
Nifty 50 was trading at 25,282.95 (-44.1, -0.2%), BSE Sensex was trading at 82,423.12 (-203.1, -0.3%) while the broader Nifty 500 was trading at 23,478.45 (-8.2, 0.0%). Market breadth is in the red. Of the 2,552 stocks traded today, 1,120 were gainers and 1,377 were losers.
Nifty 50 opens lower, after losing 89 points in the pre-opening session. Indian indices closed in the red on Friday. FIIs bought shares worth Rs 390.7 crore, while DIIs bought Rs 2,105.2 crore in Indian equities on the same day.
Nifty Smallcap 100 opens flat, while Nifty Midcap 100 opens lower. Nifty Consumer Durables and Nifty Media open in the red. Nifty IT opens lower after President Trump announces raising the fee for H1-B visas to $100,000.
European indices closed mixed on Friday. Major Asian indices are trading with varied trends. US indices closed in the green on Friday, with the Dow Jones and S&P 500 closing 0.4% and 0.5% higher, respectively. FedEx ended 2.3% higher on Friday as its Q1FY26 EPS beat estimates by 6%, led by cost cuts and steady demand.
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One 97 Communications (Paytm) rises after Jefferies retains its 'Buy' rating and raises the target price by 3.6% to Rs 1,420 per share. The brokerage cites growth potential in the recently launched postpaid-on-UPI and wealth segments, raising EBITDA estimates by 9–14%.
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Hindustan Copper rises sharply as it extends its Rekha Mining lease deed with the Jharkhand Government for the next 20 years. The company will reopen and expand the Rekha Copper Mine.
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Oil India is rising as it signs a joint venture with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) to develop 1.2 GW of renewable energy projects. The project includes 1,000 MW of solar and 200 MW of wind within RVUNL’s Renewable Energy Park.
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ICICI Direct maintains its 'Buy' call on Alkem Laboratories, with a target price of Rs 6,400 per share. This indicates a potential upside of 16.4%. The brokerage believes that the company has well-balanced growth levers led by its strong foothold in India, RoW and new ventures. It expects the firm's revenue to grow at a CAGR of 10.6% over FY26-28.
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Godrej Consumer Products rises as it invests $85 million (~ Rs 750 crore) in its subsidiary, Godrej Mauritius Africa Holdings, for 8.1 crore shares.
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Adani Power surges to its 20% upper circuit as it begins trading after five-for-one stock split. The company splits Rs 10 face value shares into five shares of Rs 2 each.
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Coromandel International's board of directors approves setting up a technical mono ammonium phosphate (TMAP) plant in Visakhapatnam.
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Rossell Techsys rises sharply to its all-time high of Rs 832 as it secures a long-term Indefinite Delivery, Indefinite Quantity (IDIQ) contract with Boeing. The deal involves manufacturing electrical panel assemblies for the T-7A Red Hawk, Boeing’s advanced pilot training aircraft, allowing production of up to 1,200 shipsets through 2033.
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Shipping stocks like Mazagon Dock and Cochin Shipyard rise following reports that the Indian government has granted infrastructure status to large ships. This upgrade is expected to ease capital access for shipbuilders. Additionally, the Indian Navy is set to issue a tender worth Rs 80,000 crore ($9.1 billion) for four large landing platform docks.
#MarketsWithBS | Mazagon Dock, Cochin Shipyard, GRSE: Why did shipping stocks rise up to 8%? Read to know ????#Stocks #markets #stockmarketnews #sharemarket #ShippingStockhttps://t.co/QXgTgENLJ5
— Business Standard (@bsindia) September 22, 2025
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DEE Development Industries' board of directors approves raising Rs 300 crore by issuing equity shares or other securities through a private placement, rights issue, qualified institutional placement (QIP), or other modes.
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Garden Reach Shipbuilders & Engineers rises sharply as it signs a $62 million (Rs 546.6 crore) deal with Germany’s Carsten Rehder for four hybrid multi-purpose vessels. The contract includes an option to build two more vessels and is scheduled for completion in 33–42 months.
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Everest Industries rises as its board of directors appoints Hemant Khurana as the new Managing Director (MD) and Chief Executive Officer (CEO), effective September 13.
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An SBI report states that the RBI may cut rates by 25 bps in its September policy meeting, calling it the best option currently. With inflation under control and likely to ease further, the report sees merit in a rate cut. It expects inflation to remain low through FY27. The CPI for FY27 is likely to stay around 4% or lower. With the GST rationalisation, the October CPI is expected to drop to around 1.1%.
