Stock Market Today: Nifty Closes Flat; Sensex Bounces 470 Points From Day's Lows But Ends In Red

The NSE Nifty Midcap 150 and NSE Smallcap 250 outperformed benchmark indices

The Nifty 50 and Sensex were trading with marginal gains at open on Tuesday. (Photo: Freepik)

The Nifty 50 and Sensex rebounded from day's low as Larsen & Toubro Ltd. and Tata Steel Ltd. shares supported. PSU bank and metal stocks outperformed while realty stocks weighed. Market participants await the outcome of the US Federal Reserve policy meeting.
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Markets At Close: Nifty, Sensex Settle Off Day's Low 

  • Benchmark under performs broader market

  • Nifty ends in Red, above 25,900 mark

  • Nifty Midcap & Smallcap ends flat

  • Tata Steel Ltd. and IndusInd Bank are top Nifty gainers

  • Nifty PSU bank emerges as top sectoral gainers, Gains led by Bank of India & Indian Bank

  • Nifty Realty emerges as tip sectoral loser, loss led by Brigade & Raymond realty

  • Midcap gains led by IDBI Bank and Suzlon Energy Ltd.

  • Small cap gains led by NEWGEN SOFTWARE & Chennai petro

  • Nifty Oil & Gas snaps 2 day gaining streak

  • Nifty Realty snaps 3 day gaining streak

  • Nifty Pharma falls for 4th day in a row

  • Nifty Metals gains for 5th day in a row

  • Nifty Media falls for 3rd day in a row

Rupee Closes Weaker Against US Dollar

  • Rupee closed 3 paise weaker at 88.27 against US Dollar

  • It closed at 88.24 a dollar on Monday 

Source: Bloomberg

Stock Market LIVE: MCX's Trading Operations Shifted To Disaster Recovery Site 

  • Operations were shifted to disaster recovery site. Trading started at 1:25 p.m.

  • All trading systems functioning normally now. Investigation into the issue has been initiated on priority now

Stock Market News: Authum Investment To Buy BIC Cello

Authum Investment will buy 100% stakes in BIC Cello for enterprise value of Rs 153 crore, the company said in the exchange filing.

Stock Market LIVE: RBI Rejects Dia Vikas's Stake Buy In ESAF SFB 

The Reserve Bank of India rejected an over 5% stake acquisition by Dia Vikas. The bank is evaluating alternative course of action.

ESAF SFB assessing implication of the RBI decision including on the scheme of arrangement, the company said in the exchange filing.

Stock Market News: UAE-Based Signature Jewellery Becomes Titan's Subsidiary

UAE-Based Signature Jewellery Holding became a step-down subsidiary of the company. The signature jewellery became holding company for entire jewellery operations of Damas LLC.

'Nothing Can Be Ruled Out For Future': Tamilnad Mercantile Bank On Talks With Foreign Investors

Tamilnad Mercantile Bank's chief executive Salee S Nair said on Tuesday that while there is no current foreign investor interest in the bank, "nothing can be ruled out for the future," a significant statement as foreign capital increasingly targets India's mid-sized banks.

The comments from the managing director and CEO Salee come on the back of Emirates NBD's recent move to acquire a controlling stake in rival RBL Bank - a landmark deal that has put in focus India's mid-sized banks.

Also Read: 'Nothing Can Be Ruled Out For Future': Tamilnad Mercantile Bank On Talks With Foreign Investors

Q2 Earnings LIVE: Kirloskar Pneumatic Share Price Falls As Net Profit Declines 

Kirloskar Pneumatic Q2 Highlights (YoY)

  • Revenue down 12.2% to Rs 378 crore versus Rs 431 crore.

  • Ebitda down 37.9% to Rs 58.1 crore versus Rs 93.6 crore.

  • Margin at 15.4% versus 21.7%.

  • Net profit down 36.1% to Rs 43.2 crore versus Rs 67.6 crore.

Stock Market LIVE: IDBI Bank Share Price Trades Near Four-Month High After Report Claims Centre To Invite Bids Soon

IDBI Bank Ltd. share price was trading near a four-month high in Tuesday's session after news reports indicated the Government will soon call for bids for the stake sales.

IDBI Bank share price rose 7.75% to Rs 102.90 apiece, the highest level since July 3.

