T
Trendlyne Marketwatch
25 Sep 2025, 03:57PM
Market closes lower, HAL bags Rs 66,500 cr order for fighter jets
By Trendlyne Analysis

 

Nifty 50 closed at 24,890.85 (-166.1, -0.7%) , BSE Sensex closed at 81,159.68 (-556.0, -0.7%) while the broader Nifty 500 closed at 23,022.40 (-155.9, -0.7%). Market breadth is overwhelmingly negative. Of the 2,544 stocks traded today, 760 were gainers and 1,744 were losers.

Indian indices closed lower after extending losses from the afternoon session. The Indian volatility index, Nifty VIX, rose 2.5% and closed at 10.8 points. Poly Medicure closed 2.3% higher as it acquired Italy-based Citieffe group for Rs 324 crore to enter the global orthopaedics market.

Nifty Smallcap 100 and Nifty Midcap 100 closed lower. Nifty Realty and BSE Power closed in the red. According to Trendlyne’s Sector dashboard, Diversified emerged as the worst-performing sector of the day, with a fall of 2%.

European indices are trading with varied trends. Major Asian indices ended mixed. US index futures are trading mixed, indicating a cautious start to the session as investors await the release of the PCE inflation print this week. Meanwhile, Costco Wholesale, Accenture, Jabil, and CarMax are set to report their earnings today.

  • Money flow index (MFI) indicates that stocks like Usha Martin, Minda Corp, Tata Investment Corp, and Axis Bank are in the overbought zone.

  • Reliance Industries' subsidiary, Reliance Consumer Products, signs a Rs 40,000 crore memorandum of understanding (MoU) with the Food Processing Industries Ministry to set up food manufacturing facilities across India.

  • Dilip Buildcon's consortium with Ramky Infrastructure receives a letter of acceptance (LoA) for a Rs 2,905 crore order from Rajasthan Water Grid Corp. The project involves the construction of a water pipeline, as well as operation and maintenance for 20 years.

  • Hindustan Aeronautics rises as it reportedly bags an order worth Rs 66,500 crore from the Indian Air Force (IAF) for 97 Tejas Mark-1A fighter jets.

  • The Nifty50 index rebalancing takes effect on September 30. According to Elara Capital, Hero MotoCorp, IndusInd Bank, and IndiGo are likely to witness significant changes in investor holdings, with each stock expected to receive passive inflows of up to Rs 4,300 crore.

  • Paradeep Phosphates' promoter, Zuari Maroc Phosphates, acquires 97.5 lakh shares (1.2% equity) via a bulk deal worth Rs 178 crore. The transaction was executed at an average price of Rs 182.1 per share.

  • ABB India plans to expand its low voltage (LV) motors capacity by 6,049 units per month to 32,349 units per month with a capex of Rs 140 crore.

  • Optiemus Infracom rises sharply as it signs a binding term sheet with London-based Nothing Electronics for a joint venture. The JV will invest over $100 million (Rs 887 crore) in India over three years to manufacture Nothing and CMF electronic products.

  • Glenmark Pharma’s subsidiary, Glenmark Specialty S.A., signs an exclusive licensing agreement with China’s Hengrui Pharma for Trastuzumab Rezetecan, a drug used to treat lung cancer. The deal includes an upfront payment of $18 million (approx. Rs 150 crore), milestone payments of up to $1.1 billion (around Rs 9,150 crore), and royalties on future sales.

  • Alembic Pharmaceuticals rises as it receives approval from the US FDA for its abbreviated new drug application (ANDA) for Paroxetine Extended-Release tablets. The tablets are a therapeutic equivalent to the reference listed drug product (RLD), Paxil CR Extended-Release tablets of Apotex Inc and are used to treat depressive disorders. The drug had a market size of $1.2 billion in the US in 2024.

  • Swan Energy & Heavy Industries surges to its all-time high of Rs 577.1 per share as it signs a memorandum of understanding (MoU) with Europe's Royal IHC to build offshore construction, pipe laying, and multi-purpose offshore support vessels.

  • Maharashtra Seamless is rising as it bags an order worth Rs 256 crore for the supply of seamless pipes in the oil & gas sector.

  • Angshu Mallick, CEO & MD of AWL Agri Business, anticipates a strong second half, with robust consumption continuing through March, driven by a good monsoon and improved kharif crop output. He expects edible oil volumes to see strong single-digit growth and the food segment to achieve double-digit growth. Overall, he forecasts turnover to exceed Rs 60,000–65,000 crore in FY26.

  • Lupin rises as it receives tentative approval from the US FDA for its abbreviated new drug application (ANDA) for Bictegravir, Emtricitabine, and Tenofovir Alafenamide tablets. The tablets are bioequivalent to Gilead Sciences' Biktarvy tablets and are used to treat HIV infection in adults and pediatric patients. According to IQVIA, the tablets have a market size of $16.2 billion in the US.

  • iValue Infosolutions' shares debut on the bourses at a 4.7% discount to the issue price of Rs 299. The Rs 560.3 crore IPO received bids for 1.8 times the total shares on offer.

  • KPI Green Energy is rising as it secures a Rs 3,200 crore partial financing from State Bank of India for its 250 MW solar project and 370 MW hybrid project in Gujarat.

