.79 per dollar on Monday versus Friday's close of 88.78.

Market Close | Nifty above 25,000, Sensex rises 583 pts led by IT, financials

Indian equity indices ended on strong note with Nifty above 25,000 on October 6.

At close, the Sensex was up 582.95 points or 0.72 percent at 81,790.12, and the Nifty was up 183.40 points or 0.74 percent at 25,077.65. About 1715 shares advanced, 2370 shares declined, and 154 shares unchanged.

Biggest Nifty gainers were Max Healthcare, Shriram Finance, Apollo Hospitals, TCS, Tech Mahindra, while losers included Tata Steel, Adani Ports, Power Grid Corp, ITC and NTPC.

Among sectors, IT index rose 2 percent, healthcare index rose 1 percent, private bank index up 1.2 percent, oil & gas index up 0.7 percent and PSU Bank index was up 0.4 percent, while metal, media, FMCG, down 0.3-0.9 percent.

The BSE midcap index rose 0.7 percent, while smallcap index ended marginally lower.

Sensex Today | Soon NSE may go public, we are pretty much on track, says NSE Chairman, Injeti Srinivas

Sensex Today | Morgan Stanley keeps 'overweight' rating on Bajaj Finance, target at Rs 1,150

#1 Steady Q2 update, AUM up 24 percent YoY & 5 percent QoQ

#2 Expect strong PPoP growth of 22 percent YoY & 5 percent QoQ

#3 Credit cost likely to remain rangebound both QoQ & YoY

#4 Build in credit cost of 198 bps for Q2FY26 & 191 bps for FY26

#5 Earnings may compound at 25 percent in FY26 & 28 percent in FY27

Sensex | Nomura keeps 'buy' rating on HDFC Bank, target price at Rs 1,095

#1 Bank reported strong gross loan growth of 4.4 percent QoQ after adjusting for loan sell-downs, signaling robust credit momentum

#2 Deposit growth remained soft at 1.4 percent QoQ with CASA ratio stable at 33.9 percent

#3 Raising some concerns about funding support for future loan growth

#4 Loan-to-deposit ratio rose by around 285 bps QoQ to 99 percent, indicating tighter liquidity buffers amid slower deposit accretion

#5 Bank remains well-positioned to grow at or above system credit growth through FY26

#6 Target price has been revised to Rs 1,095 post 1:1 bonus issue, with a buy rating maintained

#7 Key downside risks include weak deposit mobilisation & margin pressure

Sensex Today | Investec retains 'buy' rating on Marico, target price at Rs 817

#1 Company’s india business maintained high single-digit volume growth despite trade disruptions from GST changes

#2 Parachute showing resilience amid >60 percent YoY price hikes

#3 Saffola oils volumes remained flat due to a high base

#4 Gross margins faced pressure from elevated copra & vegetable oil prices

#5 Operating profit is expected to grow modestly YoY as ad spends remained intact

#6 International business grew around 20 percent in constant currency

#7 Company remains a top large-cap FMCG pick with around 7 percent expected volume growth in India

#8 Margin recovery likely in H2FY26

#9 Buy rating maintained with 29 percent revenue growth forecast for Q2FY26

Sensex Today | Trent Q2 standalone revenue up 17% at 5,002 crore versus Rs 4,260 crore, YoY

Trent was quoting at Rs 4,860.00, up Rs 45.10, or 0.94 percent.

It has touched an intraday high of Rs 4,908.30 and an intraday low of Rs 4,798.00.

It was trading with volumes of 17,883 shares, compared to its five day average of 55,943 shares, a decrease of -68.03 percent.

In the previous trading session, the share closed down 0.38 percent or Rs 18.60 at Rs 4,814.90.

The share touched a 52-week high of Rs 8,345.85 and a 52-week low of Rs 4,491.75 on 14 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 41.77 percent below its 52-week high and 8.2 percent above its 52-week low.

Market capitalisation stands at Rs 172,766.91 crore.

Sensex Today | BSE Midcap index up 0.6%, rises on fifth consecutive session

Sensex | Nomura retains 'neutral' rating on Kotak Mahindra Bank, target price at Rs 2,150

#1 Net advances rose 15.8 percent YoY & 4 percent QoQ; average advances grew 14.6 percent YoY

#2 Total deposits grew 14.6 percent YoY & 3.1 percent QoQ, average deposits up 14.4 percent YoY

#3 CASA deposits grew 11.2 percent YoY & 6.7 percent QoQ, CASA ratio improved 144 bps QoQ to 42.3 percent

#4 Loan-to-deposit ratio increased 70 bps QoQ to 87.5 percent.

#5 Bank has reported strong loan & deposit growth numbers in its pre-quarterly update

#6 Focus remains on credit costs & NIMs

Sensex Today | European indices trade lower; Dow Futures up marginally

European stocks dropped, with France’s CAC 40 benchmark plunging more than 2% amid fresh political turmoil. Bonds fell and the euro weakened.

