Indian Stock Market News, Equity Market and Sensex Today in India | Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Sensex Ends 145 Points Higher, Nifty Holds 18,100; ICICI Bank Rallies 12%
Mon, 25 Oct Closing

Sensex Ends 145 Points Higher, Nifty Holds 18,100; ICICI Bank Rallies 12%

Indian share markets witnessed volatile trading activity throughout the day today and ended marginally higher.

Benchmark indices snapped their 4-day losing streak, led by gains in index heavyweights ICICI Bank, ONGC and Axis Bank.

Although broader markets witnessed heavy selling.

At the closing bell, the BSE Sensex stood higher by 145 points (up 0.2%).

Meanwhile, the NSE Nifty closed higher by 11 points (up 0.1%).

ICICI Bank and Axis Bank were among the top gainers today.

BPCL and Bajaj Finserv, on the other hand, were among the top losers today.

The SGX Nifty was trading at 18,198, up by 53 points, at the time of writing.

The BSE Mid Cap index and the BSE Small Cap index ended down by 1.7% and 1.8%, respectively.

--- Advertisement ---
Automobile Sector's Colossal Disruption Could Make You a Fortune

During any major disruption in a sector, fortunes are created.

And now, we are at the cusp of a major disruption that the automotive sector will experience.

It is the electric vehicles gold rush.

At Equitymaster, we have unearthed a hidden way to ride the 15x EV opportunity so that you could take home potentially life-changing gains in the long run.

You can get all details of the hidden way in our upcoming special online event.

YES, Register Me for FREE

Sectoral indices ended on a mixed note with stocks in the banking sector and finance sector witnessing most of the buying interest.

Realty and auto stocks, on the other hand, witnessed selling pressure.

Shares of Shoppers Stop and KEC International hit their respective 52-week highs today.

Asian stock markets ended on a mixed note today.

The Hang Seng ended on a flat note, while the Shanghai Composite ended up by 0.8%. The Nikkei ended down by 0.7% in today's session.

US stock futures are trading on a flat note today with the Dow Futures trading down by 3 points.

The rupee is trading at 75.08 against the US$.

Gold prices for the latest contract on MCX are trading up by 0.5% at Rs 48,014 per 10 grams.

Speaking of the stock markets, India's #1 trader, Vijay Bhambwani talks about how to know if your stock will fall, in his latest video for Fast Profits Daily.

Tune in to the video below to find out more:

In news from the power sector, Tata Power was among the top buzzing stocks today.

Tata Power, one of the country's largest private-sector integrated companies, now has a network of more than 1000 electric vehicle (EV) charging stations across the country.

This network of 1000 public EV charging stations provides innovative and seamless EV charging experiences for Tata Power's customers across offices, malls, hotels, retail outlets, and places of public access, enabling clean mobility and freedom from range-anxiety.

FREE Event: Discover Your First Stock for a Potential Rs 7 Crore in Long-term Wealth

In addition, there are close to 10,000 home EV charging points, which make EV charging super-convenient for the vehicle owners.

Tata Power EZ Chargers ecosystem covers the entire value chain of public chargers, captive chargers, bus/ fleet chargers and home chargers.

Starting with the first chargers being installed in Mumbai, Tata Power EV charging points are now present in nearly 180 cities and in multiple State and National highways under various business models and market segments.

The company is planning to have a base of 10,000 charging stations as also to enable whole stretches of highways into e-highways across the length and breadth of the country.

Tata Power has collaborated with original equipment manufacturers (OEMs) to roll out EV charging infrastructure and aims to expand its presence further in many cities of India.

It has partnered with Tata Motors, MG Motors India, Jaguar Land Rover, TVS & more, for developing EV charging infrastructure for their customers and dealers.

Tata Power share price ended the day down by 4.1% on the BSE.

Speaking of EV charging stations, after the government announced the extension of the FAME II scheme, several states like Maharashtra, Gujarat, Rajasthan, and Delhi have announced their own policies for the faster adoption of EVs.

Under the FAME II scheme, 350 new EV charging stations have been installed across the country.

Here's a summary of stations that have been installed in each city.

The government is actively formulating guidelines such as setting EV charging infrastructure by the Ministry of Power, amendment in model building bye-laws (MBBL-2016) for EV charging infrastructure by Ministry of Housing and Urban Affairs, etc.

