At 9:25 am on Thursday, the Nifty 50 index showcased several stocks contributing positively to its performance. Key contributors included Reliance, Bajaj Finance, and SBI, among others.
Key Positive Index Contributors:
- Reliance: 1381.70 (8.63)
- Bajaj Finance: 971.60 (5.61)
- SBI: 823.55 (5.48)
- TCS: 3124.80 (3.96)
- Titan Company: 3635.00 (3.16)
- Larsen: 3558.50 (2.66)
- Jio Financial: 311.70 (2.59)
- NTPC: 329.65 (2.39)
- Bajaj Finserv: 2042.90 (1.85)
- Tata Motors: 710.80 (1.54)
- ONGC: 233.68 (1.51)
- Tata Steel: 169.70 (0.58)
- Cipla: 1568.00 (0.54)
- Axis Bank: 1071.10 (0.54)
- Asian Paints: 2547.20 (0.46)
- Maruti Suzuki: 15119.00 (0.38)
Several companies have announced corporate actions. Reliance announced the incorporation of a wholly-owned subsidiary, Reliance Intelligence Limited, on September 10, 2025. Additionally, there were updates on institutional investors' meetings where company executives participated in forums such as the CITIC CLSA Investors' Forum 2025 and the Goldman Sachs Asia Leaders Conference. These meetings did not involve the sharing of any unpublished price-sensitive information.
Bajaj Finance faces scrutiny regarding recent volume movements, with the Exchange seeking clarification on September 5, 2025. The company also reported the allotment of equity shares under its Employee Stock Option Scheme 2009.
SBI executives participated in investor interactions arranged by Bank of America in Hong Kong and CLSA at Hong Kong.
TCS announced partnerships and projects, including a collaboration with CEA to advance Physical AI Research and Innovation in France, and selection by the Government of Odisha to build a next-generation, AI-enabled Integrated Financial Management System.
Larsen & Toubro (L&T) highlighted its L&T Energy GreenTech's partnership with Japan's ITOCHU for a Green Ammonia Project.
Jio Financial Services Limited announced the incorporation of a joint venture company named Allianz Jio Reinsurance Limited on September 8, 2025, in collaboration with Allianz Europe B.V. The company will engage in the reinsurance business in India, subject to regulatory approvals.
NTPC disclosed the appointment of Statutory Auditors for the financial year 2025-26, aligning with the appointments for the financial years 2023-24 and 2024-25. The company also reported the discontinuation of operations at the Tanda Thermal Power Station, Stage-I (4X110 MW).
Tata Steel provided updates on its unlisted insurance subsidiaries. Tata Motors is also actively engaging with analysts and investors, participating in meetings and discussions.
The consolidated financial performance of Reliance showcases robust revenue and net profit figures. Quarterly revenue has seen an increase from Rs 231,784 Crore in June 2024 to Rs 243,632 Crore in June 2025. Net profit also significantly increased from Rs 17,448 Crore to Rs 30,681 Crore over the same period.
In summary, several stocks, including Reliance, Bajaj Finance, and SBI, have shown positive contributions to the Nifty 50 index, reflecting varied financial performances and strategic corporate actions.
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