Stock Market Today: Nifty Snaps Eight-Day Winning Streak As Infosys, M&M Shares Weigh

Jio Financial Services Ltd. and Eternal Ltd. were top gainers in the NSE Nifty 50 index.

The NSE Nifty 50 and BSE Sensex were moving in a narrow range in the lackluster trade session. (Photo: Freepik)

The NSE Nifty 50 snapped an eight-day winning streak, and the BSE Sensex reversed a five-day gaining streak. The indices remained stuck in a narrow range most of the trade session. However, the indices fell in during the last leg of the trade.
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Closing Bell: Nifty Snapps Eight-Day Winning Streak

  • The NSE Nifty 50 has snapped an eight-day losing streak

  • Top Nifty Gainers Were Jio Financials & Eternal

  • Top Nifty Losers Asian Paints & Cipla

  • The BSE Sensex snapped a five-day gaining streak

  • The NSE Nifty Realty emerged as the top sectoral performer.

  • The NSE Nifty Pharma was the worst performing sectoral indices.

  • Smallcap250 Gains Led By Godawari Power & Anant Raj

  • Nifty Midcap150 Ends In Green

  • Nifty Midcap150 Gains Led By Vodaphone Idea & Sbicards

  • Sectors End On A Mixed Note

  • Nifty Realty Gains For 3rd Day In A Row

  • Nifty Oil & Gas Gain For 4th Day In A Row

  • Nifty Metal Gains For 7th Day In A Row

  • Nifty Bank & Financial Service Gains For 9th Day In A Row

  • Nifty Fmcg, Nifty Media Falls For 2nd Consecutive Day

  • Nifty Pharma Breaks 4 Day Gaining Streak

Rupee Closes Stronger Against US Dollar

  • Rupee closed 7 paise stronger at 88.21 against US Dollar

  • It settled at 88.28 a dollar on Friday

Source: Bloomberg

Stock Market LIVE: Blossom Trade To Further Acquire 65 Lakh Shares Of Lloyds Enterprises 

Blossom Trade to further acquire 65 lakh shares of Lloyds Enterprise via rights issue, the company said in the exchange filing.

Stock Market LIVE: Thangamayil Jewellery To Open Two Breanches In Chennai

Thangamayil Jewellery will open two branches in Chennai on Sept 21, the company said in the exchange filing.

Stock Market Today: Nifty Realty Outperforms 

The NSE Nifty Realty outperformed sectoral indices as Anant Raj Ltd. share price supported.

Stock Market LIVE: Tata Technologies Epxects Strong Second Half

Tata Technologies is expecting a strong second half. The company sees that clients are starting to prepare for decision,Warren Harris, CEO and managing director said.

Tata Technologies was expecting things to improve but tariff has impacted performance, he said.

Also Read: Tata Tech Confident For Q2 On Account Of Deals Closed, Says CEO

Stock Market LIVE: Anant Raj Share Price Surges The Most In Over A Year

Shares of Anant Raj Ltd. rose as much as 12.8%, the most since August 2024, to Rs 601.70 apiece.

The surge in stock came after the government has proposed a tax exemption of up to 20 years for data centre developers that meet specific criteria, including capacity expansion, efficient power usage and job creation targets, according to a report by Business Standard.

Also Read: 'Buy' Anant Raj Shares Maintains Motilal Oswal Post Q1 Results But Cuts Target Price — Here's Why

Sunil Bharti Mittal Joins Board Of British Telecom Giant BT Group

UK telecom giant BT Group plc on Monday appointed Indian billionaire Sunil Bharti Mittal and a Bharti Airtel Ltd. executive on its board.

Mittal and Gopal Vittal, vice chairman and managing director of Bharti Airtel, will join the board of BT Group as non-independent non-executive directors, the company said in a statement.

Also Read: Sunil Bharti Mittal Joins Board Of British Telecom Giant BT Group

August WPI Data: Wholesale Inflation Moves Back To Expansion

India's wholesale price inflation moved back to expansion after deflating the past two months, according to data released by the Ministry of Commerce and Industry on Monday.

