“On the upside, 25,800 is likely to act as an immediate hurdle. Traders are advised to align positions accordingly and maintain a strong focus on risk management until a clear directional trend emerges,” said Ajit Mishra – SVP, Research, Religare Broking.
In today’s trade, shares of Paytm, IndiGo, M&M, RIL, LIC, TCS among others will be in focus due to various news developments and second quarter results.
Paytm
Fintech player Paytm Ltd on Tuesday reported 98% decline in its consolidated net profit at just Rs 21 crore in the second quarter, compared with Rs 928 crore in the last year period. Before one-time charge for full impairment of Rs 190 crore loan to its JV First Games Technology, PAT stood to Rs 211 crore. Revenue from operations, meanwhile, increased 24% year-on-year (YoY) to Rs 2061 crore, led by increase in subscription merchants, higher payments GMV, and growth in distribution of financial services.
Sun Pharma
Drug major Sun Pharmaceutical Industries on Wednesday reported net profit after tax of Rs 3,117.95 crore for Q2 FY26, a 2.6% year-on-year (YoY) growth compared to a profit of Rs 3,040.16 crore in the year-ago period. The company said revenue from operations for the second quarter ended September 2025 stood at Rs 14,405.22 crore, reflecting a 8.6% rise YoY compared to Rs 13,264.22 crore reported in September 2024 quarter.Grasim
Grasim Industries on Wednesday reported consolidated net profit attributable to the owners of the company at Rs 553.48 crore for Q2 FY26, a 76% year-on-year (YoY) growth compared to a profit of Rs 314.63 crore in the year-ago period. The Aditya Birla Group said revenue from operations for the second quarter ended September 2025 stood at Rs 39,899.58 crore, reflecting a 16.6% rise YoY.
IndiGo
Aviation major IndiGo slipped into a loss of Rs 2,582 crore in the September quarter as against a profit of Rs 2,176 crore in the preceding June quarter. However, when compared with the year-ago period, the airline’s loss widened from Rs 987 crore. Revenue from operations, however, increased 9% year-on-year (YoY) to Rs 18,555 crore.
Delhivery
New-age third-party logistics firm Delhivery on Wednesday said it swung to a consolidated net loss attributable of Rs 50.38 crore in the second quarter ended September 2025, compared to a profit of Rs 10.20 crore in the year-ago period. The company said revenue from operations for the second quarter of FY26 stood at Rs 2,559.3 crore, reflecting a 16.9% rise YoY compared to Rs 2,189.7 crore reported in the September 2024 quarter.
Britannia
Rakshit Hargave is joining biscuits and dairy products maker Britannia Industries in a leadership role, having stepped down as chief executive of Birla Opus effective November 1. He will report in to managing director and chairman Varun Berry, ET reported.
United Spirits
United Spirits, India’s biggest liquor company, said it has started a strategic review of its investment in Royal Challengers Sports, which owns the Royal Challengers Bengaluru (RCB) cricket franchise. The wholly owned subsidiary owns the rights to the RCB teams competing in both the men’s Indian Premier League (IPL) and the women’s Women’s Premier League (WPL), two of the most high-profile annual tournaments by the BCCI.
Hindalco
Novelis said it expects the free cash flow for the current financial year to be negatively impacted by $550-650 million due to fire incident at its plant in New York in September. This includes $100-150 million impact in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA), according to a regulatory filing.
RIL
Reliance Industries, India’s top buyer of Russian crude, is curtailing purchases and preparing to stop imports from sanctioned Russian entities to comply with Western sanctions and safeguard access to US and European markets, ET reported.
Tata Power
Tata Power Company Ltd (TPCL) will invest Rs 11,000 crore in setting up a pumped hydro storage (PSP) project in Shirawta in Pune, Maharashtra, CEO and MD, Praveer Sinha told ET. Last year Tata Power Ltd. and the Government of Maharashtra signed a Memorandum of Understanding (MoU) to develop two large Pumped Hydro Storage projects (PSP) with a combined capacity of 2,800 Megawatts (MW) in the state.
M&M
Mahindra & Mahindra (M&M) is set to sell its entire 3.45% stake in RBL Bank through a block deal worth ₹682 crore, CNBC-TV18 reported.
TCS
Tata Consultancy Services (TCS) on Wednesday said it has extended its 18-year partnership with ABB to implement AI-driven IT operations and modernise the Swiss firm’s digital infrastructure. The multi-year collaboration will focus on operationalising ABB’s Future Hosting Model, a next-generation modular IT infrastructure designed for streamlining systems, the company said in a regulatory filing.
Adani Ports
Fitch Ratings has revised its outlook on two Adani group firms, Adani Ports and Special Economic Zone and Adani Energy Solutions, to ‘Stable’ from ‘Negative’, saying the contagion risks across the conglomerate have eased. Fitch affirmed the two companies’ long-term issuer default ratings at ‘BBB-‘.
LIC, Apollo Hospitals, Bajaj Housing Finance
Shares of LIC, Apollo Hospitals and Bajaj Housing Finance will be in focus today as the companies will announce their second quarter results later during the day.