KEY HIGHLIGHTS
Stock Market LIVE: JSW Steel Share Price Jumps After SC Discards Order Reversing Bhushan Power & Steel's Acquisition
F&O: Nifty September Future Falls
The Nifty September Future declined 0.48% with a premium of 48 points as of 10:49 a.m.
The Nifty Sept 30 Expiry: Most Call Open Interest concentrated on 25,000 strike, while most Put OIs concentrated on 24,800.
Stock Market Today| Stock Market LIVE: Nifty Pharma, Nifty IT Decline Most
On National Stock Exchange, 14 sectoral indices out of 15 were trading in losses.
Stock Market LIVE|Nifty Top Gainers & Losers As 10:21 A.M.
Sun Pharmaceutical Industries Ltd., Wipro India Ltd., IndusInd Bank Ltd., Infosys Ltd., and Asian Paints Ltd. weighed on the Nifty 50 index.
Larsen & Toubro Ltd., Tata Motors Ltd., Hero MotoCorp Ltd., Eicher Motors Ltd., Maruti Suzuki India Ltd. added to the Nifty 50 index.
Nifty 50|Sensex| Stock Market Today: HAL Share Price Rises After Rs 62,370-Crore Contract With Defence Ministry
The share price of Hindustan Aeronautics Ltd., rose nearly 1% during early trade after the Ministry of Defence on Thursday signed a Rs 62,370-crore contract with the company. This deal is for the procurement of 97 LCA Mk1A aircraft for the Indian Air Force.
The deal includes 68 fighters and 29 twin seaters, along with associated equipment, for the Air Force, the Ministry of Defence said on Thursday. The delivery of these aircraft would commence during fiscal 2027-28 and be completed over a period of six years.
Stock Market News: Railtel Corp Gets LoA Worth Rs 970 Crore From Bihar Education Project Council
Railtel Corp Ltd. received letter of award worth Rs 970 crore from Bihar Education Project Council for labs in the government schools, the company said in the exchange filing.
Stock Market News: SpiceJet Finalises Lease Agreement To Induct Airbus A340
SpiceJet Ltd. has finalised a lease agreement to induct a wide-body Airbus A340 aircraft. The aircraft will arrive in India by the end of the month and is expected to enter operations in the first week of October.
IPO News: GK Energy Lists At 12% Premium Over IPO Price
Shares of GK Energy Ltd. listed at a premium of 12% over IPO price on Friday. The scrip opened at Rs 171 on the NSE and Rs 165 on the BSE, compared to the issue price of Rs 153 per share.
The latest grey market premium for the GK Energy IPO was Rs 18 per share, indicating a listing price of Rs 171 apiece and a premium of 12%, as per Investorgain.
Stock Market LIVE: Rites Stock Price Surges At Market Open
Shares of Rites Ltd. have surged over 6% on Friday's trade, reaching an intraday high of Rs 270. This comes on the back of the company's key international order win in South Africa.
Rites is currently trading at Rs 266, which amounts to gains of more than 5.5%. This surge would go a long way in aiding the stock's momentum, especially after a correction of more than 24% in the last year.
Stock Market Today| Stock Market Live: Nifty Pharma Extends Losses To Over One-Month Low As Sun Pharma Drags
The NSE Nifty Pharma index slumped 2.67% in Friday's session as Sun Pharmaceutical Industries Ltd. and Divi's Laboratories Ltd. share prices weighed.
Market-cap of pharma stocks declined Rs 44,600 crore to Rs 16.57 lakh crore as of 9:38 a.m.
Nifty Sensex Today| Stock Market LIVE: Sun Pharma Leads Pharma Stocks Decline After Trump Hikes Tariff To 100%
Sun Pharmaceutical Industries Ltd. declined nearly 5% on Friday as Trump announced 100% tariff on the Pharmaceutical sector unless the company has manufacturing capacity in the United States.
Other Pharmaceutical stocks seeing decline are Cipla Ltd., Dr Reddys Laboratories Ltd., Lupin Ltd. and Biocon Ltd., however the impact on these companuies is largely contained since the US tariffs mainly targe branded and patented drugs, where multinational companies like Pfizer Inc. and Novo Nordisk Inc. dominate.
Sectoral Performance At Open: Nifty Pharma Slumps The Most As US To Impose 100% Tariff On Branded Drug Imports
On National Stock Exchange, all 15 sectoral indices declined the most with the NSE Nifty Pharma falling the most.
