Sensex Today Trades Higher | Nifty Above 25,850 | Tech Mahindra, L&T Top Gainers

Tue, 1 Oct 10:30 am

   Previous Close   

   Pre-Open   

   Closing   

Asian stocks eased near two-and-half-year highs on Tuesday and the US dollar firmed following hawkish comments from Federal Reserve Chair Jerome Powell that scuppered bets of big interest rate cuts, while Mid-East tension kept risk sentiment in check.

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.13% lower at 620.05 on Tuesday.

US equity indices were mixed on Monday as investors awaited economic data and comments from Federal Reserve Chair Jerome Powell.

Here's a table showing how US stocks performed on Monday:

Stock/Index	LTP	Change ($)	Change (%)	Day High	Day Low	52-Week High	52-Week Low
Alphabet	167.19	1.90	1.15%	167.36	164.64	193.30	121.46
Apple	233.00	5.21	2.29%	233.00	229.65	237.23	164.08
Meta	572.44	5.08	0.90%	574.68	564.80	577.40	279.40
Tesla	261.63	1.17	0.45%	264.86	255.77	271.00	138.80
Netflix	709.27	1.92	0.27%	711.21	702.82	725.26	344.73
Amazon	186.33	-1.64	-0.87%	188.49	184.65	201.20	118.35
Microsoft	430.30	2.28	0.53%	430.42	425.37	468.35	311.21
Dow Jones	42330.15	17.15	0.04%	42347.66	41929.07	42628.32	32327.20
Nasdaq	20060.69	52.06	0.26%	20072.42	19852.85	20690.97	14058.33

Source: Equitymaster

At present, the BSE Sensex is trading 264 points higher and NSE Nifty is trading 68 points higher.

Tech Mahindra, L&T and SBI among the top gainers today.

Asian Paints, Trent and HUL the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

Broader markets are trading on positive. The BSE Midcap index is trading 0.2% higher and the BSE Smallcap index is trading 0.4% higher.

Sectoral indices are trading mixed today with stocks in telecom sector, power sector and IT sector witnessing most buying. Meanwhile stocks in metal and FMCG sector are witnessing selling pressure.

The rupee is trading at Rs 83.81 against the US dollar.

In commodity markets, gold prices are trading flat at Rs 75,603 per 10 grams today.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of the stock market, ever wondered why NTPC, a seemingly boring PSU, has outperformed market favourites like HUL and Nestle?

Rahul Shah, Co-head of Research at Equitymaster talks about the secrets behind its transformation and assess whether it's still a good investment.

Tune in for more

Bajaj Auto leads EV Sales

Homegrown automotive manufacturing company Bajaj Auto has claimed the second position in electric two-wheeler retail sales in September 2024, according to industry sources.

Bajaj's Chetak electric scooter now holds a 21.4% market share, edging closer to Ola Electric's 27.6%.

Retail sales data from the Vahan portal for the period from September 1 to 29 reveals that Ola Electric sold 22,821 units, while Bajaj Auto sold 17,507 units, surpassing TVS Motor Company, which sold 16,351 units.

This marks the first time Bajaj has overtaken TVS in monthly sales, solidifying its position as a key player in the electric two-wheeler market.

Ola Electric, once the dominant force in the sector, has seen its market share shrink significantly.

In September 2023, the company controlled 47% of the market but has since fallen to just over a quarter in September 2024.

The company's year-on-year sales dropped by nearly a third, reflecting growing competition and challenges in customer service.

Ola's September 2024 sales were also lower compared to August 2024, when it sold over 27,000 units.

Bajaj Auto's rise to the second spot can be attributed to its competitive pricing strategy and revised distribution model.

Tata Power's US$ 14.3 Billion Investment Plan

Tata Power on Monday said it has inked an initial pact with the Rajasthan government for investment of Rs 1.2 trillion (tn), including Rs 750 bn in green energy, in the state's power sector.

The 10-year plan aims to support Rajasthan's transformation into a power surplus state, providing a 24/7 clean, affordable, and reliable power supply.

Investments will be made in renewable energy projects and manufacturing, transmission, distribution, nuclear power, rooftop installations, and EV charging.

The MoU was signed during the 'Rising Rajasthan' Investor Meet in New Delhi on Monday.

An amount of Rs 200 bn will be invested in the state transmission and distribution area to modernize the grid infrastructure, reduce energy losses, and improve power quality across the state.

Besides, Rs 100 bn will be invested in transmission systems exploring opportunities to develop nuclear power plants.

Nearly Rs 750 bn will be for renewable energy projects.

An investment of Rs 10 bn has been earmarked for setting up 1 lakh EV charging points across Rajasthan.

Rooftop solar power for 10 lakh households will support the PM Surya Ghar Yojana.

The MoU will have a transformative socio-economic impact, creating over 28,000 direct jobs in the state.

Tata Power is primarily involved in the business of power generation, transmission and distribution.

