Stock Market LIVE: Nifty, Sensex Rangebound; RIL, Bajaj Finserv Top Gainers

The Nifty 50 and Sensex were trading 0.65% and 0.62% higher, respectively as of 12:54 p.m. Follow NDTV Profit's live blog for latest stock price movements, analysts' views, and earnings update.

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Good afternoon, the NSE Nifty 50 and BSE Sensex were trading in a narrow range. Reliance Industries Ltd., Bajaj Finserve Ltd., and Shriram Finance Ltd. were top gainers in the NSE Nifty 50 index. The NSE Nifty PSU Bank was the top performing sectoral index. The Nifty 50 is facing a strong resistance at 25,900.

Stock Market Today|Stock Market LIVE: Federal Bank Rises To Record High

Federal Bank share price rose 8.06% to a record high of Rs 229.49 apiece. The stock scaled a fresh high despite delivering a disappointing results for the second quarter as most bank stocks advanced.

Federal Bank Q2 Results (Standalone, YoY)

  • Net profit down 9.6% to Rs 955.26 crore versus Rs 1,056.69 crore

  • Net interest income down 19.9% to Rs 1,896 crore versus Rs 2,367 crore

  • Provisions up 129.7% to Rs 363 crore versus Rs 158 crore

  • Gross NPA at 1.83% versus 1.91% (QoQ)

  • Net NPA flat at 0.48% (QoQ)

Stock Market LIVE: Bharat Rasyan To Consider Stock Spliy & Bonus 

Bharat Rasayan will consider stock split and bonus issue on Oct 24, the company said in the exchange filing.

Stock Market LIVE: Reliance Industries Rises To Near Three-Month High

Reliance Industries Ltd. share price rose 3.52% to Rs 1,466.70 apiece, the highest level since July 21. It

Reliance Industries Q2 FY26 (Cons, QoQ)

  • Revenue up 4.51% at Rs 2.55 lakh crore versus Rs 2.43 lk crore.

  • Ebitda  up 6.94% at Rs 45885 crore  versus Rs 42905 crore.

  • Ebitda margin up 41 bps at 18.02% versus 17.61%.

  • Net profit down 32.7%  at Rs 18165 crore versus Rs 26994 crore.

Stock Market LIVE: ValueQuest Investment's Ravi Dharamshi Positive About Markets

ValueQuest Investment Advisors Founder and Chief Investment Officer Ravi Dharamshi believes that the outlook for markets from here on is bright. He said that after a long time, Indian markets' short-term, medium-term, and long-term — outlooks for all three timelines appear positive.

Also Read: ValueQuest Investment's Ravi Dharamshi Positive About Markets — Know Why

IPO News: Avaada Electro Files Confidential DRHP For Rs 10,000-Crore IPO

  • Brookfield-backed Avaada Electro files confidential DRHP

  • The initial public offer said that it is to be worth up to Rs 10,000 crore

  • IPO said to be mix of fresh issue and OFS

  • Fresh issue proceeds likely to be used for capacity expansion in high-efficiency solar cell and module manufacturing

Source: people in the know

Gold, Silver Prices On Diwali: Check Rates On MCX, Comex And Spot Market

Gold prices remained higher in the domestic and international markets on Monday. On the Multi Commodity Exchange, gold futures for December delivery rose 0.8% to Rs 1,28,556 per 10 grams. Silver contracts were flat at Rs 1,55,518 per one kilogram.

In the spot market, gold was quoted at Rs 1,31,425 on Diwali day.

Stock Market LIVE: GRM Overseas In Pact With Seven Star

GRM Overseas is in pact with Seven Star, Riyadh for distribution of its basmati rice brand '10X' across Saudi Arabian Market, the company said in the exchange filing.

Stock Market LIVE: Time Technoplast Gets Test Report Approval From ICAT 

Time Technoplast received test report approval from ICAT for two variants of E-Rickshaw batteries. The batteries successfully met all testing requirements.

