Nifty, Sensex May Try to Rally: Tuesday Market Report
Moneylife Digital Team 30 September 2025
On Tuesday, 2047 stocks advanced, 2046 declined and 175 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.00 indicating a positive closing. Moneylife’s Market Breadth Indicators remain in neutral strength territory. The trend of the major indices on Tuesday’s trading is given in the table below.
 
 
On NSE, 79 securities advanced and closed at a new 52-week high whereas 109 securities sank to close at their new 52-week lows. Nifty PSU Bank, Nifty Metal and Nifty Auto among the biggest gainers. Nifty Media, Nifty Infrastructure and Nifty FMCG among the biggest losers.
 
Bharat Heavy Electricals (BHEL) (+1.91%) secured two major EPC contracts from M.P. Power Generating Company Ltd. (MPPGCL) for supercritical thermal power projects in Madhya Pradesh—Amarkantak Unit 6 and Satpura Unit 12, each with a capacity of 660 MW. Valued between Rs13,000 crore and Rs15,000 crore, the contracts cover equipment supply, civil works, erection, and commissioning. Both projects are slated for completion within 57 months. Awarded via open tender, the orders are independent of any related party interests. The win reinforces BHEL’s leadership in India’s high-capacity thermal power infrastructure space.
 
Airtel (-1.25%) Business has partnered with Swift Navigation to launch Airtel-Skylark™, India’s first AI-powered precise positioning service. It delivers centimetre-level accuracy up to 100x better than standard GNSS—across mission-critical applications.  for sectors like automotive, logistics, agriculture, and railways. The initial rollout covers 35,000 km² in National Capital Region (NCR), with nationwide expansion planned.
 
Hindustan Construction company (HCC) (-1.24%) signed a strategic MoU with Konkan Railway to jointly pursue large-scale rail and multi-modal transport projects in India and abroad. The alliance will target metro systems, NATM tunnels, railway bridges, and EPC contracts, leveraging HCC’s civil expertise and KRCL’s rail operations. The partnership enables joint bidding across diverse procurement models and allows for tailored JV structures.
 
SEBI barred Man Industries (India) (-10.50%) and three senior executives from accessing securities markets for two years over financial misreporting and fund round-tripping involving subsidiary Merino Shelters between FY15–FY21. Its Rs25 lakh penalty was imposed on each party. It stated the penalty is minor and won’t affect operations, citing a robust Rs4,700 crore order book.
 
Jindal Steel & Power (+1.96%) commissioned a 250 MT Basic Oxygen Furnace at its Angul plant, boosting crude steel capacity from 6 MTPA to 9 MTPA. Paired with Blast Furnace 2, the upgrade streamlines integrated operations and supports its 12 MTPA target for FY24-25. The expansion ensures steady supply for key sectors like infrastructure, energy, and automotive.
 
Gujarat Industries (-0.70%) commissioned an additional 105 MW of solar capacity at its 600 MW project in Khavda’s 2,375 MW Renewable Energy Park, raising total operational output to 210 MW. This milestone supports India’s clean energy goals and strengthens regional power supply. Further phased commissioning is planned.
 
 
The top gainers and top losers of the major indices are given in the table below:
 
 
The closing values of the major Asian indices are given in the table below:
 
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