Nifty Detractors: Infosys, ICICI Bank, Sun Pharma Shares Weigh
Infosys Ltd., ICICI Bank Ltd., Sun Pharmaceutical Industries Ltd., Bajaj Finance Ltd., and Axis Bank Ltd. weighed on the Nifty 50 index.
Larsen & Toubro Ltd., ITC Ltd., JSW Steel Ltd., State Bank of India, Eicher Motors Ltd. added to the Nifty 50 index.
Stock Market Open: Nifty, Sensex Fall Sharply Tracking Decline On Pharma Stocks
The Nifty 50 and Sensex declined sharply as US President Donald Trump announced a slew of sectoral tariffs for pharma sector and furniture imports. The indices were trading 0.31% and 0.21% down, respectively as of 9:26 a.m.
Global equities halted their record-rally which also weighed on the domestic markets.
Stock Market LIVE: Waaree Energies Shares Down After US Probes Alleged Tariff Evasion
Waaree Energies Ltd. share price fell nearly 4% during early trade on Friday after a report said the US is investigating whether India’s largest solar panel maker evaded anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations.
US Customs and Border Protection has started a formal investigation of Waaree and Waaree Solar Americas Inc. and imposed interim measures, Bloomberg News reported. The authorities suspect Waaree evaded duties when bringing merchandise into the US.
LIVE: Yield On 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.51%
Source: Bloomberg
LIVE: Rupee Opens Weaker Against US Dollar
Rupee opened 2 paise weaker at 88.69 against the greenback
It closed at 88.67 a dollar on Thursday
Source: Bloomberg
Stock Market LIVE: L&T Tech Expands Pact With Siemens
L&T Technology Services expanded pact with Siemens to advance machine and line smulation technology. The company will utilise digital technology portfolio of Siemens to deliver simulation-driven automation for sectors, the company said in the exchange filing.
Many Traders Replacing Large FMCG Stocks With IT, Says Sowlio Investment's Sandip Agarwal
Sowlio Investment Fund Manager And Co-Founder not much negative on Indian IT companies. Accenture's numbers tells a fact that it is an ex-growth sector. There will be a similar commentary from Indian IT companies.
Large-cap Indian IT companies are replacing some of the FMCG companies. Traders are buying these companies because they are delivering similar growth, margins at half the multiples, he said.
More experts' view on NDTV Profit
Stock Market News: Should FPIs Return To India? HSBC Says Time's Right
As the Indian market gears up for another earnings season, HSBC believes the time is right for foreign investors to return after an extended period of weakness and macro turmoil that has stifled growth.
In its latest India Strategy report, HSBC analyst Prerna Garg pointed out that a combination of low valuation, a slow recovery in earnings and a low foreign fund positioning makes it an ideal staging ground for foreign investors to return to India.
Solarworld Energy Solutions IPO GMP In Focus: What Does Grey Market Signal On September 26
The initial public offering (IPO) of Solarworld Energy Solutions, which opened on Tuesday, September 23, concluded its subscription process on September 25.
The IPO was booked 65.01 times on Thursday. Overall, investors bid for 52,60,95,906 shares against the 80,93,092 shares on offer.
JLR Begins Recovery After Cyberattack; Key Systems Back Online
Sections of Jaguar Land Rover Automotive Plc's IT systems are back up and running, a company statement from the Tata Motors subsidiary announced on Thursday. The statement comes after the company was attacked by cybercriminals nearly a month ago.
"As part of the controlled, phased restart of our operations, today we have informed colleagues, suppliers and retail partners that sections of our digital estate are now up and running. The foundational work of our recovery programme is firmly underway," the company said.
Market Expert's View On Bond: Seen Steady; Traders Await Govt's Borrowing Plan Details
"Indian government bonds are trading narrowly. Market participants are awaiting debt supply details. The borrowing calendar for the fiscal second half is expected soon. RBI’s monetary policy decision is due on October 1. Traders are also awaiting states' quarterly borrowing calendar. All eyes are on interest rate cues."Kunal Sodhani, Head, Treasury, Global Trading Centre, Shinhan Bank
Market Expert's View On Rupee: Indian Unit To Open Weaker Against US Dollar
"The Indian Rupee is set to open weaker at 88.78 amidst rise in dollar index and fall in Asian currencies with dollar strength ruling on all fronts. The rupee which remained in a range of 88.60 to 88.70 yesterday as RBI may have prevented it to fall is still vulnerable to reaching a level of 89.00."Anil Kumar Bhansali, Head, Treasury, Finrex Treasury Advisors
Nifty 50| Sensex|GIFT Nifty Update As Of 7:57 a.m.
