KEY HIGHLIGHTS
It's a wrap NDTV Profit's on live market coverage on Tuesday. Thank you for joining us today!
Closing Bell: Nifty, Sensex Close Mixed
Nifty Ends In Red,Close below 25,200 Mark
Nifty Loses For Third Consecutive Day
Top Nifty Losers Tech Mahindra & Trent
Mallcap 250 Ends In Red, Drag Led By Sammaan Cap & Vedant Fashion
Nifty Midcap150 Ends In Red, Drag Led By Bayer Crop & Mphasis
Sectors End On A Mixed Note
Nifty Psu Emerges Top Sectorial Gainer, Gains Led By Canara Bank & Sbi
Nifty Fmcg Is The Top Sectorial Loser, Drag By Godrej Consumer Product & Radico Khaita
Nifty Metal Gains For The 4rd Day In A Row.
Nifty Bank, Auto Snaps 2 Day Losing Streak
Rupee Settle At New Closing Low Against US Dollar
Rupee ended 44 paise lower at 88.76 against US Dollar
Intraday, the local currency fell 48 paise to fresh low of 88.80 a dollar
It settled at 88.32 on Monday
Source: Bloomberg
Stock Market LIVE: Prism Johnson Becomes Preferred Bidder For Mining Lease
Prism Johnson has become preferred bidder for mining lease for Limestone Block in Satna, Madhya Pradesh, the company said in the exchange filing.
Watch India Market Close At NDTV Profit
Stock Market Today: Indian Hotels To Invest Rs 100 Crore In ELEL Hotels
Indian Hotels will invest Rs 100 crore in arm ELEL Hotels via right issue, the company said in the exchange filing.
Stock Market LIVE: 'India May Fetch Best Tariff Deal With US Despite...': Prime Securities' N Jayakumar
India may end up with one of the best trade deals with the India, though the present situation does not support the view, said Prime Securities Managing Director and Group CEO N Jayakumar.
"I do believe, when the dust settles, India will emerge with a reasonably good tariff deal with the US," he said.
India has signed multiple bilateral free trade agreements with a bunch of trade partner countries, which is a positive as far as international trade is concerned, he said.
Stock Market LIVE: Marksans Pharma's UK-Based Arm Gets Marketing Authorisation
Marksans Pharma's UK-based arm received marketing authorisation for Moxonidine 200 and 400 miligram tablets, the company said in the exchange filing.
Stock Market Today: HEG Approves Granting Unsecured Loans Worth Rs 210 Crore
HEG Ltd. approved granting unsecured loans worth Rs 210 crore to Bhilwara Energy, the company said in the exchange filing.
Stock Market LIVE: Bajaj Finance Jumps 45% In 2025 — But Is The Best Already Over?
Bajaj Finance has been the standout on the Nifty this year, delivering a 45% gain so far in 2025. The rally has left the broader Nifty Financial Services Index far behind, with that gauge up just 13% over the same period.
The stock has also rewarded investors in the short term. It added 12% over the past month and climbed 11% in six months, against the sector’s rise of 1% and 8%. Longer-term shareholders have seen even greater wealth creation.
Stock Market LIVE: Abans Financial Gets Warning For Non-Compliance With Listing Norms
Abans Financial received warning letter from the Securities Exchange Board of India for alleged non-compliance with listing regulations, the company said.
Stock Market LIVE: Sandur Manganese To Allot 32.4 Crore Bonus Equity Shares
Sandur Manganese allotted 32.4 crore bonus equity shares in the ratio of 2:1, the company said in the exchange filing.
Nifty 50|Sensex| Stock Market Today: CLSA Lifts Price Targets Of SJVN, Tata Power, JSW Energy Amid India's Power Market Shifts
Multinational brokerage firm CLSA raised share price targets for SJVN Ltd., Tata Power Co., and JSW Energy Ltd., even as they imply potential downside from the current market price.
