Sensex Today Ends 73 Points Lower | Nifty Below 24,800 | Bajaj Auto Jumps 4%, Ola Electric Tanks 6%

Mon, 21 Oct Closing

   Previous Close   

   Pre-Open   

   10:30 am   

After opening the day lower, Indian benchmark indices continued the downtrend as the session progressed and ended the day on negative note.

India stock markets traded under pressure on Monday as investors continued to book profit at higher levels amid the ongoing Q2 earnings season. Despite a near 3-per cent surge in HDFC Bank share price, benchmark BSE Sensex and NSE Nifty50 indices closed in the negative territory today.

At the closing bell, the BSE Sensex stood lower by 73 points (down 0.1%).

Meanwhile, the NSE Nifty closed lower by 73 points (down 0.3%).

HDFC Bank, Bajaj Auto and M&M among the top gainers today.

BPCL, Bajaj Finserv and Kotak Mahindra on the other hand, were among the top losers today.

The GIFT Nifty was trading at 24,772 down by 119 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 1.6% lower and BSE SmallCap index ended 1.5% lower.

Barring auto sector all other sectoral indices were trading on negative note with socks in oil & gas sector and realty sector witnessed selling pressure.

Dixon Technologies, HCL Technologies and Tech Manhindra 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 84.07 against the US$.

Gold prices for the latest contract on MCX are trading 0.7% higher at Rs 78,275 per 10 grams.

Meanwhile, silver prices were trading 2.7% higher at Rs 97,963 per 1 kg.

Speaking of the stock market, turnaround stocks can be a goldmine, but finding the right ones can be tricky.

In this video, Rahul Shah, Co-head of research at Equitymaster shares his strategy for identifying 'good' turnaround stocks and avoiding the 'bad' ones.

Plus, he reveals 3 picks that you can keep on your watchlist.

Watch now.

Why Tejas Networks Share Price is Rising

In news from the telecom sector, shares of Tejas Networks are sharply higher by 10% in early trade on October 21, after a robust seven-fold topline growth, powered by the expansion of 4G business.

The management said it is very confident of the upcoming opportunities and shared details of projects for which it is aiming to bid or contracts are underway.

On QoQ basis, Tejas Networks' net profit has grown by 250%, while revenue rose by 80% compared to the previous quarter. EBIT margin for Q2FY25 came in at 16.3%, and the order book stood at Rs 4,845 crore at the end of the September quarter.

The ramp-up for BSNL's pan-India network has contributed to the massive growth in the quarterly revenue, said Tejas Networks, adding that its wireless business has received additional orders for 4G sites in a few circles. There is a Proof of Concept as well underway for the 5G upgrade in the 4G band for BSNL, as part of the existing tender.

The company said it sees large opportunities in several categories of business, including wireless and wireline network expansion the world over.

CG Power to Raise Fund

CG Power and Industrial Solutions Ltd said on Monday, 21 October that the company's board has approved raising up to Rs 35 bn via the issue of equity shares in a qualified institutional placement (QIP).

The proposed fundraising will be subject to necessary regulatory and shareholder approvals. This capital raise is aimed at supporting CG Power's growth and operational plans, with the exact number of securities to be determined at a later stage.

CG Power and Industrial Solutions Ltd. (formerly Crompton Greaves) operates in the power transmission and distribution sector.

The company is a key player in manufacturing and supplying products and solutions for electrical equipment, including transformers, switchgear, and circuit breakers, which are vital components in power transmission and distribution networks.

MRO-Tek Realty Jumps 5%. Here's why

Moving on to news from the realty sector, Telecommunications equipment supplier MRO-Tek Realty shares rose up to 4.6%.

The surge in MRO-Tek share price came after the company announced that it has secured a land parcel in Candolim, North Goa, marking a major step in its strategic expansion into the real estate sector.

The acquisition, MRO-Tek said, aligns with its vision to enhance the company's real estate activities and capitalise on the growing demand for quality properties in this vibrant region.

Furthermore, the company is now in the process of proceeding with plan approval from the relevant authorities, aiming to develop a project that embodies excellence and innovation and growth in business.

Established in 1984, MRO-Tek Realty is a versatile company that engages in manufacturing, supplying, and distributing advanced access and networking equipment and solutions.

With a focus on high-performance technologies, the company offers a comprehensive portfolio that includes 4G/LTE wireless systems, DWDM, IoT sensors, and a range of customer premises equipment.

Additionally, MRO-Tek is recognised as an original equipment manufacturer (OEM) for carrier-grade networking products, catering to the demands of various sectors.

Beyond its core networking solutions, MRO-Tek Realty Ltd has diversified into real estate, enhancing its business footprint.

The company's services encompass turnkey IT telecom projects, homeland security solutions, unmanned aerial vehicles, and innovative technologies such as big data and machine learning.

With expertise in legacy networks, SD-WAN, cloud-managed services, and electronic manufacturing, MRO-Tek serves a wide array of industries, including telecommunications, finance, defence, and healthcare.

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