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Sensex Today Trades Higher | Nifty Above 25,250 | Anand Rathi Rallies 5%
Tue, 14 Oct 10:30 am

Sensex Today Trades Higher | Nifty Above 25,250 | Anand Rathi Rallies 5%Image source: ThinkNeo/www.istockphoto.com

Asian stock markets are trading mostly higher on Tuesday, following the broadly positive cues from Wall Street overnight, on renewed optimism over U.S.-China trade talks and optimism about further interest rate cuts.

US stocks jumped Monday in a broad rebound, bouncing back from Friday's rout after President Trump played down the escalating US trade standoff with China and said it "will all be fine!"

Here's a table showing how US stocks performed on Monday:

Stock/IndexLTPChange ($)Change (%)Day HighDay Low52-Week High52-Week Low
Alphabet244.647.153.01%244.99240.75256.70142.66
Apple247.662.390.97%249.69245.56260.09169.21
Meta715.7010.401.47%719.94707.64796.25479.80
Tesla435.9022.415.42%436.89419.70488.54212.11
Netflix1219.03-1.05-0.09%1231.121206.811341.15677.88
Amazon220.073.701.71%220.68217.04242.52161.43
Microsoft514.053.090.60%516.41511.68555.45344.79
Dow Jones46067.58587.981.29%46153.4945698.4647049.6436611.78
Nasdaq24750.25528.512.18%24779.6524540.4225195.2816542.20
Source: Equitymaster

At present, the BSE Sensex is trading 197 points higher and NSE Nifty is trading 70 points higher.

ONGC, Hindalco and Tata Steel among the top gainers today.

Maruti Suzuki, Cipla and Axis Bank on the other hand are among the top losers today.

For a comprehensive overview of key players in the financial sector, check out list of Fin Nifty Companies.

For impact of the Bank Nifty companies and comprehensive overview of the index, check out Equitymaster's Bank Nifty Companies list.

The BSE Midcap index and the BSE Smallcap index is trading 0.3% higher.

Sectoral Indices are trading mixed today with stocks in consumer durables sector, and healthcare sector witnessing selling pressure. Meanwhile stocks in oil & gas sector and realty sector witnessing buying speer.

The rupee is trading at Rs 88.75 against the US dollar.

Now track the biggest movers of the stock market using stocks to watch today section. This should help you keep updated with the latest developments...

Speaking of stock markets, Research Analyst at Equitymaster, Richa Agarwal believes India's next trillion-rupee opportunity could be hiding in plain sight - at its ports and shipyards.

For centuries, Indian ports have been at the heart of global trade, and now, with a Rs 697 billion government push, this historic sector is poised to enter a new era of growth. Here's a look at the companies ready to ride this wave.

Tune in for more...

Emirates NBD Eyes Stake in RBL Bank

Dubai-based Emirates NBD Bank is reportedly in advanced discussions to acquire a 51% stake in India's private sector lender RBL Bank, according to a report by Mint.

The proposed deal involves Emirates NBD purchasing around 26% from institutional investors, followed by an open offer for an additional 25%. However, under current RBI norms, the bank's voting rights may be capped at 26% even after the acquisition.

Global investment bank JPMorgan is said to be advising Emirates NBD on the transaction. The deal is estimated to be valued at around Rs 150 bn, while RBL Bank's current market capitalisation stands at Rs 177.9 bn, as per The Economic Times.

Emirates NBD, majority-owned by the UAE government with a 56% stake, is one of the leading banks in the Middle East. RBL Bank, meanwhile, has no promoter entity, with its ownership fully held by public investors, including domestic institutions and mutual funds.

HCL Tech Q2 Results

HCL Tech reported a flat net profit of Rs 42.4 bn for the second quarter of FY26, remaining unchanged from the same period last year.

However, revenue rose 10.7% year-on-year to Rs 314.9 bn, driven by strong performance in its financial services and technology verticals.

This growth prompted the country's third-largest IT services exporter to raise the lower end of its full-year guidance.

The company now expects constant currency revenue growth of 4-5% for FY26, compared to the earlier projection of 3-5% made in July.

In dollar terms, revenue grew 5.8% year-on-year and 4.6% on a constant currency basis, factoring out currency fluctuations.

HCL Tech also revealed that its revenue from advanced AI services has surpassed US$ 100 million, accounting for 3% of its total revenue.

With this milestone, HCL Tech becomes the first Indian IT firm to publicly share its AI-related revenue metrics - a practice commonly followed by global peers like Accenture.

HCL TECHNOLOGIES Share Price Chart (Rs) - 1 Month

KEC International Share Price in Focus

KEC International share price will remain in focus on October 14 following the company won an order worth RS 11.7 bn in T&D business.

The company secured new orders of Rs 11.7 bn for transmission & distribution projects in India and the Middle East including ± 800 kV HVDC and 765 kV transmission lines from a reputed private developer in India and 380 kV transmission lines in Saudi Arabia.

Last week, the company secured new orders of Rs 11 bn across various businesses.

However, in the last month, the company secured new orders of Rs 32.4 bn for Transmission & Distribution projects including 400 kV transmission lines in the United Arab Emirates (UAE) and supply of towers, hardware and poles in the Americas.

Kfin Tech Completes US$ 34.7 Million Acquisition

KFin Technologies Ltd (KFintech) has completed its US$34.68 million investment to acquire a 51% controlling stake in Ascent Fund Services (Singapore) Pte. Ltd, making it the company's sole promoter.

Ascent, among the fastest-growing global fund administrators, has achieved a 3-year CAGR of 33%, reporting revenue of US$17.5 million for the financial year ended July 31, 2025. Operating across 18 geographies, Ascent manages over US$26 billion in assets under administration (AUA) and serves more than 640 global alternative investment funds.

This acquisition represents a key milestone in KFintech's global expansion strategy, strengthening its position as a technology-driven financial infrastructure provider with deep domain expertise and operational excellence.

Following the deal, KFintech's global fund administration AUA has risen to approximately US$340 billion as of September 30, 2025.

The acquisition also enhances its geographic reach, diversifies its revenue mix, and expands its presence across private and public market asset classes, including pensions and digital assets.

To know what's moving the Indian stock markets today check out the most recent share market updates here.

For information on how to pick stocks that have the potential to deliver big returns, download our special report now!

Read the latest Market Commentary


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