  • HSBC upgrades both Nestle and Britannia Industries to a 'Hold' rating and raises the target prices to Rs 1,270 and Rs 6,140, respectively. The brokerage anticipates a consumer sector recovery, supported by a favourable base, tax cuts, and GST reductions. While structural issues persist, combined policy measures could boost demand, particularly in urban areas, which have been weak for over a year. Rural demand remains strong, reflected in real wage growth.

  • Waaree Energies invests Rs 300 crore in its subsidiary, Waaree Energy Storage Solutions, through a rights issue. The funds will be used to set up a lithium-ion advanced chemistry storage cell manufacturing plant to expand its energy storage capabilities.

  • Poly Medicure rises sharply as it acquires Medistream SA, parent of Citieffe SRL and its US and Mexico subsidiaries, for Rs 324 crore. Italy-based Citieffe specialises in orthopaedic trauma and extremities, with distribution across over 25 countries.

  • Tata Steel invests Rs 4,054.7 crore into its Singapore unit, T Steel Holdings Pte, by acquiring 457.7 crore equity shares. This follows multiple infusions made between May and August to strengthen the company’s international operations.

  • Nuvama Institutional Equities reiterates its 'Hold' rating on Sun Pharmaceutical Industries with a target price of Rs 1,830. The brokerage maintains a cautious outlook despite the company's domestic growth drivers and focus on innovation. It highlights ongoing management changes, plans to expand the field force, and initial progress in the US innovative segment. However, it expects field force productivity to stay largely flat until the pace of new additions slows.

  • Jaykay Enterprises surges to its all-time high of Rs 224.5 per share as its joint venture (JV) with Phillips Machine Tools India bags a Rs 139.4 crore order from Ircon International. The order includes the design, supply, installation, commissioning, & training of various types of conventional machinery for MSME training centres.

  • Polycab India's promoters reportedly plan to sell 12 lakh shares worth Rs 880 crore through a block deal at a floor price of Rs 7,300 per share.

  • Fineotex Chemical surges more than 10% as its board of directors schedules a meeting on September 27 to consider proposals for a stock split and bonus issue.

  • Dalmia Bharat falls as it receives a Rs 377.3 crore order from the Hyderabad Government for alleged violations of provisions under the Prevention of Money Laundering Act, 2002 (PMLA).

  • Nifty 50 was trading at 25,041.55 (-15.4, -0.1%), BSE Sensex was trading at 81,574.31 (-141.3, -0.2%), while the broader Nifty 500 was trading at 23,167.50 (-10.8, -0.1%).

  • Market breadth is in the red. Of the 2,036 stocks traded today, 838 were on the uptick, and 1,116 were down.

Riding High:

Largecap and midcap gainers today include AWL Agri Business Ltd. (261.65, 3.5%), Adani Power Ltd. (149, 3.1%) and Hindustan Zinc Ltd. (466.75, 3.1%).

Downers:

Largecap and midcap losers today include Kalyan Jewellers India Ltd. (462.55, -3.5%), Trent Ltd. (4,742.50, -3.2%) and Power Grid Corporation of India Ltd. (284.40, -3.0%).

Movers and Shakers

10 stocks in BSE 500 are trading on high volumes today.

Top high volume gainers on BSE included Hindustan Copper Ltd. (328.23, 6.3%), Newgen Software Technologies Ltd. (909.45, 3.9%) and KIOCL Ltd. (457.35, 3.0%).

Top high volume losers on BSE were Honasa Consumer Ltd. (294.85, -1.8%), Oberoi Realty Ltd. (1,599.90, -1.3%) and Metro Brands Ltd. (1,265, -0.9%).

V-Guard Industries Ltd. (369.80, 1.2%) was trading at 37.2 times of weekly average. Oil India Ltd. (414.80, 2.0%) and eClerx Services Ltd. (4,211, 2.7%) were trading with volumes 3.8 and 3.8 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

3 stocks made 52 week highs, while 9 stocks were underachievers and hit their 52 week lows.

Stocks touching their year highs included - CreditAccess Grameen Ltd. (1,416.50, 1.8%), Amber Enterprises India Ltd. (8,405, -0.1%) and Asahi India Glass Ltd. (909.65, -0.4%).

Stocks making new 52 weeks lows included - Sun TV Network Ltd. (535.40, -1.4%) and Tata Consultancy Services Ltd. (2,957.40, -2.6%).

8 stocks climbed above their 200 day SMA including Oil India Ltd. (414.80, 2.0%) and Aegis Logistics Ltd. (773.90, 1.5%). 23 stocks slipped below their 200 SMA including Power Grid Corporation of India Ltd. (284.40, -3.0%) and Afcons Infrastructure Ltd. (443.55, -2.9%).

 
More from Trendlyne Marketwatch
More from Trendlyne Analysis
Recommended
Market closes lower, HAL bags Rs 66,500 cr order for fighter jets
Trendlyne Marketwatch | 25 Sep 2025, 03:57PM
Indices at a glance: Biggest winners and losers over the past year
The Baseline | 25 Sep 2025, 12:17PM
Markets close flat, RailTel's IPO oversubscribed on Day 1
Trendlyne Marketwatch | 16 Feb 2021