Closing Bell: Nifty above 25,200, Sensex jumps 595 pts; realty, auto, media shine

After a subdued previous session, the bulls back in action on September 16 helping Nifty to reclaim 25,200, for the first time since August 23, led by buying across the sectors.

At close, the Sensex was up 594.95 points or 0.73 percent at 82,380.69, and the Nifty was up 169.90 points or 0.68 percent at 25,239.10. Broader indices performed inline with main indices with BSE Midcap and smallcap indices rising 0.6% each.

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 acti

The range bound action of the last few sessions has eventually resulted in a sharp upside breakout on Tuesday and Nifty closed the day higher by 169 points. After opening with a positive note, the market continued with upside momentum for better part of the session. The upside got strengthened towards the end and Nifty closed at the highs.

A long bull candle was formed on the daily chart which indicates a sharp upside breakout of the hurdle of previous swing high of 21st Aug at 25150 levels and Nifty closed higher. This is positive indication and signal bulls are back into the scene after an upmove with choppy movement in the last 6-7 sessions.

The short-term trend of Nifty continues to be positive. Having surpassed the key hurdle at 25150, Nifty could advance towards the next resistance of 25400-25500 levels in the near term. Immediate support is placed at 25100 levels.

On Tuesday, the benchmark index Nifty delivered a decisive Symmetrical Triangle breakout on the daily chart, signalling a potential shift in momentum. The index not only breached the consolidation range but also closed above the psychologically significant 25200 mark, reinforcing bullish sentiment. The breakout was accompanied by a sizeable bullish candle, adding conviction to the move and suggesting strength in the underlying trend.

Among the Nifty constituents, Kotak Mahindra Bank and Larsen & Toubro emerged as the top gainers, showcasing strong buying interest. On the flip side, Shriram Finance and Asian Paints were among the notable laggards.

Sector-wise, the market breadth was largely positive. Barring Nifty FMCG, all other sectoral indices ended in the green. Nifty Auto and Nifty Realty led the charge.

The broader markets continued their winning streak, with Nifty Midcap and Nifty Smallcap 100 indices closing higher for the eighth consecutive session. The advance/decline ratio remained skewed in favour of the bulls, highlighting broad-based participation. Within the Nifty 500 universe, a solid 324 stocks ended in the green, underscoring the strength of the rally beyond the headline indices.

Nifty View

The benchmark index Nifty has delivered a Symmetrical Triangle breakout on the daily chart, marking a significant technical development. The breakout was accompanied by a sizeable bullish candle, reinforcing the strength and reliability of the move. This pattern typically indicates a continuation of the prevailing trend, and in this case, the breakout suggests bullish momentum is gaining traction.

Currently, the index is trading above both its short-term and long-term moving averages, which have started to edge higher—a classic bullish signal that reflects improving price structure and trend alignment.

Among momentum indicators, the RSI has surged past the 60 mark and is maintaining a rising trajectory, indicating strengthening buying momentum. Additionally, the MACD remains in bullish territory, quoting above both the zero line and the signal line. The MACD histogram is also expanding, suggesting a pickup in upside momentum and confirming the bullish bias.

Given this confluence of positive technical signals, we believe the index is poised to extend its northward journey in the short term. Key upside levels to watch are 25400, followed by 25550. On the downside, the support zone of 25130–25100 is expected to act as a cushion and provide buying opportunities on dips.

Bank Nifty View

The banking benchmark index Bank Nifty continued its pullback rally, closing in the green for the 10th consecutive trading session. This sustained pullback rally has propelled the index above its key short-term and long-term moving averages, signalling a shift in momentum and improving trend structure.

Momentum indicators are also aligning with the bullish narrative. The daily RSI is currently quoting near the 55 level and remains in a rising trajectory, indicating growing buying interest. This level is often seen as a transition zone, and a sustained move above 60 could further validate the strength of the rally.

Overall, the technical setup for Bank Nifty is turning increasingly constructive, and if the momentum sustains, the index could be poised for further upside in the near term. Talking about crucial levels, the zone of 55500-55600 will act as an immediate hurdle for the index. While, on the downside, the zone of 54800-54700 will act as crucial support for the index.

Nifty has given a double bottom breakout on the daily timeframe, indicating rising optimism. The index has been sustaining above the 21EMA, confirming a continuation of the uptrend.

Additionally, the RSI has moved above its previous swing high, further supporting bullish momentum.

In the short term, the trend is likely to remain strong, with potential upside towards 25,500 and beyond. On the downside, support is placed at 25,000, and a break below this level could signal the end of the current rally.

On Tuesday, the benchmark index Nifty delivered a decisive Symmetrical Triangle breakout on the daily chart, signalling a potential shift in momentum. The index not only breached the consolidation range but also closed above the psychologically significant 25200 mark, reinforcing bullish sentiment. The breakout was accompanied by a sizeable bullish candle, adding conviction to the move and suggesting strength in the underlying trend.

