Closing Bell: Nifty above 25,700, Sensex up 485 pts; FMCG, auto, banks rally

Indian benchmark indices ended higher with Nifty above 25,700 on October 17. At close, the Sensex was up 484.53 points or 0.58 percent at 83,952.19, and the Nifty was up 124.55 points or 0.49 percent at 25,709.85.

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.

Net Interest Income (NII) up 17.1% at Rs 596 crore versus Rs 509 crore, YoY.

Today, the Indian stock market closed positively, with the Sensex rising around 484 points or 0.58% to 83,967 and the Nifty 50 gaining 125 points or 0.49% to 25,709. The rally came after a subdued start influenced by weak Asian markets and geopolitical concerns, but firm buying in heavyweights like Asian Paints, Bharti Airtel, M&M, ITC, HUL, and Reliance Industries provided the impetus for a strong finish. Key sectors such as FMCG, autos, and banks led the gains, while IT and media faced some pressure following muted quarterly results.

Crucially, falling crude oil prices reduced cost pressures and supported stocks with raw material sensitivity, especially paint companies that saw sharp rallies. Additionally, SEBI's announcement to upgrade algorithmic and high-frequency trading rules bolstered capital market-related stocks. The rupee also traded with relative stability, mitigating external risks.

Going forward, market participants are expected to watch Q2 earnings announcements closely, particularly from banking heavyweights, and react to any major updates in US-India trade negotiations. We remain cautiously optimistic given the continued institutional support, easing macro pressures, and seasonal tailwinds, while global market uncertainty and IT earnings headwinds may keep volatility elevated.

Both gold and silver have witnessed relentless rallies in the international and domestic markets by scaling all-time highs. While global uncertainty along with geo-political tensions and persistent FII outflows from domestic markets have triggered profit-taking in recent weeks.

Factors such as GST cuts in majority of items and tax benefits to salaried class should spur robust consumption demand going ahead and could have a positive impact on sectors like consumer discretionary, auto, housing, cement etc. While bullions may not lose steam in a hurry, any major positive trigger like signing of the Indo-US trade deal could provide upside to the equity market.

The market has continued its upward momentum, reaching a new 52-week high, largely driven by consumption-oriented stocks, anticipating improved volume growth. Inline earnings from banks and signs of easing asset quality stress have bolstered overall industry optimism. Conversely, the IT index has faced pressure due to concerns over discretionary spending and rising asset quality risks in the U.S. banking system.

Global economic disruptions like escalating trade war and slowing economic data have made investors jittery, prompting them to seek refuge in gold, which has surged to a new all-time high. Despite these global uncertainties, the resilient domestic economic performance has bolstered investor sentiment, keeping Indian equities largely insulated.

Market rises for 3rd straight week, Sensex & Nifty up nearly 2% each

Market Records biggest weekly gain in 4 months

Nifty Bank moves in-line with benchmarks while Midcap index underperforms

Midcap index posts a gain of 0.3% & Nifty Bank nearly 2%

#1 Net profit up 28.3 percent at Rs 315.5 crore vs Rs 246 crore, YoY

#2 Revenue up 29 percent at Rs 1,115 crore vs Rs 865.2 crore, YoY

#3 EBITDA up 32 percent at Rs 714 crore vs Rs 541 crore, YoY

#4 Margin at 64 percent versus 62.5 percent, YoY

The sentiment around Nifty remains upbeat as the index moved above its four-month consolidation range. On Friday, large-cap stocks clearly outperformed, leaving behind mid- and small-cap stocks — a classic bull market scenario.

In the early phase of a classic bull run, large caps usually lead the rally, followed by mid and small-cap companies.

Technically, Nifty looks strong for a decent upside from here, and a “buy on dips” strategy might prove effective. On the lower end, meaningful support is placed at 25,500, while resistance is seen at 25,850–26,000.

Indian rupee ended lower by 15 paise at 87.97 per dollar on Friday versus Thursday close of 87.82.

Indian benchmark indices ended higher with Nifty above 25,700 on October 17.

At close, the Sensex was up 484.53 points or 0.58 percent at 83,952.19, and the Nifty was up 124.55 points or 0.49 percent at 25,709.85. About 1658 shares advanced, 2318 shares declined, and 158 shares unchanged.