--- Advertisement ---
3 "Super Smallcaps" You Didn't Know About

You may not have heard of these 3 "super smallcaps" ever before...

The mainstream press doesn't cover them... Most brokers don't know about them either...

Stocks like these 3 "super smallcaps" only come to your notice when they have rallied by hundreds or even thousands of percent... and are all over the news!

Richa revealed it all during her Super Smallcaps Summit

If you missed this event for some reason, then you can watch the special replay of this event.

Click Here to Watch the Replay...

Moving on to news from the paints sector...

Asian Paints Under Pressure After Whistle-Blower Flags Related Party Transactions

Asian Paints shares slumped over 4% today after reports said that a whistle-blower has reportedly flagged off related party transactions carried out by the paint maker's promoters that allegedly benefited them at the cost of the company's shareholders.

The whistle-blower informed the market regulator that money to buy a company called Paladin Paints and Chemicals went from Asian Paints but its promoters Ashwin Dani and son Malav now control it in their personal capacity.

The market watchdog has reportedly sought further details from the whistle-blower.

In a clarification to the exchanges, Asian Paints said,

  • The said complaint was investigated in accordance with the company's whistle blower policy, and after undertaking a detailed review of the transactions which were mentioned therein, the said complaint was closed as the enquiry concluded that the transactions were undertaken in compliance with the law, and there was no basis for the allegations made.

Explaining further, the company said that it had entered into a technical consultancy agreement with Jayram Nadkarni, a former employee of Asian Paints and Paladin Paints & Chemicals during the financial year 2005-2006.

Pursuant to this agreement, an upfront consultancy charge of Rs 12 m and a monthly consultancy of Rs 1.2 m for a period of 21 months amounting to Rs 25.2 m was paid to Nadkarni for providing necessary technical consultancy, technology knowledge package and process for manufacturing of resins to the company with respect to the products governed by the agreement, Asian Paints said in the exchange filing.

Asian Paints share price ended the day down by 2% on the BSE.

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

What else is happening in the markets today? Dig in...

Equitymaster requests your view! Post a comment on "Sensex Ends 145 Points Higher, Nifty Holds 18,100; ICICI Bank Rallies 12%". Click here!


Stock Market Updates

Sensex Soars 620 Points, Nifty Ends Above 17,150; IndusInd Bank & JSW Steel Rally 5% (Today's Market)

Dec 1, 2021 Closing

Indian share markets ended on a strong note with the Sensex up by 620 points and the Nifty zoomed 184 points.

Sensex Jumps 500 Points, Nifty Above 17,100; Metal & Automobile Stocks Rally (Today's Market)

Dec 1, 2021 10:30 am

Indian share markets trade firm with the Sensex up by 554 points, while the Nifty is trading higher by 151 points.

SGX Nifty Up 51 Points, India's Fiscal Deficit, Anand Rathi Wealth IPO, and Buzzing Stocks Today (Today's Market)

Dec 1, 2021 Pre-Open

Top cues to track in today's stock market session.

View More Indian Share Market News

Most Popular

Infosys vs TCS: Which is Better?(Views On News)

Nov 26, 2021

In the post pandemic era, the top two IT companies in India are fighting to capture the growing demand for IT.

This Multibagger Stock Zooms 20% After Dolly Khanna Buys Stake(Views On News)

Nov 24, 2021

Shares of this edible oil company zoomed over 50% in three days after ace investor bought around 1% stake.

6 Popular Stocks that Turned into Penny Stocks(Views On News)

Nov 27, 2021

A look at popular stocks that crashed big time and never recovered, i.e. which went from 'Multibaggers to Multibeggers'.

How to Find Your Next 10-Bagger in this Market(Profit Hunter)

Nov 19, 2021

The #1 make or break factor in your portfolio you shouldn't ignore.

MobiKwik IPO Opens for Subscription Soon. Key Things to Know Before Subscribing.(Views On News)

Nov 20, 2021

The Rs 19 bn issue is set to hit the market soon.


Become A Smarter Investor
In Just 5 Minutes

Multibagger Stock Guide 2022
Get our special report Multibagger Stocks Guide (2022 Edition) Now!
We will never sell or rent your email id.
Please read our Terms


Dec 1, 2021 (Close)