Among the Nifty constituents, Kotak Mahindra Bank and Larsen & Toubro emerged as the top gainers, showcasing strong buying interest. On the flip side, Shriram Finance and Asian Paints were among the notable laggards.

Sector-wise, the market breadth was largely positive. Barring Nifty FMCG, all other sectoral indices ended in the green. Nifty Auto and Nifty Realty led the charge.

The broader markets continued their winning streak, with Nifty Midcap and Nifty Smallcap 100 indices closing higher for the eighth consecutive session. The advance/decline ratio remained skewed in favour of the bulls, highlighting broad-based participation. Within the Nifty 500 universe, a solid 324 stocks ended in the green, underscoring the strength of the rally beyond the headline indices.

Today, the Indian stock markets ended with a strong positive momentum, driven by robust buying in banking and auto stocks, along with optimism over domestic trade prospects and improving global sentiment. Both benchmark indices registered healthy gains, the Sensex surged 595 points (0.73%) to settle at 82,380, while the Nifty rose 170 points (0.68%) to 25,239, marking an emphatic recovery after a subdued previous session.

The rally was primarily led by banking majors like Kotak Mahindra Bank, Axis Bank, and heavyweight auto stocks such as Maruti Suzuki, Mahindra & Mahindra, and Eicher Motors. Investor confidence was boosted by positive cues from Asia and the US, especially as global markets responded favorably to progress in US-China and India-US trade discussions. Smallcap stocks continued to outperform, while sectoral gains were strong in auto, banking, and media sectors. Additionally, stability in commodity prices and low volatility supported a risk on environment throughout the day.

The SEBI decision to grant equity status to REITs sparked a sharp rally in realty stocks, with Godfrey Phillips bonus issue and Vodafone Idea’s Supreme Court hearing, created stock-specific momentum. Looking ahead, we are closely monitoring the US Federal Reserve’s policy announcement, which could set the tone for interest rate outlooks and global liquidity. Further optimism is building around the possibility of an India-US trade deal and healthy domestic macroeconomic trends. We expect stock-specific moves to continue, especially in sectors showing earnings resilience and benefiting from favorable policy signals.

Overall, the strong market close shows growing confidence and keeps Indian stocks in a good position for the rest of the week, as investors wait for news on global interest rates and trade updates.

The domestic market sustained its recovery trend, supported by favourable global cues on expectations of ~25 bps rate cut in the forthcoming US Fed policy decision and renewed optimism surrounding the resumed India-US trade negotiations.

Auto and consumer durable stocks outperformed, ahead of the rollout of new GST rates and festive-driven demand expectations.

Going forward, investor attention will remain on trade discussions, while strong domestic macro fundamentals are expected to drive upward earnings revisions, supporting current valuations and mitigating downside risks.

QIB – 0.24 times

NII - 0.60 times

Retail – 0.29 times

Employee Reserved - 1.12 times

Overall – 0.35 times

Indian rupee ended with 16 paise gain at 88.05 per dollar on Tuesday versus Monday's close of 88.21.

Indian equity indices ended on strong note with Nifty above 25,200 on September 16.

At close, the Sensex was up 594.95 points or 0.73 percent at 82,380.69, and the Nifty was up 169.90 points or 0.68 percent at 25,239.10. About 2294 shares advanced, 1470 shares declined, and 131 shares unchanged.

BSE Midcap and smallcap indices rose 0.6% each.

Except FMCG, all other sectoral indices ended in the green with auto, realty, telecom up 1% each.

Kotak Mahindra Bank, L&T, Maruti Suzuki, Bharti Airtel, Tata Steel were among major gainers on the Nifty, while losers were Shriram Finance, Bajaj Finance, Tata Consumer, Nestle, Asian Paints.

Abu Dhabi Investment Authority (ADIA) sold 5.58 lakh shares each in Laxmi Dental at Rs 303.01 per share, and Rs 303 per share, respectively, which is equivalent to 2.03 percent stake valued at Rs 33.82 crore. As of June 2025, ADIA had held 3.18 percent stake in the company.

However, ICICI Prudential MF acquired 8,62,523 shares at Rs 303 per share, and 7,38,436 shares at Rs 303 per share in the dental products company, which totalled to 2.91 percent stake worth Rs 48.5 crore.

The Indian rupee saw its third consecutive day of appreciation, as the dollar index fell to a two-and-a-half-month low. The decline in the greenback was fueled by expectations that the U.S. Federal Reserve will cut interest rates.

The local currency was also bolstered by a rebound in domestic equities, driven by optimism for a positive outcome in U.S.-India trade negotiations.

In the near term, the spot USDINR is expected to find support at 86.65 and resistance at 88.40.

JSW Infrastructure was quoting at Rs 327.00, up Rs 12.20, or 3.88 percent.

It has touched an intraday high of Rs 327.50 and an intraday low of Rs 314.85.

In the previous trading session, the share closed up 0.14 percent or Rs 0.45 at Rs 314.80.

The share touched a 52-week high of Rs 355.30 and a 52-week low of Rs 218.10 on 27 September, 2024 and 18 February, 2025, respectively.