Sensex Today | 1.54 million shares of ICICI Bank traded in a block: Bloomberg

ICICI Bank was quoting at Rs 1,360.80, down Rs 4.20, or 0.31 percent.

It has touched an intraday high of Rs 1,372.50 and an intraday low of Rs 1,359.50.

It was trading with volumes of 179,332 shares, compared to its five day average of 569,513 shares, a decrease of -68.51 percent.

In the previous trading session, the share closed down 0.51 percent or Rs 6.95 at Rs 1,365.00.

The share touched a 52-week high of Rs 1,494.10 and a 52-week low of Rs 1,187.00 on 31 July, 2025 and 23 January, 2025, respectively.

Currently, the stock is trading 8.92 percent below its 52-week high and 14.64 percent above its 52-week low.

Market capitalisation stands at Rs 972,115.49 crore.

Sensex Today | Angel One’s September gross client acquisition, client Base rise MoM

#1 Gross Client acquisition up 0.6 percent MoM & down 42.3 percent YoY at 0.55 million

#2 Client Base up 1.5 percent MoM & up 24 percent YoY At 34.08 million

#3 Number of orders up 16.1 percent MoM & down 18.6 percent YoY at 127.57 million

#4 Average daily orders up 0.3 percent MoM & down 22.3 percent YoY at 5.80 million

Angel One was quoting at Rs 2,264.95, up Rs 63.50, or 2.88 percent.

It has touched an intraday high of Rs 2,270.00 and an intraday low of Rs 2,172.65.

It was trading with volumes of 103,293 shares, compared to its five day average of 33,853 shares, an increase of 205.12 percent.

In the previous trading session, the share closed up 1.18 percent or Rs 25.75 at Rs 2,201.45.

The share touched a 52-week high of Rs 3,502.60 and a 52-week low of Rs 1,942 on 09 December, 2024 and 13 March, 2025, respectively.

Currently, the stock is trading 35.34 percent below its 52-week high and 16.63 percent above its 52-week low.

Market capitalisation stands at Rs 20,546.93 crore.

Sensex Today | 1 million shares of Reliance Industries traded in a block: Bloomberg

Reliance Industries was quoting at Rs 1,374.60, up Rs 11.15, or 0.82 percent.

It has touched an intraday high of Rs 1,377.20 and an intraday low of Rs 1,358.60.

It was trading with volumes of 553,849 shares, compared to its five day average of 924,183 shares, a decrease of -40.07 percent.

In the previous trading session, the share closed down 0.39 percent or Rs 5.35 at Rs 1,363.45.

The share touched a 52-week high of Rs 1,551.00 and a 52-week low of Rs 1,115.55 on 09 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 11.37 percent below its 52-week high and 23.22 percent above its 52-week low.

Market capitalisation stands at Rs 1,860,173.69 crore.

Sensex Today | India Volatility index jumps nearly 3%

Sensex Today | Tata Capital subscribed at 0.29 times at 2:42 PM (Day 1)

QIB – 0.32 times

NII - 0.21 times

Retail – 0.29 times

Employee Reserved - 0.94 times

Overall – 0.29 times

Sensex Today | WeWork India Management subscribed at 0.12 times at 2:39 PM (Day 2)

QIB – 0.09 times

NII - 0.05 times

Retail – 0.33 times

Employee Reserved - 1.33 times

Overall – 0.12 times

Sensex Today | IDFC First Bank share price up most in 14 weeks

IDFC First Bank was quoting at Rs 71.41, up Rs 2.41, or 3.49 percent.

It has touched an intraday high of Rs 71.49 and an intraday low of Rs 68.83.

It was trading with volumes of 961,554 shares, compared to its five day average of 1,084,927 shares, a decrease of -11.37 percent.

In the previous trading session, the share closed down 0.04 percent or Rs 0.03 at Rs 69.00.

The share touched a 52-week high of Rs 78.50 and a 52-week low of Rs 52.50 on 04 July, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 9.03 percent below its 52-week high and 36.02 percent above its 52-week low.

Market capitalisation stands at Rs 52,409.67 crore.

