Sensex Today | Stock Market Highlights: Market ends higher led by IT, Nifty near 25,200

You can follow us on Twitter: @CNBCTV18Live @CNBCTV18News

And on Facebook, LinkedIn, Instagram and TelegramMARKET AT CLOSEMarket Ends Higher Led By IT, Nifty Near 25,200IT Stocks See Buying Ahead Of TCS Results, Sectoral Index Up 1%Market Breadth Favours Advances Following Broad-based BuyingSensex Rises 398 Points To 82,172 & Nifty 136 Points To 25,182Nifty Bank Gains 174 Points To 56,192 & Midcap Index 563 Points To 58,430Metal Names Extend Gains As Prices Firm Globally, Nifty Metal Up 2%TCS Ends The Session At Day’s High Ahead Of Its Results, Up 1%Insurance Stocks Rise Ahead Of Monthly Data, SBI Life Is Top GainerPharma Sees Relief Rally On Generic Exclusion From Tariff, Aurobindo Up 4%Capital Mkt Shrs Surge Tracking Rpts On Derivative Consultation Paper, BSE Up 4%Prestige Estates Reports A Strong Quarterly Update, Stock Ends 5% HigherHind Copper Moves 6% Higher On Positive Development w.r.t GlencoreInfo Edge Falls 2% After Co Repots Standalone Billing Growth Of 12% In Q2Airline Stock See A Big Buying, SpiceJet Surges 16%, IndiGo Up 2%GM Breweries Surges 19% After A Strong Set Of Results In Q2

The Indian stock market has stopped trading as at 3:30 pm IST.

“Metals have been doing pretty well, and most of them are at all-time highs. But we do expect this momentum to continue for the balance of FY26, that is second half. Because activities have been picking up quite well in the domestic front, and the government of India has safeguarded domestic metal companies as well from dumping of steel and other ferrous products. So, I think both non-ferrous as well as ferrous is likely to do well. Copper prices are already running quite high. And if you are playing the Vedanta group, through Hindustan Zinc, then silver prices are quite high. Though the numbers reported for the last month was not that high, because of the production were not to that extent. But I think they are likely to catch up. So, in the entire metal space, the top three pick, which we have been focusing on, one is the Hindustan Zinc, because of its silver and lead play. At the same time, we are focusing Hindalco for copper, aluminium and other metal plays. And the third is JSW Steel, purely from the domestic consumption point of view. So, all these three, though expensive, on a 10-year map, if you look at it they are almost nearing their plus one standard deviation kind of a PE multiple. But extension of the same is likely to be there in place going forward into the rest of the year. So, 10-15% kind of an upside from here till March is likely on the cards.”

Forms Strategic Partnership Program To Expand Reach Of Its Long-acting Injectable Platform

IT Sector Margin Could Surprise On The Upside

For IT Co’s Don’t Think There Is Any Valuation Downside On These Levels

Valuations Are High For Consumer Staples, Growth Acceleration Expected In Q3 &Q4 Due To GST Cuts

Higher Growth Upside Expected For Consumer Discretionary

Gold Cos Rev Growth Will Be Driven By Value Growth

Mahindra & Mahindra (M&M) has denied reports suggesting a demerger of its automotive and tractor divisions. In a statement to stock exchanges, the company said there are “no plans for a demerger of the Auto and Tractor businesses”, adding that it sees greater value in keeping the businesses together.

The clarification follows a report claiming the Mahindra Group was considering separating its tractors, passenger vehicles, and truck units into independent entities.

Know More Here

UK Govt announces new £350 million (₹4,154 cr) Defence deal with India

CAMS’ payment aggregator arm, CAMSPAY, has launched UPI Offline Plus, a solution designed to enable offline UPI payments, expanding digital payment options for merchants and consumers.

CAMS says UPI Offline Plus offers a comprehensive set of tools to simplify and speed up payment acceptance for merchants.

JM Financial On TCS Expectations

MRF Ltd has entered into a power supply and consumption agreement with Serentica Renewables India.

Uno Minda Ltd slipped in trade on Thursday, falling over 4%

Panacea Biotec Ltd has received a government order worth ₹127.20 crore from the Central Medical Services Society (CMSS) under the Ministry of Health and Family Welfare.

The order is for the supply of bivalent oral polio vaccine (bOPV) and will be delivered in multiple tranches over 90 to 480 days from the Letter of Acceptance (LOA) issued on October 8.

CMSS, an autonomous body under the Ministry, manages drug procurement and distribution for government health programs, including polio initiatives, helping India maintain its polio-free status certified by the WHO in 2014.

Learn More HereLG Electronics India’s IPO has emerged as the second-most subscribed large Indian IPO as bidding continues on the final day of its three-day offering.The ₹11,607 crore IPO, the third-biggest of 2025 after HDB Financial and Tata Capital, saw strong investor interest, with full subscription achieved on the first day and further oversubscription on the second day.Large IPOs are defined as those worth ₹10,000 crore or more, and LG Electronics India’s strong response highlights robust market demand.

Click here for more detailsAmisha Vora, Chairperson & MD of PL Capital, highlighted key investment opportunities across sectors.Somil Mehta of Mirae Asset Sharekhan recommends the following trades:

Reliance Cons Pdts To CNBC-TV18

KPI Green Energy Ltd.’s subsidiary has received a Letter of Award (LoA) for a 100 MW solar power project.

Reliance Cons Pdts To CNBC-TV18

M&M clarifies to ET’s report, says no plan for a demerger of Auto & Tractor businesses.

Sterlite Technologies signs MoU with QuNu Labs to strengthen R&D capabilities in quantum communications over optical fibre

All trustees of TataTrusts have had time to reflect on the events of the past few days, confident that the deliberations of the last few days will lead to a harmonious working relationship.

Pieter Elbers, IndiGo To CNBC-TV18

The Nifty Midcap 100 index is trading with gains of over 400 points.

At the Global Fintech Festival (GFF) 2025, the Reserve Bank of India (RBI) presented a number of new UPI-focused projects that are intended to make digital payments easier, faster, and more intelligent for regular consumers.

The new products, which provide useful solutions for payments, credit management, and smooth transactions, include AI-based UPI HELP, IoT Payments with UPI, Banking Connect, and UPI Reserve Pay.

JPMorgan On The Upgrade

According to KV Kamath, Chairman of Jio Financial Services, the Reserve Bank of India’s (RBI) regulatory framework has continuously changed to reflect the shifting economic landscape, opening up new options for banks.

“In my 55 years in business, I have not seen the RBI take its eye off the ball. Every five years, I have seen an evolution in how they look at what they need to do in the context of the economy,” he said.

Gallant Ispat | To Set Up Solar Power Plant With An Annual Capacity Of 62.5-80 MW

Vascon Engineering Ltd. has received a Letter of Intent (LoI) for a redevelopment project worth ₹162 crore in Mahalaxmi, Mumbai.