The domestic equity benchmarks traded with decent gains in the afternoon trade, supported by healthy second-quarter corporate earnings. Market participants now look forward to trade data while keeping an eye on global developments. The Nifty hovered above the 25,950 mark.
Barring Metal index all the sectoral indices on the NSE were traded in green.
At 13:25 IST, the barometer index, the S&P BSE Sensex, gained 252.04 points or 0.30% to 84,814.82. The Nifty 50 index rose 65.75 points or 0.25% to 25,975.80. The Nifty Bank index hit a record high of 58,979.85 in morning trade.
The broader market outperformed frontline indices. The S&P BSE Mid-Cap index jumped 0.60% and the S&P BSE Small-Cap index rallied 0.57%.
The market breadth was almost even. On the BSE, 2,081 shares rose and 2,087 shares fell. A total of 244 shares were unchanged.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, fell 1.23% to 12.01.
Gainers & Losers:
Tata Consumer Products (up 1.74%), Bajaj Auto (up 1.62%), Shriram Finance (up 1.43%), Eicher Motors (up 1.37%) and Mahindra & Mahindra (M&M) (up 1.20%) were the major Nifty50 gainers.
Tata Motors PV (down 4.46%), Ultratech Cement (down 0.88%), HDFC Life Insurance (down 0.85%), Tata Steel (down 0.69%) and Bharat Electronics (down 0.68%) were the major Nifty50 losers.
Tata Motors Passenger Vehicles (TMPV) declined 4.46%. The company announced its financial results for the September quarter (Q2 FY26), driven by a one-time gain related to the demerger of the commercial vehicles unit. On a consolidated basis, TMPV reported a 2,110% surge in net profit to Rs 76,170 crore in Q2 FY26, compared with Rs 3,446 crore in Q2 FY25, led by exceptional gains of Rs 82,616 crore from the disposal of discontinued operations. Revenue from operations declined 13.4% YoY to Rs 71,714 crore.
Stocks in Spotlight:
Kotak Mahindra Bank advanced 1.31% after the bank’s board is scheduled to meet on Friday, 21 November 2025, to consider a proposal for sub-division (split) of its existing fully paid-up equity shares having face value of Rs 5 each.
Glenmark Pharmaceuticals shed 0.69% after the company reported a 72.3% jump in consolidated net profit to Rs 610.25 crore on 76.6% increase in revenue from operations to Rs 6,003.79 crore in Q2 FY25.
Siemens rallied 4.35% after the company posted a stable Q4 FY2025 performance. The company reported a 16% year-on-year rise in revenue to Rs 5,171 crore in Q4 FY25, supported by strong traction in the Mobility and Smart Infrastructure segments. Profit after tax came in at Rs 485 crore, 7.1% lower than the Rs 523 crore reported in Q4 FY24 as the base quarter had benefited from a one-time Rs 69 crore gain from a property sale.
SKF India added 2.68% after the firm reported a 11.99% increase in consolidated net profit to Rs 105.49 crore in Q2 FY26 as against Rs 94.19 crore posted in Q2 FY25. Revenue from operations jumped 5.21% year on year to Rs 1,309.06 crore in the quarter ended 30 September 2025.
Narayana Hrudayalaya surged 10.53% after the company reported a 30.1% rise in consolidated net profit to Rs 258.37 crore on a 20.3% increase in revenue from operations to Rs 1,643.79 crore in Q2 FY26 over Q2 FY25.
Allcargo Logistics jumped 4.97%. The company reported consolidated net loss of Rs 4 crore in Q2 FY26 compared with net profit of Rs 17 crore in Q2 FY25. Total income jumped 12.47% year on year (YoY) to Rs 550 crore in the quarter ended 30 September 2025.
India Glycols rallied 7.87% after the company’s consolidated net profit jumped 30.9% to Rs 65.06 crore on 13.6% increase in revenue from operations (excluding excise duty) to Rs 1092.20 crore in Q2 Sept 2025 over Q2 Sept 2024.
Global Markets:
European market advanced as investors looking ahead to earnings from AI favourite, Nvidia.
Most Asian markets declined on Monday as investors weighed escalating tensions between Japan and China, following Beijing’s advisory cautioning its citizens about travelling to or studying in Japan.
The rising feud between the countries over Taiwan resulted in significant selling in Japan’s tourism and retail stocks today. China has consistently ranked among the top sources of tourists visiting Japan.
The escalation came after comments this month by Prime Minister Sanae Takaichi of Japan about Taiwan, a self-governed democracy that China considers part of its territory. Ms. Takaichi told the Japanese Parliament that a hypothetical Chinese attack on Taiwan could trigger a military response from Tokyo.
On Friday, the Chinese Embassy in Tokyo warned its citizens against traveling to Japan because of what it described as serious safety risks. China did not provide evidence, but the warning could affect an important part of Japan’s tourism economy.
Japan's Prime Minister Sanae Takaichi, who has been a vocal critic of China and its military activities in the region, suggested this month Tokyo could take military action if Beijing attacked Taiwan.
Thailand Gross domestic product in the three months through September rose 1.2% from a year earlier, the National Economic and Social Development Council said on Monday. The economy shrank 0.6% from the second quarter. Its first drop in quarterly output since the end of 2022 and is the deepest decrease since mid-2021.
Singapore recorded a trade surplus of $7.24 billion in October of 2025 compared with $5.689 billion in September 2025.
Traders also monitored key regional data, including Thailand’s Q3 GDP report and Singapore’s latest trade balance numbers.
In the U.S. on Friday, the Nasdaq Composite staged a modest recovery as buyers returned to major tech names after the sector had driven Wall Street to its sharpest decline in over a month the previous session.
The tech-heavy Nasdaq gained 0.13% to finish at 22,900.59, snapping a three-day losing streak. The S&P 500 finished near the flatline, down just 0.05% at 6,734.11, while the Dow Jones Industrial Average lost 309.74 points, or 0.65%, to settle at 47,147.48.
All three indices had earlier rebounded from deeper intraday losses, with the Nasdaq and S&P 500 down as much as 1.9% and 1.4%, and the Dow off nearly 600 points (1.3%).