The controversy echoes similar past disputes in other sectors, including one in June 2025, where Alkem Laboratories filed a case in the Delhi High Court against Allchem Lifesciences, alleging trademark infringement, seeking a permanent injunction along with damages worth Rs 2 crore....Read More

Sensex | JPMorgan maintains 'neutral' rating on Avenue Supermart, target t Rs 4,350

#1 Q2 revenue growth of 15 percent to weigh on near-term stock performance

#2 Revenue growth is 2 percent below street expectations

#3 Pace of store expansion has stayed steady

Sensex Today | Nomura maintains 'buy' rating on IndusInd Bank, target price at Rs 960

#1 Loan growth was weak at -8.3 percent YoY & -1.9 percent QoQ

#2 Deposits fell 5.5 percent YoY & 1.8 percent QoQ, retail deposits grew 1.5 percent YoY but were flat QoQ

#3 CASA deposits dropped 18.9 percent YoY & 4 percent QoQ, CASA ratio fell 510 bps YoY to 30.8 percent

#4 Loan-to-deposit ratio remained stable QoQ at 84 percent

#5 Focus on management’s & risk outlook under new CEO Rajiv Anand

#6 Glide path for the bank will be critical to watch out for in Q2FY26

Brokerages are unanimous that India’s information technology (IT) services sector will deliver another muted quarter, with revenue growth largely flat and client spending still subdued....Read More

Sensex Today| JNK India gets ultra mega order of more than Rs1000 crore from JNK Global

Ratan Tata, who chaired the Trusts for decades, was known for his sweeping authority. During his tenure, alignment between Tata Trusts and Tata Sons was ensured by the weight of his personal influence...Read More

Markets@3 | Sensex rises 590 points, Nifty above 25000

The Sensex was up 592.17 points or 0.73 percent at 81,799.34, and the Nifty was up 179.65 points or 0.72 percent at 25,073.90. About 1617 shares advanced, 2187 shares declined, and 157 shares unchanged.

Sensex Today | Gold climbs above key $3,900 level for first time on safe-haven demand

Gold prices touched an all-time high on Monday, soaring above $3,900-per-ounce level, as investors flocked to safe-haven bullion amid the U.S. government shutdown, broader economic uncertainty, and prospects of further Federal Reserve rate cuts.

Spot gold was up 1.2% at $3,932.40 per ounce, after hitting $3,944 earlier in the session.

U.S. gold futures for December delivery climbed 1.2% to $3,956.50.

Sensex Today | Nomura retains 'buy' rating on Lupin, target price at Rs 2,350

#1 Company’s Pithampur Unit-2 gets OAI status after US FDA inspection, blocking new approvals up to 2 years

#2 Four form 483 Observations mainly on sterile operations & contamination risks in ophthalmic manufacturing

#3 Site contributes around 6 percent of US revenues with no major new product launches expected soon

#4 OAI status impacts Lupin’s regulatory record despite past improvements & issue resolutions

#5 Other key sites (Pithampur Unit-3, Nagpur, Aurangabad, Pune) await US FDA inspection outcomes

Currency Check | Rupee trades flat

Indian rupee is trading flat at 88.79 per dollar against Friday's close of 88.78.

The sharp rise in the share prices pushed the Nifty IT index up nearly 2 percent to emerge as the top sectoral gainer on the market today....Read More

Sensex Today | Goldman Sachs maintains 'sell' rating on Avenue Supermart, target cut to Rs 3,370 from Rs 3,450

#1 Weaker than expected sales growth despite low base

#2 Standalone sales growth at 15.4 percent YoY

#3 No meaningful acceleration in store growth yet

#4 Moderate FY26 sales growth expectations to 18 percent from 20 percent

#5 FY26-28 EPS estimates are cut by 2 percent

Sensex Today | Tata Motors UK JLR sales down 40% in September

Tata Motors UK JLR sales down 40% at 6,419 units versus 10,807 units, YoY.

Tata Motors was quoting at Rs 710.35, down Rs 5.65, or 0.79 percent.

It has touched an intraday high of Rs 718.50 and an intraday low of Rs 703.90.

It was trading with volumes of 460,613 shares, compared to its five day average of 1,591,290 shares, a decrease of -71.05 percent.

In the previous trading session, the share closed down 0.30 percent or Rs 2.15 at Rs 716.00.

The share touched a 52-week high of Rs 948.20 and a 52-week low of Rs 542.55 on 09 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 25.08 percent below its 52-week high and 30.93 percent above its 52-week low.

Market capitalisation stands at Rs 261,570.38 crore.

Sensex Today | BSE Healthcare index up nearly 1%; Fortis Healthcare, Max Healthcare, Emcure Pharmaceuticals, among top gainers

Sensex Today | Citi maintains 'neutral' rating on Bajaj Finance, target at Rs 983

#1 Sustained AUM growth of 23.6 percent YoY/4.7 percent QoQ

#2 New loans booked saw QoQ moderation to 12.2 m due to seasonality

#3 NIM projected to remain stable

#4 Restructuring of SME a/cs will continue, GS-3 expected to increase

#5 Fee income likely to be in the guided range of 13-15 percent

Sensex Today | Tata Capital subscribed at 0.25 times at 1:33 PM (Day 1)

QIB – 0.29 times

NII - 0.18 times

Retail – 0.26 times

Employee Reserved - 0.83 times

Overall – 0.25 times

The company, which launched its blockbuster weight-loss drug Mounjaro in India this year, currently does not operate its own manufacturing facility in the country...Read More

Sensex Today | WeWork India Management subscribed at 0.08 times at 1:27 PM (Day 2)

QIB – 0.02 times

NII - 0.05 times

Retail – 0.31 times

Employee Reserved - 1.30 times

Overall – 0.08 times

Sensex Today | Poonawalla Fincorp Q2 AUM up 67%

Assets Under Management (AUM) grew by 67.7% YoY and 15.4% QoQ to approximately Rs 47,625 crore.

