Stock Market Today: Nifty, Sensex Log Gains For Third Week In Pre-Diwali Rally; RIL, ICICI Bank Jump

After IT industry heavyweights like Wipro, Infosys posted their second quarter results most of the IT players were trading in the red.

(Photo credit: Freepik)

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Stock Market Live: Markets This Week

Benchmarks outperformed Broader Market Indices

Benchmarks gain for the 3 consecutive week; Nestle and Asian Paints are the top gainers

Nestle India and Asian Paints gain over 7% for the week

Nifty Midcap 150 gains for the 3rd consecutive week; Persistent and Godrej Properties gain the most.

Nifty smallcap 250 snaps 2-week gaining streak; Credit Access Grameen and Sterling and Wilson renewable fell the most

Nifty Gains over 1.4% for the week; best gaining sector for the week

Nestle India and Varun Beverages gain the most in Nifty FMCG

All sectors indices end on a mixed note

Nifty PSU bank and Nifty IT snaps 2-week gaining streak

Nifty Oil and Gas, Realty, Pharma, Financials and Nifty Bank gain for the 3rd consecutive week

Nifty Metal fall for the second consecutive week

Stock Market News Live: Markets At Close

Benchmarks gains for the 3rd consecutive day; close above 25,700 mark

Benchmarks outperformed broader Market Indices

Asian Paints and Mahindra& Mahindra are the top gainers in Nifty

Nifty Midcap 150 close in Red; JSW infra and Yes Bank fell the most

Nifty smallcap 250 close in red; CreditAccess Grameen and Sterling and Wilson fell the most

Creditaccess Grameen fell over 7% for the day.

Nifty FMCG is the top gaining sector for the day; Radico Khaitan and Tata Consumer Products are the top gainers in Nifty FMCG

Nifty IT is the top losing sector for the day; Wipro and Mphasis are the top losers in Nifty IT

Nifty Bank hit an all time high; IndusInd Bank and ICICI Bank are the top gainers

Nifty Oil and Gas, Auto and Pharma and Financials gain for the 3rd day in a row.

Nifty FMCG gain for the for the 3rd day in a row.

Stock Market News Live: Nifty, Sensex Set For Third Week Of Gains

The Nifty and Sensex are set for their third straight week of gains.

Q2 Results Live: JSW Steel Share Price Down

JSW Steel share price fell nearly 2% after Q2 results.

Q2 Results Live: JSW Steel Profit Falls

JSW Steel Q2 Highlights (Consolidated, QoQ)

  • Revenue up 4.6% at Rs 45,152 crore versus Rs 43,147 crore (Estimate: Rs 44,170 crore)

  • Ebitda down 6% at Rs 7,115 crore versus Rs 7,576 crore (Estimate: Rs 6,937 crore)

  • Margin at 15.8% versus 17.6% (Estimate: 15.7%)

  • Profit down Rs 1,623 crore versus Rs 2,184 crore (Estimate: Rs 1,726 crore)

Q2 Results Live: Hind Zinc Revenue Rises 10%

Hind Zinc Q2 Highlights (Consolidated, QoQ)

Revenue up 10% at Rs 8,549 crore versus Rs 7,771 crore

Ebitda up 15.2% at Rs 4,445 crore versus Rs 3,859 crore

Margin at 52% versus 49.7%

Net Profit up 18.6% at Rs 2,649 crore versus Rs 2,234 crore.

Q2 Results Live: Central Bank Net Profit Rises 32.9%

Central Bank Q2 Highlights (YoY)

Net Profit up 32.9% at Rs 1,213 crore versus Rs 913 crore.

Net Interest Income (NII) down 3.7% at Rs 3,283 crore versus Rs 3,410 crore.

Operating Profit down 17.5% at Rs 1,786 crore versus Rs 2,165 crore.

Provisions down 47.5% at Rs 314 crore versus Rs 598 crore.

