Stock Market LIVE: Nifty, Sensex Trade Higher As HDFC Bank, BEL, RVNL Share Prices Rise

Both the Nifty 50 and Sensex were trading 0.33% higher as of 11:36 a.m. Follow NDTV Profit's blog for real-time updates, analyst insights, stock picks, and all the market-moving news.

The Nifty 50 and Sensex continued to trade strong tracking rise in heavyweight stocks. (Photo: Freepik)

The Nifty 50 and Sensex were trading on W higher ednesday, tracking a rise in the heavy-weight stocks: HDFC Bank Ltd. and Reliance Industries Ltd. The Nifty 50 will likely face strong resistance at 25,600. The key support level is at 25,200. The NSE Nifty Defence index was outperforming sectoral indices. The NSE Midcap 150 and NSE Smallcap 250 rose in line with the benchmark indices. Dreamfolks share price was locked in a lower circuit while Coal India share price rose to a three-monht high.
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Export-Focused Sectors Like Textiles May Jump If Tariff Declines, Prashant Khemka Says

Export-oriented sectors like textiles, jewellery, seafood, automobile origianl equipment manufacturing sectors will likely see a shar rebound in case US tariffs come down to earlier expectation of 15–20%, said Prashant Khemka, WhiteOak Capital said. He also noted there was no significant correction in the export-oriented comapanies' stocks.

Nifty 50|Sensex| Stock Market Today: TCS In Pact With Qualcomm To Develop AI-Driven Capabilities

Tata Consultancy Services is in pact with Qaulcomm to develop artificial-intelligence driven smart, sustainable capabilities for industries. The company will set up innovation lab in Bengaluru, the comapny said in the exchange filing.

Modi At 75: Soaring Benchmarks To SIP Growth — How Market Performed In Last 11 Years

Prime Minister Narendra Modi turns 75 today. His tenure since May 2014 has coincided with a transformative phase in Indian financial markets. From benchmark indices to sectoral performances, and from the surge public sector undertaking stocks to growth in investor participation, markets have moved into a phase of growth and scale not seen earlier.

Also Read: Modi At 75: Soaring Benchmarks To SIP Growth — How Market Performed In Last 11 Years

LIVE: Rupee Rises Sharply Against US Dollar 

  • Rupee strengthened 33 pais to 87.72 against US Dollar

  • It's the highest level since Aug 29

  • The dollar index dollar index at 11-week low 

  • It settled at 88.05 on Tuesday

Source: Cogencis

Stock Market LIVE: Johnson Control's Board Approves To Change Name To Bosch Home Comfort India 

Johnson Control's board approved changing name to Bosch Home Comfort India, the company said in the exchange filing.

Nifty 50| Sensex| Stock Market Today: Mumbai IT Wing Conducting Searches At Marico

  • Mumbai Income Tax wing conducting survey action at Marico several offices and factories.

  • Survey operations across all Marico offices, manufacturing units, and major dealers.

  • The Survey action is linked to scrutiny of certain foreign funding transactions.

Source: People In The Know

Dev Accelerator Share Price Opens Flat After Strong IPO

Dev Accelerator Ltd. made an underwhelming debut on the stock market on Wednesday, listing at its IPO price. The stock opened at Rs 61 on the NSE and Rs 61.3 on the BSE. The issue price was Rs 61 per share.

Also Read: Dev Accelerator Share Price Opens Flat After Strong IPO

IPO News: Urban Company Makes Bumper Listing At 57% Premium Over IPO Price

Urban Company Ltd. shares made a spectacular debut on the stock market on Wednesday, listing at a premium of 57 % over the IPO price. The share price opened at Rs 162.25 on the NSE and Rs 161 on the BSE. The issue price was Rs 103.

Also Read: Urban Company Makes Bumper Listing At 57% Premium Over IPO Price

Prestige Estates Shares In Focus As Nomura Initiates Coverage With 'Buy' — Check Target Price

Nomura has initiated coverage on Prestige Estates Ltd., issuing a 'buy' rating and a target price of Rs 1,900, which implies a potential upside of nearly 17% from Tuesday's closing price.

