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Trendlyne Marketwatch
05 Oct 2026
Market closes higher, led by gains in banking and FMCG stocks
By Trendlyne Analysis

 

Nifty 50 closed at 22,555.75 (133.8, 0.6%), BSE Sensex closed at 72,382.47 (472.8, 0.7%) while the broader Nifty 500 closed at 21,971.60 (113.9, 0.5%). Market breadth is in the red. Of the 2,856 stocks traded today, 1,291 showed gains, and 1,506 showed losses.

Indian indices closed higher, led by gains in banking and FMCG stocks. The Indian volatility index, Nifty VIX, rose 1.7% and closed at 14.7 points. PhysicsWallah closed 9% higher as its subsidiary, FinZ Finance, entered into an agreement to sell its Rs 95.8 crore loan portfolio to Auxilo Finserve. The move is part of the company’s plan to restructure its lending strategy and shift away from direct lending.

Nifty Midcap 100 and Nifty Smallcap 100 closed higher, following the benchmark index. S&P BSE Telecom and Nifty Capital Markets were among the top index gainers today. According to Trendlyne’s Sector dashboard, Hardware Technology & Equipment emerged as the best-performing sector of the day, with a rise of 3.7%.

Asian indices closed mixed, while European indices are trading with varied trends. US index futures traded lower. Gulf tensions remained high as tanker attacks off Oman and Yemen, fresh military operations in Yemen and a US-Iran standoff continued. Yemen’s governing council chief Rashad al-Alimi announced operations to retake Houthi-held territory. Meanwhile, oil prices fell after Saudi Arabia reportedly cut its November Arab Light crude price for Asia by $3 a barrel, a day after OPEC+ agreed to keep output steady.

  • Relative Strength Index (RSI) indicates that stocks like Sun TV Network and Sigma Advanced Systems are in the overbought zone.

  • AU Small Finance Bank is rising sharply as its total deposits jump 28.6% YoY to Rs 1.7 lakh crore in Q2FY27, supported by a 29.1% growth in CASA deposits. Its gross advances rise 27.9% to Rs 1.5 lakh crore during the quarter.

  • Raymond Realty is rising sharply as its presales soar 98% YoY to Rs 902 crore during Q2FY27, collections jump 67% to Rs 682 crore.

  • Physicswallah is rising sharply as its subsidiary, FinZ Finance, enters an agreement to sell its Rs 95.8 crore loan portfolio to Auxilo Finserve. The move is part of the company's plan to restructure its lending strategy to shift away from direct lending.

  • Larsen & Toubro rises as its power transmission & distribution (PT&D) arm secures domestic and international orders worth Rs 10,000-15,000 crore. The orders include setting up transmission lines & substations in Saudi Arabia, constructing a substation in the UAE and setting up a transmission system in India.

  • V2 Retail plunges to its 52-week low of Rs 162.3 per share as its same-store sales growth (SSSG) drops 14.9% YoY in Q2FY27 as the festive period shifts to October from September. However, its standalone revenue jumps 28.4% to 905 crore, supported by network expansion. The company adds 49 new stores, taking its total store count to 427.

  • Middle East crude exports reportedly exceed pre-war levels on four of the last seven days of September, despite tanker attacks near the Strait of Hormuz. Higher Saudi and UAE shipments, pipeline recoveries and ship-to-ship transfers sustain flows amid the US-Israel-Iran conflict. Resilient crude flows ease supply concerns, though refined product exports remain weak and maritime risks persist.

  • Bank of India is rising sharply as its global business grows 21.1% YoY to Rs 18.9 lakh crore, while global deposits increase 21.6% to Rs 10.4 lakh crore in Q2FY27. The bank's domestic advances expand 17.7% during the quarter.

  • Aurobindo Pharma receives US FDA approval to manufacture and market Perampanel tablets used to treat partial-onset seizures. The drug is a therapeutic and bioequivalent of the reference listed drug (RLD), Fycompa tablets, of Catalyst Pharmaceuticals. It had an estimated market size of $67 million for the year ended August 2026, according to IQVIA.

  • Petronet LNG is rising as its board of directors appoints Sanjay Kumar as the Managing Director (MD) and Chief Executive Officer (CEO), effective May 13, 2027.

  • InterGlobe Aviation (IndiGo) raises domestic fuel charges by Rs 100–350, taking the revised charges to Rs 375–1,300 for new bookings from October 6. The airline cites a sustained rise in volatile aviation turbine fuel (ATF) prices, with the latest month-on-month increase exceeding 14%, pushing fuel costs to among their highest levels in the past decade.

  • Punjab National Bank is rising as its total business jumps 12% YoY to Rs 31.2 lakh crore in Q2FY27, advances grow 14.8%. The bank's deposits climb 9.9%, helped by higher domestic deposits.

  • German Green Steel & Power's shares debut on the bourses at a 2.2% premium to the issue price of Rs 139. The Rs 303.9 crore IPO received bids for 29 times the total shares on offer.

  • Shares of Runwal Enterprises make a flat debut on the bourses, listing at its issue price of Rs 305. The Rs 500 crore IPO received bids for 2.5 times the total shares on offer.