Stock Market Live: UCO Bank NII Jumps

UCO Bank Q2FY26 Highlights (Standalone, YoY)

  • Net Profit up 2.8% at Rs 620 crore versus Rs 603 crore

  • Gross NPA at 2.56% Vs 2.63% (QoQ)

  • Net NPA at 0.43% Vs 0.45% (QoQ)

  • NII up 10% at Rs 2,533 crore versus Rs 2,300 crore

  • Operating Profit up 12.7% at Rs 1,613 crore versus Rs 1,432 crore

  • Provisions up 19.3% at Rs 588 crore versus Rs 493 crore

  • Provisions down 4.5% at Rs 588 crore versus Rs 616 crore (QoQ)

Stock Market Live: Ujjivan SFB Profit Drops

Ujjivan SFB Q2FY26 Highlights (Standalone, YoY)

  • Net Profit down 47.8% at Rs 122 crore versus Rs 233 crore

  • Net interest income down 2% at Rs 922 crore versus Rs 944 crore

  • Gross NPA at 2.45% Vs 2.52% (QoQ)

  • Net NPA at 0.67% Vs 0.7% (QoQ)

  • Operating Profit down 14.2% at Rs 395 crore versus Rs 461 crore

  • Provisions up 56% at Rs 235 crore versus Rs 151 crore

  • Provisions up 4.5% at Rs 235 crore versus Rs 225 crore(QoQ)

Stock Market Live: HAL’s Tejas Mk1A Soars On Maiden Flight

The Tejas Mark 1A, an indigenously built fighter aircraft, took its maiden flight from the Hindustan Aeronautics Limited plant in Nashik. The defense minister, Rajnath Singh inaugurated the second production line of the Hindustan Turbo Trainer and the third production line of the Tejas Mark 1A.

Post the inauguration Singh said, "Landing is more important than take off," implying that it’s imperative to finish something that's once started. He further added that, the dream of Viksit Bharat 2047 is possible if we move forward with this mindset.

Read the full story below:

Also Read: HAL’s Tejas Mk1A Soars On Maiden Flight; Defence Minister Inaugurates New Production Lines

Stock Market Live: Major Banks To Post Earnings This Saturday; Here's What Vishwanath's Watching For 

This weekend at least seven banks are set to announce their July-September quarter results.

This would include heavy-weights like HDFC Bank, ICICI Bank and Punjab National Bank, but also mid-sized private banks including Federal Bank, IndusInd Bank, Yes Bank and RBL Bank.

Read the full preview below:

Also Read: Seven Banks Including HDFC Bank, ICICI Bank To Declare Earnings This Saturday — What To Watch Out For

Stock Market Live: Dalmia Bharat Shares Rise

Dalmia Bharat Q2 Highlights

Revenue up 10.7% at Rs 3,417 crore versus Rs 3,087 crore.

Ebitda up 60.4% at Rs 696 crore versus Rs 434 crore.

Margin at 20.4% versus 14%.

Net Profit up 413% at Rs 236 crore versus Rs 46 crore

Stock Market Live: RIL Share Price Ahead Of Q2 Results

Reliance Industries Ltd. share price traded higher on Friday ahead of the second quarter financial results.

The scrip jumped 1.8% intraday to Rs 1,423.3 apiece. The benchmark Nifty 50 was up 0.7%. The total traded turnover was Rs 1,332 crore on the NSE.

Also Read: RIL Share Price Trades Higher Ahead Of Q2 Results — What To Expect

Stock Market Live: Varun Beverages In Focus

Cocoa-cola to conisder $ 1 billion IPO of bottling unit, according to Bloomberg.

Also Read: Coca-Cola Said To Mull $1 Billion IPO Of Indian Bottling Unit

Stock Market Live: Acutaas Chemicals Shares Rise After Q2 Results

Acutaas Chemicals Q2 Highlights

Revenue up 24% at Rs 306 crore versus Rs 247 crore.

Ebitda up 94.9% at Rs 95.3 crore versus Rs 48.9 crore.

Margin at 31.1% versus 19.8%.

Net Profit up 93.5% at Rs 72.2 crore versus Rs 37.3 crore.

Stock Market News Live: Nifty Finance Surges To Record High

Stock Market News Live: Expert Outlook On Nifty

After more than a year of consolidation, the breakout signals that market bulls are back in command and potentially setting the stage for a strong performance in the near term, according to Rajesh Bhosale, equity technical analyst at Mumbai-based broking firm Angel One.

With this breakout, the Nifty now appears poised to retest the calendar year high around 25,700, followed by the 26,000 mark, and eventually the all-time high near 26,300, he said.

Stock Market News Live: Sensex Crosses Four Month High

Stock Market News Live: Reasons Driving D-Street Higher

India's benchmark Nifty 50 hit a one-year high during early trade on Friday, driven by a surge in financial stocks. Telecom, auto and oil and gas sectors contributed the most to gains in the 12-month period.

The Nifty Defence and Nifty Finance are the top sectoral gainers. The Nifty Defence has surged 24% since Oct. 17, 2024.