SBI sees 25 bps rate cut as RBI's 'best option' in September MPC meethttps://t.co/uCezsEAhlC
— Economic Times (@EconomicTimes) September 22, 2025
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NBCC is rising as it signs a memorandum of understanding (MoU) worth Rs 117 crore with HUDCO for multiple projects. The MoU includes developing a commercial plot in Ghaziabad, a HUDCO plot in Haryana, additional blocks at the HUDCO Regional Office in Gujarat, and the reconstruction of flats at the Asian Games Village Complex (AGVC) in New Delhi.
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PNC Infratech receives a letter of acceptance (LoA) worth Rs 495.5 crore from Bihar State Road Development Corp to build a high-level bridge and approach road on the Hathouri-Atrar-Bavangama-Aurai Road. The project is scheduled for completion within three years.
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Netweb Technologies India rises sharply to its all-time high of Rs 3,470 as it secures a Rs 450 crore order for AI infrastructure deployment using Tyrone GPU systems. The project runs until the end of FY26.
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Indian IT stocks like TCS, Infosys, and HCL Technologies fall up to 6%, losing around Rs 63,000 crore in market value, after the US announces an H-1B visa fee hike. However, the decline is less severe than expected, and stocks partially recover as the impact is likely only from FY27. IIFL Securities says the higher US business costs are manageable, estimating a 20–60 bps hit to EBIT margins and a 1.2–4.5% impact on EPS depending on hiring strategies.
#MarketToday | Top 10 Indian #IT firms by market capitalisation, including #TCS, #Infosys, #HCL Technologies, #Wipro, #LTIMindtree, #TechMahindra, and #PersistentSystems, saw their shares fall up to 6 per cent on Monday, reacting to the #Trump administration’s #H1B #visa fee… pic.twitter.com/AGv1fvhrtx
— Business Today (@business_today) September 22, 2025
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Swan Defence and Heavy Industries surges to its all-time high of Rs 577.1 as it signs a Rs 4,250 crore memorandum of understanding (MoU) with Gujarat Maritime Board to expand the shipyard at Pipavav Port in Gujarat. The expansion includes enhancing the slipway, jetties, additional cranes, block fabrication, and dredging.
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Ceigall India is rising as it bags a Rs 1,700 crore order from Rewa Ultra Mega Solar through tariff-based competitive bidding to set up a 220 MW grid-connected ground-mounted solar photovoltaic (PV) plant in Madhya Pradesh. The company will also set up a battery energy storage system (BESS).
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Prism Johnson rises as it emerges as the preferred bidder for the mining lease of the 203.8-hectare Piparhat Kubri Limestone block in an auction by the Mineral Resource Department, Government of Madhya Pradesh. The block has a capacity of 45.21 million tonnes.
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Lupin receives Form 483 with four observations from the US FDA after a pre-approval inspection at its biotech facility in Pune.
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Nifty 50 was trading at 25,264.45 (-62.6, -0.3%), BSE Sensex was trading at 82,240.49 (-385.7, -0.5%), while the broader Nifty 500 was trading at 23,478.05 (-8.6, 0.0%).
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Market breadth is in the green. Of the 2,214 stocks traded today, 1,253 showed gains, and 881 showed losses.
Riding High:
Largecap and midcap gainers today include Adani Power Ltd. (170.25, 20%), Adani Total Gas Ltd. (767.50, 17.8%) and Adani Green Energy Ltd. (1,124, 9.1%).
Downers:
Largecap and midcap losers today include MphasiS Ltd. (2,864.60, -4.3%), LTIMindtree Ltd. (5,295, -3.9%) and Coforge Ltd. (1,725.60, -3.9%).
Movers and Shakers
7 stocks in BSE 500 are trading on high volumes today.
Top high volume gainers on BSE included Adani Total Gas Ltd. (767.50, 17.8%), Adani Green Energy Ltd. (1,124, 9.1%) and AWL Agri Business Ltd. (276.65, 7.7%).
MMTC Ltd. (71.71, 6.4%) was trading at 12.5 times of weekly average. Adani Energy Solutions Ltd. (932.50, 6.3%) and NBCC (India) Ltd. (115.90, 4.6%) were trading with volumes 3.7 and 3.4 times weekly average respectively on BSE at the time of posting this article.
BSE 500: highs, lows and moving averages
12 stocks hit their 52 week highs, while 1 stock hit their 52 week lows.
Stocks touching their year highs included - Adani Power Ltd. (170.25, 20%), Canara Bank (119.55, 1.5%) and Grasim Industries Ltd. (2,886.90, 0.3%).
Stock making new 52 weeks lows included - Praj Industries Ltd. (384.30, -1.2%).
12 stocks climbed above their 200 day SMA including Adani Total Gas Ltd. (767.50, 17.8%) and AWL Agri Business Ltd. (276.65, 7.7%). 16 stocks slipped below their 200 SMA including Ipca Laboratories Ltd. (1,398.40, -3.0%) and Voltas Ltd. (1,380.70, -2.8%).