Analysts expect subdued returns in India's regulated power utilities stocks due to climate change-related demand weakness, but not a structural decline. "It's an opportunity to buy select utilities and catalysts," they said in a note.
India, the world's third largest power market, will likely see a demand uptick in the second half of the current fiscal. Electricity demand has been tepid in April-August due to higher-than-normal monsoon rains.
Stock Market LIVE: ACME Solar Yet To Get LoA From Rewa Ultra Mega Solar
Acme Solar Holdings is yet to receive formal letter of award from Rewa Ultra Mega Solar, the company said in the exchange filing.
The company clarified on reports stating Madhya Pradesh Government securing record low price for solar project.
Acme Solar Holding had earlier informed of participating in bidding conducted by RUMSL for solar project, the company said.
Stock Market LIVE: Canara Bank's Arm Files DRHP
Canara Bank's arm Canara Robeco AMC filed updated DRHP with the Securities Exchange Board of India, the company said in the exchange filing.
Stock Market LIVE: Jaro Institute Subscribed 0.38 Times So Far Today
The IPO was subscribed 0.38 times as of 12:15 p.m., as per BSE data.
Qualified Institutional Buyers: Nil
Non-Institutional Buyers: 1.16 times.
Retail Investors: 0.26 times.
Employee Reserved: 0.38 times.
Stock Market LIVE: MRF Clarifies That Workmen At Chennai Plant On Illegal Strike
MRF Clarified that workmen at Chennai plant on illegal strike regarding payment of annual insurance premium. Operations at Chennai plant partly continue. The company is taking steps to restore normalcy at Chennai Plant, the company said in the exchange filing.
Stock Market LIVE: Jubilant Pharmova Appoint Arun Kumar Sharma As Interim CFO
Jubilant Pharmova appointed Arun Kumar Sharma as interim chief financial officer, with effect from Oct 1.
LIVE: Rupee Hits Fresh Low Against US Dollar
Rupee fell 41 paise to record low of 88.73 against US Dollar
It settled at 88.32 on Monday
Source: Bloomberg
Maruti Suzuki Shares Hit Record High After Goldman Sachs Upgrade — Check Price Target, Stock Rating And More
Maruti Suzuki India Ltd.'s share price jumped to fresh high in Tuesday's session after Goldman Sachs upgraded the rating to Buy and hiked target price. The brokerage raised the target price to Rs 18,900 from Rs 13,800 apiece.
The current target price implies a potential upside of 19% from Monday's close.
Maruti Suzuki India share price jumped 3.22% to a new high of Rs 16,325.00 apiece.
India’s Manufacturing And Services PMI Ease In September: HSBC
India’s manufacturing and services sectors showed signs of moderation in September, according to Flash HSBC India Composite PMI.
The HSBC India Manufacturing PMI eased to 58.5 from 59.3 in August, while the Services PMI slipped to 61.6 from 62.9.
The Composite PMI, which combines both sectors, also declined to 61.9 from 63.2 in the previous month, indicating a slight slowdown in overall business activity.
GST Benefits, Festive Sales Boost: Tata Motors Delivers 10,000 Vehicles On Day One Of Navratri
Tata Motors recorded a robust start to the festive season, delivering 10,000 vehicles and receiving more than 25,000 customer enquiries on the first day of Navratri. The company attributed this surge to the recent reduction in GST rates, which has made a range of vehicles, including popular models like the Nexon and Punch, more affordable for buyers.
BMW Ventures IPO Opens On Sept. 24: Latest GMP Indicates Flat Listing, Check Key Details
BMW Ventures Ltd. is set to launch an initial public offering (IPO) to raise over Rs 200 crore from the primary market. The company is a manufacturer of steel products. Ahead of its listing, the grey market premium (GMP) indicated a flat listing for the offer. Investors who wish to bid for shares in the IPO should check the following details before making a final call.
Stock Market LIVE: Waaree Energies Sells Stakes In Indosolar
Waaree Energies sold14.66% stake in Indosolar via offer for sale, the company said in the exchange filing.