The company continues to have ample liquidity of approximately Rs 6,200 crore as on 30 th September 2025.

Analysts expect an overall stronger growth recovery in H2FY26 for IT firms compared to H1FY26, driven by a more stable environment, deal ramp ups, improved utilisation and better project execution....Read More

Sensex Today | Hindustan Zinc Q2 mined metal production rises to 2.58 lakh tonnes

#1 Mined metal production rises 1 percent to 2.58 lakh tonnes Vs 2.56 lakh tonnes, YoY

#2 Saleable metal production falls 6 percent to 2.46 lakh tonnes Vs 2.62 lakh tonnes, YoY

#3 Refined zinc production grows 2 percent to 2.02 lakh tonnes Vs 1.98 lakh tonnes, YoY

#4 Refined lead production sinks 29 percent to 45,000 tonnes Vs 63,000 tonnes, YoY

Sensex Today | Vodafone Idea appoints Tejas Mehta as CFO

The Board has appointed Tejas Mehta as the Chief Financial Officer (CFO) of the company, effective October 6, following the completion of Murthy GVAS’s tenure as CFO.

Vodafone Idea was quoting at Rs 8.47, down Rs 0.36, or 4.08 percent.

It has touched an intraday high of Rs 8.95 and an intraday low of Rs 8.33.

It was trading with volumes of 82,180,607 shares, compared to its five day average of 32,936,707 shares, an increase of 149.51 percent.

In the previous trading session, the share closed up 3.52 percent or Rs 0.30 at Rs 8.83.

The share touched a 52-week high of Rs 10.48 and a 52-week low of Rs 6.12 on 20 January, 2025 and 14 August, 2025, respectively.

Currently, the stock is trading 19.18 percent below its 52-week high and 38.4 percent above its 52-week low.

Market capitalisation stands at Rs 91,766.55 crore.

Sensex Today | BSE Power index down 0.4%; Torrent Power, Power Grid, Adani Green among top losers

Sensex Today | MOIL's September production jumps 3.8%

The company achieved its best-ever September production of 1.52 lakh tonnes, registering a 3.8% growth over the corresponding period last year. Exploratory core drilling surged significantly, reaching 5,314 meters, a 46% YoY growth.

MOIL was quoting at Rs 397.40, up Rs 5.95, or 1.52 percent.

It has touched an intraday high of Rs 405.10 and an intraday low of Rs 392.70.

It was trading with volumes of 173,818 shares, compared to its five day average of 145,340 shares, an increase of 19.59 percent.

In the previous trading session, the share closed up 6.23 percent or Rs 22.95 at Rs 391.45.

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 2 percent below its 52-week high and 41.63 percent above its 52-week low.

Market capitalisation stands at Rs 8,086.50 crore.

Sensex Today | Canara HSBC Life Insurance Company IPO to open on October 10

Canara HSBC Life Insurance Company will open its 23.75 crore shares IPO for public subscription on October 10, while Canara Robeco AMC will launch its 4.98 crore shares IPO on October 9.

The bank owns 51% stake each in Canara HSBC Life and Canara Robeco AMC.

At 13:08 hrs Canara Bank was quoting at Rs 126.75, up Rs 0.90, or 0.72 percent.

It has touched a 52-week high of Rs 127.95.

It has touched an intraday high of Rs 127.95 and an intraday low of Rs 125.85.

It was trading with volumes of 762,669 shares, compared to its five day average of 2,719,759 shares, a decrease of -71.96 percent.

In the previous trading session, the share closed up 1.78 percent or Rs 2.20 at Rs 125.85.

Sensex | Nomura keeps 'neutral' rating on Bandhan Bank, target price at Rs 185

#1 Deposits rose 2.1 percent QoQ & 10.9 percent YoY, retail deposits grew 16.7 percent YoY, bulk deposits fell 8 percent QoQ

#2 CASA deposits rose 5.6 percent QoQ but fell 6.5 percent YoY, CASA ratio improved 90 bps QoQ to 28 percent

#3 LCR dropped to 152.7 percent from 178.3 percent QoQ, loan-to-deposit ratio rose around 230 bps QoQ to 88.7 percent.

#4 Microfinance collection efficiency improved to 97.8 percent, overall collection efficiency rose to 98.0 percent

#5 NIMs & credit costs are key watchpoints, neutral rating maintained

Markets@1 | Sensex gains 490 points, Nifty above 25000

The Sensex was up 490.30 points or 0.60 percent at 81,697.47, and the Nifty was up 147.80 points or 0.59 percent at 25,042.05. About 1600 shares advanced, 2158 shares declined, and 157 shares unchanged.