Wholesale inflation rose to a four-month high of 0.52% in August. It had eased to a two-year low of -0.58% in July.

Also Read: August WPI Data: Wholesale Inflation Moves Back To Expansion

Asia’s Stock Benchmark Heads For A Record Close As Rally Extends

Asia’s equity benchmark headed for a record close, extending a rally fueled by easing uncertainties around US tariffs, a strong rebound in Chinese shares and optimism that the Federal Reserve may cut rates as early as this week.

The MSCI Asia Pacific Index rose as much as 0.2% to 220.71, with technology shares like Alibaba Group Holding Ltd. and Samsung Electronics Co. being the top contributors to gains

Also Read: Asia’s Stock Benchmark Heads For A Record Close As Rally Extends

Stock Market LIVE: Sterling Tools's Arm Teams Up With China-Based Company To Foray Into EV Charger Manufacturing. 

Sterling Tools's arm Sterling Gtake forayed into electric vehicle on-board charger and DC converters. The arm has partnered with China-based Landworld for local manufacturing of electric vheicle charger.

Vijay Kedia-Backed TechD Cybersecurity IPO Day 1: Check GMP, Subscription Status And More

The initial public offering (IPO) of TechDefence Labs IPO was subscribed 5.16 times on the first day of bidding as of 12:34 p.m. on September 15. The SME IPO received bids for 69,32,400 shares against 13,44,000 shares on offer, as per NSE data.

Qualified Institutional Buyers (QIBs) subscribed their category 0.02 times and Non-Institutional Investors booked the issue 5.53 times. The retail quota was booked 7.94 times.

Also Read: Vijay Kedia-Backed TechD Cybersecurity IPO Day 1: Check GMP, Subscription Status And More

Stock Market LIVE: Vodafone Idea Share Price Jumps Over 6% On High Volume 

Vodafone Idea Ltd. share price jumped over 6%. The stock has the highest trading volume as of 12:07 p.m. Total traded volume so far in the day stood at 0.67 times its 30-day average.

Vodafone Idea's case on fresh AGR dues of Rs. 9,450 Crore to be heard on Sept 19th.

Also Read: Vodafone Idea Share Price Hits Four-Month High On High Volume Ahead AGR Case Hearing

Volume Buzzers: Vodafone Idea, Yes Bank, Suzlon Energy Shares Trading At High Volume 

  • As of 12:02 p.m., Vodafone Idea Ltd.'s trading volume was at 97 crore shares

  • Yes Bank Ltd.'s recorded trading volume was at 4.52 crore shares.

  • Suzlon Energy's trading volume was at 2.8 crore shares

Stock Market LIVE Update: HSBC Hikes Share Price Target For Maruti Suzuki, Hyundai, M&M, TVS Motor

Maruti Suzuki India Ltd., Hyundai Motor India Ltd., and TVS Motor Co. are the preferred auto sector picks for global multinational investment firm HSBC.

Analysts have factored in 200-300 basis points higher CAGR over the next four to five years across the auto segments due to demand boost after the GST-driven price cuts.

Also Read: GST Cuts Boost Auto Companies: HSBC Hikes Share Price Target For Maruti Suzuki, Hyundai, M&M, TVS Motor

Nifty 50| Sensex| Stock Market Today: HAL, Cochin Shipyard, Solar Industries Support Gains In Nifty Defence

Hindustan Aeronautics Ltd., Cochin Shipyard Ltd., and Solar Industries Ltd. share prices supporte dgains in the NSE Nifty India Defence index. The index is the top sectoral performer.

Meanwhile, Garden Reach Shipbuilders Bharat Electronics Ltd., and Mtar Technologies Ltd. share prices limited gains in the NSE Nifty 50 index.

Nifty 50|Sensex| Stock Market Today: Welspun Corp, Vedanta & Hindustan Zin Share Prices Rise 

Welspun Corp, Vedanta, Hindustan Zinc, Ratnamani Tubes and Minerals were top gainers in the NSE Nifty Metal index.

