Closing Bell: Market takes H-1B tumble, Nifty at 25,200, Sensex down 466 pts; IT hit hardest

Indian benchmark indices ended on a weak note with Nifty around 25,200 on September 22. At close, the Sensex was down 466.26 points or 0.56 percent at 82,159.97, and the Nifty was down 124.70 points or 0.49 percent at 25,202.35.

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.

Markets began the week on a volatile note and extended their recent decline, ending lower by nearly half a percent. Early weakness, driven by selling in IT stocks amid concerns over the H-1B visa fee hike, was partly offset by a rebound from the day’s low. Sentiment also found some support from the GST rate cuts that came into effect today, which helped limit losses during the first half. However, sustained pressure from heavyweight stocks dragged the index lower as the session progressed, with the Nifty finally settling at 25,202.35.

On the sectoral front, IT, Pharma, and FMCG stocks remained under pressure, while energy and metal sectors showed resilience and closed in the green. Broader indices also slipped, declining by nearly 0.5%–1.0%.

The Indian equity markets experienced volatility following the weekend announcements regarding the H-1B visa. Consequently, the benchmark index commenced the trading session on a slightly weaker note. Initially, the bulls demonstrated resilience; however, as the day progressed, the broader markets underwent profit booking. This led to a decline in the Nifty50 index, which fell to 25200, reflecting a decrease of 0.49 percent for the day.

The profit booking that commenced last week has exerted a considerable influence on the market, driven by macro factors. This development suggests a temporary cessation of the momentum observed earlier this month. Nevertheless, the technical chart structures continue to reflect a strong underlying trend, with price dips presenting favorable opportunities for buyers.

From a technical perspective, the Nifty50 index has retested the neckline of the 'Double Bottom' breakout, which is a promising indicator moving forward. On the levels front, the range of 25100-25000 constitutes a significant support zone, as it corresponds with the 20-DEMA and a bullish gap observed on the daily charts. Provided that this zone remains intact, it is advisable to pursue long positions in proximity to these support levels. On the other hand, 25300-25350 is likely to serve as intermediate resistance, while the recent high of 25449 may act as a significant barrier for now, and only a decisive breakthrough could reignite momentum.

Going forward, traders are encouraged to take a measured approach by maintaining lighter positions, as this may better prepare them for the anticipated volatility in the upcoming sessions. Additionally, one must maintain exclusivity in stock selection from a trading perspective.

The domestic market traded on a lower note amid a sharp increase in H-1B visa costs, which weighed on the IT index, while mid- and small-cap stocks saw profit-booking following recent gains.

GST rationalisation, a normal monsoon, lower interest rates, and tax incentives are expected to support consumption, narrowing the gap between valuations and growth prospects.

Foreign investors are gradually turning buyers, driven by expectations of earnings upgrades in H2FY25, with consumption-focused sectors likely to attract attention and support the market.

The benchmark indices continued profit booking at higher levels, with the Nifty ending 125 points lower while the Sensex was down by 466 points. Among sectors, the IT index was the top loser, shedding nearly 3 percent, whereas intraday buying was seen in selective energy and digital stocks.

Technically, after a gap-down open, the market witnessed intraday recovery, but due to consistent profit booking at higher levels in the second half, it corrected sharply. A lower top on intraday charts and a bearish candle on daily charts indicate further weakness from the current levels.

We are of the view that, as long as market is trading above 25300/82500 the weak sentiment is likely to continue. On the down side, it could slip till 25100-25050/82000-81700. On the flip side, 25,300/82500 would act as a crucial resistance zone for day traders. If the market manages to trade above this level, it could move up to 25,400–25,425/82800-83000.

The current market texture is volatile; hence, level-based trading would be the ideal strategy for day traders.

