Stock Market LIVE: Nifty, Sensex Trade Lower As RIL, HDFC Bank Shares Weigh
The Nifty 50 and Sensex moved towards day’s low as heavyweight stocks like Reliance Industries Ltd. and HDFC Bank Ltd. shares continued to weigh on benchmark indices. The Nifty 50 is likely getting support at 25,200. BLS International, Reliance Power, C.E. Infosystem shares were trading in losses.
Auto Sales Boosted by GST Cuts
India’s automobile retail sector posted a 5.22% year-on-year growth in Sept. 2025, with total vehicle registration reaching 18,27,337 units, according to data released by the Federation of Automobile Dealers Associations. It’s not just auto sales benefiting from the GST cuts.
Hero MotoCorp signed a distribution pact with Italy’s Pelpi International, the company said in the exchange filing. This move is expected to boost the company’s sales and revenue. For more information on Hero MotoCorp stock price, visit our website.
Pharmaceutical Sector Updates
Dr. Reddy’s Laboratories Ltd.’s board to consider second-quarter results on Oct 24. The company’s performance is expected to be impacted by the current market trends and competition in the pharmaceutical sector.
Hotel Management Agreement
Taj GVK Hotels signed hotel management agreement with IHCL for upcoming five-star hotel in Bengaluru. A 20-year pact with IHCL started from Bengaluru Hotel’s opening date. This move is expected to boost the company’s revenue and expansion plans. For more information on hotel industry news, visit our website.
Upcoming Earnings
Bajaj Auto Ltd.’s board will consider second-quarter earnings on Nov 7. The company’s performance is expected to be impacted by the current market trends and competition in the automobile sector.
Market Outlook
The Indian stock market is expected to be volatile in the coming days, with the Nifty and Sensex trading lower. Investors are advised to stay cautious and keep an eye on the market trends and news. For more information on stock market news today, visit our website.
Investment Strategies
Investors can consider investing in stocks with strong fundamentals and growth potential. It’s also important to diversify your portfolio and keep an eye on the market trends. For more information on investment strategies for stock market, visit our website.
Conclusion
In conclusion, the Indian stock market is witnessing a decline in the Nifty and Sensex, with heavyweight stocks like Reliance Industries Ltd. and HDFC Bank Ltd. weighing on benchmark indices. Investors are advised to stay cautious and keep an eye on the market trends and news. For more information on stock market updates, visit our website.