Asian Paints, Bharti Airtel, Max Healthcare, ITC, M&M were among major gainers on the Nifty, while losers were Wipro, Infosys, Eternal, HCL Technologies, Tech Mahindra.

BSE midcap and smallcap indices shed 0.4% each.

Among sectors, media, IT, metal, PSU Bank indices fell 0.5-1%, while auto, bank, healthcare, FMCG, consumer durables rose 0.5-1%.

#1 Q2 beat estimates

#2 Gross margin fell 216 bps YoY to 54.2 percent

#3 EBITDA margin dropped 124 bps YoY to 21.1 percent

#4 Management expects milk prices to soften, coffee prices to stabilise & edible oil to remain inflationary

#1 Q2 volume growth was muted due to a 46 percent YoY decline in iron ore exports

#2 Management sees recovery from October 2025 & guides 8-10 percent YoY volume growth in FY26

#3 Capacity expansion target of 2.3x to 400 mt by FY30 remains intact

#4 FY26–28 volume estimates cut by 3-5 percent, leading to a 2-3 percent EBITDA cut

Indian rupee has extended the intraday losses, trading at day's low at 87.96 per dollar versus Thursday close of 87.82.

The Sensex was up 539.05 points or 0.65 percent at 84,006.71, and the Nifty was up 136.95 points or 0.54 percent at 25,722.25. About 1454 shares advanced, 2313 shares declined, and 114 shares unchanged.

JSW Steel was quoting at Rs 1,154.90, down Rs 16.95, or 1.45 percent.

It has touched an intraday high of Rs 1,177.90 and an intraday low of Rs 1,150.00.

It was trading with volumes of 135,081 shares, compared to its five day average of 50,203 shares, an increase of 169.07 percent.

In the previous trading session, the share closed up 0.99 percent or Rs 11.50 at Rs 1,171.85.

The share touched a 52-week high of Rs 1,178.50 and a 52-week low of Rs 879.60 on 09 October, 2025 and 13 January, 2025, respectively.

Currently, the stock is trading 2 percent below its 52-week high and 31.3 percent above its 52-week low.

Market capitalisation stands at Rs 282,425.48 crore.

#1 Q2 beat expectations on both revenue & margin

#2 FY26 is likely a year of stabilisation

#3 Early progress seen on the new CEO’s strategic initiatives

#4 Raised FY26–28 EPS forecast by around 3-7 percent to reflect higher EBIT margin

HDFC Bank, ICICI Bank, UltraTech Cement, Punjab National Bank, RBL Bank, IDBI Bank, IDFC First Bank, IndusInd Bank, Jammu & Kashmir Bank, Federal Bank, Agi Greenpac, Anand Rathi Share And Stock Brokers, Can Fin Homes, Jaro Institute of Technology Management and Research, Jaiprakash Power Ventures, SML Isuzu, UTI Asset Management Company, and Yes Bank will release their quarterly results on October 18.

QIB – 67.35 times

NII - 142.03 times

Retail – 20.07 times

Employee Reserved - 20.25 times

Overall – 59.57 times

ACME Solar Holdings through its SPV has signed a 25 years Power Purchase Agreement (PPA) with the Tata Power Company (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project.

ACME Solar Holdings was quoting at Rs 277.35, down Rs 3.30, or 1.18 percent.

It has touched an intraday high of Rs 281.60 and an intraday low of Rs 275.00.

In the previous trading session, the share closed up 0.47 percent or Rs 1.30 at Rs 280.65.

The share touched a 52-week high of Rs 324.25 and a 52-week low of Rs 167.55 on 15 September, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 14.46 percent below its 52-week high and 65.53 percent above its 52-week low.

Market capitalisation stands at Rs 16,782.11 crore.

Jindal Saw was quoting at Rs 195.45, down Rs 5.85, or 2.91 percent.

It has touched a 52-week low of Rs 194.70.

It has touched an intraday high of Rs 202.60 and an intraday low of Rs 194.70.

It was trading with volumes of 177,068 shares, compared to its five day average of 143,775 shares, an increase of 23.16 percent.