The brokerage firm cited Prestige's strong execution, expansion beyond Bengaluru and a growing annuity-plus-hotel portfolio as key growth drivers for the company going forward.

Also Read: Prestige Estates Shares In Focus As Nomura Initiates Coverage With 'Buy' — Check Target Price

Nifty Sensex Today| Stock Market Today: Coal India Share Price Jumps To Over Three-Month High

Coal India Ltd. share price rose 1.68% to Rs 402.45 apiece, the highest level since June 11. The company was declared as preferred bidder by the Ministry of Mines for Ontillu-Chandragiri rare earth element exploration block.

Sensex|Nifty 50| Stock Market LIVE: DreamFolks Shares Hit Lower Circuit Following Shutdown Of Domestic Lounge Operations

Shares of DreamFolks have hit lower circuit in trade on Wednesday, with cuts of 5%. This comes after the company announced it has shut down its domestic airport lounge services business - a key revenue generator.

This adds to investors' woes in DreamFolks, whose shares have fallen almost 67% on a year-to-date basis.

Also Read: DreamFolks Shuts Down Domestic Lounge Operations: What Led To The Collapse?

45 Dividend Stocks: SJVN, GMDC, Hindustan Copper, Shakti Pumps — Last Day To Buy Shares To Qualify

Shares of SJVN Ltd., Hindustan Copper Ltd., Shakti Pumps Ltd., and 42 other companies will be of interest on Wednesday, as it marks the last session for investors to buy shares to qualify for receiving the dividend before the stock goes ex/record-date.

The record date determines shareholder eligibility to receive a dividend.

Also Read: 45 Dividend Stocks: SJVN, GMDC, Hindustan Copper, Shakti Pumps — Last Day To Buy Shares To Qualify

Sectoral Performance At Open: Nifty Defence Outperforms 

On National Stock Exchange, 13 sectoral indices advanced out of 15 with the NSE Nifty Defence outperforming. The NSE Nifty Metal remained flat while the NSE Nifty Pharma declined.

Stock Market Today: HDFC Bank, RIL, UltraTech Cemen Contribute Most

HDFC Bank Ltd., Reliance Industries Ltd., UltraTech Cement Ltd., Tata Consumer Products Ltd., and Bharat Electronics Ltd. added to the NSE Nifty 50.

Adani Ports and Special Economic Zone Ltd., Tata Steel Ltd., Cipla Ltd., Sun Pharmaceutical Industries, and Eicher Motors Ltd. weighed on the NSE Nifty 50 index.

Nifty 50|Sensex| Stock Market LIVE: Nifty, Sensex Extend Rally

The NSE Nifty 50 and BSE Sensex continued their rally at open on Wednesday. Heavyweight HDFC Bank Ltd. and Reliance Industries Ltd. supported the benchmark indices. The indices were trading 0.32% and 0.17% higher, respectively as of 9:23 a.m.

Yield On 10-Year Bond Opens Flat

  • The yield on the 10-year bond opened flat at 6.48%

Source: Bloomberg

Rupee Opens Above 87 Against US Dollar

  • Rupee opened 23 paise stronger at 87.83 against US Dollar

  • It settled at 88.06 on Tuesday

Source: Bloomberg

IPO Market Split: QIBs Dominate Mainboard, Retail Investors Drive SME Listings In August

The month of August 2025 witnessed a sharp divergence in India’s primary market trends, with qualified institutional buyers consolidating their dominance in mainboard offerings, while retail investors increasingly steered momentum in small and medium enterprise listings, revealed NSE's Market Pulse report.

The share of QIBs in mainboard IPO allocations rose to 57% in August, up from 51% in July, as per the report. Retail individual investors moderated slightly to 28.5% from 29.2%, while non-institutional Investors edged higher. In contrast, SME listings on the NSE Emerge platform saw a more retail-driven profile.