Stock Market LIVE: Euro Pratik Sales Lists At 10.7% Premium On BSE
Euro Pratik Sales was listed at Rs 273.45 on BSE compared to issue price Of Rs 247
The company is listed at a premium of 10.7% on BSE
Euro Pratik Sales is listed Rs 272.1 on National Stock Exchange versus issue price of Rs 247. It listed at premium of 10.2% On NSE
Nifty Sensex Today| Stock Market Today: Maruti Suzuki Share Price Rises After Goldman Sachs Hike Target Price
Maruti Suzuki India share price advanced 3.22% to Rs 16,325 apiece.
iValue Infosolutions IPO Fully Subscribed On Final Day; GMP Indicates Flat Listing
The initial public offering of iValue Infosolutions Ltd. was fully subscribed on the third and final day of bidding on Monday. The portion for institutional and non-institutional investors was the most bid.
The IPO consists only of an offer for sale of 1.87 crore equity shares of face value of Rs 2 each. Investors can bid for shares in the price band of Rs 284 to Rs 299. The IPO size based on the upper price band amounts to Rs 560 crore.
Nifty, Sensex| Stock Market Today: Netweb Technologies Share Price Falls Over 5%
Netweb Technologies share price declined 5.09% to Rs 3,355.40 apiece. The stock is consolidating after a four-day rally. Goldman Sachs has upgraded to Buy from Neutral and hiked target price to Rs 18,900 from Rs 13,800
Stock Market LIVE: Allcargo Terminals Share Price Jumps Nearly 12%
Allcargo Terminals share price jumped 11.63% to Rs 36 apiece, the highest level since Jan 15.
Nifty Sensex Today| Stock Market LIVE: KEC International Share Price Trades Near Three-Month High
KEC International Ltd. share price was trading near three-month high. It rose 7.95% to Rs 935 apiece. It was trading 6.79% higher at Rs 925 apiece as of 9:44 a.m.
Stock Market LIVE: Refex Industries Share Price Jumps Over 14%
Refex Industries share price jumped 14.18% to Rs 386.00 apiece, the highest level since Aug 25. It was trading 12.47% higher at Rs 380.20 apiece as of 9:40 a.m.
The board approved the merger of Refex Green Mobility into RIL, followed by the demerger of the combined Green Mobility Business undertaking from RIL into a new entity, Refex Mobility.
GK Energy IPO GMP In Focus Ahead Of Final Day Of Subscription; Check Allotment Date And More
GK Energy Ltd.’s initial public offering (IPO), which opened on September 19, is scheduled to close on Tuesday, September 23. The Maharashtra-based company provides engineering, procurement and commissioning (EPC) services for solar-powered agricultural water pump systems under Component B of the Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan (PM-KUSUM) scheme.
Nifty| Sensex| Stock Market Today: Pidilite Industries Share Price Falls For Eight Sessions
Pidilite Industries share price continued to decline slowly for eight sessions. The stock price was trading 0.80% down at Rs 1,506.8 apiece as of 9:33 a.m., compared to 0.13% decline in the NSE Nifty 50 index.
Nifty, Sensex Today| Stock Market LIVE: Goldman Sachs Upgardes Maruti Suzuki To Buy
Upgrade to Buy from Neutral; Hike target price to Rs 18,900 from Rs 13,800
Potential pickup in the market for entry level cars post GST cuts and price changes by Maruti Suzuki
Resumption of new model launches after a gap of 2.5 years with the Victoris SUV + eVitara
Favorable exposure to pay commission in the upcoming auto demand cycle
Relatively low CO2 risk vs peers heading into CAFE 3 regime in FY28E
Sectoral Performance At Open: Nifty Auto Outperforms
On National Stock Exchange, six sectoral indices advanced, four declined, and five remained flat out of 15.
Nifty Contributors: M&M, Maruti Suzuki, Infosys Support
Mahindra & Mahindra Ltd., Maruti Suzuki India Ltd., Infosys Ltd., HDFC Bank Ltd., and Eicher Motors Ltd. added to the NSE Nifty 50 index.