In the previous trading session, the share closed down 0.79 percent or Rs 1.60 at Rs 201.30.

Market capitalisation stands at Rs 12,499.19 crore.

Hindustan Zinc was quoting at Rs 501.80, down Rs 4.80, or 0.95 percent.

It has touched an intraday high of Rs 510.75 and an intraday low of Rs 496.50.

It was trading with volumes of 196,301 shares, compared to its five day average of 579,842 shares, a decrease of -66.15 percent.

In the previous trading session, the share closed down 1.28 percent or Rs 6.55 at Rs 506.60.

The share touched a 52-week high of Rs 575.00 and a 52-week low of Rs 378.65 on 30 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 12.73 percent below its 52-week high and 32.52 percent above its 52-week low.

Market capitalisation stands at Rs 212,026.51 crore.

Shoppers Stop was quoting at Rs 513.40, down Rs 9.70, or 1.85 percent.

It has touched an intraday high of Rs 526.45 and an intraday low of Rs 510.00.

In the previous trading session, the share closed up 1.65 percent or Rs 8.50 at Rs 523.10.

The share touched a 52-week high of Rs 758.35 and a 52-week low of Rs 467.50 on 18 October, 2024 and 13 March, 2025, respectively.

Currently, the stock is trading 32.3 percent below its 52-week high and 9.82 percent above its 52-week low.

Market capitalisation stands at Rs 5,653.16 crore.

#1 Q2 performance was in-line with 2.2 percent QoQ CC revenue growth & $3.1 billion in large deal wins

#2 Company raised the lower end of FY26 growth guidance by 100 bps to 2-3 percent YoY CC

#3 Company raising the lower end of FY26 growth guidance signals a soft H2FY26 despite strong deal wins

#4 Expect 6 percent EPS CAGR over FY26-28

The Sensex was up 358.09 points or 0.43 percent at 83,825.75, and the Nifty was up 93.05 points or 0.36 percent at 25,678.35. About 1411 shares advanced, 2314 shares declined, and 120 shares unchanged.

#1 Q2 consolidated revenue was below estimate, led by advertising revenue decline of 11 percent YoY

#2 Due to a jump in content costs, Zee’s EBITDA margin fell

#3 Reported PAT was down 63 percent YoY & 47 percent QoQ

#4 Following a disappointing Q2FY26, FY26-28 forecasts have been cut

#5 Growing viewership, continued OTT/ZEE5 ramp-up & festive season may support ad growth going forward

#6 Cash on balance sheet remains high at Rs 2,100 crore

PSP Projects was quoting at Rs 746.30, down Rs 15.20, or 2.00 percent.

It has touched an intraday high of Rs 769.90 and an intraday low of Rs 734.25.

It was trading with volumes of 4,430 shares, compared to its five day average of 2,429 shares, an increase of 82.36 percent.

In the previous trading session, the share closed down 0.03 percent or Rs 0.20 at Rs 761.50.

The share touched a 52-week high of Rs 842.50 and a 52-week low of Rs 566.50 on 17 July, 2025 and 25 October, 2024, respectively.

Currently, the stock is trading 11.42 percent below its 52-week high and 31.74 percent above its 52-week low.

Market capitalisation stands at Rs 2,958.47 crore.

#1 Q2 results slightly exceeded expectations, with continued strength in deal wins & robust pipeline

#2 Margin outlook remains stable due to cost rationalisation, Rs weakness & ai-led productivity gains

#3 Improved US macro visibility could accelerate IT spending in 2026, benefiting Infosys

Infosys was quoting at Rs 1,437.10, down Rs 35.65, or 2.42 percent.

It has touched an intraday high of Rs 1,459.00 and an intraday low of Rs 1,433.80.

It was trading with volumes of 543,319 shares, compared to its five day average of 355,617 shares, an increase of 52.78 percent.

In the previous trading session, the share closed down 0.08 percent or Rs 1.15 at Rs 1,472.75.

The share touched a 52-week high of Rs 2,006.80 and a 52-week low of Rs 1,307.10 on 13 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 28.39 percent below its 52-week high and 9.95 percent above its 52-week low.

Market capitalisation stands at Rs 597,029.02 crore.