Sensex Today | Nomura keeps 'buy' rating on Bank Of Baroda, target price at Rs 240

#1 Bank’s loan growth was strong at 11.9 percent YoY & 4 percent QoQ, led by overseas advances

#2 Domestic retail loans grew 17.6 percent YoY & 6.4 percent QoQ

#3 Deposits rose 9.3 percent YoY & 1.9 percent QoQ, domestic deposits grew 9.7 percent YoY

#4 Domestic loan-to-deposit ratio rose 170 bps QoQ to 85.3 percent

#5 Growth improved vs last quarter; NIMs & outlook are key, neutral maintained

The initiative, backed by a total financial outlay of Rs 5,000 Crore (nearly $600 million) spanning from FY 2023-24 to FY 2029-30, is designed to shift the life sciences economy from a volume-driven, cost-based generic manufacturing hub to an innovation-centric global competitor....Read More

Sensex Today | KEC International wins new orders of Rs 1,102 crore

KEC International has secured new orders of Rs 1,102 crores across various businesses:

Civil:

The business has secured a prestigious order for civil and structural works of a 150 MW thermal power plant from a leading private player in India.

Transportation:

The business has secured orders in the prestigious Train Collision Avoidance System (TCAS) segment under ‘Kavach’ in India.

Transmission & Distribution (T&D):

The business has secured orders for supply of towers, hardware & poles in the Americas and the Middle East.

Cables & Conductors:

The business has secured orders for supply of various types of cables and conductors in India and the overseas market.

Sensex Today | Angel One’s September gross client acquisition, client Base rise MoM

#1 Gross Client acquisition up 0.6 percent MoM & down 42.3 percent YoY at 0.55 million

#2 Client Base up 1.5 percent MoM & up 24 percent YoY At 34.08 million

#3 Number of orders up 16.1 percent MoM & down 18.6 percent YoY at 127.57 million

#4 Average daily orders up 0.3 percent MoM & down 22.3 percent YoY at 5.80 million

Sensex Today | Asian markets end mixed; Nikkei surges 4.6%, Hang Seng down 0.6%

Sensex Today | KIOCL, Fortis Healthcare, Nykaa, among others hit 52-week high

Sensex Today | Tata Capital subscribed at 0.23 times at 12:33 PM (Day 1)

QIB – 0.29 times

NII - 0.15 times

Retail – 0.22 times

Employee Reserved - 0.70 times

Overall – 0.23 times

Sensex Today | WeWork India Management subscribed at 0.08 times at 12:30 PM (Day 2)

QIB – 0.02 times

NII - 0.05 times

Retail – 0.29 times

Employee Reserved - 1.27 times

Overall – 0.08 times

Sensex Today | Nomura keeps 'reduce' rating on AU SFB, target price at Rs 610

#1 Bank reported strong headline loan growth of 22.4 percent YoY & 5.3 percent QoQ, with AUM up 17 percent YoY

#2 Deposits grew 20.8 percent YoY & 3.8 percent QoQ, while CASA ratio remained stable at 29.4 percent, up 24 bps QoQ

#3 Loan-to-deposit ratio rose around 130 bps QoQ to 88.7 percent

#4 Loan-to-deposit ratio reflecting faster loan growth relative to deposits

#5 Return metrics are expected to stay subdued with RoA of 1.3-1.5 percent & RoE of 13-15 percent for FY26-27

#6 At 2.5x FY27 BVPS, the stock appears expensive

#7 Reduce rating maintained pending clarity on margins and asset quality

Currency Check | Rupee trades flat

Indian rupee is trading flat at 88.78 per dollar against Friday's close of 88.78.

Sensex Today | Yes Bank Q2 deposits rise 7%, CASA ratio grows to 33.8%

#1 Loans & advances rise 6.5 percent to Rs 2.50 lakh crore Vs Rs 2.35 lakh crore, YoY

#2 CASA ratio grows to 33.8 percent Vs 32 percent, YoY

#3 Deposits increase 7.1 percent to Rs 2.96 lakh crore Vs Rs 2.77 lakh crore, YoY

Yes Bank was quoting at Rs 21.87, up Rs 0.02, or 0.09 percent.

Sensex Today | Bajaj Housing Finance Q2 AUM rises 24%

#1 Gross disbursement zooms 32.3 percent to Rs 15,900 crore Vs Rs 12,014 crore, YoY

#2 AUM grows 24 percent to Rs 1.26 lakh crore Vs Rs 1.02 lakh crore, YoY

#3 Loan assets jump 25.8 percent to Rs 1.13 lakh crore Vs Rs 89,878 crore, YoY

Sensex Today | KIOCL share price hits 52-week high; extend gains on third day

KIOCL was quoting at Rs 622.05, up Rs 93.40, or 17.67 percent.