Stock Market LIVE: Gujarat's Pollution Control Board Imposes Interim Environment Damage Compensation On Alivus Life Sciences 

Gujarat Pollution Control Board imposed interim environment damage compensation of Rs 50 lakh on Alivus Life Sciences. GPCB orders to immediately deposit interim environment damage compensation of Rs 29 lakh. GPCB also orders to submit bank guarantee of Rs 10 lakh.

A flash fire incident occurred in Ankleshwar plant on Sept 30, 2025.

Stock Market LIVE: AU Small Finance Bank Hits Record High

AU Small Finance Bank rose 8.17% to a record high of Rs 857.20 apiece. The bank reported that its standalone Net Interest Income rose 8.6% to Rs 2,144 crore versus Rs 1,974 crore.

Also Read: AU Small Finance Bank Q2 Results: Profit Declines 2%; NII, Provisions Rises

Nifty Sensex Today| Stock Market LIVE: ICICI Bank Share Price Falls

ICICI Bank share price declined 2.70% to Rs 1,397.80 apiece, the lowest level since Oct 15. The private lender has posted the weakest year-on-year growth in net profit for September.

Stock Market Today| Stock Market LIVE: Nifty Bank Hits Life High At Open

The NSE Nifty Bank rose 0.90% to a record high of 58,233.65. HDFC Bank Ltd., AU Small Finance Bank Ltd., and Federal Bank Ltd. were top contributor to the Nifty Bank index.

Sectoral Performance At Open: Nifty PSU Bank Leads Gains

On National Stock Exchange, 12 sectoral indices advanced, one declined, and one remained flat out of 15 sectoral indices. The NSE Nifty PSU Bank was the top performing sectoral index, while the NSE Nifty Metal was the worst performing sector.

The NSE Nifty Bank hit a record high at open.

Nifty Contributors: RIL, HDFC Bank, Airtel Shares Support

Reliance Industries Ltd., HDFC Bank Ltd., Bharti Airtel Ltd., Axis Bank Ltd., and Kotak Mahindra Bank Ltd. added to the NSE Nifty 50 index.

ICICI Bank Ltd., UltraTech Cement Ltd., JSW Steel Ltd., Mahindra & Mahindra Ltd., and Tata Steel Ltd. limited gains to the Nifty 50 index.

Stock Market Today: Nifty, Sensex Open At One-Year High

The NSE Nifty 50 and BSE Sensex opened at one-year high as Reliance Industries Ltd. and HDFC Bank shares supported. The indices were trading 0.61% and 0.38% higher, respectively as of 9:31 a.m.

Stock Market LIVE: RBL Bank Share Price Hits Over Five-Year High As Emirates NBD To Invest $3 Billion

RBL Bank Ltd. share price rose to the highest level since February 2020 in Monday's session, despite disappointing results for the September quarter, as $3 billion-deal with Emirates NBD boosted sentiment for the stock.

RBL Bank share price rose 5.14% to Rs 314.90 apiece, the highest level since Feb 27, 2020. I

Stock Market LIVE: HDFC Bank Stock Price Rises On Strong Q2, Jefferies Target Price Hike

The share of HDFC Bank opened higher and is trading with gains of more than 2% following the September quarter earnings, which appears to have sated the mood of investors and brokerages alike.

The stock is currently trading at Rs 1015, which compares to Friday's closing price of Rs 994. The stock has fallen 43% over a year-to-date period and over 40% in the last 12 months.