Q2 Earnings LIVE: TTK Prestige Share Price Hits Nine-Month High As Net Profit Rises 

TTK Prestige Ltd. share price rose 19.21% to Rs 771.2 apiece, the highest level since Jan 28.

TTK Prestige Q2 Highlights (Consolidated, YoY)

  • Revenue up 11.2% to Rs 834 crore versus Rs 750 crore.

  • Ebitda up 33.2% to Rs 96.5 crore versus Rs 72.5 crore.

  • Margin at 11.6% versus 9.7%.

  • Net profit up 21.6% to Rs 64.2 crore versus Rs 52.8 crore.

Also Read: For faster updates on Q2 earnings click here

Q2 Earnings LIVE: Bharti Airtel Share Price Erases Loss As Its Africa Arm Reports 40% Increase In Net Profit 

Airtel Africa Q2FY26 (QoQ)

  • Revenue up 11% $1567 million vs $1415 million

  • Ebitda up 13% $768 million vs $679 million

  • Ebitda Margin at 49% vs 48%

  • Net profit up 40% $177 million vs $126 million

Stock Market LIVE: Coforge Inaugurates Data & AI Lab In IIT Varanasi

Coforge Ltd. inaugurated data and artificial intelligence lab in IIT Varanasi to harness AI for large scale social impact, the company said in the exchange filing.

Paytm, SBI Cards Seen To Benefit As UPI-Linked RuPay Credit Cards Gain Traction

Paytm and SBI Cards and Payments Services Ltd. are set to benefit from the rising use of RuPay credit cards linked to the UPI platform, according to multinational equity research and brokerage firm Bernstein.

RuPay credit cards were allowed to join the UPI network in late 2022, both developed by the National Payments Corporation of India. As per Bernstein estimates, RuPay credit cards on UPI now account for around 40% of transaction volumes and nearly 8% of value.

Also Read: Paytm, SBI Cards Seen To Benefit As UPI-Linked RuPay Credit Cards Gain Traction

Stock Market News: Mehli Mistry Out of Tata Trust Board

  • Three Trustees rejected Mehli Mistry’s renewal for life trusteeship

  • Noel, Venu, Vijay said to have opposed his renewal

  • Mehli Mistry likely to explore legal options

  • Mehli Mistry had approved Venu’s renewal on condition of renewal of other Trustees

Source: People In The Know

Also Read: Tata Trusts Rift: Venu Srinivasan, Others Push Mehli Mistry Out Of Board | Profit Exclusive

Stock Market News: Apollo Tyres Gets Order From Nhasa Sheva Customs Dept 

Apollo Tyres Tyres Ltd. received order from Nhava Sheva Customs Department demanding anti-dumping duty and fine of Rs 12.7 lakh, the company said in the exchange filing.

Stock Market News: L&T Gets Order In Range of Rs 1,000–2,500 Crore 

Larsen & Toubro Ltd. received order in the range of Rs 1,000–2,500 crore In India and International markets. The company received orders for refinery and integrated petrochemical complex in Saudi Arabia

Heavy engineering vertical received the order to manufacture vessels for the US Project. The company got orders for Ammonia and Urea processing equipment for two fertiliser plants in Mexico.

Stock Market News: HAL Teams Up With Russia-Based United Aircradt To Build SJ-100

Hindustan Aeronautics Ltd. is in pact with Russia's United Aircraft Corp to manufacture civil Aircraft SJ-100, the company said in the exchange filing.

Also Read: HAL To Build Narrow-Body Planes With Boeing Rival United Aircraft Corp

Q2 Earnings LIVE: Cartrade Tech Share Price Hits New High As Net Profit Doubles 

Cartrade Tech Ltd. share price jumped 12.55% to a new high of Rs 2,918.90 apiece. The consolidated net profit surged 114% on year to Rs 59.7 crore from 27.9 crore.

Stock Market News: Zaggle Prepaid Signs One-Year Services Pact With Birlasoft

Zaggle Prepaid Ocean Services Ltd. signed a one-year pact with Birlasoft. The company will provide employee expense management and benefits to Birlasoft.

Stock Market News: KPIT Technologies Board Approves To Avail €20 Million From HSBC For UK Arm

KPIT Technologies's board approved availing unsecured loan of €20 million from HSBC for UK arm.