It has touched a 52-week high of Rs 628.25.

It has touched an intraday high of Rs 628.25 and an intraday low of Rs 533.45.

It was trading with volumes of 1,752,602 shares, compared to its five day average of 157,292 shares, an increase of 1,014.23 percent.

In the previous trading session, the share closed up 20.00 percent or Rs 88.10 at Rs 528.65.

The share touched 52-week low of Rs 188.15 on 07 April, 2025, and currently, the stock is trading 230.61 percent above its 52-week low.

Market capitalisation stands at Rs 37,805.16 crore.

Sensex Today | Nifty IT index up 1.6%; rises on third straight session

Sensex Today | IDBI Bank Q2 net advances jump 15%, CASA deposit rises 4%

#1 Total business surges 12 percent to Rs 5.33 lakh crore Vs Rs 4.78 lakh crore, YoY

#2 Total deposits grow 9 percent to Rs 3.03 lakh crore Vs Rs 2.77 lakh crore, YoY

#3 Net advances jump 15 percent to Rs 2.30 lakh crore Vs Rs 2 lakh crore, YoY

#4 CASA deposit rises 4 percent to Rs 1.39 lakh crore Vs Rs 1.33 lakh crore, YoY

Sensex Today | Sobha Q2 new sales area jumps 50%

#1 Total sales value zooms 61.44 percent to Rs 1,902.6 crore Vs Rs 1,178.5 crore, YoY

#2 Average price realisation grows 7.7 percent to Rs 13,648 per square feet Vs Rs 12,674 per square feet, YoY

#3 Sales value–Sobha share jumps 56.4 percent to Rs 1,537 crore Vs Rs 982.8 crore, YoY

#4 New sales area soars 50 percent to 13.94 lakh square feet Vs 9.29 lakh square feet, YoY

Sensex Today | Vodafone Idea plea hearing adjourned to October 13

Vodafone Idea plea hearing adjourned to October 13 as government sought more time

Vodafone Idea was quoting at Rs 8.44, down Rs 0.39, or 4.42 percent.

It has touched an intraday high of Rs 8.95 and an intraday low of Rs 8.35.

It was trading with volumes of 69,017,828 shares, compared to its five day average of 32,936,707 shares, an increase of 109.55 percent.

In the previous trading session, the share closed up 3.52 percent or Rs 0.30 at Rs 8.83.

The share touched a 52-week high of Rs 10.48 and a 52-week low of Rs 6.12 on 20 January, 2025 and 14 August, 2025, respectively.

Currently, the stock is trading 19.47 percent below its 52-week high and 37.91 percent above its 52-week low.

Market capitalisation stands at Rs 91,441.52 crore.

Sensex Today | Sectoral indices trade mixed; Metal down 1%, IT up 1%

Sensex Today | Ola Electric gets government certification for in-house developed Ferrite motor

Ola Electric today announced that it became the first two-wheeler EV manufacturer to receive government certification for its in-house developed rareearth-free ferrite motor. This marks a breakthrough milestone that eliminates reliance on imported rare-earth motors with permanent magnets.

Ola Electric Mobility was quoting at Rs 53.30, down Rs 0.67, or 1.24 percent.

It has touched an intraday high of Rs 54.25 and an intraday low of Rs 51.75.

It was trading with volumes of 1,135,883 shares, compared to its five day average of 1,780,487 shares, a decrease of -36.20 percent.

In the previous trading session, the share closed down 3.47 percent or Rs 1.94 at Rs 53.97.

The share touched a 52-week high of Rs 102.50 and a 52-week low of Rs 39.58 on 04 December, 2024 and 14 July, 2025, respectively.

Currently, the stock is trading 48 percent below its 52-week high and 34.66 percent above its 52-week low.

Market capitalisation stands at Rs 23,509.72 crore.

Markets@12 | Sensex surges 330 points, Nifty near 25000

The Sensex was up 336.22 points or 0.41 percent at 81,543.39, and the Nifty was up 97.10 points or 0.39 percent at 24,991.35. About 1618 shares advanced, 2092 shares declined, and 153 shares unchanged.

Sensex Today | Bharti Airtel wins multi-year contract

Airtel Business has secured a multi-year contract from Indian Railway Security Operations Centre (IRSOC) to deliver comprehensive, industry-leading security services to safeguard the digital backbone of India’s railway network.

Bharti Airtel was quoting at Rs 1,901.55, up Rs 5.95, or 0.31 percent.

It has touched an intraday high of Rs 1,905.00 and an intraday low of Rs 1,888.55.

It was trading with volumes of 15,283 shares, compared to its five day average of 157,681 shares, a decrease of -90.31 percent.

In the previous trading session, the share closed up 1.51 percent or Rs 28.25 at Rs 1,895.60.