The Indian rupee is dwindling toward a record low as market participants scrutinise the likely repercussions of the US's new $100,000 H-1B visa levy. This development could precipitate a slowdown in remittance growth and curtail service exports to the US. In the near term, the trajectory for the spot USDINR remains ascent-inclined, with a bedrock of support at 88 and overhead resistance at 88.45.

The benchmark index Nifty began the week on a weak note, opening with a downside gap largely triggered by a selloff in the IT sector. The decline in Nifty IT was driven by geopolitical concerns after U.S. President Donald Trump announced a hefty $100000 fee on fresh H-1B visa applications, aimed at protecting American jobs.

Despite the negative start, the index showed early signs of recovery and climbed to an intraday high of 25331 within the first hour of trade. However, the rebound was short-lived as selling pressure resumed, dragging the index lower through the session. Eventually, Nifty settled at 25200, registering a loss of 0.49% for the day.

Among individual stocks, Adani Enterprises and Eternal stood out as the top gainers within the Nifty basket, while Tech Mahindra and TCS led the losers, reflecting the broader weakness in the IT space. Sectorally, Nifty IT was the worst performer, tumbling nearly 3%, followed by losses in Nifty Pharma and Nifty Healthcare. On the other hand, Nifty Media and Nifty Metal managed to post gains, offering some cushion to the overall market.

The broader market underperformed the headline indices, with Nifty Midcap 100 falling by 0.67% and Nifty Smallcap 100 declining by 1.17%. The advance-decline ratio was heavily skewed in favour of the bears, as 334 stocks from the Nifty 500 universe ended in the red, indicating widespread selling pressure across sectors.

Nifty View

The benchmark index Nifty ended in the red for the second straight trading session, reflecting continued profit booking after the sharp rally of over 1000 points. On the daily chart, it formed a bearish candle with shadows on both ends, indicating indecisiveness among market participants.

In the final hour of trade, the index found support near its 10-day EMA, which helped trigger a minor recovery from the day’s lows. However, technical indicators suggest waning bullish momentum, as the daily RSI slipped below the 60 mark and continues to trend downward.

Going ahead, the zone of 25080-25050 will act as immediate support for the index as the 38.2% Fibonacci retracement level of its recent upward move (24404-25448) is placed in that region. While, on the upside, the zone of 25330-25350 will act as a crucial hurdle for the index. Any sustainable move above the level of 25350 will lead to resume its northward journey. In that case, the index is likely to test the level of 25500 in the short term.

Bank Nifty View

The banking benchmark index Bank Nifty, closed in negative territory, extending its weakness and forming a bearish candle on the daily chart. Notably, the candle features a long upper shadow, which signals selling pressure at higher levels and a lack of follow-through on intraday gains.

Technically, this reflects hesitation among buyers and a possible shift in short-term sentiment. The daily RSI is currently quoting at 54 and continues to trend downward, indicating a gradual loss of bullish momentum and suggesting that the index may remain under pressure unless fresh buying emerges.

Talking about crucial levels, the zone of 54800-54700 will act as crucial support for the index. While, on the upside, the zone of 55600-55700 will act as an immediate hurdle.

Nifty continued to slide down for the second consecutive sessions on Monday and closed the day lower by 124 points amidst volatility. After opening with a downside gap of 89 points, the market showed quick recovery from the lows and filled the opening down gap in the early part of the session. Nifty was unable to sustain the recovery and declined again in the mid to later part of the session and closed near the lows.

A reasonable negative candle was formed on the daily chart with gap down opening and with long upper shadow. Technically, this market action indicates continuation of short-term downward correction in the market with sell on rise.

Medium to long-term trend of Nifty remains positive and the current weakness could be a buy-on-dips opportunity for the short term. Nifty is expected to find support around 25000 levels and is likely to bounce back from the lows. Immediate resistance is placed at 25450.

The Nifty has been witnessing a pullback over the last two days, which is absolutely normal considering the 1,000-point rally that preceded it. In fact, such minor corrections are healthy for a sustained uptrend.