In the first half of the financial year 2024, the company generated 54% of revenue from distribution, 32% from thermal, coal and hydro segment, 14% from transmission.

Blue Dart Express Increases Shipment Prices

Courier services provider Blue Dart Express on Monday said it will increase the prices of its shipments between 9-12% from 1 January 2025.

The pricing adjustments for 2025, which include inflationary adjustments and cost rationalisation, are designed to partly cover spiralling long-term costs, such as rising input costs to operations, including airline operating costs and infrastructure costs, among others.

Blue Dart will implement the General Price Increase (GPI) from January 1.

The average price increase will be in the range of 9 to 12%, depending on product variabilities and the shipping profile.

This essential decision ensures the continued provision of quality service while fostering sustainable ecosystem collaboration.

To know what's moving the Indian stock markets today, check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary

Top Gainers TodayTop Gainers over 1-WeekTop Gainers over 1-MonthTop Gainers over 1-YearTop Gainers over 3-YrsTop Gainers over 5-YrsTop Losers TodayTop Losers over 1-WeekTop Losers over 1-MonthTop Losers over 1-YearTop Losers over 3-YrsTop Losers over 5-YrsOnly BuyersOnly SellersMost Active StocksMost Popular Stocks52 Week High Stocks52 Week Low Stocks

INDICESBSE (Rs 0 to 1)BSE (Rs 1 to 2)BSE (Rs 2 to 4)BSE (Rs 4 to 10)BSE (Rs 10 to 20)BSE (Above Rs 20)BSE - AllBSE-30BSE-100BSE-200BSE-500BSE AutoBSE BankexBSE Capital GoodsBSE Consumer DurablesBSE FMCGBSE HealthcareBSE ITBSE MetalBSE Oil & GasBSE PSUBSE TeckBSE RealtyBSE PowerBSE A GroupBSE B GroupBSE Mid-CapBSE Small-CapBSE Basic MaterialsBSE Consumer DiscretionaryBSE IndustrialsBSE UtilitiesBSE Sensex 50BSE Sensex Next 50BSE Bharat 22BSE 150 MidCapBSE 250 SmallCapBSE 250 LargeMidCapBSE 400 MidSmallCapBSE AllCapBSE LargeCapBSE SmallCap SelectBSE 100 LargeCap TMCBSE InfraBSE ManufacturingBSE CPSEBSE Private BankBSE Diversified FinancialsBSE MomentumBSE Low VolatilityBSE QualityBSE Enhanced ValueBSE Divident StabilityS&P BSE IPOBSE SMEIPOBSE 100 ESGBSE CarbonexBSE GreenexNSE (Rs 0 to 10)NSE (Rs 10 to 20)NSE (Above Rs 20)NSE - AllNSE-50NSE ITNSE Nifty Midcap 50NSE JR. NiftyNSE Bank NiftyNIFTY Next 50NIFTY 100NIFTY 200NIFTY 500NIFTY MidCap 100NIFTY SmallCap 250NIFTY SmallCap 50NIFTY SmallCap 100NIFTY LargeMidCap 250NIFTY MidSmallCap 400NIFTY AutoNIFTY Consumer DurablesNIFTY FinanceNIFTY FMCGNIFTY MediaNIFTY MetalNIFTY PharmaNIFTY Private BankNIFTY PSU BankNIFTY RealtyNIFTY Oil & GasNIFTY SME EmergeNIFTY CommoditiesNIFTY CPSENIFTY EnergyNIFTY India ConsumptionNIFTY InfraNIFTY MNCNIFTY PSENIFTY Serv SectorNIFTY100 Liquid 15NIFTY Midcap Liquid 15NIFTY Midcap 150 Quality 50NIFTY50 Equal WeightNIFTY100 Equal WeightNIFTY100 Low Volatility 30NIFTY100 Alpha 30NIFTY Alpha 50NIFTY Dividend Opportunities 50NIFTY High Beta 50NIFTY Low Volatility 50NIFTY200 Quality 30NIFTY 500 Value 50NIFTY 100 Quality 30SECTORSAgricultureAirlinesAluminiumAsset Management CompaniesAutomobilesAuto AncillariesBanks (Private)Banks (PSU)BankingCementChemicalsDefenceDiagnosticsDronesEngineeringElectric VehicleElectric Vehicle BatteryEnergy SourcesESGEthanolFertilizersFintechFMCGFoodGreen HydrogenHotelsInfrastructureInsuranceInvestment and FinanceInvITIT (Large)IT (Others)LogisticsMediaMetalMiningIndia's Big Tech StocksIndian PharmaMNC PharmaPSUPaintPaperPlasticPowerRating AgenciesReal EstateREITsRenewable EnergyRetailingSemiconductorShippingSteelSugarSupply ChainTelecomTextilesTravel Support Services

10 results 25 results 50 results 100 results All results

Indian Share Market Update: Top Gainers and Losers