The GIFT Nifty was trading 0.11% or 29 points higher at 24,956, indicating a slight higher start from the NSE Nifty 50 index.
Stock Market News: Trump Slaps 100% Pharma Tariffs: What It Means For Indian Companies
The Trump administration will impose a 100% import tariff starting Oct. 1 on branded or patented drugs unless a company has or is building a manufacturing plant in the US. This presents a fresh challenge to Indian pharmaceutical companies.
The US is the largest market for Indian drugmakers. India exported $3.7 billion worth of pharma products to the US in the first half of 2025.
Pre-Market Experts' View: Nifty Reflects Neutral-To-Bearish Bias
"The index reflects a neutral-to-bearish bias, raising the risk of a retest at 24,600, and potentially 24,150 near the 200-DMA, if weakness persists. While DIIs managed to offset FII outflows in the cash segment, derivative positions remained skewed towards the bearish side, amplifying downside pressure."Hariprasad K, Research Analyst and Founder, Livelong Wealth
"Markets remain under pressure as global uncertainty, FII selling, and weakness in heavyweights continue to weigh on sentiment. The Nifty’s break below 24,900 signals a fragile near-term trend, with 24,800 now acting as the immediate support. Unless the index reclaims 25,200 decisively, volatility may persist with a downward bias"Gaurav Garg, Research Analyst, Lemonn Markets Desk
Stock Market LIVE: Dr. Reddy's Labs, Sun Pharma, Lupin, Glenmark Pharma And Other Pharma Stocks May React To Tariff Threat
Pharma stocks like Dr. Reddy's Laboratories Ltd., Sun Pharmaceutical Industries Ltd., Lupin Ltd., Glenmark Pharmaceuticals Ltd. share prices may react to latest tariff concern.
US President Donald Trump has proposed to impose 100% tariff on branded and patented drug imported, unless the company has manufacturing facility in the country. The tariff will come in effect from Oct 1.
Accenture Earings: Q4 Revenue Rises 7% To $17.6 Billion On AI Boost, Beats Street Estimates
Accenture reported financial results for the fourth quarter and full fiscal year ended Aug. 31, 2025, with revenue rising 7% year-on-year to $17.6 billion, above the Wall Street estimates of $17.38 billion, driven by resilient demand from enterprise clients for its AI-driven consulting and services. Shares of the Dublin-based tech giant were up 3.7% in volatile premarket trading.
Asia Market LIVE: South Korea's KOSPI, Hong Kong's Hang Seng Lead Losses
Markets in Japan, South Korea, Mainland China, Australia, and Hong Kong were trading in losses, as the record-rally halted on valuation and tariff concern.
US Federal Reserve officials gave mixed signals on rate cut outlook. Meanwhile, President Donald Trump proposed to impose 100% tariff on branded patented drug imports.
South Korea's KOSPI and Hong Kong's Hang Seng were trading 2.00% and 0.85% down, respectively as of 7:21 a.m.
Japan's Nikkei 225 and Mainland China's CSI 300 were trading 0.13% and 0.20% down, respectively as of 7:22 a.m.
US Market Update: S&P 500 Posts Longest Losing Streak In A Month
The S&P 500 index declined for third consecutive session to post the longest losing streak in a month, Bloomberg reported. Valuation concern weighed on US stocks after tech-rally took a breather.
The S&P 500 and Dow Jones Industrial Average ended 0.50% and 0.38% down, respectively, on Thursday.
LIVE: GIFT Nifty Implies Positive Opening; BHEL, NTPC, PFC, Pharma In Focus
The GIFT Nifty was trading 0.15% or 38.50 points higher at 25,127 as of 6:30 a.m., which indicated a positive opening for the NSE Nifty 50.
Traders will keep an eye on Bharat Heavy Electricals Ltd., NTPC Ltd., Power Finance Corp Ltd., JSW Energy Ltd., and Avenue Supermarts Ltd. shares. Pharma stocks will also be in focus on Donald Trump's decision of 100% tariffs on pharma imports.
Informational technology stocks will also be in focus as they may react to Accenture's upbeat earnings.
The Nifty 50 and Sensex declined for a fifth session in a row Thursday. The indices ended 0.66% and 0.68% lower, respectively.
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