In the short term, support is placed at 25,050, and the overall structure remains intact as long as the index holds above this level. A decisive break below 25,050 could extend the correction towards 24,800.

On the upside, resistance is seen at 25,250. A move above this level could signal a resumption of the uptrend.

Indian rupee ended 21 paise lower at 88.31 per dollar on Monday versus Friday's close of 88.10.

Indian benchmark indices ended on a weak note with Nifty around 25,200 on September 22.

At close, the Sensex was down 466.26 points or 0.56 percent at 82,159.97, and the Nifty was down 124.70 points or 0.49 percent at 25,202.35. About 1715 shares advanced, 2467 shares declined, and 149 shares unchanged.

BSE Midcap and smallcap indices shed 0.7% each.

On the sectors front, IT index down 2.7 percent, pharma down 1.2 percent, while power index up 1.6 percent, oil & gas index up 0.4 percent and metal index rose 0.4 percent.

Biggest Nifty losers were Tech Mahindra, TCS, Infosys, Wipro, Cipla, while gainers were Adani Enterprises, Bajaj Auto, Eternal, Adani Ports, Bajaj Finance.

QIB – 1.00 times

NII - 0.69 times

Retail – 0.78 times

Employee Reserved - 0.38 times

Overall – 0.82 times

Nestle India was quoting at Rs 1,194.60, up Rs 0.10, or 0.01 percent.

It has touched an intraday high of Rs 1,201.20 and an intraday low of Rs 1,191.30.

It was trading with volumes of 510,164 shares, compared to its five day average of 1,281,371 shares, a decrease of -60.19 percent.

In the previous trading session, the share closed down 1.21 percent or Rs 14.60 at Rs 1,194.50.

The share touched a 52-week high of Rs 1,389.00 and a 52-week low of Rs 1,055.00 on 27 September, 2024 and 05 March, 2025, respectively.

Currently, the stock is trading 14 percent below its 52-week high and 13.23 percent above its 52-week low.

Market capitalisation stands at Rs 230,356.43 crore.

QIB – 0.00 times

NII - 0.04 times

Retail – 0.17 times

Employee Reserved - 0.35 times

Overall – 0.09 times

QIB – 2.88 times

NII - 8.03 times

Retail – 6.14 times

Overall – 5.62 times

#1 Navi Mumbai Airport to launch in October 25 with 20 million passengers

#2 Company targeting over 80% capacity in FY27

#3 New airport tariffs offer clear profitability visibility

#4 Company’s solar & wind projects scaling up, green hydrogen projects depend on viability

#5 SEBI cleared Adani Group of Hindenburg’s stock manipulation allegations

#1 Focus on profitable growth evident from Q1FY26 (first positive PAT)

#2 Contribution margins expected to be sustained at current levels

#3 Efficiency gains expected from AI across operations

#4 Discussions ongoing around MDR on UPI for large merchants, outlook still unclear

QIB – 0.01 times

NII - 1.23 times

Retail – 1.47 times

Employee Reserved – 3.16 times

Overall – 1.01 times

QIB – 2.28 times

NII - 1.08 times

Retail – 1.20 times

Overall – 1.48 times

#1 Defensive profile with steadily rising cash flows

#2 Acquisition upside with low loan-to-value ratio

#3 Strong GCC-led office demand

#4 Offers highest tax-free yield among indian REITs

The Sensex was down 446.49 points or 0.54 percent at 82,179.74, and the Nifty was down 117.80 points or 0.47 percent at 25,209.25. About 1555 shares advanced, 2437 shares declined, and 107 shares unchanged.

Indian rupee is trading 22 paise lower at 88.32 per dollar against Friday's close of 88.10.