Nifty 50|Sensex| Stock Market LIVE: Bajaj Finance Share Price Rise 

Bajaj Finance Ltd. share price rose 2.24% to Rs 1,025.70 apiece. The stock price has been rallying for 13 sessions in a row. On Friday, the stock surged to record high of Rs 1,004.6 apiece.

IndiGo Will Begin Six Weekly Direct Flights To Athens By Early January 2026

InterGlobe Aviation Ltd. is set to become the first Indian airline to provide flight services between Greece and India, CEO Pieter Elbers said. The aviation company will begin six weekly direct flights to Greece.

InterGlobe Aviation has chosen Athens as the inaugural location to start the service. The company will look to connect to more points in Greece, strengthening the connectivity between the two countries.

Also Read: IndiGo Will Begin Six Weekly Direct Flights To Athens By Early January 2026

Nifty 50|Sensex| Stock Market Today: Cochin Shipyard Share Price Rises 

Cochin Shipyard share price rose 4.71% to Rs 1,828.00 apiece. The stock price rose trackin gains in overall shipbuilding stocks.

Stock Market LIVE: BEL Share Price Off Lows 

Bharat Electronics Ltd. share price fell 0.61% to Rs 396.85 apiece. It erased losses to trade 0.06% down at Rs 5,724 apiece as of 10:50 a.m.

US's Focus On India's Russian Oil Purchases Shifts, Says Geoffrey Dennis

US President Donald Trump is focusing on large countries or large block of countries such as NATO who are importing oil from Russia. The focus on India is spreading wider to make sure that purchases of Russian oil come to a halt. 

India has been underperforming all year despite tariff threats. Foreign investors are shifting their money to profitable markets like Taiwan and South Korea. The outlook for technology stocks is brighter in Taiwan. Similarly, Souht Korea has done good corporate sector reform. 

Stock Market LIVE: KRBL Share Price Slumps Over 12%

KRBL share price slumped over 12% to Rs 387.10 apiece. It pared some losses to trade 8.83% down at Rs 404.4 apiece as of 10:11 a.m.

Stock Market LIVE: Garden Reach Shipbuilders Share Price Falls

Garden Reach Shipbuilders share price fell 2.66% to Rs 2,513.00 apiece. It was trading 2.43% down at Rs 2,519.20 apiece as of 10:06 a.m.

Stock Market LIVE: Railtel Corp Share Price Jumps Over 8%

Railtel Corp share price jumped over 8% to the highest level since July 22.

Nifty 50|Sensex| Stock Market Today: L&T Gets Construction Order In Range Of Rs 2,500–5,000 Crore 

Larsen & Toubro Ltd. received construction order in the range of Rs 2,500–5,000 crore from National High Speed Rail. It has received large construction order for Mumbai-Ahmedabad high speed rail corridor.

Stock Market LIVE: Insolation Energy's Arm To Set Up Solar Power Plants In Jaipur 

Insolation Energy's arm set up 226.45-megawatt solar power plants in Jaipur at an investment of Rs 750 crore. It expects Rs 98.5 crore revenue per year from four power plants in Jaipur.

Stock Market Today: JBM Auto Share Price Rises To Three-Month High

JBM Auto Ltd. share price rose 4.07% to Rs 742 apiece, the highest level since Jun 9. It was trading 3.72% higher at Rs 739 apiece as of 9:43 a.m.

Stock Market LIVE: Vedanta Share Price Rises As Prospects For Demerge Of Power Business Brightens

Vedanta share price rose as much as 2.22% to Rs 460.90 apiece. The company’s arm Talwandi Sabo Power has signed a settlement agreement with SEPCO Electric Power Construction Corp to resolve all long-standing disputes related to the EPC contracts for its 3x660 MW Thermal Power Project.

This is positive for the stock as NCLT hearings for Vedanta's demerger were delayed because the SEPCO dispute needed to be resolved.