Currently, the stock is trading 7.97 percent below its 52-week high and 49.93 percent above its 52-week low.

Market capitalisation stands at Rs 68,670.05 crore.

#1 Discount concerns for RIL post Jio listing are unwarranted given SEBI’s proposed changes

#2 SEBI cuts IPO float for large firms to 2.5 percent from 5 percent & relaxes MPS timelines

#3 Removes over USD 3 billion liquidity overhang for Jio IPO

#4 Dispels hold-co, discount concerns post listing

#1 Competitive intensity remains high despite bullish sentiment

#2 Company underperforms peers on key metrics

#3 Birla opus, JSW to stay aggressive into festive season

#4 Stock trades at premium while growth lags

The Sensex was up 540.11 points or 0.66 percent at 82,325.85, and the Nifty was up 154.25 points or 0.62 percent at 25,223.45. About 2237 shares advanced, 1511 shares declined, and 129 shares unchanged.

JSW Steel was quoting at Rs 1,113.40, up Rs 12.95, or 1.18 percent. It has touched a 52-week high of Rs 1,116.55.

Maruti Suzuki India was quoting at Rs 15,560, up Rs 296.85, or 1.94 percent. It has touched a 52-week high of Rs 15,570.

Muthoot Finance was quoting at Rs 2,988.65, up Rs 51.50, or 1.75 percent. It has touched a 52-week high of Rs 2,996.10.

#1 Stock down 10 percent in 2 months vs Nifty flat, attractive entry

#2 Q2FY26 hit by heavy rainfall in key states, weighing on beer sales

#3 Stable raw material costs & return bottles to aid margins

#4 Premiumization & GTM efforts to drive outperformance

#5 Cut FY26–27 EBITDA by 8 percent on Q2 weakness

#6 See 6–7 percent volume growth in FY26–27, recovery expected in H2FY26

Indian rupee is trading 17 paise higher at 88.04 per dollar versus Monday's close of 88.21.

#1 Overall – 0.29 times

#2 QIB – 0.24 times

#3 NII – 0.46 times

#4 Retail – 0.25 times

#5 Employee Reserved – 0.94 times

The Sensex was up 383.33 points or 0.47 percent at 82,169.07, and the Nifty was up 112.60 points or 0.45 percent at 25,181.80. About 2212 shares advanced, 1509 shares declined, and 133 shares unchanged.

#1 Sees FY26 as peak capacity additions

#2 UltraTech Cement: buy call, target price at Rs 15,410

#3 Ambuja Cements: buy call, target price at Rs 700 from Rs 490

#4 Shree Cement: hold call, target price at Rs 32,200

#5 Dalmia: buy call, target price at Rs 2,900

#6 ACC: hold call, target price at Rs 2,040

#7 Top four market share at 57 percent, consolidation positive for pricing

Ambuja Cements was quoting at Rs 572.45, up Rs 3.15, or 0.55 percent and UltraTech Cement was quoting at Rs 12,580.00, up Rs 150.95, or 1.21 percent.

#1 Government support driving steady OMC performance

#2 Upside risks to estimates even if oil holds

#3 BPCL: buy call, target price at Rs 420

#4 HPCL: buy call, target price at Rs 520

#5 IOC: buy call, target price at Rs 190

Charu Sachdeva Mathur, Head- Digital Banking & Strategy (Existing Business) and Senior Management Personnel of the bank has tendered her resignation from the services of the bank to pursue new opportunities outside.

IndusInd Bank was quoting at Rs 741.25, up Rs 1.45, or 0.20 percent.

It has touched an intraday high of Rs 748.70 and an intraday low of Rs 734.80.

It was trading with volumes of 63,116 shares, compared to its five day average of 54,071 shares, an increase of 16.73 percent.

In the previous trading session, the share closed down 0.12 percent or Rs 0.90 at Rs 739.80.

The share touched a 52-week high of Rs 1,498.70 and a 52-week low of Rs 605.40 on 19 September, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 50.54 percent below its 52-week high and 22.44 percent above its 52-week low.

Market capitalisation stands at Rs 57,749.01 crore.

The company has contracted to sell its 2005 built Suezmax Crude Tanker, Jag Lok of about 158,280 dwt on September 15, 2025 to an unaffiliated third party. The vessel will be delivered to the new buyer by Q3 FY26.

Great Eastern Shipping Company was quoting at Rs 1,044.75, up Rs 49.10, or 4.93 percent.

It has touched an intraday high of Rs 1,050.00 and an intraday low of Rs 997.95.

It was trading with volumes of 43,782 shares, compared to its five day average of 19,914 shares, an increase of 119.85 percent.

In the previous trading session, the share closed up 0.43 percent or Rs 4.25 at Rs 995.65.

The share touched a 52-week high of Rs 1,365.45 and a 52-week low of Rs 797.25 on 17 October, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 23.49 percent below its 52-week high and 31.04 percent above its 52-week low.

Market capitalisation stands at Rs 14,915.60 crore.