#1 Management highlights progress toward profitability

#2 Strong merchant franchise of 45 million, lending business performing well

#3 New opportunities in postpaid-on-UPI & wealth businesses

#4 MDR on UPI, if allowed, may apply only to large merchants

#5 Raised FY27–28 EBITDA estimates by 9–14% due to lower opex

The board of directors of IndusInd Bank at its meeting held today, i.e. September 22, 2025, approved the appointment of Viral Damania as the Chief Financial Officer (“CFO”) and Key Managerial Personnel of the Bank, with effect from September 22, 2025.

IndusInd Bank was quoting at Rs 734.40, down Rs 8.90, or 1.20 percent.

It has touched an intraday high of Rs 748.25 and an intraday low of Rs 734.40.

It was trading with volumes of 92,632 shares, compared to its five day average of 124,166 shares, a decrease of -25.40 percent.

In the previous trading session, the share closed up 1.06 percent or Rs 7.80 at Rs 743.30.

The share touched a 52-week high of Rs 1,495.00 and a 52-week low of Rs 605.40 on 23 September, 2024 and 12 March, 2025, respectively.

Currently, the stock is trading 50.88 percent below its 52-week high and 21.31 percent above its 52-week low.

Market capitalisation stands at Rs 57,215.34 crore.

#1 Most geographically diverse among peers

#2 High exposure to GCCs, low to IT services

#3 Healthy balance sheet with around 20% leverage

#4 Significant exposure to floating debt

#5 Sponsored by Blackstone & Sattva

#6 Recent SEBI decision to grant equity status to REITs may help expand investor base

The company has received the Establishment Inspection Report (EIR) from the USFDA for a GMP follow-up inspection conducted at its oncology injectable facility located at SEZ1, Ahmedabad from 9th to 18th June 2025.

The EIR has classified the facility as Voluntary Action Indicated (VAI). The facility was earlier classified as an Official Action Indicated (OAI) in June 2024 which is now revised to Voluntary Action Indicated (VAI).

#1 Near-term weakness continues due to weak summer, high inventories & deferred demand affecting Q2 & FY26 volumes

#2 Recovery priced in; festive & GST tailwinds may help Q3, but industry likely faces a 5–12% contraction in FY26

#3 Valuations are full at 42x FY27 P/E ratio, better entry likely closer to summer 2026 with clearer outlook

The company has infused equity amounting to $85 million in its subsidiary Godrej Mauritius Africa Holdings. This transaction has been executed with the objective of strengthening and deleveraging the balance sheet of Godrej Mauritius Africa Holdings.

Godrej Consumer Products was quoting at Rs 1,231.55, down Rs 10.45, or 0.84 percent.

It has touched an intraday high of Rs 1,248.00 and an intraday low of Rs 1,222.90.

It was trading with volumes of 42,370 shares, compared to its five day average of 38,646 shares, an increase of 9.64 percent.

In the previous trading session, the share closed up 0.23 percent or Rs 2.90 at Rs 1,242.00.

The share touched a 52-week high of Rs 1,468.75 and a 52-week low of Rs 979.75 on 23 September, 2024 and 04 March, 2025, respectively.

Currently, the stock is trading 16.15 percent below its 52-week high and 25.7 percent above its 52-week low.

Market capitalisation stands at Rs 125,996.72 crore.

QIB – 1.00 times

NII - 0.58 times

Retail – 0.67 times

Employee Reserved - 0.30 times

Overall – 0.73 times

The company's subsidiary, IL JIN Electronics (India), has acquired a 100% equity stake in ILJIN Holding, which is incorporated in Israel, from the existing shareholder Gary Sussman. Consequently, ILJIN Holding has become a wholly owned subsidiary of ILJIN and, in turn, a step-down wholly owned subsidiary of Amber Enterprises India.

Amber Enterprises India Limited was quoting at Rs 8,311.10, up Rs 24.30, or 0.29 percent.

It has touched an intraday high of Rs 8,348.05 and an intraday low of Rs 8,173.55.

It was trading with volumes of 11,007 shares, compared to its five day average of 16,810 shares, a decrease of -34.52 percent.