Bharti Airtel Ltd., UltraTech Cement Ltd., Sun Pharmaceutical Industries Ltd., Eternal Ltd., and Kotak Mahindra Bank Ltd. weighed on the Nifty 50 index.
Market At Open: Nifty, Sensex Open Mixed; M&M, Maruti Suzuki Support
The NSE Nifty 50 and BSE Sensex opened on a mixed note. Mahindra & Mahindra Ltd., and Maruti Suzuki India Ltd. were supporting gains in the index.
The indices were trading 0.16% and 0.06% higher, as of 9:22 a.m.
Rupee Hits Record Low Against US Dollar
Rupee fell 18 paise to record low of 88.50 against US Dollar
It settled at 88.32 on Monday
Source: Bloomberg
LIVE: Yield On 10-Year Bond Opens Flat
The yield on the 10-year bond opened flat at 6.49%
Source: Bloomberg
LIVE: Rupee Opens Near Record Low Against US Dollar
Rupee opened 9 paise weaker at 88.41 against US Dollar
It's record low is 88.46 a dollar, hit on Sept 11
It settled at 88.32 a dollar on Monday
Source: Bloomberg
Nifty 50| Sensex| Stock Market LIVE: Nifty At Make-Or-Break Level: India VIX Jumps 5%—Sign Of Concern?
The week began on a predictable note for Indian equity benchmark indices, as a knee-jerk reaction was seen on the back of the H-1B visa announcement. The Nifty 50 opened lower but soon witnessed a smart recovery, climbing above the 25,300 mark. However, the rebound lost steam in the latter part of the sessions, with a sharp sell-off dragging the index to an intraday low of 25,151—an important support level. The index finally settled at 25,202.35, down 0.49%. Most sectoral indices ended in the red, with Nifty IT plunging 2.95%, its steepest single-day fall since April 2025.
Stock Market News: Acme Solar Holdings's Arm Get Rs 1,100 Crore Refinancing
Acme Solar Holdings's arm received Rs 1,100 crore refinancing from the State Bank of India for 300 megwatt project in Rajasthan, the company said in the exchange filing.
IPO News: JD Cables IPO GMP Gains Ahead Of Allotment Today
Anand Rathi Share & Stock Brokers Ltd. is set to launch its initial public offering to raise Rs 745 crore through fresh issue of shares. The IPO will open on Sept. 23 and close on Sept. 25. The price band for the IPO is set between Rs 393 and Rs 414 per share.
The IPO comprises only of fresh issue worth Rs 745 crore. The face value of the equity share is Rs 5 each.
Pre-Market Expert's View: Nifty Weekly Expiry In Focus; To Get Support at 25,200–25,150
"Nifty index is now at a pivotal juncture, navigating a key support zone of 25,000–25,200, where buyers are expected to defend aggressively. On the upside, 25,400–25,500 remains the near-term hurdle. A strong close above this band could unlock an advance toward 25,700–26,000, while failure to clear it may invite a brief pullback."Ponmudi R, CEO of Enrich Money
"As expiry unfolds, all eyes remain on the 25,100–25,150 zone, which is acting as near-term support. If the index manages to hold above these levels, it could provide near-term relief, while a breach may open the door to sharper swings and intensified market jitters, potentially paving the way for a retest of the psychologically important 25,000 mark — a level that could offer buy-on-dip opportunities if supported by strong volumes."Hariprasad K, SEBI, Research Analyst and Founder, Livelong Wealth
Anand Rathi IPO: Price Band, Financials, Key Dates, And More
Anand Rathi Share & Stock Brokers Ltd. is set to launch its initial public offering to raise Rs 745 crore through fresh issue of shares. The IPO will open on Sept. 23 and close on Sept. 25. The price band for the IPO is set between Rs 393 and Rs 414 per share.
