Closing Bell: Market extends winning streak to third day; Nifty above 25,400, Sensex up 350 points

Indian equity indices ended higher with Nifty above 25,400 on September 18. At close, the Sensex was up 320.25 points or 0.39 percent at 83,013.96, and the Nifty was up 93.35 points or 0.37 percent at 25,423.60.

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.

The market rally continues, with the Nifty ending 93 points higher, while the Sensex was up by 320 points. Among sectors, Pharma and Healthcare indices gained over 1 percent, whereas intraday profit booking was seen in selective Defence stocks. Technically, after a gap-up open, the market witnessed some selling pressure at higher levels. However, the short-term outlook remains positive.

For day traders, the higher bottom support is placed near 25,300/82700. We are of the view that as long as the market trades above this level, the bullish sentiment is likely to continue. On the higher side, 25,500/83300 would act as an immediate resistance zone for the bulls. A successful breakout above 25,500/83300 could push the market up to 25,600–25,625/83500-83600.

On the flip side, if the market falls below 25,300/82700, the uptrend would become vulnerable. Below this level, traders may prefer to exit their long positions.

Markets traded volatile on Thursday but managed to maintain the positive tone, continuing its prevailing trend. After a flat start, the Nifty index oscillated within a limited range in the first half however volatility in heavyweights in the latter half triggered sharp swings. Eventually, it closed near the day’s high at 25,423.60, up 0.37%.

Sectoral trends remained mixed, with pharma, IT and financials edged higher while energy and realty ended on a muted note. The broader markets outperformed once again, with both midcap and smallcap indices rising nearly 0.5% each, reflecting strong participation across segments.

The market’s upward momentum was underpinned primarily by the US Federal Reserve’s rate cut of 25 basis points, which boosted risk sentiment globally. Besides, the sentiment stayed constructive, supported by sustained domestic flows and rotational buying in key sectors.

On the index front, we are now on the verge of testing the target zone 25,500 zone in Nifty, which could prompt some profit taking or consolidation in the index ahead. However, the favorable sentiment across the key sectors would keep the tone positive. We thus recommend focusing more on stock-specific opportunities now, preferring stocks where risk to reward is favorable.

Indian equities extended gains after the Fed’s 25 bps rate cut and indication for further easing. IT and Pharma outperformed on expectations of higher spending and stronger export prospects.

Although elevated valuations and a firm dollar index prompted intermittent profit booking, comfort in private banks and mid & small caps helped in sustaining the positive bias and regain the trend.

On Thursday, the benchmark index Nifty opened with a notable upside gap. However, the momentum was short-lived as the index failed to hold on to higher levels, triggering minor profit booking during the mid-session. However, it has marked the low of 25329 level and thereafter witnessed a sharp recovery in the final hour of trade, eventually closing above the 25400 mark with a gain of 0.37%.

Among the Nifty constituents, Eternal and HDFC Life emerged as the top gainers, showcasing strong buying interest. On the flip side, Coal India and Bajaj Finance were the major laggards, dragging the index lower during the day.

From a sectoral perspective, Nifty Pharma and Nifty Healthcare outperformed, reflecting defensive buying amid broader market volatility. Meanwhile, Nifty Media and Nifty PSU Bank indices were under pressure, ending as the top sectoral losers.

The broader market continued its positive momentum, with Nifty Midcap and Nifty Smallcap 100 indices extending their winning streak for the 10th consecutive session. However, market breadth remained slightly negative, as the advance/decline ratio tilted in favour of the decliners. Out of the Nifty 500 universe, 234 stocks managed to close in the green, indicating selective buying across sectors.

Nifty View

The benchmark index Nifty witnessed a sharp recovery in the final hour of Thursday’s trading session, resulting in the formation of a small-bodied candle with a long lower shadow on the daily chart. This candle reflects buying interest at lower levels, suggesting that bulls are defending key support zones.

From a technical standpoint, the index is currently trading above all major moving averages, and momentum indicators such as RSI and MACD are also pointing towards continued bullish strength. This confluence of signals reinforces the positive undertone in the market.

Going ahead, we expect the Nifty to test the levels of 25600, followed by 25750 in the short term. On the downside, the zone between 25300–25270 is likely to act as a crucial support area.

Bank Nifty View

The banking benchmark index Bank Nifty continued its upward momentum on Thursday, recovering smartly from the day’s low and closing above the 55700 mark with a gain of 0.42%. This marks the 12th consecutive positive close, reflecting sustained pullback in banking stocks.

Technically, the index is trading comfortably above its key moving averages, which have now started to slope upwards — a sign of strengthening trend dynamics. Additionally, the daily RSI has surged past the 60 level for the first time since July 2025, indicating a pickup in bullish momentum and improving market breadth within the banking space.