In the previous trading session, the share closed up 0.34 percent or Rs 28.20 at Rs 8,286.80.

The share touched a 52-week high of Rs 8,389.45 and a 52-week low of Rs 4,370.10 on 17 September, 2025 and 23 September, 2024, respectively.

Currently, the stock is trading 0.93 percent below its 52-week high and 90.18 percent above its 52-week low.

Market capitalisation stands at Rs 28,167.22 crore.

The US Food and Drug Administration (US FDA) conducted a product-specific Pre-Approval Inspection at the company’s Pune Biotech facility during September 8–19. The inspection was closed by the US FDA with four observations.

Lupin was quoting at Rs 2,008.90, down Rs 47.30, or 2.30 percent.

It has touched an intraday high of Rs 2,054.30 and an intraday low of Rs 2,008.50.

It was trading with volumes of 11,870 shares, compared to its five day average of 25,759 shares, a decrease of -53.92 percent.

In the previous trading session, the share closed up 0.50 percent or Rs 10.20 at Rs 2,056.20.

The share touched a 52-week high of Rs 2,403.45 and a 52-week low of Rs 1,774.00 on 02 January, 2025 and 07 April, 2025, respectively.

Currently, the stock is trading 16.42 percent below its 52-week high and 13.24 percent above its 52-week low.

Market capitalisation stands at Rs 91,757.41 crore.

Arbitral Tribunal passed an interim award whereby the claims of USD 55.06 million (equivalent to approximately Rs 485.64 crore) made by Sterling and Wilson Solar Solutions Inc., (wholly owned step-down subsidiary of the Company) were dismissed and Conti, LLC, USA was granted a claim amount of USD

6.44 million (equivalent to approx. INR 56.80 Crore) plus interest.

Sterling and Wilson Renewable Energy was quoting at Rs 266.50, down Rs 4.35, or 1.61 percent.

It has touched an intraday high of Rs 272.80 and an intraday low of Rs 266.10.

It was trading with volumes of 100,001 shares, compared to its five day average of 40,859 shares, an increase of 144.74 percent.

In the previous trading session, the share closed up 1.58 percent or Rs 4.20 at Rs 270.85.

The share touched a 52-week high of Rs 721.45 and a 52-week low of Rs 216.05 on 23 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 63.06 percent below its 52-week high and 23.35 percent above its 52-week low.

Market capitalisation stands at Rs 6,223.62 crore.

QIB – 0.00 times

NII - 0.03 times

Retail – 0.15 times

Employee Reserved - 0.29 times

Overall – 0.08 times

QIB – 2.36 times

NII - 7.33 times

Retail – 5.71 times

Overall – 5.11 times

QIB – 0.01 times

NII - 1.07 times

Retail – 1.36 times

Employee Reserved – 3.04 times

Overall – 0.91 times

QIB – 1.41 times

NII - 0.92 times

Retail – 1.13 times

Overall – 1.16 times

#1 Management expects gradual pickup in receivables growth

#2 Monitoring impact of GST rate cuts on spending

#3 Revolver share in receivables to remain at around 23% with downward bias

#4 NIM expansion expected in Q2FY26 due to lower borrowing costs

#5 Cost-to-income ratio expected at 55–57% in FY26

#6 Credit costs expected to trend down in H2FY26

#7 FY26 RoA guidance: around 9%, with Q2 around 9–9.6% & exit below 9%

Indian rupee is trading 10 paise lower at 88.20 per dollar against Friday's close of 88.10.

The government has reduced GST rates on almost all food items and select essential personal care categories to 5% from 12%/18%. This measure could partially revive consumption and improve growth construct (volume/mix-led growth). BRIT, NEST and CLGT are expected to be the key beneficiaries, followed by Dabur and HUVR.