UCO Bank was quoting at Rs 30.85, down Rs 0.55, or 1.75 percent.

It has touched an intraday high of Rs 31.74 and an intraday low of Rs 30.80.

It was trading with volumes of 273,863 shares, compared to its five day average of 1,334,677 shares, a decrease of -79.48 percent.

In the previous trading session, the share closed down 0.48 percent or Rs 0.15 at Rs 31.40.

The share touched a 52-week high of Rs 52.00 and a 52-week low of Rs 26.83 on 05 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 40.67 percent below its 52-week high and 14.98 percent above its 52-week low.

Market capitalisation stands at Rs 38,684.54 crore.

Sapphire Foods India was quoting at Rs 291.30, up Rs 4.00, or 1.39 percent.

It has touched an intraday high of Rs 292.15 and an intraday low of Rs 284.95.

It was trading with volumes of 11,478 shares, compared to its five day average of 3,102 shares, an increase of 270.04 percent.

In the previous trading session, the share closed up 3.12 percent or Rs 8.70 at Rs 287.30.

The share touched a 52-week high of Rs 374.70 and a 52-week low of Rs 242.15 on 06 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 22.26 percent below its 52-week high and 20.3 percent above its 52-week low.

Market capitalisation stands at Rs 9,361.88 crore.

Polycab India was quoting at Rs 7,517.55, down Rs 61.75, or 0.81 percent.

It has touched an intraday high of Rs 7,648.40 and an intraday low of Rs 7,473.00.

It was trading with volumes of 10,158 shares, compared to its five day average of 5,635 shares, an increase of 80.25 percent.

In the previous trading session, the share closed down 1.03 percent or Rs 78.50 at Rs 7,579.30.

The share touched a 52-week high of Rs 7,794.70 and a 52-week low of Rs 4,557.45 on 16 October, 2025 and 28 February, 2025, respectively.

Currently, the stock is trading 3.56 percent below its 52-week high and 64.95 percent above its 52-week low.

Market capitalisation stands at Rs 113,163.29 crore.

HFCL was quoting at Rs 76.17, down Rs 1.18, or 1.53 percent.

It has touched an intraday high of Rs 78.95 and an intraday low of Rs 75.65.

It was trading with volumes of 1,516,911 shares, compared to its five day average of 2,029,750 shares, a decrease of -25.27 percent.

In the previous trading session, the share closed up 0.14 percent or Rs 0.11 at Rs 77.35.

The share touched a 52-week high of Rs 135.95 and a 52-week low of Rs 68.58 on 28 November, 2024 and 29 August, 2025, respectively.

Currently, the stock is trading 43.97 percent below its 52-week high and 11.07 percent above its 52-week low.

Market capitalisation stands at Rs 10,988.84 crore.

HFCL was quoting at Rs 76.17, down Rs 1.18, or 1.53 percent.

It has touched an intraday high of Rs 78.95 and an intraday low of Rs 75.65.

It was trading with volumes of 1,516,911 shares, compared to its five day average of 2,029,750 shares, a decrease of -25.27 percent.

In the previous trading session, the share closed up 0.14 percent or Rs 0.11 at Rs 77.35.

The share touched a 52-week high of Rs 135.95 and a 52-week low of Rs 68.58 on 28 November, 2024 and 29 August, 2025, respectively.

Currently, the stock is trading 43.97 percent below its 52-week high and 11.07 percent above its 52-week low.

Market capitalisation stands at Rs 10,988.84 crore.

HDFC Bank, ICICI Bank, UltraTech Cement, Punjab National Bank, RBL Bank, IDBI Bank, IDFC First Bank, IndusInd Bank, Jammu & Kashmir Bank, Federal Bank, Agi Greenpac, Anand Rathi Share And Stock Brokers, Can Fin Homes, Jaro Institute of Technology Management and Research, Jaiprakash Power Ventures, SML Isuzu, UTI Asset Management Company, and Yes Bank will release their quarterly results on October 18.

QIB – 8.20 times

NII - 105.33 times

Retail – 17.23 times

Employee Reserved - 18.10 times

Overall – 33.47 times

#1 Q2FY26 results exceeded expectations, reflecting continued improvement in fundamentals

#2 Over the medium to long term, company’s growth is expected to be nearly double

#3 Offers strong growth momentum at reasonable valuations

Ujjivan Small Finance Bank was quoting at Rs 49.00, up Rs 0.02, or 0.04 percent.