The share touched a 52-week high of Rs 2,045.50 and a 52-week low of Rs 1,510.80 on 02 July, 2025 and 21 November, 2024, respectively.

Currently, the stock is trading 7.04 percent below its 52-week high and 25.86 percent above its 52-week low.

Market capitalisation stands at Rs 1,102,932.70 crore.

Sensex Today | Equitas Small Finance Bank Q2 CASA jumps 12.78%

#1 Gross advances grow 8.58 percent to Rs 39,145 crore Vs Rs 36,053 crore, YoY

#2 Total deposits increase 10.92 percent to Rs 44,094 crore Vs Rs 39,754 crore, YoY

#3 CASA jumps 12.78 percent to Rs 13,622 crore Vs Rs 12,079 crore, YoY

#4 CASA ratio rises to 31 percent Vs 30 percent, YoY

Sensex | Metropolis Healthcare shares rise most in 12 weeks

Metropolis Healthcare was quoting at Rs 2,046.80, up Rs 51.80, or 2.60 percent.

It has touched an intraday high of Rs 2,148.15 and an intraday low of Rs 1,988.55.

It was trading with volumes of 4,656 shares, compared to its five day average of 1,846 shares, an increase of 152.17 percent.

In the previous trading session, the share closed down 2.20 percent or Rs 44.85 at Rs 1,995.00.

The share touched a 52-week high of Rs 2,306.85 and a 52-week low of Rs 1,383.70 on 10 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 11.27 percent below its 52-week high and 47.92 percent above its 52-week low.

Market capitalisation stands at Rs 10,603.95 crore.

Sensex Today | Balaji Telefilms partner with Story TV

Balaji Telefilms and Eloelo Group’s Story TV has joined hands to revolutionize short-form storytelling. This strategic partnership will bring original, mobile-first micro dramas rooted in rich Indian narratives. The partnership will roll out a slate of new titles across genres, languages, and themes, featuring leading talent and innovative concepts never seen in the micro drama format.

Sensex Today | Infibeam Avenues shares gain most in seven weeks

Infibeam Avenues was quoting at Rs 17.46, up Rs 0.74, or 4.43 percent.

It has touched an intraday high of Rs 17.80 and an intraday low of Rs 16.67.

It was trading with volumes of 2,616,977 shares, compared to its five day average of 1,147,156 shares, an increase of 128.13 percent.

In the previous trading session, the share closed up 1.64 percent or Rs 0.27 at Rs 16.72.

The share touched a 52-week high of Rs 30.33 and a 52-week low of Rs 14.11 on 07 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 42.43 percent below its 52-week high and 23.74 percent above its 52-week low.

Market capitalisation stands at Rs 5,493.66 crore.

Sensex Today | Vedanta Q2 aluminium production rises to 6.17 lakh tonnes

#1 Aluminium production rises 1 percent to 6.17 lakh tonnes Vs 6.09 lakh tonnes, YoY

#2 Zinc saleable metal drops 6 percent to 2.46 lakh tonnes Vs 2.62 lakh tonnes, YoY

#3 Zinc international production zooms 38 percent to 60,000 tonnes Vs 44,000 tonnes, YoY

#4 Silver production falls 22 percent to 1.44 lakh tonnes Vs 1.84 lakh tonnes, YoY

Vedanta was quoting at Rs 468.60, down Rs 2.20, or 0.47 percent.

It has touched an intraday high of Rs 477.85 and an intraday low of Rs 468.30.

It was trading with volumes of 432,871 shares, compared to its five day average of 519,756 shares, a decrease of -16.72 percent.

In the previous trading session, the share closed up 1.30 percent or Rs 6.05 at Rs 470.80.

The share touched a 52-week high of Rs 527.00 and a 52-week low of Rs 362.20 on 16 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 11.08 percent below its 52-week high and 29.38 percent above its 52-week low.

Market capitalisation stands at Rs 183,240.78 crore.

Sensex Today | Kotak Mahindra Bank Q2 deposit, advances rise

#1 Net advances-period end grows 15.8 percent to Rs 4.62 lakh crore Vs Rs 3.99 lakh crore, YoY

#2 Net advances-average jumps 14.6 percent to Rs 4.47 lakh crore Vs Rs 3.9 lakh crore, YoY

#3 Total deposit- period end zooms 14.6 percent to Rs 5.28 lakh crore Vs Rs 4.61 lakh crore, YoY

#4 Total deposit- average soars 14.4 percent to Rs 5.10 lakh crore Vs Rs 4.46 lakh crore, YoY

#5 CASA- period end surges 11.2 percent to Rs 2.23 lakh crore Vs Rs 2.01 lakh crore, YoY

Sensex Today | Lupin gets four observations from USFDA

The US Food and Drug Administration (US FDA) has classified the inspection of Lupin's Pithampur Unit-2 manufacturing facility as Official Action Indicated (OAI). The company is working with the US FDA to satisfactorily resolve the compliance issues.