Also Read: HDFC Bank Q2 Results: Jefferies Raises Price Target On Strong Loan Growth, Margin Outlook

LIVE: Yield On 10-Year Bond Opens Lower

  • The yield on the 10-year bond opened 2 basis points lower at 6.48%

  • It closed at 6.50% on Friday

Source: Bloomberg

LIVE: Rupee Opens Stronger Against US Dollar

  • Rupee opened 3 paise stronger at 87.94 against US dollar

  • It closed at 87.97 a dollar on Friday

Source: Bloomberg

Pre-Market View: Nifty 50 To Extend Gains

"Technically, Nifty index formed a big bullish candlestick on a weekly chart following a Triangle formation breakout on Oct 16, 2025 setting up targets around 26300 spot levels. Going ahead, we continue to maintain our bullish view on Nifty index and suggest traders to maintain buy on dips trading approach till it is holding above 25200 spot levels on closing basis."
Vipin Kumar, Assistant Vice President Technical and Derivatives, Research at Globe Capital Market
"Bullish euphoria and an early Diwali party seem likely at Dalal Street, with sentiment buoyed by hopes of Fed rate cuts, strong global cues, and the IMF’s upward revision of India’s FY26 GDP growth to 6.6%. Technically, Nifty looks poised to extend gains towards 25,670, supported by dovish signals from Fed Chair Powell, easing trade war fears, and soft crude prices near $58.60."
Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd

Brokerages On ICICI Bank

Jefferies

  • Maintain Buy with target price of Rs 1,760

  • Softer growth with better NIMs

  • Asset quality continues to be strong

  • CEO term is till Oct-26 & clarity on future will be key

Morgan Stanley

  • Maintain Overweight with target price of Rs 1,800

  • Well managed NIM; see faster growth ahead

  • Bank has navigated system asset quality and profitability challenges well

  • Delivered NIM of 4.3% in Q2 despite 100 bps of repo rate cuts

  • Incremental loan spread is near trough

  • Expect faster growth ahead; QoQ growth saw some green shoots

Brokerages On HDFC Bank

Jefferies

  • Maintain Buy; Hike target price to Rs 1,240 from Rs 1,200

  • Sep Q: Better Topline Aids Earnings Upgrade

  • Better loan growth and outlook of improving margins

  • Asset quality improves aided by corporate recovery

  • Uptick in deposit growth will be key to better loan growth

  • Lift earnings by 2-6% for FY26 and HDFC Bank stays among top picks

Morgan Stanley

  • Maintain Overweight with target price of Rs 1,225

  • Second quarter: loan growth to continue to improve

  • Deposit growth moderated but market share gains remain strong

  • Asset quality is robust

  • Operating leverage is playing out and NIMs have largely troughed

  • Q2 earnings were steady; expect stronger core PPoP growth over FY26-28 on loan market share gains

Asia Markets LIVE: Japan's Nikkei 225 And Hong Kong's Hang Seng Jump Over 2%

Markets in Japan, China, Hong Kong, and South Korea advanced as tension between the US and China eased ahead of the tarde talks, scheduled for later in this week.

The Nikkei 225 and Hang Seng were trading 2.87% and 2.20% higher, respectively as of 7:33 a.m. The KOSPI was 0.93% higher as of 7:34 a.m.

LIVE: GIFT Nifty Hints At Positive Open; HDFC Bank, RIL, RBL Bank Shares In Focus

The GIFT Nifty was trading 0.24% or 61 points higher at 25,978.50 as of 7:09 a.m., which implied a positive open for the NSE Nifty 50 index.

HDFC Bank Ltd., ICICI Bank Ltd., AU Small Finance Bank Ltd., RBL Bank Ltd., Reliance Industries Ltd. released their second-quarter results over the weekend. These stocks will be in focus during Monday's session.

The NSE Nifty 50 and BSE Sensex ended higher on Friday. The Nifty 50 ended 0.49% or 124.55 points higher at 25,709.85, and the Sensex ended 484.53 points or 0.58% higher at 83,952.19.

Also Read: Trade Setup For Oct. 20: Nifty Finds Support At 25,550–25,350 Levels

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WRITTEN BY
Ananya Chaudhuri
Ananya Chaudhuri covers financial markets news and trends at NDTV Profit. S... more
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