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Sensex Today | Stock Market LIVE Updates: Nifty may open above 24,700; BEL in focus after ₹30,000 cr tender

Published on 29/09/2025 08:58 AM

Sudarshan Sukhani, Technical Trends

Buy RBL Bank with a stop loss of ₹266

Buy Infosys with a stop loss of ₹1,400

Sell JSW Energy with a stop loss of ₹531

Sell RVNL with a stop loss of ₹346

Mitessh Thakkar, Bonanza Portfolio

Buy Larsen and Toubro for a target price of ₹3,820-3,830 with a stop loss of ₹3,685

Buy HPCL for a target price of ₹435 with a stop loss of ₹416

Sell Biocon for a target price of ₹324 with a stop loss of ₹345

Sell 360 One Wam for a target price of ₹960 with a stop loss of ₹1,022-1,023

Rupee opens at 88.66/$ versus Friday’s close of 88.72/$.

ANI: Indian Army issues ₹30,000 Cr tender to BEL for buying QRSAM air defence missile systems

 

 

 

MOSL on Bharat Electronics

 

Buy, Target Price ₹490 (+24%)

 

Along with this order, also expect BEL to benefit from orders for:

 

Expect these orders to help BEL sustain 15-17% revenue growth over the next 5- 7 years

Expect a sales/EBITDA/PAT CAGR of 18%/17%/17% over FY25-28

Also expect the award of missiles for QRSAM to flow through to Bharat Dynamics (BDL)

Sunteck Realty has launched a new invitation-only brand, Emaance, aimed at redefining ultra-luxury living. Chairman Kamal Khetan described it as a vision that elevates not just residences but life itself, creating a unique category for the rarest clientele. here

Sony Financial Group Inc. shares opened 37% above the reference price in their Tokyo debut following a spinoff from Sony Group Corp. The reference price was ¥150, giving a market cap of about ¥1 trillion ($6.7 billion), while shares opened at ¥205 and rose to ¥210 on the first trading day. here

Shares of Hindustan Unilever Ltd. will be in focus on September 29 after the company reported that its consolidated business growth for the September quarter is expected to be flat to low single digits year-on-year. here

Ridham Desai – Morgan Stanley

We expect earnings to beat in the next couple of quarters, the RBI to remain dovish, more reforms from the government, and a likely trade deal with the US. The year-to-date underperformance makes a potential rally a significant pain trade for foreign investors.

Here’s a list of stocks in focus going into trade today.

Shares of Azad Engineering Ltd. will be in focus on September 29 after the company announced a $73.47 million (₹651 crore) long-term contract and pricing agreement with Japan’s Mitsubishi Heavy Industries for supplying complex airfoils for gas and thermal power turbines. here

Ed Yardeni, President, Yardeni Research On CNBC-TV18

Here’s a list of stocks in focus going into trade today.

A cautious approach ahead of a significant Chinese holiday that will close mainland markets for a week on Wednesday caused iron ore prices to fall.

After falling 2.8% last week, futures in Singapore dropped to $103 a tonne, the lowest level since early September. The staple used to make steel may see a decrease in demand over Golden Week.

 

Here’s how the global market cues are placed this morning.

As ex-dividend stocks put pressure on benchmarks and investors grew wary ahead of the ruling Liberal Democratic Party’s leadership poll, Japanese stocks fell Monday.

As of 10:38 a.m., the Topix Index had dropped 1.7% to 3,134.27. Time in Tokyo

277 of the 1,673 stocks increased, 1,363 declined, and 33 remained unchanged.

 

BoFA Sec on L&T

MS on IndusInd Bank

Nuvama on JSPL

HSBC on Pharma

Jefferies on Pharma

MS on HUL

CLSA on Payments

Power Grid Corporation of India has approved two infrastructure projects worth ₹705.51 crore to improve national grid operations and disaster preparedness. The initiatives were cleared by the company’s Committee of Directors on Investment on Projects on September 26. here

CLSA on Steel

BoFA Sec on Delhivery

BofA Sec on USL

MS on OMCs

Crisil Intelligence said in its September report that high US tariffs on Indian goods could hinder exports and investments, posing a risk to India’s growth. However, domestic consumption, supported by low inflation and rate cuts, is expected to bolster growth. here

JPM on OMCs

Relief For JLR?

Reports

 

Jaguar Land Rover

Jaguar Land Rover

Production pause continues till October 1

 

Tata Motors: Stock Action

-Bucked the trend on Friday after 5% fall in two sessions

WeWork India has set a price band of ₹615–₹648 for its IPO, opening on October 3. The company aims to raise ₹2,847–₹3,000 crore through a pure offer-for-sale, with no fresh shares being issued. here

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