The board has also approved £20 million unsecured loan from SMBC for UK arm.

KPIT TECH Board Approves Availing Unsecured Loan Of €20 Mn From HSBC For UK Arm Board Approves Availing £20 Mn Unsecured Loan From SMBC For UK Arm Exchange FilingStock Market Today|Stock Market LIVE: Rategain Travel Expands Pact With Royal Orchid Hotels

Rategain Travel Technologies expanded a pact with Royal Orchid Hotels. The company will work on a single AI-powered platform to improve profitability, the company said in the exchange filing.

Stock Market LIVE: Rajesh Power Services Gets Order Worth Rs 24.57 Crore 

Rajesh Power Services Ltd. received order worth Rs 24.57 crore order from GETCO to supply and commission 220 kV Line on turnkey basis. GETCO stands for Gujarat Energy Transmission Corporation.

Stock Market LIVE: MCX Delays Trade Commencement Due To Technical Glitch

Multi Commodity Exchange of India delayed commencement of trading due to technical issue. The time of commence of trading will be informed to market participants, the website said.

Big Bank Reforms: Government Mulls Major Changes In PSU Bank Ownership Rules

The central government is currently mulling major reforms in bank ownership, opening up the space for foreign investors and a higher threshold for rights. Proposals have been circulated in the higher offices of the government, discussing a new foreign direct investment limit for public sector lenders and reviewing the voting rights cap for owners, two people with knowledge of the matter told NDTV Profit on the condition of anonymity.

Also Read: Big Bank Reforms: Government Mulls Major Changes In PSU Bank Ownership Rules

Stock Market LIVE: India VIX Slumps Nearly 10%

The NSE Nifty Volatility index fell 9.72% to 10.71. It recovered to trade 6.14% higher at 12.59 as of 10:32 a.m.

Stock Market LIVE: Mazagon Dock Share Price Rises For Second Session

Mazagon Dock Shipbuilders Ltd. share price rose 2.54% to Rs 2,881.80 apiece. The company reported that its consolidated net profit rose 28% to Rs 749.48 crore versus Rs 585.08 crore.

Mazagon Dock Shipbuilders Q2FY26 Results (Consolidated, YoY)

  • Revenue up 6.3% to Rs 2,929.24 crore versus Rs 2,756.83 crore

  • Net Profit up 28% to Rs 749.48 crore versus Rs 585.08 crore

  • Ebitda up 36% to Rs 694.66 crore versus Rs 510.65 crore

  • Margin at 23.7% versus 18.5%

Stock Market LIVE: Syrma SGS Share Price Rises Over 6%

Syrma SGC Technology Ltd. share price rose 6.08% to Rs 800.85 apiece.

Stock Market LIVE: Nifty Metal Rises To Fresh High As Hindalco Industries, Tata Steel Share Prices Support

The NSE Nifty Metal index rose 0.56% to a new high of 10,499.70. Hindalco Industries Ltd., Tata Steel Ltd., and Vedanta Ltd. shares were top contributor. The index was trading 0.71% higher at 10,540.55 as of 9:35 a.m.

Copper prices was trading near record highs of $11,000 per ton.

Stock Market LIVE: MCX Halts Trading Due To Technical Issue

The Multi Commodity Exchange of India Ltd. halted trading at its bourse due to a technical issue. The trading is likely to start from 9:30 a.m. on Disaster Recovery site.

Trading at MCX was halted on July 23, 2025, as well.

Also Read: MCX Technical Glitch: Trading Halted Again, Brokers Seek Meeting With Chairperson

Sectoral Performance At Open: Nifty PSU Bank Leads Gains

Nifty Contributors: Airtel, SBI, L&T Shares Support Gains

Markets At Open: Nifty, Sensex Recover After Negative Open

The NSE Nifty 50 and BSE Sensex recovered after a negative open. HDFC Bank Ltd. and ICICI Bank Ltd. shares were top dragger in the Nifty 50 index.

The Nifty 50 and Sensex were trading 0.04% and 0.02% higher, respectively as of 9:24 a.m.