We see limited benefit for MRCO, GCPL, Tata Consumer and VBL. For ITC, the existing GST rate (28%) + compensation cess on Cigarettes would continue for some more time, following which the GST rate would increase to 40%, the compensation cess would be discontinued and there could be some other changes to keep aggregate taxation largely intact.

We expect volume/mix-led revenue growth starting in 3Q. Select food categories (such as namkeen and biscuits) may also see some unorganized-to-organized shift as the lower GST rate could reduce the price gap. Lastly, this GST-rate cut would offer some headroom for price increases in the medium term (H2FY27/FY28).

The Sensex was down 143.92 points or 0.17 percent at 82,482.31, and the Nifty was down 20.70 points or 0.08 percent at 25,306.35. About 1855 shares advanced, 2097 shares declined, and 123 shares unchanged.

QIB – 1.00 times

NII - 0.40 times

Retail – 0.50 times

Employee Reserved - 0.24 times

Overall – 0.61 times

Gold hit a fresh record amid growing optimism about the outlook for US monetary policy, as investors looked ahead to a key inflation print that may give policymakers room to lower rates. Silver extended gains to reach the highest in more than nine years.

The board of directors at their meeting held today have approved for setting up of a Technical Mono Ammonium Phosphate (TMAP) plant at Visakhapatnam.

Coromandel International was quoting at Rs 2,252.55, down Rs 10.35, or 0.46 percent.

It has touched an intraday high of Rs 2,304.55 and an intraday low of Rs 2,234.30.

It was trading with volumes of 6,147 shares, compared to its five day average of 8,501 shares, a decrease of -27.69 percent.

In the previous trading session, the share closed down 1.78 percent or Rs 41.05 at Rs 2,262.90.

The share touched a 52-week high of Rs 2,720.00 and a 52-week low of Rs 1,545.50 on 31 July, 2025 and 08 October, 2024, respectively.

Currently, the stock is trading 17.19 percent below its 52-week high and 45.75 percent above its 52-week low.

Market capitalisation stands at Rs 66,432.45 crore.

Zaggle is getting into a strategic partnership with AU SFB to launch co-branded retail credit card powered by personalized recommendation engine and

TPAP integration and commercial card supported by Zaggle’s enterprise presence and powered by Zaggle Zatix analytics platform.

QIB – 0.00 times

NII - 0.02 times

Retail – 0.11 times

Employee Reserved - 0.24 times

Overall – 0.06 times

#1 Recently announced $100,000 Visa fee seen as neutral to positive for Naukri

#2 Sentimentally negative, but no expected near-term impact on numbers

#3 Companies may hire more through GCCs, which is positive

#4 If GCCs shift away from India, benefits may reduce

#5 Maintain underperform on Info Edge due to weak overall trends despite any GCC hiring uptick

OnMobile  has entered into a strategic partnership with Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, as the Master Aggregator for its Value-Added Services (VAS) portfolio.

QIB – 2.33 times

NII - 5.52 times

Retail – 4.76 times

Overall – 4.23 times

HUDCO has signed a Memorandum of Understanding (MoU) with NBCC (India) for the development of a commercial plot at Ghaziabad (Uttar Pradesh), an institutional plot at Panchkula (Haryana), construction of additional blocks at HUDCO Regional Office, Ahmedabad (Gujarat), and reconstruction of residential flats at the Asian Games Village Complex, New Delhi, on a turnkey basis as deposit work.

Oil India has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) to develop 1.2 GW of renewable energy projects, comprising 1,000 MW of solar and 200 MW of wind, within RVUNL’s Renewable Energy Park in Rajasthan.

The Sensex was down 199.56 points or 0.24 percent at 82,426.67, and the Nifty was down 46.95 points or 0.19 percent at 25,280.10. About 1831 shares advanced, 2108 shares declined, and 122 shares unchanged.

QIB – 0.01 times

NII - 0.98 times

Retail – 1.26 times

Employee Reserved – 2.88 times

Overall – 0.85 times

Indian rupee erased some of the opening losses but still trading lower at 88.14 per dollar versus Friday's close of 88.10.