IPO News: Euro Pratik Sales Chairman Speaks On Company's Decorative Wall Panel Business

Pratik Gunvantraj Singhvi,chairman and managing director of Euro Pratik Sales Ltd. speaks to NDTV Profit about the company's decorative wall panel business and its journey so far.

Oil Prices Extend Gains As Traders Assess US's Stance On Russian Oil Purchases 

Oil prices continued to gain for second session as traders assessed the US's stance on Russian oil purchases. The country asked European nations to put heavy sanctions on countries like China and India for Russian oil purchases. The US also said that it will consider hefty sanction on OPEC+ supply.

The brent crude was trading 0.55% higher at $67.36 a barrel as of 9:29 a.m.

Also Read: Oil Advances As Ukraine Steps Up Attacks On Russian Supplies

Sectoral Performance At Open: Nifty Defence Outperforms

On National Stock Exchange, 12 sectoral indices advanced, two declined, and one remained flat out of 15.

Nifty Contributors: ICICI Bank, HDFC Bank, Eternal Support Gains 

ICICI Bank, HDFC Bank, Eternal, Reliance Industries, and Kotak Mahindra added to the NSE Nifty 50 index.

Infosys Ltd., Tata Consultancy Services, Sun Pharmaceutical Industries, Dr. Reddy's Laboratories Ltd., and Shriram Finance Ltd. weighed on the Nifty 50 index.

Nifty Sensex Today| Stock Market Today: Nifty, Sensex Open Flat 

The NSE Nifty 50 and BSE Sensex opened flat with positive bias. The indices were trading 0.11% and 0.03% higher, respectively as of 9:20 a.m.

Stock Market LIVE: SEAMEC Princess Starts Second Season Of Daman Upside

SEAMEC Princess started a second season of pipeline replacement project. The vessel has started a second season of daman upside development project, the company said in the exchange filing.

Stock Market Today: Buy United Spirits, Radico Khaitan And Allied Blenders, Says Jefferies On Initiating Coverage

Jefferies initiated coverage in the alcoholic beverage space of India. The brokerage has given a 'Buy' rating to United Spirits Ltd., Radico Khatian Ltd., and Allied Blenders & Distillers Ltd. upon coverage initiation. The brokerage notes that "the spirits category offers premiumisation-led strong growth potential, with double-digit top-line compound annual growth rates across companies and meaningful room to expand margins."

Also Read: Buy United Spirits, Radico Khaitan And Allied Blenders, Says Jefferies On Initiating Coverage

LIVE: Yield On 10-Year Bond Opens Flat

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

Source: Bloomberg

LIVE: Rupee Opens Flat Against US Dollar

  • Rupee opened flat at 88.28 against US Dollar

Source: Bloomberg

Stocks To Watch Today: Apollo Hospital, ICICI Bank, Religare Enterprises, Engineers India And More

Apollo Hospital Enterprises Ltd., ICICI Bank Ltd., Religare Enterprises Ltd., Engineers India Ltd. and Ceigall Ltd. are some of the stocks that are going to catch investor's attention on Monday.

Also Read: Stocks To Watch Today: Apollo Hospital, ICICI Bank, Religare Enterprises, Engineers India And More

Pre-Market View: Nifty May Rise Further; Traders May Remain Cautious

"With volumes building steadily, investors are optimistic that long positions could drive the index higher toward 25,200–25,400 in the near term, with 25,000 now seen as a critical support and 24,900 as the next safety net if tested."
Ponmudi R, CEO of Enrich Money
"Domestic equities may see a cautious opening with a negative bias ahead of this week's US Fed interest rate decision, although a rate cut is widely expected. However, investors are trading cautiously on worries that a more decisive decision on tariffs by the Trump administration in the near term could spark major correction in various financial assets, including equity markets. Technically, Nifty has a biggest support at its 100-DMA at 24851 mark, while the benchmark index could gain strength only above the 25,670 level."
Prashanth Tapse, senior vice president, research, Mehta Equities

Stock Market LIVE: Vikram Solar Gets Rs 273 Crore Order 

Vikram Solar received order worth Rs 273 crore for 200 megawatt solar modules from AB Energia.