This setup suggests that Bank Nifty may continue its pullback rally in the near term. Going ahead, the zone of 56000-56100 will act as an important hurdle for the index. Any sustainable move above the level of 56000 will lead to a sharp upside rally upto the level of 56600, followed by the 57000 level in the short term. While, on the downside, the zone of 55400-55300 will act as crucial support.

Today, the Indian stock market closed positively, with the Sensex rising by approximately 320.25 points (0.39%) to around 83,013.96 and the Nifty gaining about 93.35 points (0.37%) to hover near 25,423.6 levels.

The positive market sentiment was primarily driven by the US Federal Reserve's decision to cut interest rates by 25 basis points to 4.25%, marking the first rate reduction since December. This monetary easing move boosted global liquidity expectations and strengthened investor confidence in emerging markets like India. Additionally, ongoing optimism around India-US trade negotiations and recent GST reforms taking effect from September 22 continued to support market sentiment. The rupee's stability against the dollar also contributed to the positive mood.

The sectoral performance was led by pharmaceutical stocks, which emerged as the biggest beneficiaries of the Fed rate cut. The Nifty Pharma index was up by 1.50%, gaining 333 points to reach 22,574.35. Top performers in the pharma space included NatcoPharma, Biocon, and Gland Pharma. The technology sector also performed well, with IT stocks like Infosys and Wipro showing gains. However, auto, PSU banks, and real estate sectors faced selling pressure and ended in the red. Media and metal stocks were among the top losers for the day.

Nifty remained volatile after a gap-up start, driven by a dovish Fed announcement. The short-term trend is likely to stay positive as the index is comfortably trading above its critical moving average. The daily RSI is in a bullish crossover and rising above the previous swing high, indicating strengthening momentum.

In the near term, support is placed at 25,300 and 25,150. On the other hand, crucial resistance is seen at 25,500. A decisive move above this level could trigger a rally towards 26,000. Overall, a buy-on-dips strategy remains favorable in the current market scenario.

The Indian rupee's four-day rally hit a snag, mirroring the weakness in regional currencies. The dollar rebounded sharply after the Fed's 25-basis-point rate cut, especially as the 'dot plot' suggests two more cuts are on the table by late 2025.

Despite a weaker dollar against other majors, the rupee's trend remains soft, with its depreciation currently serving as a growth stabiliser rather than a deterrent to rate easing. Near-term, we see spot USDINR supported at 87.65 with resistance at 88.40.

Indian rupee ended 33 paise lower at 88.13 per dollar on Thursday against Wednesday's previous close of 87.80.

Indian equity indices ended higher with Nifty above 25,400 on September 18.

At close, the Sensex was up 320.25 points or 0.39 percent at 83,013.96, and the Nifty was up 93.35 points or 0.37 percent at 25,423.60. About 2019 shares advanced, 1962 shares declined, and 158 shares unchanged.

On the sectoral front, IT index up 0.8 percent, pharma index rose 1.5 percent, metal index was up 0.3 percent and private bank index rose 0.4 percent, while energy, media and Capital Goods indices shed 0.3 percent each.

HDFC Life, Infosys, Eternal, Cipla, Sun Pharma were among major gainers on the Nifty, while losers were Coal India, Bajaj Finance, Trent, Tata Motors, UltraTech Cement.

BSE Midcap index rose 0.3 percent and smallcap indices ended flat.

Indian rupee is trading 31 paise lower at 88.11 per dollar against Wednesday's previous close of 87.80.

Heritage Foods announced substantial price reductions across its product portfolio, passing on the entire benefits of the Government of India's recent GST rationalization to consumers ahead of the festive season.

Heritage Foods was quoting at Rs 525.85, up Rs 37.85, or 7.76 percent.

It has touched an intraday high of Rs 541.60 and an intraday low of Rs 494.30.

It was trading with volumes of 796,507 shares, compared to its five day average of 37,907 shares, an increase of 2,001.19 percent.

In the previous trading session, the share closed down 0.29 percent or Rs 1.40 at Rs 488.00.

The share touched a 52-week high of Rs 658.00 and a 52-week low of Rs 355.55 on 22 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 20.08 percent below its 52-week high and 47.9 percent above its 52-week low.

Market capitalisation stands at Rs 4,879.68 crore.

The Sensex was up 253.80 points or 0.31 percent at 82,947.51, and the Nifty was up 74.90 points or 0.30 percent at 25,405.15. About 1826 shares advanced, 1925 shares declined, and 136 shares unchanged.

UGRO Capital announced that its proposed acquisition of 100% shareholding of Profectus Capital received approval from the Reserve Bank of India (RBI).

Ugro Capital was quoting at Rs 168.95, down Rs 2.70, or 1.57 percent.

It has touched an intraday high of Rs 173.50 and an intraday low of Rs 167.10.

It was trading with volumes of 11,124 shares, compared to its five day average of 12,278 shares, a decrease of -9.40 percent.