The US FDA conducted the inspection between July 8 and July 17, 2025, and issued a Form-483 with four observations.

Additionally, the pharmaceutical company announced the launch of Liraglutide injection in the United States, which is bioequivalent to Victoza injection by Novo Nordisk Inc. The injection is indicated as an adjunct to diet and exercise to improve glycemic control in adults.

Stock Market LIVE Updates | Sarveshwar Foods secures Rs 26 crore export order from Agri Services

From soup cans to car parts, Trump’s sweeping trade levies are starting to push everyday costs higher. ...Read More

Markets@11 | Sensex rises 330 pts, Nifty near 25000

The Sensex was up 334.20 points or 0.41 percent at 81,541.37, and the Nifty was up 95.05 points or 0.38 percent at 24,989.30. About 1675 shares advanced, 1967 shares declined, and 145 shares unchanged.

Sensex Today | Jindal Stainless unveils its first stainless steel fabrication unit in Mumbai

Jindal Stainless through its wholly owned subsidiary Jindal Stainless Steelway Limited (JSSL), has launched its first stainless steel fabrication unit at Washivali, Patalganga, in Mumbai.

The 4 lakh square ft. facility will cater to the needs of bridge sector and focus on fabricating, among other critical components, various types of girders.

Jindal Stainless was quoting at Rs 764.45, down Rs 23.80, or 3.02 percent.

It has touched an intraday high of Rs 787.00 and an intraday low of Rs 764.10.

It was trading with volumes of 12,797 shares, compared to its five day average of 29,875 shares, a decrease of -57.17 percent.

In the previous trading session, the share closed up 3.40 percent or Rs 25.95 at Rs 788.25.

The share touched a 52-week high of Rs 818.20 and a 52-week low of Rs 497.00 on 25 August, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 6.57 percent below its 52-week high and 53.81 percent above its 52-week low.

Market capitalisation stands at Rs 63,022.76 crore.

Sensex Today | Ceigall India bags 2 LOA from Maharashtra State Electricity Distribution Company

The company has received Letters of Award worth Rs 712.16 crore and Rs 597 crore from the Maharashtra State Electricity Distribution Company for acting as a Solar Power Developer (SPD) for solar photovoltaic power generating stations of 190 MW and 147 MW (AC), respectively. These projects are awarded under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme and will be set up in four districts and two districts, respectively.

Ceigall India was quoting at Rs 266.80, up Rs 6.15, or 2.36 percent.

It has touched an intraday high of Rs 273.70 and an intraday low of Rs 265.00.

It was trading with volumes of 59,903 shares, compared to its five day average of 70,392 shares, a decrease of -14.90 percent.

In the previous trading session, the share closed down 1.27 percent or Rs 3.35 at Rs 260.65.

The share touched a 52-week high of Rs 394.00 and a 52-week low of Rs 229.00 on 11 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 32.28 percent below its 52-week high and 16.51 percent above its 52-week low.

Market capitalisation stands at Rs 4,647.79 crore.

Gold has surged almost 50% this year, spurred by the massive jolt of economic and geopolitical uncertainty that President Donald Trump has brought to the market. ...Read More

Sensex Today | Lupin gets four observations from USFDA

The US Food and Drug Administration (US FDA) has classified the inspection of Lupin's Pithampur Unit-2 manufacturing facility as Official Action Indicated (OAI). The company is working with the US FDA to satisfactorily resolve the compliance issues.

The US FDA conducted the inspection between July 8 and July 17, 2025, and issued a Form-483 with four observations.

Additionally, the pharmaceutical company announced the launch of Liraglutide injection in the United States, which is bioequivalent to Victoza injection by Novo Nordisk Inc. The injection is indicated as an adjunct to diet and exercise to improve glycemic control in adults.

Sensex Today | Tata Capital subscribed at 0.14 times at 10:45 AM (Day 1)

QIB – 0.29 times

NII - 0.06 times

Retail – 0.09 times

Employee Reserved - 0.27 times

Overall – 0.14 times

Sensex Today | WeWork India Management subscribed at 0.07 times at 10:45 AM (Day 2)

QIB – 0.02 times

NII - 0.04 times

Retail – 0.23 times

Employee Reserved - 1.15 times

Overall – 0.07 times

Sensex Today | FSN E-Commerce Ventures shares gain most in 8 weeks

FSN E-Commerce Ventures (Nykaa) was quoting at Rs 249.55, up Rs 9.70, or 4.04 percent.

It has touched a 52-week high of Rs 249.60.

It has touched an intraday high of Rs 249.60 and an intraday low of Rs 238.20.

It was trading with volumes of 1,020,958 shares, compared to its five day average of 115,909 shares, an increase of 780.83 percent.

In the previous trading session, the share closed down 0.56 percent or Rs 1.35 at Rs 239.85.

Market capitalisation stands at Rs 71,403.22 crore.