Lloyds Engineering Works has entered into agreement with CEMI Process Optimization Brazil and CEMI Process Optimization LLC such that the company shall represent CEMI in the Indian Market promoting and selling CEMI’s all products and services, including software solutions and specialized equipments for process of optimization.

NLC India (NLCIL) has become the first Central Public Sector Enterprise (CPSE) in India to be awarded the prestigious International Project Management Association (IPMA) Delta Certification – Level 3 (Standardized).

Indian rupee is trading 16 paise higher at 88.05 per dollar on Tuesday versus Monday's close of 88.21.

Cyient Semiconductors announced a strategic partnership with Anora, a global provider of semiconductor test, testability, and validation services.

The collaboration brings together complementary strengths to provide comprehensive, end-to-end solutions for semiconductor product development.

Tata Consultancy Services (TCS) has announced a multi-year partnership with ARN Media, one of Australia’s leading audio-led entertainment companies, to transform its technology and business operations, based on TCS’ deep domain expertise in the media and entertainment industry.

Tata Consultancy Services was quoting at Rs 3,131.00, up Rs 19.50, or 0.63 percent.

It has touched an intraday high of Rs 3,138.15 and an intraday low of Rs 3,109.40.

It was trading with volumes of 60,426 shares, compared to its five day average of 226,485 shares, a decrease of -73.32 percent.

In the previous trading session, the share closed down 0.72 percent or Rs 22.55 at Rs 3,111.50.

The share touched a 52-week high of Rs 4,535.00 and a 52-week low of Rs 2,992.05 on 17 September, 2024 and 04 August, 2025, respectively.

Currently, the stock is trading 30.96 percent below its 52-week high and 4.64 percent above its 52-week low.

Market capitalisation stands at Rs 1,132,823.20 crore.

The search & seizure operation by Income Tax Department was being conducted at certain premises and at the Company's Registered Office by Income Tax Department from September 11, 2025 to September 16, 2025.

The Company fully co-operated with the officials during the proceedings and responded to the clarifications and details sought by them.

Mirza International was quoting at Rs 37.52, up Rs 4.57, or 13.87 percent.

It has touched an intraday high of Rs 37.95 and an intraday low of Rs 33.07.

It was trading with volumes of 288,211 shares, compared to its five day average of 15,529 shares, an increase of 1,755.91 percent.

It was trading with volumes of 288,211 shares, compared to its thirty day average of 30,069 shares, an increase of 858.50 percent.

In the previous trading session, the share closed down 1.08 percent or Rs 0.36 at Rs 32.95.

The share touched a 52-week high of Rs 48.00 and a 52-week low of Rs 26.25 on 18 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 21.83 percent below its 52-week high and 42.93 percent above its 52-week low.

Market capitalisation stands at Rs 518.53 crore.

#1 Competitive intensity remains high despite bullish sentiment

#2 Company underperforms peers on key metrics

#3 Birla opus, JSW to stay aggressive into festive season

#4 Stock trades at premium while growth lags

Sangreen Future Renewable, a material subsidiary of Sanghvi Movers, has received large work orders worth Rs 292 crore from prominent independent power producers (IPPs).

Sanghvi Movers was quoting at Rs 377.70, up Rs 5.05, or 1.36 percent.

It has touched an intraday high of Rs 389.90 and an intraday low of Rs 374.90.

It was trading with volumes of 110,237 shares, compared to its five day average of 176,397 shares, a decrease of -37.51 percent.

In the previous trading session, the share closed up 2.57 percent or Rs 9.35 at Rs 372.65.

The share touched a 52-week high of Rs 475.80 and a 52-week low of Rs 205.00 on 17 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 20.62 percent below its 52-week high and 84.24 percent above its 52-week low.

Market capitalisation stands at Rs 3,269.98 crore.

The company has received a Letter of Award (LoA) from the National Highways Logistics Management (NHLML) for building the ropeway project connecting Sonprayag with Kedarnath.

The company will invest Rs 4,081 crore in its first ropeway project between Sonprayag and Kedarnath.

The company has received a contract worth Rs 2,090.5 crore from the Water Resources Department, Bihar, for the construction of the Barnar reservoir, dam structures, irrigation channels, and other associated works in Jamui district.

NCC was quoting at Rs 216.25, up Rs 4.15, or 1.96 percent.

It has touched an intraday high of Rs 222.50 and an intraday low of Rs 215.20.

It was trading with volumes of 865,568 shares, compared to its five day average of 130,161 shares, an increase of 565.00 percent.

In the previous trading session, the share closed up 1.63 percent or Rs 3.40 at Rs 212.10.

The share touched a 52-week high of Rs 326.55 and a 52-week low of Rs 169.95 on 06 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 33.78 percent below its 52-week high and 27.24 percent above its 52-week low.

Market capitalisation stands at Rs 13,577.18 crore.

The Sensex was up 446.89 points or 0.55 percent at 82,232.63, and the Nifty was up 130.00 points or 0.52 percent at 25,199.20. About 2293 shares advanced, 1381 shares declined, and 144 shares unchanged.