In the previous trading session, the share closed down 1.04 percent or Rs 1.80 at Rs 171.65.

The share touched a 52-week high of Rs 265.46 and a 52-week low of Rs 144.10 on 24 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 36.36 percent below its 52-week high and 17.24 percent above its 52-week low.

Market capitalisation stands at Rs 1,972.58 crore.

QIB – 0.00 times

NII - 0.15 times

Retail – 0.36 times

Overall – 0.21 times

Agarwal Industrial Corporation has been awarded a prestigious tender by Indian Oil Corporation Limited (IOCL).

The company has been awarded the supply of Bulk Bitumen (VG-30 & VG40 Grades) to Kakinada locations, of approximately 93,500 MT with total estimated value of Rs 330.05 crore.

Agarwal Industrial Corporation was quoting at Rs 964.45, up Rs 49.70, or 5.43 percent.

It has touched an intraday high of Rs 981.60 and an intraday low of Rs 925.05.

It was trading with volumes of 10,568 shares, compared to its five day average of 5,852 shares, an increase of 80.60 percent.

In the previous trading session, the share closed up 0.44 percent or Rs 4.05 at Rs 914.75.

The share touched a 52-week high of Rs 1,383.15 and a 52-week low of Rs 767.05 on 19 December, 2024 and 29 August, 2025, respectively.

Currently, the stock is trading 30.27 percent below its 52-week high and 25.73 percent above its 52-week low.

QIB – 7.32 times

NII - 28.80 times

Retail – 15.83 times

Overall – 17.75 times

QIB – 0.75 times

NII - 1.72 times

Retail – 1.08 times

Employee Reserved - 3.55 times

Overall – 1.13 times

Azad Engineering has inaugurated exclusive lean manufacturing facility at its new plant in Tunikibollaram IP, Hyderabad.

This facility will serve and support the supply of highly engineered and complex rotating and stationary Airfoils, critical components, subassemblies and assemblies for advanced Gas; Industrial and thermal power turbine engines, meeting Siemens Energy's global demand in the power generation and essential industries.

Zydus Wellness was quoting at Rs 525.70, up Rs 9.88, or 1.92 percent.

It has touched a 52-week high of Rs 527.95.

It has touched an intraday high of Rs 527.95 and an intraday low of Rs 515.70.

It was trading with volumes of 40,906 shares, compared to its five day average of 13,946 shares, an increase of 193.32 percent.

In the previous trading session, the share closed down 1.61 percent or Rs 8.44 at Rs 515.82.

The share touched 52-week low of Rs 298.60 on 04 March, 2025, and currently, the stock is trading 76.05 percent above its 52-week low.

Market capitalisation stands at Rs 3,345.14 crore.

The premium automotive retailer is set to expand its presence in Kolkata, having received a Letter of Approval (LOA) from KIA India to open a showroom in the city.

Landmark Cars was quoting at Rs 656.95, up Rs 10.25, or 1.58 percent.

It has touched an intraday high of Rs 664.80 and an intraday low of Rs 652.05.

It was trading with volumes of 6,717 shares, compared to its five day average of 10,378 shares, a decrease of -35.27 percent.

In the previous trading session, the share closed up 1.19 percent or Rs 7.60 at Rs 646.70.

The share touched a 52-week high of Rs 703.00 and a 52-week low of Rs 306.05 on 10 December, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 6.55 percent below its 52-week high and 114.65 percent above its 52-week low.

Market capitalisation stands at Rs 2,721.41 crore.

Knowledge Marine & Engineering Works announced the successful completion of a preferential issue of equity shares and warrants amounting to Rs 284.81 crores (approximately USD 32.30 million).

Knowledge Marine & Engineering Works was quoting at Rs 2,485.80, up Rs 42.00, or 1.72 percent.

It has touched a 52-week high of Rs 2,574.95.

It has touched an intraday high of Rs 2,574.95 and an intraday low of Rs 2,448.85.

It was trading with volumes of 18,122 shares, compared to its five day average of 48,997 shares, a decrease of -63.01 percent.

It was trading with volumes of 18,122 shares, compared to its thirty day average of 10,766 shares, an increase of 68.33 percent.

In the previous trading session, the share closed up 1.52 percent or Rs 36.55 at Rs 2,443.80.

The share touched a 52-week low of Rs 1,265 07 April, 2025, and currently, the stock is trading 96.51 percent above its 52-week low.

Market capitalisation stands at Rs 2,684.91 crore.

Tata Steel has informed that  Uttam Singh, Vice President Operations (Tata Steel Meramandali), is being re-designated as Vice President Operations (Tata Steel Kalinganagar), with effect from December 1, 2025.

And Sudhir Mehta is being appointed as Vice President Operations (Tata Steel Meramandali) - Designate, with effect from November 15, 2025, and as Vice President Operations (Tata Steel Meramandali) with effect from December 1, 2025.

