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Trendlyne Marketwatch
10 Oct 2025, 04:01PM
Market closes higher, Capacit'e Infra bags Rs 542 cr order from IIT Bombay
By Trendlyne Analysis

 

Nifty 50 closed at 25,285.35 (103.6, 0.4%) , BSE Sensex closed at 82,500.82 (328.7, 0.4%) while the broader Nifty 500 closed at 23,337.55 (95.8, 0.4%). Market breadth is in the green. Of the 2,567 stocks traded today, 1,522 were on the uptick, and 994 were down.

Indian indices closed higher after extending gains in the morning session. The Indian volatility index, Nifty VIX, fell 0.2% and closed at 10.1 points. TCS closed 1.1% lower after its Q2FY26 net profit declined 5.4% QoQ to Rs 12,075 crore due to higher equipment & software services costs. However, revenue grew 2.4% QoQ.

Nifty Smallcap 100 and Nifty Midcap 100 closed higher. Nifty Realty and Nifty PSU Bank were among the top index gainers today. According to Trendlyne’s sector dashboard, Hardware Technology & Equipment emerged as the top-performing sector of the day, with a rise of 1.5%.

Asian indices closed mixed. European indices are trading lower. US index futures are trading flat, indicating a cautious start to the trading session. Investors remain concerned as the US Senate fails to pass two funding bills to end the government shutdown. Meanwhile, Federal Reserve Chair Jerome Powell refrains from commenting on the economic outlook at a Fed event. Brent crude futures are trading lower after falling 1.5% on Thursday.

  • Money flow index (MFI) indicates that stocks like Hindustan Copper, Usha Martin, Fortis Healthcare, and Chennai Petroleum Corp are in the overbought zone.

  • Hind Rectifiers is rising as its board appoints Manoj Nair as the Chief Executive Officer (CEO) of the company, succeeding Suramya Nevatia, effective October 10.

  • PSU banks like State Bank of India, UCO Bank, Indian Overseas Bank rise as the Cabinet Committee approves revised guidelines for selecting whole-time directors. SBI will have three public sector and one private sector MD under the new reform.

  • Capacit'e Infraprojects is rising as it bags an order worth Rs 542.4 crore from IIT Bombay to construct fast-track buildings.

  • According to data released by the Association of Mutual Funds in India (AMFI), mutual funds' net equity inflows decline 9% MoM to Rs 30,422 crore in September. Meanwhile, total assets under management (AUM) increase to Rs 75.6 lakh crore from Rs 75.2 lakh crore in August.

  • Elecon Engineering plunges as its Q2FY26 net profit stays flat YoY at Rs 87.7 crore due to higher manufacturing, depreciation & amortisation, and employee benefits expenses. Revenue grows by 13.8% YoY to Rs 569.5 crore, helped by an improvement in transmission equipment and material handling equipment segments. It shows up in a screener of stocks with sells by superstar investors.

  • Knowledge Marine & Engineering Works receives an order worth Rs 127.1 crore from Inland Waterways Authority of India (IWAI) to supply dredgers and support boats for the National Waterways-1 project on the River Ganga.

  • Pharmaceutical stocks like Divi's Laboratories, Marksans Pharma and Sun Pharma Advanced Research surge more than 5% as the US Senate passes the Biosecure Act, prohibiting federal funding for Chinese biotech companies.

  • Citi Research initiates coverage on six Indian industrial companies, noting that the country’s capex cycle is currently shifting from an acceleration phase to consolidation. The brokerage prefers companies with strong execution and exposure to key themes, naming Cummins India and Bharat Electronics as its top 'Buy' picks. It also highlights that continued government spending is supporting the sector.

  • Puravankara is rising as its pre-sales grow 4% YoY to Rs 1,322 crore in Q2FY26. The company's collections from the real estate business jump 6% YoY to Rs 993 crore during the quarter.

  • Natco Pharma rises sharply as the Delhi High Court upholds its order allowing the company to market a generic version of Roche's spinal muscular atrophy (SMA) drug Risdiplam in India.

  • Le Travenues Technology (Ixigo) rises as its board approves raising up to Rs 1,296 crore through a preferential issue of 4.6 crore shares (10.1% equity) to Prosus unit MIH Investments One B.V. The shares will be issued at Rs 280 each, a 10.5% discount to Thursday’s closing price.

  • JM Financial downgrades Cummins India to 'Sell' with a higher target price of Rs 3,470. The brokerage believes that rising warranty expenses and the normalization of support service costs are not fully factored in. It also notes that elevated valuations and increasing costs are impacting the risk-reward balance. While data centre and High Horse Power (HHP) sales are expected to remain strong, industrial sales may soften.

  • ICICI Prudential Life Insurance is rising as its new business premium grows 6.1% YoY to Rs 1,761 crore in September, new business sum assured jumps 12.5% YoY. However, its annualised premium equivalent (APE) declines 5% YoY to Rs 1,864 crore in Q1FY26 due to a reduction in retail APE.