QIB – 1.22 times

NII - 0.72 times

Retail – 1.06 times

Overall – 1.03 times

Sandur Manganese and Iron Ores was quoting at Rs 160.80, up Rs 1.40, or 0.88 percent.

It has touched an intraday high of Rs 168.00 and an intraday low of Rs 160.60.

It was trading with volumes of 58,317 shares, compared to its five day average of 16,285 shares, an increase of 258.11 percent.

In the previous trading session, the share closed up 1.19 percent or Rs 1.87 at Rs 159.40.

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

Currently, the stock is trading 13.47 percent below its 52-week high and 42.59 percent above its 52-week low.

Market capitalisation stands at Rs 2,605.52 crore.

#1 Maintained early double-digit capacity (ASK) growth guidance for FY26

#2 PRASK expected to be flat to higher YoY in Q2

#3 Management reiterated long-term tailwinds for aviation growth In India despite near-term softness

#4 Company seeding new European routes with leased 787s, XLR deliveries expected from Q4FY26

#5 IndiGo targets over 600 Aircraft by FY30, expanding geographic reach & customer base

#1 H-1B fee hike to have limited impact

#2 Applies only to new applications, not renewals or existing H-1B stock

#3 Potential up to 6% hit to FY27 earnings, assuming entire burden is borne by companies

#4 Actual impact likely lower

#5 Highest estimated impact: LTIMindtree & Persistent Systems, lowest impacted: TCS

The Sensex was down 117.27 points or 0.14 percent at 82,508.96, and the Nifty was down 15.90 points or 0.06 percent at 25,311.15. About 1377 shares advanced, 2538 shares declined, and 113 shares unchanged.

RBL Bank was quoting at Rs 270.00, down Rs 1.00, or 0.37 percent.

It has touched an intraday high of Rs 275.90 and an intraday low of Rs 269.00.

It was trading with volumes of 9,135,913 shares, compared to its five day average of 7,675,311 shares, an increase of 19.03 percent.

In the previous trading session, the share closed down 0.07 percent or Rs 0.20 at Rs 271.00.

The share touched a 52-week high of Rs 279 and a 52-week low of Rs 146.10 on 05 September, 2025 and 20 January, 2025, respectively.

Currently, the stock is trading 3.23 percent below its 52-week high and 84.8 percent above its 52-week low.

Market capitalisation stands at Rs 16,551.56 crore.

Oil India has signed a Joint Venture Agreement with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) to develop 1.2 GW of renewable energy projects, comprising 1,000 MW of solar and 200 MW of wind, within RVUNL’s Renewable Energy Park in Rajasthan.

Oil India was quoting at Rs 406.95, up Rs 2.80, or 0.69 percent.

It has touched an intraday high of Rs 407.50 and an intraday low of Rs 401.25.

It was trading with volumes of 48,684 shares, compared to its five day average of 788,137 shares, a decrease of -93.82 percent.

In the previous trading session, the share closed up 1.24 percent or Rs 4.95 at Rs 404.15.

The share touched a 52-week high of Rs 604.90 and a 52-week low of Rs 322.15 on 25 September, 2024 and 07 April, 2025, respectively.

Currently, the stock is trading 32.72 percent below its 52-week high and 26.32 percent above its 52-week low.

Market capitalisation stands at Rs 66,194.80 crore.

QIB – 0.00 times

NII - 0.10 times

Retail – 0.15 times

Employee Reserved - 0.08 times

Overall – 0.10 times

SBI Life Insurance Company was quoting at Rs 1,870.80, up Rs 28.25, or 1.53 percent.

It has touched an intraday high of Rs 1,879.65 and an intraday low of Rs 1,845.05.

It was trading with volumes of 14,296 shares, compared to its five day average of 100,279 shares, a decrease of -85.74 percent.