Tata Steel was quoting at Rs 171.10, down Rs 0.15, or 0.09 percent.

It has touched an intraday high of Rs 172.00 and an intraday low of Rs 169.80.

It was trading with volumes of 556,500 shares, compared to its five day average of 1,313,551 shares, a decrease of -57.63 percent.

In the previous trading session, the share closed down 0.44 percent or Rs 0.75 at Rs 171.25.

The share touched a 52-week high of Rs 172.60 and a 52-week low of Rs 122.60 on 17 September, 2025 and 13 January, 2025, respectively.

Currently, the stock is trading 0.87 percent below its 52-week high and 39.56 percent above its 52-week low.

Market capitalisation stands at Rs 213,593.22 crore.

Helix Healthcare B.V., a wholly owned subsidiary of the company, has incorporated a new wholly owned subsidiary in Malaysia by the name of Aurobindo Pharma (Malaysia) SDN. BHD.

Aurobindo Pharma was quoting at Rs 1,105.95, up Rs 9.70, or 0.88 percent.

It has touched an intraday high of Rs 1,109.95 and an intraday low of Rs 1,095.50.

It was trading with volumes of 49,561 shares, compared to its five day average of 94,074 shares, a decrease of -47.32 percent.

In the previous trading session, the share closed up 0.39 percent or Rs 4.30 at Rs 1,096.25.

The share touched a 52-week high of Rs 1,560.30 and a 52-week low of Rs 994.35 on 19 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 29.12 percent below its 52-week high and 11.22 percent above its 52-week low.

Market capitalisation stands at Rs 64,233.76 crore.

QIB – 0.00 times

NII - 0.11 times

Retail – 0.29 times

Overall – 0.17 times

QIB – 7.24 times

NII - 25.40 times

Retail – 13.88 times

Overall – 15.72 times

Aerolloy Technologies, a wholly owned subsidiary of PTC Industries today announced the successful installation and commissioning of its state-of-the-art Vacuum Arc Remelting (VAR) 400 Furnace at the Aerospace Precision Castings Plant within the Strategic Materials Technology Complex (SMTC) in Lucknow Node of the UP Defence Industrial Corridor.

PTC Industries was quoting at Rs 15,216.05, down Rs 254.25, or 1.64 percent on the BSE.

QIB – 0.30 times

NII - 1.62 times

Retail – 1.01 times

Employee Reserved - 3.38 times

Overall – 0.95 times

The company received offer for allotment of additional Land measuring 1,58,200 square metres by the Rajasthan State Industrial Development & Investment Corporation Limited (RIICO), Alwar. The proposed allotment of land parcel is adjacent to the existing manufacturing facility of the company at Alwar.

Havells India was quoting at Rs 1,588.05, down Rs 5.40, or 0.34 percent.

It has touched an intraday high of Rs 1,595.15 and an intraday low of Rs 1,584.40.

In the previous trading session, the share closed down 1.31 percent or Rs 21.20 at Rs 1,593.45.

The share touched a 52-week high of Rs 2,104.95 and a 52-week low of Rs 1,360.05 on 23 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 24.56 percent below its 52-week high and 16.76 percent above its 52-week low.

Market capitalisation stands at Rs 99,561.48 crore.

ITC was quoting at Rs 411.70, up Rs 2.40, or 0.59 percent.

It has touched an intraday high of Rs 412.95 and an intraday low of Rs 410.10.

It was trading with volumes of 540,352 shares, compared to its five day average of 1,570,437 shares, a decrease of -65.59 percent.

In the previous trading session, the share closed down 0.93 percent or Rs 3.85 at Rs 409.30.

The share touched a 52-week high of Rs 528.55 and a 52-week low of Rs 391.50 on 27 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 22.11 percent below its 52-week high and 5.16 percent above its 52-week low.

Market capitalisation stands at Rs 515,722.71 crore.

Graphite India was quoting at Rs 568.90, up Rs 14.55, or 2.62 percent.

It has touched an intraday high of Rs 576.25 and an intraday low of Rs 554.15.

It was trading with volumes of 59,135 shares, compared to its five day average of 49,888 shares, an increase of 18.54 percent.

In the previous trading session, the share closed up 1.79 percent or Rs 9.75 at Rs 554.35.

The share touched a 52-week high of Rs 623.40 and a 52-week low of Rs 366.00 on 25 September, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 8.74 percent below its 52-week high and 55.44 percent above its 52-week low.

Market capitalisation stands at Rs 11,114.92 crore.

LIC Housing Finance was quoting at Rs 590.75, up Rs 18.95, or 3.31 percent.

It has touched an intraday high of Rs 592.00 and an intraday low of Rs 572.05.

It was trading with volumes of 63,676 shares, compared to its five day average of 46,659 shares, an increase of 36.47 percent.