It has touched an intraday high of Rs 49.17 and an intraday low of Rs 48.09.

It was trading with volumes of 305,375 shares, compared to its five day average of 1,283,979 shares, a decrease of -76.22 percent.

In the previous trading session, the share closed up 0.95 percent or Rs 0.46 at Rs 48.98.

The share touched a 52-week high of Rs 51.80 and a 52-week low of Rs 30.85 on 10 June, 2025 and 28 January, 2025, respectively.

Currently, the stock is trading 5.41 percent below its 52-week high and 58.83 percent above its 52-week low.

Market capitalisation stands at Rs 9,493.57 crore.

Sterling and Wilson Renewable Energy was quoting at Rs 233.60, down Rs 9.50, or 3.91 percent.

It has touched an intraday high of Rs 247.45 and an intraday low of Rs 232.50.

It was trading with volumes of 230,659 shares, compared to its five day average of 40,859 shares, an increase of 464.52 percent.

In the previous trading session, the share closed down 0.18 percent or Rs 0.45 at Rs 243.10.

The share touched a 52-week high of Rs 638.85 and a 52-week low of Rs 216.05 on 18 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 63.43 percent below its 52-week high and 8.12 percent above its 52-week low.

Market capitalisation stands at Rs 5,455.30 crore.

The company bagged a new from Indian Railways for supply of cabin air-conditioning equipment in Diesel Electric Locomotive amounting to Rs 27 crore (approx) in a recently concluded tender.

TTK Healthcare was quoting at Rs 1,151.30, up Rs 19.85, or 1.75 percent.

It has touched an intraday high of Rs 1,218.95 and an intraday low of Rs 1,150.

In the previous trading session, the share closed down 0.15 percent or Rs 1.70 at Rs 1,131.45.

The share touched a 52-week high of Rs 1,658.55 and a 52-week low of Rs 991.00 on 21 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 30.58 percent below its 52-week high and 16.18 percent above its 52-week low.

Market capitalisation stands at Rs 1,626.83 crore.

#1 The beat was driven by tile segment margins at 15.5 percent, up 350 Bps YoY

#2 Margin expansion resulted from team unification, cost optimisation & lower ad spend

#3 Q2 margin was the highest in 14 quarters

#4 Tile volume growth remained muted at 1 percent

Dalmia Bharat was quoting at Rs 2,247.05, up Rs 22.35, or 1.00 percent.

It has touched an intraday high of Rs 2,265.70 and an intraday low of Rs 2,222.50.

It was trading with volumes of 5,165 shares, compared to its five day average of 11,610 shares, a decrease of -55.51 percent.

In the previous trading session, the share closed up 0.26 percent or Rs 5.80 at Rs 2,224.70.

The share touched a 52-week high of Rs 2,495.95 and a 52-week low of Rs 1,602.00 on 17 September, 2025 and 13 March, 2025, respectively.

Currently, the stock is trading 9.97 percent below its 52-week high and 40.27 percent above its 52-week low.

Market capitalisation stands at Rs 42,146.83 crore.

Embraer Defense & Security and Mahindra Group, have signed a landmark Strategic Cooperation Agreement (SCA) to advance the C-390 Millennium solution for the Indian Air Force’s Medium Transport Aircraft (MTA) programme.

GAIL (India) Limited signed a Tripartite Concession Agreement on October 16,2025 with the Greater Bengaluru Authority (GBA) and Bengaluru Solid Waste Management Limited (BSWML) for setting up a Compressed BioGas (CBG) plant at KCDC area, Haralakunte Village, Bengaluru South Taluk, Bengaluru.

#1 Q2FY26 revenue marginally beat expectations

#2 Raised the lower end of FY26 growth guidance

#3 Margins are expected to remain stable around 21 percent in FY26

#4 Stock is trading at 19.8x FY27 EPS

Indian rupee is trading lower at 87.91 per dollar versus Thursday close of 87.82.

