More Stories

Informist, Thursday, Oct. 30, 2025

 

By Akash Mandal

 

MUMBAI – Benchmark indices ended lower Thursday as investors booked profits at higher levels achieved in the previous session, with banking and financial services stocks being the biggest drag. The Nifty 50 fell below the 26000 level a day after it had ended above the psychologically crucial level for the first time since September 2024. 

 

The Nifty 50 ended at 25877.85 points, down 176.05 points or 0.7%. Despite staying in the red for the entire session, the Nifty 50 managed to broadly hold on to the 25850 level, which analysts are now pegging as the next crucial support level. At its lowest, the Nifty 50 fell to 25845.25 points. The BSE Sensex closed at 84404.46 points, down 592.67 points or 0.7%. 

 

Shares of Dr. Reddy's Laboratories plunged 6% to an over five-month low at its intraday low after the company's plans to launch the Semaglutide injection in Canada were delayed due to regulatory issues. Brokerages see this as a significant downside risk for the company's earnings in 2026-27 (Apr-Mar), when Semaglutide was expected to drive earnings growth. Morgan Stanley said it expects the generic version of the drug to rack up $198 million in sales in Canada, which is likely to account for 5% of the company's estimated total revenue in FY27.  More

 

Cipla declined nearly 3?ter the company said its Managing Director and Group Chief Executive Officer Umang Vohra will step down from his position from Apr. 1. On the other hand, Coal India rose 1.5% and was the top gainer in the Nifty 50 after its revenue for the reporting quarter beat analysts' estimates despite missing expectations on most other metrics. Larsen & Toubro ended nearly 1% higher after reporting strong second-quarter financial performance, with brokerages positive on the company's order inflows.

 

Most broader market indices ended lower but were more resilient than the benchmark indices. Barring Nifty Realty, which ended flat, all other sectoral indices ended in the red. The Nifty Financial Services, which ended nearly 1% lower, was the worst-hit among sectoral indices. 

 

Among other stocks, PB Fintech ended the session 7% higher, the top gainer in the Nifty 200, after its profit surged 166% on year in the September quarter. Brokerages also noted that the company's management remains "unfazed" by a commission cut resulting from a change in the GST structure, as it continues to add quality clients. Bharat Heavy Electricals hit a three-month high and ended over 6% higher after a strong second quarter as brokerages were positive on the company's outlook due to low-margin projects nearing completion, which would improve margins in 2026-27 (Apr-Mar). 

 

Aditya Birla Capital, which was broadly trading flat, ended the session over 5% higher after the company announced its earnings for the quarter. Sagility gained over 7?ter its profit and revenue for the quarter grew robustly sequentially. Canara Bank closed over 3% higher after its net profit rose 19% on year in the quarter. The stock was flat ahead of its earnings. 

 

Chennai Petroleum Corp. ended over 9% higher and was the top gainer in the Nifty 500 a day after reporting a net profit of INR 7.19 bln in the reporting quarter against a loss a year ago. The stock had closed 4% lower on Wednesday. 

 

Vodafone Idea, which had plunged over 12% at its intraday low, recovered some of the fall but still ended 7% lower, making it the worst hit in both the Nifty 200 and Nifty 500. This comes after the Supreme Court's written order on the company's plea to quash the additional adjusted gross revenue led to confusion. The court had allowed the government to reconsider the telecom company's adjusted gross revenue dues, but the written order on Thursday stated that it quashes only the additional AGR demand, not the penalty and interest on the penalty that the company had earlier appealed against, according to media reports.

 

LIC Housing Finance closed 4% lower after muted on-year profit growth in the reporting quarter due to a surge in provisions. Coromandel International ended nearly 4% lower despite its top line and bottom line both beating the Street's view. The company's operating margin came in at 12%, down from 13% in the corresponding quarter last year. 

 

* Of the Nifty 50 stocks, 12 rose and 38 fell
* Of the Sensex stocks, 7 rose and 23 fell

* On the NSE, 1,320 stocks rose, 1,745 fell, and 113 were unchanged

* On the BSE, 1,876 stocks rose, 2,291 fell, and 164 were unchanged

* Nifty Realty: up 0.04%; Nifty Consumer Durable: down 0.1%; Nifty Financial Services: down 0.8%

---

BSE                                                NSE

Sensex: 84404.46, down 592.67 points or 0.7%       Nifty 50: 25877.85, down 176.05 points or 0.7%