On the other hand, Nifty IT has fallen 18% to be among the top sectoral losers in the last year. The Nifty Media has shed the most by nearly 25%.

Also Read: Nifty Hits One-Year High On Diwali Eve — Reasons Driving D-Street Higher

Stock Market News Live: Why Nifty Bank Rose To Its Life-High

The Nifty Bank index has demonstrated remarkable strength, having jumped by nearly 10,000 points from its lows on March 11, reflecting a 20.55% recovery since March 2025. This significant rally has propelled the Nifty Bank to a record high, fueled by several key factors.

Foreign institutional investor interest is notably increasing for private sector banks. Furthermore, the index is rallying strongly ahead of anticipated earnings reports from major institutions like HDFC Bank and ICICI Bank. Brokerages are also turning increasingly bullish on Kotak Bank.

The overall positive sentiment is reinforced by the fact that Net Interest Margins (NIMs) for banks appear to be bottoming out, and the medium-term technical setup remains robust, particularly for the State Bank of India (SBI) and other Public Sector Undertaking banks.

Institutional interest in private banks is also high as their provisions are being cleared, contributing further to the upward momentum.

Stock Market News Live: What's Cheering The Market On

The Nifty index is currently trading at a one-year high due to a blend of positive market factors.

A key driver is the expected upgrade in corporate earnings, with the street anticipating that the benefits of recent monetary policy actions, such as rate cuts, will translate directly into improved company profitability.

Despite the rise, valuations remain reasonable compared to other major emerging markets, making Indian equities an attractive destination for global investors.

Further, a Foreign Institutional Investor short-covering rally is expected, where FIIs who had built up short positions in the derivatives segment are now being forced to cover them, fueling further upward momentum.

Finally, private banking stocks are making significant contributions to these gains, indicating strong financial sector health which heavily weights the overall index performance.

Stock Market News Live: Nifty Bank At Record High

Stock Market News Live: Nifty In The Last One Year

Best Nifty Stocks in last one year were Bajaj Finance, Eicher Motors, BEL, Maruti Suzuki and IndiGo.

Telecom, auto and Oil & Gas contribute the most to gains

Nifty Defence, Nifty Finance top sectoral gainers in last 1 year

Nifty Defence gains 24% since Oct 17, 2024

Nifty IT falls 18%, among the top sectoral losers in last 1 year

Nifty Media losses the most in last 1 years, declines nearly 25%

Telecom, auto and Oil & Gas contribute the most to gains

Nifty Defence, Nifty Finance top sectoral gainers in last 1 year

Nifty Defence gains 24% since Oct 17, 2024

Nifty IT falls 18%, among the top sectoral losers in last 1 year

Nifty Media losses the most in last 1 years, declines nearly 25%

Stock Market News Live: Nifty At One-Year High

The Nifty 50 was trading at its one-year high with names like Asian Paints, M&M, Bharat Electronics, Titan and HUL leading gains.

Stock Market News Live: IRCTC Share Price In Focus 

The shares of IRCTC trade in green after the price of Rail Neer is set to reduced by one. Further, Maquarie has also hinted at a potiential re-rating of the scrip.

The counter is trading at Rs 719 apiece on the NSE and this compares to a 0.36% advance in the Nifty 50 as of 10:19 a.m.

Stock Market News Live: Canara HSBC Life Share Price

Canara HSBC Life sees a flat listing on both the exchanges. It listed flat at Rs 106 on the NSE. While the scrip listed at Rs 106 on the BSE.

Stock Market News Live: Infosys Share Price

The shares of Infosys was also trading in the red after the company posted its second quarter results. The scrip was trading nearluy 2% lower at Rs 1,444.5 apiece on the NSE oof 10:01 a.m.

Stock Market News Live: Prestige Estates Outlook

Prestige Estates is currently focused on developing various products within the Mumbai market the managemnet said in a conversation with NDTV Profit. They are in the process of finalising new projects in key areas such as Thane and Navi Mumbai.

The company is heavily involved in luxury projects across the city. Looking ahead, the company anticipates a good third quarter, driven by a strong launch pipeline in the Bangalore and Hyderabad markets.

Prestige Estates expects that Q3 will bring a large supply pipeline to these two markets and believes it will very easily surpass its pre-sales guidance of Rs 25,000 crore.

Stock Market News Live: Rahul Jain's Top Pick In IT

Dolat Capital's Rahul Jain, speaking to NDTV Profit said that it is interesting to watch out how data centre turns out for TCS.