Dividend Record Date, Bonus Issue, Stock Split This Week: BEML, Godfrey Phillips, National Fertilizer And More

The week of Sept. 15, is filled with corporate actions, including dividends, a bonus issue, and a stock split. Investors should be aware of these dates to ensure they meet the eligibility requirements for these benefits.

Also Read: Dividend Record Date, Bonus Issue, Stock Split This Week: BEML, Godfrey Phillips, National Fertilizer And More

IPO News: iValue Infosolutions India Sets Price Band At Rs 284–299/Share

IValue Infosolutions India set the price band at Rs 284–299 per share. The IPO will likely open on Sept 18 and close on Sept 22.

Also Read: iValue Infosolutions IPO: Price Band Set For Rs 560-Crore OFS Opening Sept. 18

Eicher Motors Share Price Target: Goldman Sachs Gives Second-Most Bullish Target As Yet — Here's Why

Eicher Motors share price target gets a boost from Goldman Sachs over the automobile manufacturer's quarter-to-date performance. The brokerage has raised the target price to Rs 7,300 apiece from Rs 6,600 apiece. The current target price implied an upside of 6.2% from Friday's closing price.

Also Read: Eicher Motors Share Price Target: Goldman Sachs Gives Second-Most Bullish Target As Yet — Here's Why

⁠Urban Company IPO Allotment In Spotlight Today; Check Status, GMP And Listing Date

The IPO allotment status for the Urban Company is expected to be finalised on September 15.

The initial public offering of Urban Company Ltd. saw strong demand across investor categories on the last day of subscription on Friday. The mainboard IPO was overall booked 103.63 times on the final day of subscription. The issue received bids for 11,06,44,73,965 shares against 10,67,73,244 shares on offer.

Also Read: ⁠Urban Company IPO Allotment To Be OUT Soon; Check Status, GMP And Listing Date

Gold Rate Today: Precious Metal's Price Rises By Rs 20 To Nearly Rs 1,10,000

Gold prices edged close to the Rs 1,10,000 mark with prices at Rs 1,09,820 on Monday. The prices were at Rs 1,09,800 per 10 gm on Saturday, according to the India Bullion Association. The prices recently crossed the Rs 1,09,000 mark and since then, the yellow metal surged to over Rs 1,09,400 to hit the previous record.

Also Read: Gold Rate Today: Precious Metal's Price Rises By Rs 20 To Nearly Rs 1,10,000 — Check Rates In Your City

Asia Market LIVE: Mixed; Hang Seng And S&P ASX 200 Indices Fall

Asia markets were trading on a mixed note on Monday as most market participants remained on the sidelines awaiting interest rate decisions from several central banks around the globe this week.

Markets in South Korea, and Mainland China rose, while decline in Hong Kong and Austtalia.

KOSPI and CSI 300 were trading 0.11% and 0.37% higher, respectively as of 7:19 a.m. The S&P ASX 200 was trading 0.21% down.

Also Read: Stocks Join Bonds Higher At Start Of Big Fed Week: Markets Wrap

LIVE: GIFT Nifty Hints At Muted Open; ICICI Bank, Vedanta, Waaree Energies Shares In Focus

The GIFT Nifty traded little changed at 25,163.50 as of 7:05 a.m., which indicated the benchmark index may open lower.

Traders will keep an eye on Apollo Hospitals Enterprise Ltd., DCX Systems Ltd., ICICI Bank Ltd., Waaree Energies Ltd., and Vedanta Ltd. shares in focus.

The Nifty ended in the green for the eighth consecutive session on Friday, marking its longest winning streak in over a year. On a weekly basis, both the Nifty and the Sensex posted a second week of rally.

The NSE Nifty 50 settled 108.5 points or 0.43% higher at 25,114 and the BSE Sensex closed 355.97 points or 0.44% up at 81,904.7.

Also Read: Stock Market Highlights: Nifty Posts Best Streak In A Year; Sensex Ends On High Note

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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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