The IT services company announced an expanded partnership with CrowdStrike to launch Wipro CyberShield MDR, an AI-powered unified managed security service (MSS) that simplifies and strengthens enterprise security operations.

Wipro was quoting at Rs 252.60, up Rs 1.40, or 0.56 percent.

It has touched an intraday high of Rs 252.75 and an intraday low of Rs 250.30.

It was trading with volumes of 129,686 shares, compared to its five day average of 462,863 shares, a decrease of -71.98 percent.

In the previous trading session, the share closed down 0.28 percent or Rs 0.70 at Rs 251.20.

The share touched a 52-week high of Rs 324.55 and a 52-week low of Rs 225.05 on 23 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 22.17 percent below its 52-week high and 12.24 percent above its 52-week low.

Market capitalisation stands at Rs 264,814.90 crore.

Usha Martin was quoting at Rs 406.30, up Rs 20.00, or 5.18 percent.

It has touched an intraday high of Rs 409.70 and an intraday low of Rs 380.00.

It was trading with volumes of 74,799 shares, compared to its five day average of 19,905 shares, an increase of 275.77 percent.

In the previous trading session, the share closed down 0.32 percent or Rs 1.25 at Rs 386.30.

The share touched a 52-week high of Rs 450.85 and a 52-week low of Rs 278.80 on 15 October, 2024 and 18 February, 2025, respectively.

Currently, the stock is trading 9.88 percent below its 52-week high and 45.73 percent above its 52-week low.

Market capitalisation stands at Rs 12,381.67 crore.

The EPC company has secured new orders worth Rs 421 crore, including a large transmission line contract in a new African country. These additions have taken the company’s FY26 order inflows beyond Rs 3,500 crore as of August 2025, reflecting a 78% YoY growth.

The company has received a contract worth Rs 2,090.5 crore from the Water Resources Department, Bihar, for the construction of the Barnar reservoir, dam structures, irrigation channels, and other associated works in Jamui district.

NCC was quoting at Rs 215.90, up Rs 3.80, or 1.79 percent.

It has touched an intraday high of Rs 222.50 and an intraday low of Rs 215.20.

It was trading with volumes of 833,683 shares, compared to its five day average of 130,161 shares, an increase of 540.50 percent.

In the previous trading session, the share closed up 1.63 percent or Rs 3.40 at Rs 212.10.

The share touched a 52-week high of Rs 326.55 and a 52-week low of Rs 169.95 on 06 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 33.88 percent below its 52-week high and 27.04 percent above its 52-week low.

Market capitalisation stands at Rs 13,555.21 crore.

The bank’s subsidiary, Canara HSBC Life Insurance Company, has received approval from SEBI for its Draft Red Herring Prospectus (DRHP), allowing it to file an Updated RHP for its upcoming IPO.

Canara Bank was quoting at Rs 113.40, up Rs 0.90, or 0.80 percent.

It has touched an intraday high of Rs 113.85 and an intraday low of Rs 112.50.

It was trading with volumes of 508,586 shares, compared to its five day average of 729,451 shares, a decrease of -30.28 percent.

In the previous trading session, the share closed up 1.40 percent or Rs 1.55 at Rs 112.50.

The share touched a 52-week high of Rs 119.30 and a 52-week low of Rs 78.58 on 09 June, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 4.95 percent below its 52-week high and 44.31 percent above its 52-week low.

Market capitalisation stands at Rs 102,861.19 crore.

The company is undertaking two de-bottlenecking exercises to revamp its container glass facility from 1,850 TPD to 1,900 TPD, and to enhance its speciality glass facility from 154 TPD to 200 TPD, at an estimated capital expenditure of Rs 47 crore.

The increased capacity is expected to be operational by March 2026.

AGI Greenpac was quoting at Rs 869.95, up Rs 15.70, or 1.84 percent.

It has touched an intraday high of Rs 880.30 and an intraday low of Rs 854.25.

It was trading with volumes of 9,967 shares, compared to its five day average of 5,550 shares, an increase of 79.60 percent.

In the previous trading session, the share closed up 1.81 percent or Rs 15.20 at Rs 854.25.

The share touched a 52-week high of Rs 1,300 and a 52-week low of Rs 600 on 20 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 33.08 percent below its 52-week high and 44.99 percent above its 52-week low.

Market capitalisation stands at Rs 5,628.35 crore.

#1 Cipla gains market share in Albuterol, maintains in Hydrocortisone, Lanreotide

#2 Sun Pharma sees double-digit YoY growth in Ilumya, Cequa

#3 Dr Reddy’s loses market share in gVascepa, gCiprodex

#4 gRevlimid market share stable

#5 Alkem leads market share in gEntresto

Tata Teleservices (Maharashtra) was quoting at Rs 59.91, up Rs 2.16, or 3.74 percent.

It has touched an intraday high of Rs 60.63 and an intraday low of Rs 57.51.

It was trading with volumes of 681,245 shares, compared to its five day average of 140,946 shares, an increase of 383.34 percent.

In the previous trading session, the share closed up 1.16 percent or Rs 0.66 at Rs 57.75.