In the previous trading session, the share closed up 1.22 percent or Rs 22.20 at Rs 1,842.55.

The share touched a 52-week high of Rs 1,929.75 and a 52-week low of Rs 1,373.15 on 24 September, 2024 and 01 February, 2025, respectively.

Currently, the stock is trading 3.05 percent below its 52-week high and 36.24 percent above its 52-week low.

Market capitalisation stands at Rs 187,560.42 crore.

QIB – 0.00 times

NII - 0.01 times

Retail – 0.05 times

Employee Reserved - 0.09 times

Overall – 0.03 times

HUDCO has signed a Memorandum of Understanding (MoU) with NBCC (India) for the development of a commercial plot at Ghaziabad (Uttar Pradesh), an institutional plot at Panchkula (Haryana), construction of additional blocks at HUDCO Regional Office, Ahmedabad (Gujarat), and reconstruction of residential flats at the Asian Games Village Complex, New Delhi, on a turnkey basis as deposit work.

Housing & Urban Development Corporation was quoting at Rs 234.90, up Rs 5.60, or 2.44 percent.

It has touched an intraday high of Rs 235.50 and an intraday low of Rs 228.70.

It was trading with volumes of 417,715 shares, compared to its five day average of 294,815 shares, an increase of 41.69 percent.

In the previous trading session, the share closed up 2.85 percent or Rs 6.35 at Rs 229.30.

The share touched a 52-week high of Rs 263.95 and a 52-week low of Rs 158.90 on 17 December, 2024 and 03 March, 2025, respectively.

Currently, the stock is trading 11.01 percent below its 52-week high and 47.83 percent above its 52-week low.

Market capitalisation stands at Rs 47,024.63 crore.

QIB – 2.32 times

NII - 4.07 times

Retail – 3.68 times

Overall – 3.38 times

A B Infrabuild

Accel

Ahluwalia Contracts

Archit Organosys

Asian Star Company

Aurionpro Solutions

Aveer Foods

Bajaj Holdings & Investment

Bandaram Pharma Packtech

BEML

Bengal & Assam Company

Black Rose Industries

Bondada Engineering

Bright Outdoor Media

Ceinsys Tech

Commercial Syn Bags

Cords Cable Industries

CyberTech Systems

DCW

Divyashakti

Fischer Medical Ventures

Gujarat Fluorochemicals

GEM Enviro Management

GTV Engineering

Gufic Biosciences

Gujarat Craft Industries

Gujarat Intrux

Hazoor Multi Projects

HPL Electric & Power

Josts Engineering Company

Jeena Sikho Lifecare

Lahoti Overseas

Madhuveer Com 18 Network

Maharashtra Scooters

Monte Carlo Fashions

Navneet Education

National Fertilizers

OM Infra

Paisalo Digital

Parag Milk Foods

Phoenix Township

PNC Infratech

Radix Industries (India)

Rolcon Engineering Company

Ruchira Papers

Sadhana Nitro Chem

Shalibhadra Finance

SMS Pharmaceuticals

Sudarshan Chemical Industries

Swan Corp

Tirupati Foam

Veto Switchgears and Cables

Vintage Coffee And Beverages

Adani Power was quoting at Rs 166.30, up Rs 24.42, or 17.21 percent.

It has touched a 52-week high of Rs 168.80.

It has touched an intraday high of Rs 168.80 and an intraday low of Rs 147.30.

It was trading with volumes of 69,783,925 shares, compared to its five day average of 21,360,447 shares, an increase of 226.70 percent.

In the previous trading session, the share closed up 12.36 percent or Rs 15.61 at Rs 141.88.

Market capitalisation stands at Rs 64,140.89 crore.

QIB – 0.01 times

NII - 0.81 times

Retail – 1.07 times

Employee Reserved – 2.36 times

Overall – 0.72 times

QIB – 1.22 times

NII - 0.62 times

Retail – 0.92 times

Overall – 0.94 times