Speaking about stock picks in the sector, Jain picks the sole scrip in green for the day as well.

"LTIM is the clear choice and top pick. It is focusing on double digit growth," he said.

Stock Market News Live: Wipro Share Price Slips

The shares of Wipro fell the most among IT stocks after posting second quarter results. The shares fell to Rs 243 apiece, declining 4.11%.

This slip compares to a 0.04% advance in the Nifty 50 as of 9:30 a.m.

Stock Market News Live: IT Stocks Slip Most

After IT industry heavyweights like Wipro, Infosys posted their second quarter results most of the IT players were trading in the red.

Also Read: IT Stocks Decline: Infosys, Wipro Shares Fall After Q2 Results, LTIMindtree Bucks Trend

Stock Market News Live: Nifty, Sensex At Open

The Nifty 50 had opened lower at there was a major drag from the IT players following the second quarter results of the industry bell-weathers.

Rupee Opens Stronger Against US Dollar

Rupee opened 5 paise stronger at 87.77 against the US dollar.

It closed at 87.82 a dollar on Thursday.

Source: Bloomberg

Stock Market News Live: Nifty, Sensex At Pre-Open

The Nifty was above the 25,500 level at pre-open on Friday. The Sensex was above the 83,400 mark as well during the pre-open session.

Stock Market News Live: Commodities Check

Oil prices headed for a third weekly decline as investors focused on oversupply and the fallout from renewed US-China trade tensions. Brent was near $61 a barrel as Trump said he would hold a second meeting with Putin.

Gold ($4,391.69) and silver ($53.76) touched all-time highs as fears about credit quality in the US economy and heightened US-China frictions strengthened demand.

Stock Market News Live: Asia Market Update 

Asian shares slipped after risk sentiment dimmed on Wall Street as bad loans at two US banks heightened concerns about the credit market, Bloomberg reported. MSCI’s regional stock gauge dropped 0.2% with financials the biggest drag. The yen was stronger against the dollar in early Friday trading, extending its run of three consecutive sessions of gains.

  • Nikkei down 0.3%

  • Kospi up 1%

  • S&P/ASX 200 down 0.5%

  • Hang Seng down 0.3%

Stock Market News Live: Wall Street Recap

US equities fell on Thursday as concerns over the quality of loans at regional American banks, the growth prospects of insurers and US-China tensions continued to weigh on investor sentiment.

The S&P 500 closed 0.6% down, the tech-heavy Nasdaq 100 dropped 0.4%. The Dow Jones Industrial Average slipped 0.6%

Stock Market News Live: Markets On The Home Turf

The Nifty ended in the green for the second consecutive session on Thursday. The Sensex rose 862.23 points, or 1.04%, to 83,467.66, while the Nifty rose 261.75 points, or 1.03%, to 25,585.30.

The foreign portfolio investors on Thursday turned net buyers of Indian shares, see-sawing between purchasing and selling in the last five sessions. The FPIs bought stocks worth approximately Rs 997 crore, according to provisional data from the National Stock Exchange. The DIIs that have stayed net buyers for over a month bought stake worth Rs 4,076 crore.

Stock Market News Live: Gold Price Extends Record Run

Gold prices in India today were trading at levels above the Rs 1,30,200 mark, amid the festive season. The gold price today rallied to a fresh high of Rs 1,30,230 according to the India Bullion Co.

Gold prices scaled a new peak for the fifth consecutive session in the international market on Friday. Heightened US-China trade frictions and bets that the Federal Reserve will cut interest rates through the end of the year have supported demand.

Stock Market News Live: GIFT Nifty Signals Negative Start

Good morning! Welcome to NDTV Profit's live coverage of the Indian equity markets. Here we bring you real-time updates, sharp analyst insights, top stock picks, and all the market-moving news you need. Stay tuned and stay ahead of the curve.

The GIFT Nifty was trading lower near 25,600 early Friday. The futures contract based on the benchmark Nifty 50 fell 0.13% at 25,610.5 as of 6:46 a.m. indicating a negative start for the Indian markets.

The Nifty ended in the green for the second consecutive session on Thursday. The Sensex rose 862.23 points, or 1.04%, to 83,467.66, while the Nifty rose 261.75 points, or 1.03%, to 25,585.30.

Also Read: Stock Market Today: All You Need To Know Going Into Trade On Oct. 17

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WRITTEN BY
Ann Jacob
Ann Jacob tracks markets with a special focus on personal finance. She clos... more
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