The share touched a 52-week high of Rs 91.80 and a 52-week low of Rs 50.01 on 17 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 34.74 percent below its 52-week high and 19.8 percent above its 52-week low.

Market capitalisation stands at Rs 11,711.97 crore.

Eternal was quoting at Rs 324.10, up Rs 0.80, or 0.25 percent.

It has touched an intraday high of Rs 326.30 and an intraday low of Rs 321.95.

It was trading with volumes of 597,986 shares, compared to its five day average of 2,357,194 shares, a decrease of -74.63 percent.

In the previous trading session, the share closed up 0.58 percent or Rs 1.85 at Rs 323.30.

The share touched a 52-week high of Rs 334.40 and a 52-week low of Rs 189.60 on 05 September, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 3.08 percent below its 52-week high and 70.94 percent above its 52-week low.

Market capitalisation stands at Rs 312,767.86 crore.

Shringar House of Mangalsutra Limited manufactures and designs Mangalsutra in India. The company designs, manufactures, and markets a diverse collection of Mangalsutra featuring various stones like American diamonds, cubic zirconia, pearls, and semi-precious stones, using 18k and 22k gold for its business-to-business (B2B) clients.The issue saw overwhelming investor interest, being oversubscribed by more than 60 times.

The IPO’s grey market premium (GMP) currently stands at about Rs 31 per share, suggesting a potential listing at around Rs 196, nearly 19% higher than the upper price band, reflecting robust demand and positive market sentiment. The company reported a revenue of Rs 1,430.12 crore for the fiscal year ending March 31, 2025, marking a 29.8% increase from Rs 1,102.71 crore in FY24.

The P/E ratio stands at 19.47x, which is considered attractive compared to sector peers. With strong subscription numbers, institutional backing, and a healthy grey market response.

Shringar House of Mangalsutra’s IPO is well-positioned for a promising listing, making it an attractive opportunity for investors seeking exposure to the jewelry segment and investors may book half the profit and hold the rest.

The Sensex was up 330.01 points or 0.40 percent at 82,115.75, and the Nifty was up 92.90 points or 0.37 percent at 25,162.10. About 2302 shares advanced, 1318 shares declined, and 152 shares unchanged.

P N Gadgil Jewellers was quoting at Rs 624.10, up Rs 23.30, or 3.88 percent.

It has touched an intraday high of Rs 638 and an intraday low of Rs 596.05.

In the previous trading session, the share closed up 1.36 percent or Rs 8.05 at Rs 600.80.

The share touched a 52-week high of Rs 843.80 and a 52-week low of Rs 474 on 17 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 26.04 percent below its 52-week high and 31.67 percent above its 52-week low.

Market capitalisation stands at Rs 8,469.56 crore.

Urban Company Ltd. is a leading home services platform in India, offering a wide range of services such as beauty & wellness and home repairs & maintenance. The company operates in 47 cities across India and plans to expand to over 200 cities by FY2030. The issue witnessed overwhelming investor interest, being oversubscribed by more than 103 times overall.

The IPO’s grey market premium (GMP) currently stands at around Rs 52 per share, suggesting a potential listing at approximately Rs 155, nearly 51% higher than the upper price band, reflecting strong demand and positive market sentiment.

For the fiscal year ending March 31, 2025, the company reported a revenue of Rs 1,144.5 crore, marking a 38% increase from Rs 830 crore in FY24.

The P/E ratio is approximately 54x based on adjusted earnings, which is higher than sector peers but reflects the company's growth prospects, expanding service base, and improving profitability. So, investors are advised to book partial profit and hold the rest.

#1 Discount concerns for RIL post Jio listing are unwarranted given SEBI’s proposed changes

#2 SEBI cuts IPO float for large firms to 2.5 percent from 5 percent & relaxes MPS timelines

#3 Removes over USD 3 billion liquidity overhang for Jio IPO

#4 Dispels hold-co, discount concerns post listing

The company has secured an order worth Rs 136 crore. With this, MIDHANI’s total order book now stands at Rs 1,983 crore as of the latest date.

The company has opened its Qualified Institutional Placement (QIP) issue for fundraising on September 15. The floor price has been fixed at Rs 844.79 per share.

Asahi India Glass was quoting at Rs 882.15, down Rs 11.00, or 1.23 percent.

It has touched a 52-week high of Rs 904.15.

It has touched an intraday high of Rs 904.15 and an intraday low of Rs 881.50.

It was trading with volumes of 8,324 shares, compared to its five day average of 26,099 shares, a decrease of -68.11 percent.

In the previous trading session, the share closed up 5.45 percent or Rs 46.15 at Rs 893.15.

The share touched a 52-week low of Rs 576.60 on 17 March, 2025 and currently, the stock is trading 52.99 percent above its 52-week low.

Market capitalisation stands at Rs 21,444.18 crore.

The Sensex was up 304.18 points or 0.37 percent at 82,089.92, and the Nifty was up 85.65 points or 0.34 percent at 25,154.85. About 2326 shares advanced, 1202 shares declined, and 161 shares unchanged.