Stock Market Today: RBI Returns Jana Small Finance Bank's Bid For Universal Bank License

The Reserve Bank of India has returned Jana Small Finance Bank Ltd.'s application for voluntary transition to a universal bank due to non-fulfilment of its criteria, the lender said on Tuesday.

The Bengaluru-headquartered lender had applied to transition from a small finance bank to a universal bank in June this year.

Also Read: RBI Returns Jana Small Finance Bank's Bid For Universal Bank License

Yield On 10-Year Bond Opens Flat

  • The yield on the 10-year bond opened flat at 6.54%

Source: Bloomberg

Rupee Opens Weaker Against US Dollar

  • Rupee opened 9 paise weaker at 88.33 against US Dollar

  • It closed at 88.24 a dollar on Monday 

  • It's the weakest open since Sept 23

Source: Bloomberg

Pre-Market View: Nifty Expected To Hold Bullish Momentum

"Technically, the week started on a positive note; after a gap-up open, the market maintained its positive momentum throughout the day. A bullish candle on the daily chart and a reversal formation on the intraday chart indicate further upside from current levels. For day traders, 25,900/84500 would act as an immediate support zone. As long as the market trades above this level, the bullish trend is likely to continue."
Shrikant Chouhan, Head, Equity Research, Kotak Securities
"From a technical perspective, the Nifty continued to hold firm above its crucial support zone of 25,700–25,750, maintaining a sideways-to-bullish bias. On the upside, immediate resistance is seen at 26,000–26,100, and a decisive move above 26,000 could accelerate the rally toward 26,100–26,200 in the near term. The trend remains positive as long as the index sustains above 25,750, suggesting that dips may continue to attract buying interest."
Amruta Shinde, Technical & Derivative Analyst, Choice Broking

Stock Market News: Mphasis Gets ISO/IEC Certificate For AI Management Systems

Mphasis Ltd. received ISO/IEC certificate from South Asian Certification Authority for AI management systems. The certificate indicates co's management system meets requirements of specified standards

Gold Prices Crash: Citi Projects Further Downside To $3,800 On US-China Trade Thaw, Profit Booking

The significant crash in international gold prices on Monday has prompted analysts at Citigroup to slash their downside target from $4,000 to $3,800 per ounce. The material support for bullion will likely be around the 100-day average of $3,600, analysts said in a note.

Gold dropped below $4,000, extending losses from the worst rout in over a decade as progress on a US-China trade deal sapped haven demand.

Also Read: Gold Price Crash: Further Fall Likely, Says Citi — Check Projection

Gold Price Dips Below The Rs 1,22,000 Mark

Gold prices have slipped Rs 11,600 down from its life time high. The gold prices in India today stand at Rs 121,360 on Tuesday.

Gold prices had declined by Rs 700 to Rs 1,25,900 per 10 grams in Delhi on Monday, tracking weak global trends as easing US-China trade tensions dented safe-haven demand.

Also Read: Gold Price Dips Below The Rs 1,22,000 Mark — Check Rates In Delhi, Mumbai And Other Cities

Asia Market LIVE: Japan's Nikkei 225 and South Korea's KOSPI Fall

Markets in Japan and South Korea retreated from record highs as market participants await more developments in US and China trade relation and US Federal Reserve's policy decision.

The Nikkei 225 and KOSPI were trading 0.33% and 0.99% down, respectively as of 7:43 a.m.

Also Read: Stock Rally Cools At Asian Open, Bonds Inch Higher: Markets Wrap

LIVE: GIFT Nifty Implies Muted Open; Indian Oil, Sona BLW, Mazagon Dock Share Prices In Focus

The GIFT Nifty was trading 0.03% or 7 points down at 26,055 as of 6:32 a.m. This hinted a possible muted open for the NSE Nifty 50 index.

Indian Oil, Sona BLW Precision Forgings, Vodafone Idea Ltd., Tamilnad Mercantile Bank Ltd., Kfin Technologies Ltd. share prices are expected to react in Tuesday's session because of the overnight news flow and second-quarter results.

The NSE Nifty 50 and BSE Sensex ended higher on Monday. The Nifty 50 settled 0.66% higher at 25,966.05, and the Sensex ended 0.67% higher at 84,778.84.

Also Read: Trade Setup For Oct 28: Nifty On Firm Footing Ahead Of Expiry; Support At 25,700

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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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