Coca-Cola Co. is considering taking its Indian bottling unit public in a deal that may fetch $1 billion, according to people familiar with the matter.

HDFC Bank, ICICI Bank, UltraTech Cement, Punjab National Bank, RBL Bank, IDBI Bank, IDFC First Bank, IndusInd Bank, Jammu & Kashmir Bank, Federal Bank, Agi Greenpac, Anand Rathi Share And Stock Brokers, Can Fin Homes, Jaro Institute of Technology Management and Research, Jaiprakash Power Ventures, SML Isuzu, UTI Asset Management Company, and Yes Bank will release their quarterly results on October 18.

#1 Eternal posts strong Blinkit NOV, targets doubling by FY27

#2 Blinkit surpasses NOV expectations despite expansion, EBITDA hit by acquisition costs

#3 Eternal eyes doubling Blinkit NOV by FY27, 3,000 store target called conservative

QIB – 2.28 times

NII - 82.88 times

Retail – 14.96 times

Employee Reserved - 15.54 times

Overall – 25.85 times

#1 Q2 performance was strong with 11 percent YoY revenue growth in a disrupted quarter

#2 Three of four product segments posted double-digit volume-led growth

#3 Maggi was a key surprise

#4 Cost inflation is easing

#1 Profit increases 1.2% to Rs 3,246.2 crore Vs Rs 3,208.8 crore, YoY

#2 Revenue grows 1.8% to Rs 22,697.3 crore Vs Rs 22,301.6 crore, YoY

#3 IT services revenue soars 2% to Rs 22,640.5 crore Vs Rs 22,195.7 crore, YoY

#4 IT services EBIT rises 1.3% to Rs 3,780.9 crore Vs Rs 3,732.2 crore, YoY

#5 IT services EBIT margin drops to 16.7% Vs 16.81%, YoY

#6 Guidance: Wipro expects IT services revenue in $2,591-2,644 million in Q3

The Sensex was up 587.45 points or 0.70 percent at 84,055.11, and the Nifty was up 166.35 points or 0.65 percent at 25,751.65. About 1601 shares advanced, 1984 shares declined, and 153 shares unchanged.

Reliance Industries, JSW Steel, JSW Energy, 360 ONE WAM, Atul, AU Small Finance Bank, Bajaj Healthcare, Bank of India, Ceat, Central Bank of India, CESC, CRISIL, Dalmia Bharat, DCB Bank, Dixon Technologies, Havells India, Hindustan Zinc, India Cements, IndiaMART InterMESH, Jindal Saw, Jana Small Finance Bank, L&T Technology Services, Oracle Financial Services Software, Polycab India, Poonawalla Fincorp, PVR Inox, REC, Shoppers Stop, Sobha, Solarworld Energy Solutions, Sterling and Wilson Renewable Energy, Tanla Platforms, Tata Technologies, Tejas Networks, TTK Healthcare, UCO Bank, and Ujjivan Small Finance Bank will announce their quarterly earnings today.

Reliance Industries was quoting at Rs 1,414.70, up Rs 16.65, or 1.19 percent.

It has touched an intraday high of Rs 1,417.50 and an intraday low of Rs 1,399.50.

It was trading with volumes of 361,217 shares, compared to its five day average of 644,643 shares, a decrease of -43.97 percent.

In the previous trading session, the share closed up 1.69 percent or Rs 23.30 at Rs 1,398.05.

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 8.79 percent below its 52-week high and 26.82 percent above its 52-week low.

Market capitalisation stands at Rs 1,914,438.90 crore.

Biocon’s subsidiary, Biocon Biologics, has expanded its partnership with Civica Inc. to launch a private-label insulin Glargine for diabetes treatment in the United States.

Biocon was quoting at Rs 356.65, down Rs 1.45, or 0.40 percent.

It has touched an intraday high of Rs 361.15 and an intraday low of Rs 354.95.

It was trading with volumes of 29,496 shares, compared to its five day average of 87,445 shares, a decrease of -66.27 percent.

In the previous trading session, the share closed up 0.55 percent or Rs 1.95 at Rs 358.10.

The share touched a 52-week high of Rs 405.90 and a 52-week low of Rs 290.80 on 18 July, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 12.13 percent below its 52-week high and 22.64 percent above its 52-week low.