ZyVet Animal Health, a wholly owned subsidiary of Zydus Pharmaceuticals (USA) Inc, has launched the first FDA-approved generic of phenylpropanolamine hydrochloride tablets, used for managing urinary incontinence in dogs.

Additionally, ZyVet has announced the launch of the first veterinary-approved generic of Furosemide tablets, a critical therapy for managing congestive heart failure and chronic fluid retention in dogs and cats.

Ninad Gadgil has resigned as Executive Director & Chief Executive Officer of the company, effective September 15.

Wendt (India) was quoting at Rs 9,644.30, up Rs 27.15, or 0.28 percent.

It has touched an intraday high of Rs 9,689.95 and an intraday low of Rs 9,549.45.

In the previous trading session, the share closed down 0.24 percent or Rs 23.60 at Rs 9,617.15.

The share touched a 52-week high of Rs 18,000 and a 52-week low of Rs 8,174.40 on 11 December, 2024 and 05 June, 2025, respectively.

Currently, the stock is trading 46.42 percent below its 52-week high and 17.98 percent above its 52-week low.

Market capitalisation stands at Rs 1,928.86 crore.

The company’s subsidiary, JSW Kolkata Container, has entered into a concession agreement with the Port Authority for a period of 30 years from the date of award.

In July, it had received a Letter of Award for reconstruction of Berth-8 and mechanization of Berth-7 and Berth-8 at Netaji Subhash Dock, part of the Kolkata Dock System, under Syama Prasad Mookerjee Port Authority, via PPP mode.

The Board will meet on September 18 to consider various fund-raising options.

Kaya was quoting at Rs 413.30, down Rs 1.50, or 0.36 percent.

It has touched an intraday high of Rs 418.95 and an intraday low of Rs 412.00.

In the previous trading session, the share closed up 2.43 percent or Rs 9.85 at Rs 414.80.

The share touched a 52-week high of Rs 492.50 and a 52-week low of Rs 213.50 on 18 September, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 16.08 percent below its 52-week high and 93.58 percent above its 52-week low.

Market capitalisation stands at Rs 627.70 crore.

The Board will meet on September 18 to consider raising funds via the issue of equity shares on a preferential basis.

Tega Industries was quoting at Rs 2,066.50, down Rs 3.65, or 0.18 percent.

It has touched an intraday high of Rs 2,089.35 and an intraday low of Rs 2,053.00.

It was trading with volumes of 12,343 shares, compared to its five day average of 2,176 shares, an increase of 467.18 percent.

In the previous trading session, the share closed up 2.64 percent or Rs 53.30 at Rs 2,070.15.

The share touched a 52-week high of Rs 2,327.45 and a 52-week low of Rs 1,205.75 on 07 November, 2024 and 09 May, 2025, respectively.

Currently, the stock is trading 11.21 percent below its 52-week high and 71.39 percent above its 52-week low.

Market capitalisation stands at Rs 13,749.56 crore.

Mahanagar Gas was quoting at Rs 1,350, up Rs 49.50, or 3.81 percent.

It has touched an intraday high of Rs 1,352.25 and an intraday low of Rs 1,299.05.

It was trading with volumes of 25,079 shares, compared to its five day average of 9,836 shares, an increase of 154.98 percent.

In the previous trading session, the share closed up 0.01 percent or Rs 0.15 at Rs 1,300.50.

The share touched a 52-week high of Rs 1,988.55 and a 52-week low of Rs 1,075 on 25 September, 2024 and 18 November, 2024, respectively.

Currently, the stock is trading 32.11 percent below its 52-week high and 25.58 percent above its 52-week low.

Market capitalisation stands at Rs 13,335 crore.

#1 Stock down 10 percent in 2 months vs Nifty flat, attractive entry

#2 Q2FY26 hit by heavy rainfall in key states, weighing on beer sales

#3 Stable raw material costs & return bottles to aid margins

#4 Premiumization & GTM efforts to drive outperformance

#5 Cut FY26–27 EBITDA by 8 percent on Q2 weakness

#6 See 6–7 percent volume growth in FY26–27, recovery expected in H2FY26

Godfrey Phillips India was quoting at Rs 3,637, up Rs 227.97, or 6.69 percent.

It has touched an intraday high of Rs 3,720 and an intraday low of Rs 3,504.80.

It was trading with volumes of 89,516 shares, compared to its five day average of 36,542 shares, an increase of 144.97 percent.

In the previous trading session, the share closed up 0.89 percent or Rs 29.96 at Rs 3,409.03.

The share touched a 52-week high of Rs 3,820.67 and a 52-week low of Rs 1,371.67 on 21 August, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 4.81 percent below its 52-week high and 165.15 percent above its 52-week low.

Market capitalisation stands at Rs 18,910.19 crore.

CRED has launched a new credit card program with rewards across all e-commerce platforms, and instant, flexible redemption options on flights, hotels, hundreds of merchants, and thousands of products. The first launch under this program is the CRED IndusInd Bank RuPay credit card.