In the previous trading session, the share closed up 0.32 percent or Rs 1.85 at Rs 571.80.

The share touched a 52-week high of Rs 689.65 and a 52-week low of Rs 483.50 on 24 September, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 14.34 percent below its 52-week high and 22.18 percent above its 52-week low.

Market capitalisation stands at Rs 32,494.97 crore.

The board of directors of the company approved the creation, issue, and offer of 100,33,090 equity shares of the company, of face value of Rs 10 each fully paid up through preferential issue on private placement basis, for cash consideration, to certain identified investors, at an issue price of Rs 1,994 per equity share, aggregating up to Rs 2000.60 crore.

Capacit’e Infraprojects has secured a prestigious order with a total contract value of Rs 1,518 crore excluding taxes and cess, for “25 Downtown”, by Hubtown. This order is for the construction of an Ultra Luxury Residential Towers in Mumbai, under the Super High-Rise category.

Capacite Infraprojects was quoting at Rs 329.90, up Rs 10.90, or 3.42 percent.

It has touched an intraday high of Rs 332.35 and an intraday low of Rs 320.15.

It was trading with volumes of 58,349 shares, compared to its five day average of 37,154 shares, an increase of 57.04 percent.

In the previous trading session, the share closed up 2.77 percent or Rs 8.60 at Rs 319.00.

The share touched a 52-week high of Rs 465.00 and a 52-week low of Rs 275.80 on 18 December, 2024 and 14 August, 2025, respectively.

Currently, the stock is trading 29.05 percent below its 52-week high and 19.62 percent above its 52-week low.

Market capitalisation stands at Rs 2,791.09 crore.

Basis the recommendation of nomination & remuneration committee, Yes Bank approved the appointment of  Shinichiro Nishino and Rajeev Veeravalli Kannan as additional directors, non-executive and non-independent directors on the board of the bank.

Yes Bank was quoting at Rs 21.05, down Rs 0.10, or 0.47 percent.

It has touched an intraday high of Rs 21.32 and an intraday low of Rs 20.99.

It was trading with volumes of 6,100,129 shares, compared to its five day average of 12,573,341 shares, a decrease of -51.48 percent.

In the previous trading session, the share closed up 0.71 percent or Rs 0.15 at Rs 21.15.

The share touched a 52-week high of Rs 23.47 and a 52-week low of Rs 16.02 on 19 September, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 10.31 percent below its 52-week high and 31.4 percent above its 52-week low.

Market capitalisation stands at Rs 66,035.66 crore.

QIB – 0.00 times

NII - 0.07 times

Retail – 0.22 times

Overall – 0.13 times

Oil and Natural Gas Corporation was quoting at Rs 235.35, down Rs 1.45, or 0.61 percent.

It has touched an intraday high of Rs 237.55 and an intraday low of Rs 235.30.

It was trading with volumes of 5,092,905 shares, compared to its five day average of 260,808 shares, an increase of 1,852.74 percent.

In the previous trading session, the share closed up 0.70 percent or Rs 1.65 at Rs 236.80.

The share touched a 52-week high of Rs 302.00 and a 52-week low of Rs 205.00 on 24 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 22.07 percent below its 52-week high and 14.8 percent above its 52-week low.

Market capitalisation stands at Rs 296,076.87 crore.

QIB – 7.21 times

NII - 22.09 times

Retail – 12.04 times

Overall – 13.79 times

The Sensex was up 337.69 points or 0.41 percent at 83,031.40, and the Nifty was up 89.55 points or 0.35 percent at 25,419.80. About 2001 shares advanced, 1638 shares declined, and 150 shares unchanged.

Thyrocare Technologies was quoting at Rs 1,198.60, down Rs 8.30, or 0.69 percent.

It has touched an intraday high of Rs 1,219.20 and an intraday low of Rs 1,193.

It was trading with volumes of 1,961 shares, compared to its five day average of 9,935 shares, a decrease of -80.26 percent.

In the previous trading session, the share closed up 1.18 percent or Rs 14.05 at Rs 1,206.90.

The share touched a 52-week high of Rs 1,434.30 and a 52-week low of Rs 658.00 on 13 August, 2025 and 04 March, 2025, respectively.

Currently, the stock is trading 16.43 percent below its 52-week high and 82.16 percent above its 52-week low.

Market capitalisation stands at Rs 6,351.91 crore.

QIB – 0.26 times

NII - 1.41 times

Retail – 0.93 times

Employee Reserved - 3.18 times

Overall – 0.85 times

The company has informed the exchange about a fire incident at its plant office/warehouse/records storage facility in Jhalawar, Rajasthan, on August 25. Several physical records and documents maintained at the premises have been damaged/burnt and are no longer retrievable.

Gokaldas Exports was quoting at Rs 811.00, down Rs 6.50, or 0.80 percent.

