The Indian stock market continued its upward momentum for the third consecutive session, propelled by robust buying interest that lifted the benchmark indices on Wednesday, November 12. The Sensex experienced a notable increase of 781 points, approximately 1%, achieving an intraday peak of 84,652, while the Nifty 50 also rose by about 1%, reaching Rs 25,934.55. At the market close, the Sensex increased by 595 points, representing a rise of 0.71%, reaching Rs 84,466.51. Meanwhile, the Nifty 50 finished 180.85 points higher at Rs 25,875.80, marking a gain of 0.70%.
On Wednesday, the markets continued their upward trajectory, with the Nifty 50 finishing at Rs 25,875.80, reflecting an increase of 0.47%. The index started strong and maintained its upward trend throughout the session, supported by significant buying in key stocks across different sectors. In terms of sector performance, IT, auto, and pharma showed strong results, whereas realty and metal concluded with a lackluster performance. The overall market breadth exhibited a positive trend, bolstered by gains of nearly a percent in both the midcap and smallcap indices, indicating an enhancement in risk appetite among participants. “The rally was fueled by optimism over improving trade dialogue prospects between India and the U.S., coupled with encouraging Q2 earnings from key corporates that further lifted investor sentiment,” stated Ajit Mishra.
Companies are set to announce their second quarter results today : Hero Motocorp, Eicher Motors, LG Electronics India, GMR Airports, and Bharat Dynamics are expected to draw interest.
Stocks to monitor today :
- Tata Steel reported a significant 319% year-on-year rise in net profit for Q2, reaching Rs 3,183 crore, exceeding projections. Revenue increased by 8.9% to Rs 58,689 crore, while EBITDA surged by 45% to Rs 8,897 crore, resulting in an improvement in margins to 15.2%.
- Cochin Shipyard reported a 43% year-on-year decrease in net profit for Q2FY26, amounting to Rs 107.5 crore, while revenue experienced a decline of 2.2%, totaling Rs 1,118.5 crore.
- IRCTC reported a year-on-year net profit increase of 11%, reaching Rs 342 crore for Q2FY26, with revenue rising by 7.7% to Rs 1,146 crore.
- The State Bank of India has signed a non-binding term sheet with Care Ratings to purchase 29.7 lakh equity shares, representing a 9.9% stake, in CareEdge Global IFSC (CGIL).
- Vedanta reiterated its stance against the proposed demerger, highlighting outstanding claims totaling Rs 16,700 crore that could be jeopardized as a result of the restructuring.
- SpiceJet disclosed a consolidated net loss of Rs 621 crore for the September quarter, an increase from Rs 458 crore in the corresponding period last year.
- Lupin has disclosed that its subsidiary has launched a specialized oncology unit at its Vizag manufacturing facility in Andhra Pradesh, aligning with its strategy to strengthen contract development and manufacturing (CDMO) capabilities.
- NTPC has entered into two agreements in the healthcare sector of Assam — one to set up a burn ICU at Kokrajhar Medical College and Hospital, and another to provide nutritional support for tuberculosis (TB) patients.
- Asian Paints announced a consolidated net profit of Rs 1,018 crore for the second quarter of the current financial year, reflecting a substantial increase of 47% compared to Rs 694 crore during the corresponding period last year. Asian Paints shares experienced a notable increase of 6.83%, reaching a new 52-week high of Rs 2,838.70 following the release of its earnings report. The company’s revenue for the July-September period increased by 6%, reaching Rs 8,531 crore compared to Rs 8,028 crore in the same period last year. Asian Paints demonstrated robust operational performance, with its EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation), or operating profit, increasing by 21% to Rs 1,503 crore, up from Rs 1,239 crore in the previous year.
- Honasa Consumer announced a consolidated net profit of Rs 39.2 crore for the second quarter of the current fiscal year (Q2 FY26), a significant improvement from the net loss of Rs 18.5 crore recorded in the same period last year, as reported on Wednesday, November 12. The company disclosed revenue from operations of Rs539 crore for the quarter, reflecting a 16.5% growth from Rs462 crore in Q2 FY25.
- Hindustan Aeronautics Limited disclosed a consolidated net profit of Rs 1,669 crore for the second quarter of the fiscal year (Q2 FY26) on Wednesday, November 12, reflecting a growth of 10.5% compared to Rs 1,510 crore in the corresponding period last year. The Bengaluru-based company’s revenue from operations increased by 11% to Rs 6,629 crore in the July to September period, compared to Rs 5,976 crore in the same period last year. The company reported a net income growth of 15.3%, reaching Rs 7,516 crore in the current quarter, up from Rs 6,519 crore on a year-on-year (YoY) comparison. The operating profit of the state-run fighter jet manufacturer, referred to as earnings before interest, taxes, depreciation, and amortisation (EBITDA), experienced a decline of 5%, falling to Rs 1,558 crore compared to Rs 1,640 crore during the same period last year.
- Nazara Technologies has disclosed a loss of Rs 33.9 crore for the second quarter of the 2025-26 fiscal year (Q2 FY26). Additionally, the company has recognized an impairment on its investment in Moonshine Technologies (PokerBaazi) due to India’s prohibition on real money-based online gaming. Nazara reported a profit of Rs 16.24 crore in the same quarter last year (Q2 FY25) and Rs 51.34 crore in the preceding quarter (Q1 FY26). During the second quarter of fiscal year 2026, the organization reported revenues amounting to Rs 526.5 crore, reflecting a year-on-year increase of 65.1%, alongside an EBITDA of Rs 62 crore, which represents a growth of 146.4%. The company reported that growth during the quarter was driven by enhanced retention, increased LiveOps engagement, and cross-platform distribution across mobile, console, and PC.
- JSW Energy announced the successful raising of Rs250 crore via the issuance of non-convertible debentures (NCDs) through a private placement. “The Finance Committee, during its meeting on 12th November, 2025, has allocated 25,000 Unsecured, Listed, Rated, Taxable, Redeemable NCDs with a face value of Rs 1,00,000 each, totaling Rs 250 crore,” as stated in a regulatory filing.
- Rallis India has unveiled NuCode, a new brand dedicated to offering advanced biological solutions designed to improve soil and plant health. According to a statement from Rallis India, the NuCode initiative will provide farmers with a scientifically formulated selection of biological products. This includes bio-fertilisers designed to naturally enrich soil, bio-stimulants aimed at enhancing plant growth and resilience, and bio-pesticides that offer eco-friendly protection for crops.
- Keystone Realtors has disclosed an 85% decrease in consolidated net profit, amounting to Rs 9.89 crore for the second quarter of the current fiscal year. The net profit was recorded at Rs 65.55 crore in the corresponding period of the previous year. Total income decreased to Rs 520.90 crore in the quarter, down from Rs 556.22 crore in the same period last year, as reported in a regulatory filing.