Also Read: IPO Market Split: QIBs Dominate Mainboard, Retail Investors Drive SME Listings In August

IPO News: Urban Company, Dev Accelerator, Shringar House of Mangalsutra To Make Street Debut On Wednesday

All eyes are on the primary market as the highly anticipated stock market debut of Urban Company, a name that's been making waves is to happen on Wednesday. Urban Company is India’s most subscribed public issue in 2025, closing with a staggering 109x subscription rate.

Apart from Urban Company, Dev Accelerator, Shrinagar House of Mangalsutra are going to list on exchanges today. Track live updates on today's listing with NDTV Profit here.

Asia Markets Live: Nikkei 225 And KOSPI Halt Record Rally Before US Fed Rate Decision

Asian markets held back their record run amid caution before the US Federal Reserve's policy outcome, scheduled for later today. The Nikkei 225 was trading 0.20%, while the KOSPI fell 1.04% down.

The central bank is widely expected to reduce rates by 25 basis points.

Also Read: Asian Stocks Slip As Investors Await Fed Decision: Markets Wrap

Pre-Market Views: Nifty May Continue Rally Amid Caution Before Fed Rate Decision

"Nifty 50 closed at 25,239, continuing to display strong short-term bullish momentum as the index trades above both its 9-day and 15-day EMAs. However, global cues remain cautious as Wall Street closed lower ahead of the US Fed’s policy announcement. Asian markets opened lower, mirroring the global wait-and-watch sentiment."
Hariprasad K, Research Analyst and Founder, Livelong Wealth
"A strong close above 25,200 reinforces a bullish short-term outlook, with investors eyeing fresh near term highs in the 25,400–25,600 range. Importantly, the 25,150 zone—once a stiff resistance—has now turned into a strong support, bolstering confidence among market participants."
Ponmudi R, CEO, Enrich Money

Stock Picks Today: NTPC, Bank Stocks, Marico, Eureka Forbes, Ashok Leyland, HDFC Life On Brokerages' Radar

NTPC Ltd., Marico Ltd., Eureka Forbes Ltd., Ashok Leyland Ltd., Aadhar Housing Ltd., HDFC Life Insurance Co. are among the companies garnering brokerage commentary today.

Analysts have shared their insights and, in several cases, revised their target prices based on their updated fundamental outlooks for these firms. Here are the key analyst calls to watch out for today.

Also Read: Stock Picks Today: NTPC, Bank Stocks, Marico, Eureka Forbes, Ashok Leyland, HDFC Life On Brokerages' Radar

Trade Setup For Sept 17: Nifty Likely To Extend Gains, Key Resistance At 25,500

Analysts forecast a bullish outlook for the Nifty 50 after Tuesday's strong 0.68% higher close at 25,239.10.

"The index has formed a sizable bull candle with a higher high and higher low, signalling extension of the up move. Index witnessed a follow through strength post a bullish crossover of the 20- & 50-days EMA in the daily chart as highlighted in last edition," Bajaj Broking Research said.

The benchmark will find key resistance at 25,500 and even beyond, as per Rupak De, senior technical analyst at LKP Securities. On the downside, support is placed at 25,000.

Also Read: Trade Setup For Sept 17: Nifty Likely To Extend Gains, Key Resistance At 25,500

LIVE: GIFT Nifty Hints At Positive Open; BEL, Dr. Reddy's Labs, Coal India Shares In Focus

The GIFT Nifty was trading 0.06% or 14 points higher at 25,350 as of 6:34 a.m. which indicated a higher open for the NSE Nifty 50 index.

Traders will keep an eye on Bharat Electronics Ltd., Dr. Reddy's Laboratories Ltd., Coal India Ltd., HCLTech Ltd., Premier Explosives Ltd. shares because of the overnight news flow.

The indices closed sharply higher on Tuesday tracking a gain in Larsen & Toubro Ltd., Bharti Airtel Ltd., and Kotak Mahindra Bank Ltd. shares.

The Nifty 50 ended 0.68% higher at 25,239.10, and the Sensex ended 0.73% higher at 82,380.69.

Also Read: Trade Setup For Sept 17: Nifty Likely To Extend Gains, Key Resistance At 25,500

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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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