It has touched an intraday high of Rs 825.65 and an intraday low of Rs 805.95.

It was trading with volumes of 24,151 shares, compared to its five day average of 43,341 shares, a decrease of -44.28 percent.

In the previous trading session, the share closed up 4.44 percent or Rs 34.75 at Rs 817.50.

The share touched a 52-week high of Rs 1,260.00 and a 52-week low of Rs 668.60 on 18 December, 2024 and 29 August, 2025, respectively.

Currently, the stock is trading 35.63 percent below its 52-week high and 21.3 percent above its 52-week low.

Market capitalisation stands at Rs 5,938.82 crore.

The Board has approved and executed a binding loan facility with Yes Bank for Rs 50 crore, comprising a working capital limit of Rs 48 crore and an unsecured forward cover limit of Rs 2 crore, after canceling the earlier proposal for the issuance of non-convertible debentures (NCDs) of Rs 60 crore.

Mangalam Organics was quoting at Rs 560.75, up Rs 3.50, or 0.63 percent.

It has touched an intraday high of Rs 560.75 and an intraday low of Rs 550.25.

In the previous trading session, the share closed down 1.74 percent or Rs 9.85 at Rs 557.25.

The share touched a 52-week high of Rs 654.05 and a 52-week low of Rs 339.00 on 20 August, 2025 and 01 April, 2025, respectively.

Currently, the stock is trading 14.26 percent below its 52-week high and 65.41 percent above its 52-week low.

Market capitalisation stands at Rs 480.25 crore.

Ampere, the electric 2-wheeler brand of Greaves Electric Mobility, today announced the launch of the Magnus Grand, a thoughtfully upgraded family scooter that aims to set new standards in style, comfort, durability, safety, and advanced LFP battery technology.

Building on the Magnus Neo brand, known for milestone achievements such as the 2300 km Bangalore-Delhi journey, Ampere is taking the next step by introducing the Magnus Grand.

Tata Consultancy Services (TCS) has partnered with Vodafone Idea to transform their business support system (BSS) through an AI-driven and future ready platform.

The five-year engagement will help India’s leading telecom service provider unlock new capabilities in customer experience by deploying a nextgen platform focused on intelligence, automation, personalization and accelerated launch of new product

and services.

Restaurant Brands Asia was quoting at Rs 86.62, up Rs 6.53, or 8.15 percent.

It has touched an intraday high of Rs 87.60 and an intraday low of Rs 79.77.

It was trading with volumes of 495,248 shares, compared to its five day average of 116,107 shares, an increase of 326.54 percent.

In the previous trading session, the share closed down 0.09 percent or Rs 0.07 at Rs 80.09.

The share touched a 52-week high of Rs 116.45 and a 52-week low of Rs 59.50 on 26 September, 2024 and 17 March, 2025, respectively.

Currently, the stock is trading 25.62 percent below its 52-week high and 45.58 percent above its 52-week low.

Market capitalisation stands at Rs 5,042.95 crore.

QIB – 0.00 times

NII - 0.04 times

Retail – 0.14 times

Overall – 00.08 times

The Sensex was up 367.20 points or 0.44 percent at 83,060.91, and the Nifty was up 106.80 points or 0.42 percent at 25,437.05. About 2167 shares advanced, 1379 shares declined, and 152 shares unchanged.

QIB – 7.19 times

NII - 18.87 times

Retail – 9.94 times

Overall – 11.72 times

QIB – 0.26 times

NII - 1.35 times

Retail – 0.87 times

Employee Reserved - 3 times

Overall – 0.81 times

Bajaj Consumer Care was quoting at Rs 258.00, up Rs 20.65, or 8.70 percent.

It has touched a 52-week high of Rs 261.75.

It has touched an intraday high of Rs 261.75 and an intraday low of Rs 235.00.

It was trading with volumes of 199,767 shares, compared to its five day average of 49,236 shares, an increase of 305.74 percent.

In the previous trading session, the share closed up 3.99 percent or Rs 9.10 at Rs 237.35.

The share touched a 52-week low of Rs 151.95 on 03 March, 2025, and currently, the stock is trading 69.79 percent above its 52-week low.

Market capitalisation stands at Rs 3,535.96 crore.

National Aluminium Company was quoting at Rs 213.70, up Rs 0.45, or 0.21 percent.

It has touched an intraday high of Rs 213.95 and an intraday low of Rs 211.75.

It was trading with volumes of 55,397 shares, compared to its five day average of 616,978 shares, a decrease of -91.02 percent.

In the previous trading session, the share closed down 1.48 percent or Rs 3.20 at Rs 213.25.

The share touched a 52-week high of Rs 263.10 and a 52-week low of Rs 140.00 on 25 November, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 18.78 percent below its 52-week high and 52.64 percent above its 52-week low.

Market capitalisation stands at Rs 39,248.82 crore.

