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Sensex Today Ends 319 Points Higher | Nifty Above 25,550 | NALCO Up 10%
Mon, 10 Nov Closing

Sensex Today Ends 319 Points Higher | Nifty Above 25,550 | NALCO Up 10%Image source: monsitj/www.istockphoto.com

After opening the day higher, the benchmark indices continued their upward momentum, ended the session in green.

Indian equity markets indices Senex and Nifty settled higher on Monday, tracking positive global cues, with gains led by information technology and pharmaceutical stocks.

At the closing bell, the BSE Sensex  closed higher by 319 points (up 0.4%)

Meanwhile, the NSE Nifty closed 82 points higher (up 0.3%).

Infosys, HCL Tech, TCS among the top gainers today.

Trent, Power Grid Corp, M&M on the hand, were among the top losers today.

The GIFT Nifty was trading at  25,665 higher at the time of writing.

The BSE MidCap index ended 0.6% higher and BSE SmallCap index ended 0.3% lower.

Baring telecommunication sector all other sectoral indices are trading negative today with stocks in IT sector and metal sector witnessed selling pressure.

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...

The rupee is trading at Rs 88.7 against the US$.

Gold prices for the latest contract on MCX are trading 1% higher at Rs 123,118 per 10 grams.

Meanwhile, silver prices were trading 3% higher at Rs 152,270 per 1 kg.

Speaking of the stock market, Rahul Shah, Co-Head of Research, explains how the AI boom might not be as profitable for investors as it seems. While technology, especially AI, is changing the world and creating massive wealth, the huge spending needed to build this future, nearly $7 trillion by 2030, could make it hard for companies to earn real profits.

He warns that much of the AI industry's growth is built on losses and massive investments, like the airline industry, great for society but poor for shareholders. Instead of chasing hype, smart investors should focus on strong businesses with lasting advantages, solid fundamentals, and fair valuations.

Watch to know more.

AIA Engineering Q2 Results

In the news from engineering sector, shares of AIA Engineering jumped 5% after the company reported its Q2 FY26 results.

The company's revenue remained largely stable, rising 0.3% Y-o-Y to Rs 10.5 bn from Rs 10.4 bn in Q2FY25, according to the exchange filing submitted by the company.

EBITDA increased 7.7% to Rs 2.9 bn, compared with R 2.7 bn in Q2FY25.

AIA Engineering reported a net profit of Rs 2.7 bn, up 8% from Rs 2.5 bn in the corresponding quarter of the previous fiscal year

Nykaa Q2 Results

Moving on to the news from e-commerce sector, Shares of Nykaa jumped 5% after the company reported its Q2 FY26 results.

The company's revenue from operations rose 25.1% Y-o-Y to Rs 23.4 bn in Q2FY26, up from Rs 18.7 bn last year.

On a yearly basis, the expenses also increased 23.5% to Rs 22.9 bn.

EBITDA grew 53% Y-o-Y to Rs 1.6 bn, with margin expanding to 6.8% in Q2FY26 from 5.5% in Q2FY25.

The company's gross merchandise value (GMV) also increased 30 per cent YoY to Rs 47.4 bn.

Nykaa reported 3.4 times jump in net profit to Rs 0.3 bn in the second quarter of FY26, up from Rs 0.1 bn year-on-year (Y-o-Y).

Nykaa Share Price - 6 Months

Hindalco Q2 Results

Moving on to the news from metal & mining sector, Shares of Hindalco came into after the company reported its Q2 FY26 results.

In Q2FY26, the aluminium major's operating revenue increased 13% to Rs 660.5 bn from Rs 583 bn in the same quarter the previous year. It rose 2.8% sequentially from Rs 642.3 bn.

Hindalco stated in a BSE filing that the robust performance of its subsidiary, Novelis, and its India business were the main drivers of the surge.

EBITDA stood at Rs 96.8 bn, up 6% year over year from Rs 91 bn.

Upstream aluminium business revenue grew 10% QoQ to Rs 100.7 bn, driven by higher volumes.

Hindalco Industries' managing director, attributed the company's strong Q2 performance to robust contributions from its India business, disciplined cost management, and operational efficiencies across segments, enabling it to maintain growth momentum despite global volatility.

The company reported a consolidated net profit of Rs 47.4 b during the second quarter of the financial year 2025-26 (Q2FY26).

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!

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