---

S&P BSE Sensitive Index	Nifty 50
Lifetime High: 85978.25 (Sept. 27, 2024)	: Lifetime High: 26277.35 (Sept. 27, 2024)
Record Close High: 85836.12 (Sept. 26, 2024)	: Record Close High: 26216.05 (Sept. 26, 2024)
2025 1st day close: 78507.41 (Jan. 1)	: 2025 1st day close: 23742.90 (Jan. 1)
2025 Closing High: 84997.13 (Oct. 29)	: 2025 Closing High: 26053.90 (Oct. 29)
2025 Closing Low: 72989.93 (Mar. 4)	: 2025 Closing Low: 22082.65 (Mar. 4)
2025 High (intraday): 85290.06 (Oct. 23)	: 2025 High (intraday): 26104.20 (Oct.23)
2025 Low (intraday): 71425.01 (Apr. 7)	: 2025 Low (intraday): 21743.65 (Apr. 7)
2024 1st day close: 72271.94 (Jan. 1)	: 2024 1st day close: 21741.90 (Jan. 1)
2024 Closing High: 85836.12 (Sept. 26)	: 2024 Closing High: 26216.05 (Sept. 26)
2024 Closing Low: 70370.55 (Jan. 23)	: 2024 Closing Low: 21238.80 (Jan. 23)
2024 High (intraday): 85978.25 (Sep. 27)	: 2024 High (intraday): 26277.35 (Sept. 27)
2024 Low (intraday): 70001.60 (Jan. 24)	: 2024 Low (intraday): 21137.20 (Jan. 24)
2023 1st day close: 61167.79 (Jan. 2)	: 2023 1st day close: 18197.45 (Jan. 2)
2023 Closing High: 72410.38 (Dec. 28)	: 2023 Closing High: 21778.70 (Dec. 28)
2023 Closing Low: 59288.35 (Feb. 27)	: 2023 Closing Low: 17311.80 (Oct. 17)
2023 High (intraday): 72484.34 (Dec. 28)	: 2023 High (intraday): 21801.45 (Dec. 28)
2023 Low (intraday): 58699.20 (Jan. 30)	: 2023 Low (intraday): 17098.55 (Jan. 17)
2022 1st day close: 59183.22 (Jan. 3)	: 2022 1st day close: 17625.70 (Jan. 3)
2022 Closing High: 63284.19 (Dec. 1)	: 2022 Closing High: 18812.50 (Dec. 1)
2022 Closing Low: 51360.42 (Jun. 17)	: 2022 Closing Low: 15293.50 (Jun. 17)
2022 High (intraday): 63583.07 (Dec. 1)	: 2022 High (intraday): 18887.60 (Dec. 1)
2022 Low (intraday): 50921.22 (Jun. 17)	: 2022 Low (intraday): 15183.40 (Jun. 17)
2021 Closing High: 61305.95 (Oct. 14)	: 2021 Closing High: 18338.55 (Oct. 14)
2021 Closing Low: 46285.77 (Jan. 29)	: 2021 Closing Low: 13634.60 (Jan. 29)
2021 High (intraday): 61353.25 (Oct. 14)	: 2021 High (intraday): 18350.75 (Oct. 14)
2021 Low (intraday): 46160.46 (Jan. 29)	: 2021 Low (intraday): 13596.75 (Jan. 29)
2020 Closing High: 47751.33 (Dec. 31)	: 2020 Closing High: 13981.95 (Dec. 30)
2020 Closing Low: 25981.24 (Mar. 23)	: 2020 Closing Low: 7610.25 (Mar. 23)
2020 High (intraday): 47896.97 (Dec. 31)	: 2020 High (intraday): 14024.85 (Dec. 31)
2020 Low (intraday): 25638.90 (Mar. 24)	: 2020 Low (intraday): 7511.10 (Mar. 24)
2019 High (intraday): 41809.96 (Dec. 20)	: 2019 High (intraday): 12293.90 (Dec. 20)
2019 Low (intraday): 35287.16 (Feb. 19)	: 2019 Low (intraday): 10583.65 (Jan. 29)
2018 High (intraday): 38938.91(Aug. 28))	: 2018 High(intraday): 11760.20 (Aug. 28)
2018 Low (intraday): 32483.8 (Mar. 23)	: 2018 Low (intraday): 9951.9 (Mar. 23)
2017 High (intraday): 34005.37 (Dec. 26)	: 2017 High(intraday): 10515.10 (Dec. 26)

 

End

 

US$1 = INR 88.70

 

Edited by Saji George Titus

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.