The Board has approved the allotment of 3,31,48,102 equity shares of the company at Rs 452.51 per share, amounting to Rs 1,499.98 crore, to the promoter, Rising Sun Holdings.

Poonawalla Fincorp was quoting at Rs 511.50, up Rs 63.80, or 14.25 percent.

It has touched a 52-week high of Rs 513.30.

It has touched an intraday high of Rs 513.30 and an intraday low of Rs 450.15.

It was trading with volumes of 2,789,872 shares, compared to its five day average of 48,161 shares, an increase of 5,692.80 percent.

In the previous trading session, the share closed up 1.23 percent or Rs 5.45 at Rs 447.70.

The share touched a 52-week low of Rs 267.25 on 04 March, 2025 and currently, the stock is trading 91.39 percent above its 52-week low.

Market capitalisation stands at Rs 39,856.52 crore.

Comex Gold experienced significant volatility in the previous session as traders waited for the outcome of the FOMC meeting. The Federal Reserve announced its first 25 basis point rate cut of 2025, which aligned with market expectations. However, the policy stance for 2026 was less dovish, as markets are now anticipating only one potential rate cut next year.

This shift in outlook weighed on bullion, which had rallied strongly in recent weeks on aggressive rate cut bets and increased geopolitical tensions. In the domestic market, prices are trading around the 109,400 level. A breakdown and close below the 109,000 level may lead to lower prices towards the 108,000 level.

The Board has approved the proposal to infuse equity capital of Rs 64.40 crore in the proposed rights issue amounting to Rs 100 crore of the subsidiary company, Cent Home Bank Finance.

Central Bank of India was quoting at Rs 38.00, up Rs 0.16, or 0.42 percent.

It has touched an intraday high of Rs 38.28 and an intraday low of Rs 37.59.

It was trading with volumes of 307,425 shares, compared to its five day average of 407,294 shares, a decrease of -24.52 percent.

In the previous trading session, the share closed up 2.46 percent or Rs 0.91 at Rs 37.84.

The share touched a 52-week high of Rs 61.89 and a 52-week low of Rs 32.81 on 06 December, 2024 and 09 May, 2025, respectively.

Currently, the stock is trading 38.6 percent below its 52-week high and 15.82 percent above its 52-week low.

Market capitalisation stands at Rs 34,395.32 crore.

A former director of real estate company Lodha Developers was arrested on Wednesday for his alleged role in a fraud, officials said.

Accused Rajendra Lodha was taken into custody from his residence at Worli in central Mumbai by the property cell of the Mumbai Crime Branch, a senior police official said.

Rajendra Lodha’s alleged involvement in the fraud came to the fore during the investigation, following which he was arrested, he said.

The Fed’s move shows a shift in priorities - jobs and growth are now weighing as much as inflation in the decision-making.

For Indian investors with U.S. exposure, this creates a more supportive environment for equities, even if currency movements eat into some returns.

The key will be how quickly the Fed follows up with more cuts if the economy slows further.

Heritage Foods was quoting at Rs 506.75, up Rs 18.75, or 3.84 percent.

It has touched an intraday high of Rs 519.60 and an intraday low of Rs 494.30.

It was trading with volumes of 195,324 shares, compared to its five day average of 37,907 shares, an increase of 415.27 percent.

In the previous trading session, the share closed down 0.29 percent or Rs 1.40 at Rs 488.00.

The share touched a 52-week high of Rs 658 and a 52-week low of Rs 355.55 on 22 October, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 22.99 percent below its 52-week high and 42.53 percent above its 52-week low.

Market capitalisation stands at Rs 4,702.44 crore.

The company has signed a contract with the Oil and Natural Gas Corporation (ONGC) for dry dock/major lay-up repairs of one of its jack-up rigs. The estimated contract value is around Rs 200 crore, and the estimated duration for the project is around 12 months.

Bandhan Bank announced the sale of 15.39 crore shares of Yes Bank at Rs 21.5 per share to Sumitomo Mitsui Banking Corporation, for Rs 330.96 crore, and reduced its shareholding in Yes Bank from 0.70% to 0.21%.

The U.S. Food and Drug Administration (FDA) had conducted an inspection at pharma division located in Kothur, Hyderabad, India. The unit has now received Establishment Inspection Report (EIR) classifying the facility as "Voluntary Action Indicated (VAI).

Shareholders have approved the issuance of non-convertible debentures (NCDs) worth up to Rs 8,500 crore, in one or more tranches, on a private placement basis during a period of one year from the date of the AGM.

AAVAS Financiers was quoting at Rs 1,660.80, up Rs 11.40, or 0.69 percent.

It has touched an intraday high of Rs 1,661.45 and an intraday low of Rs 1,644.75.

It was trading with volumes of 24,624 shares, compared to its five day average of 23,927 shares, an increase of 2.91 percent.