  • NTPC Green Energy is rising as its arm, NTPC Renewable Energy, signs a memorandum of understanding (MoU) with the Gujarat government to set up 10 GW of solar parks & projects and 5 GW of wind projects in the state.

  • Capri Global Capital's board of directors approves the appointment of Monu Ratra as its Chief Executive Officer (CEO).

  • Vinod Aggarwal, MD & CEO of Eicher Motors, downplays the September dip in bus sales, citing delayed impact of the GST cut in Vahan data. He expects bus sales to grow around 4.5% in FY26 and over 4% growth in the CV segment in H2FY26. He also notes a two-year commissioning timeline for Volvo’s 12-speed AMT gearbox.

  • WeWork India Management's shares debut on the bourses at a 0.3% premium to the issue price of Rs 648. The Rs 3,000 crore IPO received bids for 1.1 times the total shares on offer.

  • Amber Enterprises rises as its subsidiary, IL JIN Electronics (India), acquires 56.2 lakh shares (or a 40.2% stake) in Israel-based Unitronics for NIS 156 million (~Rs 424.6 crore).

  • Kolte-Patil Developers is rising as it acquires 7.5-acre land parcel in Bhugaon, Pune, with an estimated saleable area of around 1.9 million square feet and a gross development value (GDV) of Rs 1,400 crore.

  • KPI Green Energy rises after receiving a 'Category A' Power Trading Licence from the Gujarat Electricity Regulatory Commission (GERC). The licence allows the company to trade electricity and optimize returns by aligning power sales with demand trends across KP Group’s 6+ GW renewable energy portfolio.

  • Rajesh Power Services rises sharply as it signs a memorandum of understanding (MoU) with the Gujarat Government to convert overhead high tension (HT) Lines into underground cable networks with an investment of Rs 4,754 crore.

  • Tata Elxsi's Q2FY26 net profit rises 7.2% QoQ to Rs 154.8 crore due to lower finance costs. Revenue increases 2.9% QoQ to Rs 918.1 crore, driven by higher sales from the software development & services segment during the quarter. The company appears in a screener of stocks underperforming their industry price change over the past quarter.

  • Afcons Infrastructure is rising as it bags an order worth Rs 576 crore for civil and allied infrastructure works.

  • Tata Consultancy Services falls as its Q2FY26 net profit declines 5.4% QoQ to Rs 12,075 crore due to higher equipment & software services and finance costs. However, revenue grows 2.4% QoQ to Rs 66,666 crore, driven by improvements in the banking, financial services & insurance (BFSI), manufacturing, consumer business, communication, media & technology, and life sciences & healthcare segments. It shows up in a screener of stocks with declining net cash flow.

  • Nifty 50 was trading at 25,218.55 (36.8, 0.2%), BSE Sensex was trading at 82,075.45 (-96.7, -0.1%), while the broader Nifty 500 was trading at 23,278.50 (36.8, 0.2%).

  • Market breadth is ticking up strongly. Of the 2,038 stocks traded today, 1,372 were on the uptrend, and 599 went down.

Riding High:

Largecap and midcap gainers today include Tata Communications Ltd. (1,870.20, 10.2%), YES Bank Ltd. (24, 7.1%) and Divi's Laboratories Ltd. (6,474.50, 5.6%).

Downers:

Largecap and midcap losers today include UNO Minda Ltd. (1,219.80, -3.2%), Steel Authority of India (SAIL) Ltd. (132.17, -3.1%) and Tata Elxsi Ltd. (5,407.50, -3.0%).

Crowd Puller Stocks

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

Top high volume gainers on BSE included Tata Communications Ltd. (1,870.20, 10.2%), Redington Ltd. (290.10, 8%) and YES Bank Ltd. (24, 7.1%).

Top high volume losers on BSE were Tata Elxsi Ltd. (5,407.50, -3.0%) and Garware Technical Fibres Ltd. (751.20, -0.4%).

Jyoti CNC Automation Ltd. (964.40, 5.5%) was trading at 21.9 times of weekly average. Natco Pharma Ltd. (845.80, 4.0%) and Akzo Nobel India Ltd. (3,345, 0.5%) were trading with volumes 12.4 and 7.2 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

12 stocks overperformed with 52 week highs, while 2 stocks tanked below their 52 week lows.

Stocks touching their year highs included - Canara Bank (127.39, 1.0%), Indian Bank (776.25, 1.3%) and Punjab National Bank (117.24, 2.6%).

Stocks making new 52 weeks lows included - Westlife Foodworld Ltd. (641.75, -2.3%) and Clean Science & Technology Ltd. (1,072.30, 3.3%).

18 stocks climbed above their 200 day SMA including Bandhan Bank Ltd. (169.32, 3.7%) and Cipla Ltd. (1,561.80, 3.2%). 2 stocks slipped below their 200 SMA including DOMS Industries Ltd. (2,548, -0.3%) and GlaxoSmithKline Pharmaceuticals Ltd. (2,779, 0.7%).

 
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