Sensex Today Ends 167 Points Lower | Nifty Below 25,000 | ITC Down 3%, Reliance Industries 2%

Wed, 9 Oct Closing

   Previous Close   

   Pre-Open   

   10:30 am   

After opening the day higher, Indian benchmark indices turned negative as the session progressed and ended the day lower.

Benchmark equity indices BSE Sensex, and NSE Nifty50 pared their early gains, and retreated to settle in negative territory on Wednesday.

At the closing bell, the BSE Sensex stood lower by 167 points (down 0.2%).

Meanwhile, the NSE Nifty closed lower by 31 points (down 0.1%).

Cipla, SBI and Tech Mahindra among the top gainers today.

ITC, ONGC and HUL on the other hand, were among the top losers today.

The GIFT Nifty was trading at 25,101 down by 21 points at the time of writing.

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

The BSE MidCap index ended 1.1% higher and BSE SmallCap index ended 1.2% higher.

Sectoral indices were trading mixed with socks in realty sector and power sector witnessing buying. Meanwhile stocks in FMCG and energy sector witnessed selling pressure.

Page Industries, Trent and Coforge hit their respective 52-week highs 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...

The rupee is trading at 83.96 against the US$.

Gold prices for the latest contract on MCX are trading flat at Rs 75,169 per 10 grams.

Meanwhile, silver prices were trading 0.7% higher at Rs 89,390 per 1 kg.

Speaking of the stock market, the aggressive expansion plans of the retailing sector players are not without reason. The sector is witnessing strong growth driven by increased urbanization and demand for organised and high-quality retail spaces.

This is fuelled by the rising demand for big brands thanks to their reach on social media.

This highlights India's emergence as a key player in the global retail market.

Research Analyst, Tanushree Banerjee in her latest video talks about, can top retailing stocks like Trent continue to fetch steep valuations? Find out.

Tune in for more

Why Premier Energies Share Price is Rising

In news from the electronics manufacturing sector, shares of Premier Energies saw a sharp uptick after rallying 7% to Rs 1,085 after it announced a significant step forward in its renewable energy efforts.

The company's subsidiary, Premier Energies International, has finalized a solar module supply agreement with BN Hybrid Power-1, a special-purpose vehicle under BrightNight India.

As part of this agreement, Premier Energies will deliver 173.35 MWp of advanced n-type TOPCon bifacial solar modules for BrightNight's ambitious 300 MW renewable power project.

This project aims to create a firm and dispatchable energy supply through a combination of solar, wind, and energy storage technologies, and it will be based in the Barmer district of Rajasthan.

The first shipment of these modules is set to begin in July 2025. This partnership underscores Premier Energies' commitment to expanding its footprint in the renewable energy sector and highlights the growing demand for innovative solar solutions in India.

Last month, the Uttar Pradesh Department of Agriculture awarded a contract to Premier Energies relating to the supply, installation, and commissioning of 8,085 solar water pumping systems across various districts in the state, with a comprehensive 5-year warranty. The order is set to be completed by March 2025.

SpiceJet Jumps 7%. Here's Why

Moving on to news from the airline sector, SpiceJet and Irish aircraft lessor Babcock & Brown Aircraft Management have settled their dispute worth US$ 131.85 million, said the airline on Wednesday. This comes after the airline last month raised Rs 30 BN through a QIP.

SpiceJet has achieved a significant financial milestone with the amicable settlement of its dispute with its the lessors, Horizon Aviation 1 Ltd., Horizon II Aviation 3 Ltd., and Horizon III Aviation 2 Ltd., which are the lessors under the management of Babcock & Brown Aircraft Management (BBAM).

The dispute, valued in aggregate at US$ 131.9 m (approximately Rs 11.1 bn) with aforesaid lessors has been resolved for US$ 22.5 m.

This settlement comes on the heels of SpiceJet's successful resolution of a dispute with Engine Lease Finance Corporation (ELFC) on 24 September, which had claimed US$ 16.7 m.

The airline on Tuesday announced it will expand its fleet by adding 10 more planes by November-end. Seven of these aircraft will be acquired on lease, while three previously grounded SpiceJet planes are being reintroduced into service.

Easy Trip Planners to Consider Bonus Issue

Moving on to news from the travel and tourism sector, the Easy Trip Planners board will consider the issue of bonus shares in its upcoming board meeting.

A meeting of the board of directors is scheduled to take place on Monday, October 14 to consider and approve the bonus shares, the company said in an exchange filing today.

The company last declared a bonus issue in the ratio of 3:1 in November 2022.

In the last week of September, a block deal involving shares worth Rs 176.5 m took place on the exchanges. Around 46 m shares, representing a 2.6% stake in EaseMyTrip changed hands at a floor price of Rs 38 apiece.

Earlier, the company announced venturing into the electric bus manufacturing market through its new subsidiary, Easy Green Mobility. Easy Green Mobility will manufacture EV buses, with YoloBus (another subsidiary of EaseMyTrip) serving as its operating arm.

The company aims to tap into the sustainable mobility segment.

The company was in the news in January this year, after it suspended flight bookings to Maldives amid the boycott trend following derogatory remarks by some Maldives ministers against PM Narendra Modi over his visit to Lakshadweep.

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