In the previous trading session, the share closed down 0.68 percent or Rs 11.30 at Rs 1,649.40.

The share touched a 52-week high of Rs 2,238.35 and a 52-week low of Rs 1,518.00 on 23 April, 2025 and 29 August, 2025, respectively.

Currently, the stock is trading 25.8 percent below its 52-week high and 9.41 percent above its 52-week low.

Market capitalisation stands at Rs 13,147.12 crore.

The Sensex was up 319.63 points or 0.39 percent at 83,013.34, and the Nifty was up 83.40 points or 0.33 percent at 25,413.65. About 2130 shares advanced, 1212 shares declined, and 143 shares unchanged.

Federal Bank announced the sale of 16.62 crore shares of Yes Bank at Rs 21.5 per share to Sumitomo Mitsui Banking Corporation, for Rs 357.48 crore.

Poonawalla Fincorp was quoting at Rs 493.90, up Rs 46.20, or 10.32 percent.

It has touched a 52-week high of Rs 500.

It has touched an intraday high of Rs 500 and an intraday low of Rs 450.15.

It was trading with volumes of 1,020,062 shares, compared to its five day average of 48,161 shares, an increase of 2,018.02 percent.

In the previous trading session, the share closed up 1.23 percent or Rs 5.45 at Rs 447.70.

The share touched a 52-week low of Rs 267.25 on 04 March, 2025, respectively, and currently, the stock is trading 84.81 percent above its 52-week low.

Market capitalisation stands at Rs 38,485.11 crore.

The Board has approved the appointment of Rohit Santhosh as Chief Executive Officer of Bombay Realty.

The Bombay Dyeing Co. was quoting at Rs 184.10, up Rs 0.22, or 0.12 percent.

It has touched an intraday high of Rs 185.51 and an intraday low of Rs 183.75.

It was trading with volumes of 173,950 shares, compared to its five day average of 2,469,811 shares, a decrease of -92.96 percent.

In the previous trading session, the share closed down 0.60 percent or Rs 1.11 at Rs 183.88.

The share touched a 52-week high of Rs 256.40 and a 52-week low of Rs 117.50 on 21 October, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 28.2 percent below its 52-week high and 56.68 percent above its 52-week low.

Market capitalisation stands at Rs 3,802.31 crore.

The infrastructure development company has expanded its order book to Rs 1,442.93 crore as of August 2025.

Cochin Shipyard was quoting at Rs 1,906.40, up Rs 16.50, or 0.87 percent.

It has touched an intraday high of Rs 1,940.00 and an intraday low of Rs 1,895.00.

It was trading with volumes of 118,921 shares, compared to its five day average of 354,131 shares, a decrease of -66.42 percent.

In the previous trading session, the share closed up 3.75 percent or Rs 68.30 at Rs 1,889.90.

The share touched a 52-week high of Rs 2,547.25 and a 52-week low of Rs 1,180.45 on 06 June, 2025 and 18 February, 2025, respectively.

Currently, the stock is trading 25.16 percent below its 52-week high and 61.5 percent above its 52-week low.

Market capitalisation stands at Rs 50,153.72 crore.

The decision of US Fed to cut the rates by 25bps making it 4.0% from 4.25% is a welcome move for the Gems and Jewelry sector, especially given the current volatility in trade due to the tariff. With US being a large market for exports, the fed cut post the implementation of tariffs will drive momentum in exports by bringing in some relief to the business.

In terms of gold, the prices declined in the domestic as well as international markets after setting a new high in India before the Fed rate cut. It is expected that the gold prices in India will further rise though but this can be cushioned if the rupee gains strength against the dollar.

Going ahead, we expect gold prices to be elevated with lower U.S yields making the metal more attractive to investors. In the domestic market, the demand is likely to remain steady even with mild price fluctuation, given the festive and wedding season. Prices could hover in the range of Rs 1,10,000 to 1,12,000/10 gms in the domestic market and USD 3600 to 3700/Oz in the international markets in the near term.

The company has been awarded work allocation order for Jamaniyan to Kakrait Gangajal Uvah Irrigation Scheme from Generation, Water Resources Department, for a total value of Rs 4,42,79,92,121.11.

SEPC was quoting at Rs 13.24, up Rs 1.14, or 9.42 percent.

It has touched an intraday high of Rs 13.30 and an intraday low of Rs 12.17.

It was trading with volumes of 3,399,617 shares, compared to its five day average of 605,090 shares, an increase of 461.84 percent.

In the previous trading session, the share closed down 0.08 percent or Rs 0.01 at Rs 12.10.

The share touched a 52-week high of Rs 33.08 and a 52-week low of Rs 10.91 on 19 September, 2024 and 11 August, 2025, respectively.

Currently, the stock is trading 59.98 percent below its 52-week high and 21.36 percent above its 52-week low.

Market capitalisation stands at Rs 2,337.07 crore.