Additionally, Charu Sachdeva Mathur has resigned as Head - Digital Banking & Strategy (Existing Business) and Senior Management Personnel of the bank to pursue opportunities outside the organization.

Kiri Industries was quoting at Rs 623.50, up Rs 31.60, or 5.34 percent.

It has touched an intraday high of Rs 634.95 and an intraday low of Rs 591.95.

It was trading with volumes of 35,104 shares, compared to its five day average of 28,140 shares, an increase of 24.75 percent.

In the previous trading session, the share closed up 1.12 percent or Rs 6.55 at Rs 591.90.

The share touched a 52-week high of Rs 752.75 and a 52-week low of Rs 331.20 on 30 May, 2025 and 30 September, 2024, respectively.

Currently, the stock is trading 17.17 percent below its 52-week high and 88.25 percent above its 52-week low.

Market capitalisation stands at Rs 3,742.41 crore.

The Heavy Civil Infrastructure (HCI) business vertical of L&T has won a significant order from Nuclear Power Corporation of India Ltd (NPCIL) for 2X1000 Mwe Kudankulam Nuclear Power Project (KKNPP - 5 & 6) in Tamil Nadu.

Larsen & Toubro was quoting at Rs 3,620, up Rs 34.65, or 0.97 percent.

It has touched an intraday high of Rs 3,623.55 and an intraday low of Rs 3,596.20.

It was trading with volumes of 6,591 shares, compared to its five day average of 137,556 shares, a decrease of -95.21 percent.

In the previous trading session, the share closed up 0.16 percent or Rs 5.75 at Rs 3,585.35.

The share touched a 52-week high of Rs 3,963.00 and a 52-week low of Rs 2,967.65 on 10 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 8.66 percent below its 52-week high and 21.98 percent above its 52-week low.

Market capitalisation stands at Rs 509,189.99 crore.

The Board has approved the appointment of Sundaram Damodarannair as Chairman of the company, in the capacity of Non-Executive, Non-Independent Director, effective September 18.

Crompton Greaves Consumer Electrical was quoting at Rs 314.45, up Rs 2.60, or 0.83 percent.

It has touched an intraday high of Rs 314.80 and an intraday low of Rs 311.00.

It was trading with volumes of 34,744 shares, compared to its five day average of 103,081 shares, a decrease of -66.29 percent.

In the previous trading session, the share closed down 0.84 percent or Rs 2.65 at Rs 311.85.

The share touched a 52-week high of Rs 455.55 and a 52-week low of Rs 303.00 on 23 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 30.97 percent below its 52-week high and 3.78 percent above its 52-week low.

Market capitalisation stands at Rs 20,247.46 crore.

The company has received a contract from Tata Steel for the engineering, design, manufacture, and supply of Pickling and ARP plants to be installed at the Jamshedpur (Tinplate Division), Jharkhand. The total contract value is around Rs 80 crore, which includes supervision of erection and commissioning.

Additionally, the company has appointed Ujwal Kawale as Chief Operating Officer, effective September 15.

John Cockerill India was quoting at Rs 4,564.00, up Rs 183.25, or 4.18 percent.

It has touched an intraday high of Rs 4,579.90 and an intraday low of Rs 4,448.00.

It was trading with volumes of 3,700 shares, compared to its five day average of 5,207 shares, a decrease of -28.94 percent.

In the previous trading session, the share closed down 1.16 percent or Rs 51.55 at Rs 4,380.75.

The share touched a 52-week high of Rs 6,300 and a 52-week low of Rs 2,383 on 25 September, 2024 and 17 February, 2025, respectively.

Currently, the stock is trading 27.56 percent below its 52-week high and 91.52 percent above its 52-week low.

Market capitalisation stands at Rs 2,253.62 crore.

The Sensex was up 311.01 points or 0.38 percent at 82,096.75, and the Nifty was up 89.90 points or 0.36 percent at 25,159.10. About 2343 shares advanced, 969 shares declined, and 172 shares unchanged.

#1 Profit grows 13.2% to Rs 6.9 crore Vs Rs 6.1 crore, YoY

#2 Revenue increases 2.86% to Rs 182.5 crore Vs Rs 177.4 crore, YoY

Patel Retail was quoting at Rs 248.20, down Rs 7.45, or 2.91 percent.

It has touched an intraday high of Rs 254.95 and an intraday low of Rs 247.50.

It was trading with volumes of 50,955 shares, compared to its five day average of 68,409 shares, a decrease of -25.51 percent.

In the previous trading session, the share closed down 0.87 percent or Rs 2.25 at Rs 255.65.

The share touched a 52-week high of Rs 305 and a 52-week low of Rs 245 on 26 August, 2025 and 03 September, 2025, respectively.

Currently, the stock is trading 18.62 percent below its 52-week high and 1.31 percent above its 52-week low.

Market capitalisation stands at Rs 829.00 crore.

Krupalu Metals

Nilachal Carbo Metalicks

Karbonsteel Engineering

Taurian MPS