The IPO comprises only of fresh issue worth Rs 745 crore. The face value of the equity share is Rs 5 each.
Nuvama Wealth Management, DAM Capital Advisors, and Anand Rathi Advisors will manage the Anand Rathi IPO, while MUFG Intime India is the registrar to the issue.
Stock Market News: Hunt For Strong Cash Flow Companies Expanding Market Presence, Says Kenneth Andrade
Indian consumer businesses that invest in new products and expand their presence in new markets are a good area for investor capital amid economic uncertainty, according to Kenneth Andrade, founder and chief investment officer of Old Bridge Mutual Fund.
"India will be a growth market. "You have to look for companies that generate cash flows, because that becomes growth capital in the next cycle," Andrade told NDTV Profit. "Domestic consumer businesses that invest in new products and new markets are the place to be. Indian corporates are now making models in this new regime," he added.
Wall Street To Tap Quants, Engineers In India After $100,000 H-1B Visa Fee
Wall Street banks are set to rely more on their Indian business support centers following President Donald Trump’s shock move to impose $100,000 fees on new applications to the widely used H-1B visa program.
US lenders including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among the biggest employers of India’s so-called global capability centers, which handle operations from trading support and risk management to tech assistance. Staffed with software engineers, quants and accounting specialists, the centers offer low-cost services while giving firms access to skilled talent not readily available in their home markets.
Muhurat Trading 2025: NSE To Hold Special Diwali Trading Session On Oct 21 — Check Timings
The National Stock Exchange (NSE) of India will hold a special Diwali muhurat trading session on Oct. 21, according to a circular issued by the bourse on Monday.
The trading session will commence at 1:45 pm, and last for an hour, according to the NSE circular. The ending time is stated as 2:45 pm.
Additionally, the trading modification end time is stated as 2:55 pm. "All trades executed in this Diwali Muhurat trading session shall result in settlement obligations," the circular further said.
Asia Markets LIVE: KOSPI And S&P ASX 200 Rise
Markets in South Korea, and Australia advanced, tracking overnight gains on Wall Steet. Rally in the US stocks were fuelled by technology stocks after Nvidia announced collaboration with OpenAI, fuelling optimism over artificial intelligence.
The S&P ASX 200 and KOSPI were trading 0.14% and 0.25% higher, respectively as of 7:11 a.m.
Stocks To Watch Today: Godrej Industries, KEC International, Paytm, RVNL And More
Godrej Industries Ltd., KEC International Ltd., One97 Communications Ltd., and Rail Vikas Nigam Ltd. are some of the stocks that are going to catch investors' attention on Tuesday.
Euro Pratik Sales will also be in the limelight as the shares list on BSE and NSE.
LIVE: GIFT Nifty Hints At Muted Open; Adani Green, TCS, Paytm Shares In Focus
The GIFT Nifty was trading 0.07% or 16.50 points higher at 25,305 as of 6:27 a.m.
Traders will keep an eye on information technology stocks like Infosys Ltd., Tata Consultancy Ltd., and Tech Mahindra Ltd. Apart from these, Adani Green Energy Ltd., One 97 Communication Ltd., NTPC Ltd., and TVS Holdings Ltd. shares will be in focus for overnight news flow.
The NSE Nifty 50 and BSE Sensex ended sharply lower on Monday tracking a decline in IT stocks as US hiking H-1B visa fees weighed on business outlook.
The indices ended 0.49% and 0.56% lower, respectively.
RECOMMENDED FOR YOU
Stock Market Today: Nifty Ends Below 25,600, Sensex Slumps Over 500 Points; Power Grid, Eternal Top Laggards
Stock Market Today: Nifty Slips From Day's High But Ends Above 26,000, Sensex Closes 400 Points Higher
Stock Market Today: Nifty Closes Flat; Sensex Bounces 470 Points From Day's Lows But Ends In Red
Stock Market Today: D-Street Erases Gains As Sensex Ends 770 Points Lower From Day's High, Nifty Below 26,000
POPULAR