  • According to a poll of economists, the Reserve Bank of India (RBI) is expected to raise interest rates this week for the first time since February 2023, as shifting global rate conditions and rising inflation risks drive monetary tightening. The Monetary Policy Committee (MPC) is expected to raise the repo rate by 25 bps to 5.50% on October 7.

  • ICICI Prudential Life Insurance Co's board of directors appoints Sidhartha Mishra as the Managing Director (MD) and Chief Executive Officer (CEO), succeeding Anup Bagchi, effective October 14.

  • Knack Packaging rises as it bags two US orders worth Rs 150 crore per annum each to supply 6 crore bags annually.

  • AceVector's shares debut on the bourses at an 11.5% discount to the issue price of Rs 32. The Rs 420 crore IPO received bids for 4.9 times the total shares on offer.

  • FSN E-Commerce Ventures (Nykaa) gains over 4% after reporting a strong Q2FY27 operational update. The company added 14 net new stores in the quarter, taking its total to 338, while like-for-like store sales grew in the early twenties. Morgan Stanley retained its ‘Overweight’ rating on the stock, noting that provisional performance exceeded its revenue growth estimates. It expects Beauty segment revenue growth in the high twenties, above its earlier 25% forecast.

  • Orient Cables' shares debut on the bourses at a 65.4% premium to the issue price of Rs 272. The Rs 552 crore IPO received bids for 92.3 times the total shares on offer.

  • YES Bank is rising as its gross advances jump 23.8% YoY to Rs 3.1 lakh crore in Q2FY27. Deposits climb 19.5% to Rs 3.5 lakh crore. The bank's credit-to-deposit ratio grows 300 bps, resulting in a higher cost of credit.

  • KPI Green Energy is falling as Chief Executive Officer (CEO) Alok Das tenders his resignation, effective October 1.

  • PB Fintech CEO & Co-founder Yashish Dahiya says the company is prepared for any potential revenue impact from the IRDAI’s consultation paper on insurance commissions and mis-selling. He notes that a significant part of Policybazaar’s business is independent of marketing-led sales, with at least 70% expected to remain unaffected even in a severe zero-commission scenario.

  • Bajaj Finance is rising sharply as its board of directors approves a Rs 11,700 crore fundraise through a qualified institutional placement (QIP) of equity shares. The board also approves a Rs 5,800 crore preferential issue of convertible warrants.

  • Redington is rising sharply as it enters a partnership with OPSWAT for critical infrastructure protection solutions across West Asia, Turkiye, Africa and the Commonwealth of Independent States (CIS) regions. The partnership will expand specialised security solutions for isolated and operational technology (OT) environments across government, defence, banking, telecom, energy, utilities and other regulated sectors.

  • Transformers & Rectifiers (India) surges after securing two domestic orders from Damodar Valley Corporation and Gujarat Energy Transmission Corporation (GETCO). Each order is worth Rs 100–500 crore. The company will supply auto transformers and shunt reactors, with delivery scheduled over 15–30 months.

  • HDFC Bank's board of directors appoints Anup Bagchi as the Managing Director (MD) and Chief Executive Officer (CEO) for three years after receiving RBI approval, effective October 2.

  • Nifty 50 was trading at 22,553 (131.1, 0.6%), BSE Sensex was trading at 72,340.95 (431.3, 0.6%), while the broader Nifty 500 was trading at 22,007.80 (150.1, 0.7%).

  • Market breadth is highly positive. Of the 2,395 stocks traded today, 1,825 were on the uptick, and 483 were down.

Riding High:

Largecap and midcap gainers today include Escorts Kubota Ltd. (2,819, 5.7%), Kalyan Jewellers India Ltd. (556.85, 5.4%) and ITC Ltd. (268.90, 5.1%).

Downers:

Largecap and midcap losers today include Avenue Supermarts Ltd. (3,567, -6.5%), HCL Technologies Ltd. (1,201.90, -3.3%) and Max Financial Services Ltd. (1,348, -3.2%).

Movers and Shakers

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

Top high volume gainers on BSE included DCM Shriram Ltd. (1,012.10, 11.6%), Physicswallah Ltd. (131, 9.0%) and Nuvama Wealth Management Ltd. (1,810, 6.4%).

Top high volume loser on BSE was Avenue Supermarts Ltd. (3,567, -6.5%).

Vedant Fashions Ltd. (520.75, 0.3%) was trading at 6.3 times of weekly average. LG Electronics India Ltd. (1,780, 3.4%) and Bharti Hexacom Ltd. (1,383, 0.3%) were trading with volumes 5.1 and 4.8 times weekly average respectively on BSE at the time of posting this article.

BSE 500: highs, lows and moving averages

1 stock overperformed with 52 week highs, while 30 stocks hit their 52 week lows.

Stock touching their year highs included - LG Electronics India Ltd. (1,780, 3.4%).

Stocks making new 52 weeks lows included - Bayer Cropscience Ltd. (3,505.10, -1.4%) and Bharat Electronics Ltd. (384.85, 0.5%).

16 stocks climbed above their 200 day SMA including Mangalore Refinery And Petrochemicals Ltd. (173.10, 5.1%) and Poonawalla Fincorp Ltd. (453, 4.5%). 14 stocks slipped below their 200 SMA including Bandhan Bank Ltd. (168.27, -4.4%) and Krishna Institute of Medical Sciences Ltd. (708, -3.8%).

 
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