The Nifty traded above the 25,050 mark. IT, private bank and healthcare shares advanced, while metal, media and FMCG shares corrected.
At 13:30 IST, the barometer index, the S&P BSE Sensex advanced 596.33 points or 0.74% to 81,803.55. The Nifty 50 index gained 182.90 points or 0.73% to 25,080.50.
In the broader market, the S&P BSE Mid-Cap index rose 0.31% and the S&P BSE Small-Cap index fell 0.29%.
The market breadth was negative. On the BSE, 1,783 shares rose and 2,350 shares fell. A total of 204 shares were unchanged.
Gainers & Losers:
Max Healthcare (up 5.97%), Shriram Finance (up 4.07%), Kotak Mahindra Bank (up 2.49%), Apollo Hospitals Enterprise (up 2.46%) and Axis Bank (up 2.43%) were the major Nifty50 gainers.
Tata Steel (down 1.75%), Adani Ports and Special Economic (down 1.42%), NTPC (down 1.11%), Tata Motors (down 1.10%) and Power Grid Corporation of India (down 1.04%) were the major Nifty50 losers.
Economy:
The seasonally adjusted HSBC India Services PMI Business Activity Index stood at 60.9 in September 2025 as against 62.9 in August, however, the latest figure showed a loss of growth momentum.
The HSBC India Composite PMI Output Index slipped from 63.2 in August to 61.0, indicating the weakest rate of expansion since June. India's private sector continued to experience robust growth, but there were softer increases in new orders, international sales, business activity and employment during September.
Stocks in Spotlight:
HDFC Bank added 1.20% after the bank announced its financial performance for the quarter ended 30 September 2025, reporting steady growth in advances and deposits. The bank's average advances under management (including inter-bank participation certificates, bills rediscounted, and securitisation/assignment) stood at Rs 27,94,600 crore for the September 2025 quarter, up approximately 9% from Rs 25,63,900 crore in the same quarter last year. This also marks a 1.9% increase over Rs 27,42,300 crore recorded in the June 2025 quarter.
Ujjivan Small Finance Bank rose 0.93%. The Bank said that its total deposits climbed 14.8% year-on-year and 1.2% sequentially to Rs 39,101 crore, supported by a sharp 22.1% rise in CASA deposits to Rs 10,782 crore. Consequently, the CASA ratio improved to 27.6% from 25.9% a year ago, reflecting stronger retail traction. The credit-to-deposit ratio inched up to 88% in September 2025, compared with 87% in September 2024 and 86% in June 2025.
Bank of Maharashtra gained 1.35% after the bank reported a 12.13% year-on-year (YoY) increase in total deposits to Rs 3,09,800 crore as of 30th September 2025, compared with Rs 2,76,289 crore as of 30th September 2024.
Bandhan Bank shed 0.78%. The bank has reported 7.2% rise in loans & advances to Rs 140,062 crore as on 30 September 2025 from Rs 130,649 crore as on 30 September 2024.
Jubilant FoodWorks declined 1.34%. The company's consolidated revenue from operations was at Rs 2,340.4 crore in Q2 FY26, marking a 19.7% year-on-year (YoY) jump.
JTL Industries fell 2.32% after the company said that it has recorded sales volume of 81,593 MT in Q2 FY26, which is lower by 20.93% as compared with sales volume of 103,193 MT in Q2 FY25.
Force Motors slipped 2.46%. The company said that its domestic sales jumped 1.51% to 2,486 units in September 2025, as against 2,449 units sold in September 2024.
AGI Infra added 0.94%. The company announced the launch of a new group housing residential project named Prestige by AGI, which is situated at Village Pholriwal, Jalandhar, Punjab.
Krystal Integrated Services (KISL) rallied 3.02% after the company has secured twin contracts worth approximately Rs 157 crore from the Directorate of Education, Government of NCT of Delhi.
Poonawalla Fincorp advanced 2.43% after the non-banking finance company reported a stellar rise in its assets under management (AUM) for the September 2025 quarter.
Global Markets:
European market declined after France's Prime Minister Sebastien Lecornu has resigned from his position just weeks after being appointed, creating a new political crisis in the country.
Japanese markets surged on Monday even as their Asian counterparts traded mixed on Monday. Markets in China and South Korea were closed for holidays.
The Nikkei 225 index, which the barometer index of the Tokyo Stock Exchange (TSE), jumped over 4% to hit a record high Monday after the country's ruling Liberal Democratic Party elected staunch conservative Sanae Takaichi as its new leader Saturday, positioning her to become the country's first female prime minister.
Given the government's economic policy of a 'high-pressure economy,' Takaichi is likely to ask the Bank of Japan to maintain its accommodative monetary policy, media report said. They further said that she would be open to a 25-basis-point rate hike by the BOJ by January 2026.
Last Friday in the U.S., the three major averages closed higher. The S&P 500 retreated from a record on Friday but held on to solid weekly gains despite a U.S. government shutdown dragging on for a third day, ticking up just 0.01% at 6,715.79.
The Nasdaq Composite declined 0.28% to settle at 22,780.51. The Dow Jones Industrial Average outperformed, trading higher by 238.56 points, or 0.51%, to finish at 46,758.28. The Russell 2000 also popped 0.72% to close at 2,476.18.
Powered by Capital Market - Live News