Market capitalisation stands at Rs 47,682.81 crore.

#1 Q2 results, adjusted for a Rs 120 crore one-time charge, were in-line

#2 Strong deal bookings signal an improving outlook

#3 Q3FY26 revenue growth guidance of -0.5 percent to +1.5 percent QoQ CC

#4 Margin may face pressure from deal ramps and recent acquisitions

#5 Expect 3 percent EPS CAGR & 3 percent dividend yield over FY26-28, making the risk-reward less attractive

Wipro was quoting at Rs 242.25, down Rs 11.50, or 4.53 percent.

It has touched an intraday high of Rs 250.15 and an intraday low of Rs 242.

It was trading with volumes of 562,822 shares, compared to its five day average of 290,651 shares, an increase of 93.64 percent.

In the previous trading session, the share closed up 1.42 percent or Rs 3.55 at Rs 253.75.

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 25.36 percent below its 52-week high and 7.64 percent above its 52-week low.

Market capitalisation stands at Rs 253,971.88 crore.

Shares tied to India’s capital markets rose after SEBI announced plans to upgrade its algorithmic and high-frequency trading framework to ensure a level playing field. Share India Securities surged 11%, Emkay Global Financial gained 5%, while the BSE index climbed 1.2%.

Paint stocks surged as a slide in oil prices is expected to lower raw material costs. Asian Paints jumped 5.5%, marking its biggest gain since June 2024. Kansai Nerolac rose 4%, Indigo Paints gained 2.2%, Berger Paints climbed 2%, and Akzo Nobel India added 1%. Brent crude hovered near $61 a barrel, on track for a 3% weekly decline.

Biocon’s subsidiary, Biocon Biologics, has expanded its partnership with Civica Inc. to launch a private-label insulin Glargine for diabetes treatment in the United States.

Biocon was quoting at Rs 355.55, down Rs 2.55, or 0.71 percent.

It has touched an intraday high of Rs 361.15 and an intraday low of Rs 355.55.

It was trading with volumes of 25,596 shares, compared to its five day average of 87,445 shares, a decrease of -70.73 percent.

In the previous trading session, the share closed up 0.55 percent or Rs 1.95 at Rs 358.10.

The share touched a 52-week high of Rs 405.90 and a 52-week low of Rs 290.80 on 18 July, 2025 and 03 March, 2025, respectively.

Currently, the stock is trading 12.4 percent below its 52-week high and 22.27 percent above its 52-week low.

Market capitalisation stands at Rs 47,535.74 crore.

The company’s subsidiary, JSW Energy (Utkal), has received a Letter of Award from Power Company of Karnataka for a 400 MW, 25-year power supply agreement, starting from April 1, 2026. The required coal will be procured from Coal India under the SHAKTI Scheme 2017.

#1 Food recovery slow despite higher spending, margin improved on better take rates

#2 Quick commerce grew in Q2 but margin hit by marketing & expansion costs

#3 Valuations remain high but strong industry tailwinds & execution justify a buy

#1 Loss stands at Rs 45.35 crore Vs profit of Rs 114.7 crore, YoY

#2 Revenue falls 11.5% to Rs 443.4 crore Vs Rs 500.8 crore, YoY

PNB Gilts was quoting at Rs 91.34, down Rs 6.32, or 6.47 percent.

It has touched an intraday high of Rs 92.35 and an intraday low of Rs 88.79.

It was trading with volumes of 109,305 shares, compared to its five day average of 34,713 shares, an increase of 214.88 percent.

In the previous trading session, the share closed up 1.18 percent or Rs 1.14 at Rs 97.66.

The share touched a 52-week high of Rs 129.05 and a 52-week low of Rs 73.55 on 24 October, 2024 and 18 March, 2025, respectively.

Currently, the stock is trading 29.22 percent below its 52-week high and 24.19 percent above its 52-week low.

Market capitalisation stands at Rs 1,644.21 crore.

#1 Profit spikes 41.4% to Rs 49 crore Vs Rs 34.6 crore, YoY

#2 Revenue zooms 49.3% to Rs 252.4 crore Vs Rs 169 crore, YoY