Emami, Tata Motors, RailTel among buzzing stocks as SENSEX jumps nearly 200 pts; NIFTY50 trades above 23,300

Benchmark indices, SENSEX and NIFTY50, continued trading in positive territory in the afternoon session on Wednesday, December 31, driven by buying in realty, tourism and defence stocks

The SENSEX surged as much as 0.5% to hit an intraday high of 74,677.56, while the NIFTY50 soared as much as 0.73% to touch the session’s peak of 23,363.55.

At 1:08 PM, the S&P BSE SENSEX advanced by 199.36 points, or 0.27%, to trade at 74,535.81. Meanwhile, NSE’s NIFTY50 stood at 23,320.65, registering a 103.05-point, or 0.44% jump.

The NIFTY50 index was bolstered by buying in the shares of HDFC Life Insurance Company (LIC), SBI Life Insurance Company, Dr. Reddy's Laboratories, Bharat Electronics Ltd (BEL), and Eternal, which were among the top gainers.

On the other hand, the top losers included Oil & Natural Gas Corporation (ONGC), Bajaj Auto, Titan Company, HDFC Bank and Coal India.

Buzzing stocks on September 17: Check list

Select Tata Group companies, CG Power, Kaynes Technology, Dixon Technologies, Syrma SGS Technology, ASM Technologies and MosChip Technologies were trading with impressive gains in the early trade on Thursday, September 17, as Prime Minister Narendra Modi inaugurated SEMICON India 2026.

The three-day event will bring together global and Indian companies, investors and policymakers, with discussions covering semiconductor materials, chip design, fabrication, advanced packaging, electronics and systems.

The focus on investments and building a domestic semiconductor ecosystem could keep semiconductor and electronics manufacturing-related stocks in focus.

Capital-market stocks, including CDSL, BSE, MCX, HDFC AMC, among others, were trading in the green zone on Thursday, September 17, as the NSE IPO opened for subscription, drawing investor attention to India’s expanding market-infrastructure ecosystem.

Shares of exchanges, depositories, broking firms and asset managers are seeing buying interest as investors assess the sector against NSE’s scale and strong institutional demand for its ₹22,562 crore offer.

The IPO is also drawing attention to the broader growth in retail participation, demat accounts, trading activity and financial-product flows, which could support market intermediaries.

NSE filings showed that Infosys announced the expansion of its Development Centre (DC) with the inauguration of a new Software Development Block (SDB-2) at its campus in the Super Corridor, Indore.

The company also said that the new 330,000 sq. ft. block expansion aims to strengthen Infosys’ presence in Central India and its commitment to the region’s growing technology and talent ecosystem.

Infosys’ board of directors announced on Tuesday evening that the IT company is set to announce its July to September quarter (Q2) results for the financial year 2026-27 on October 23, 2026.

Tata Motors shares rose as much as 1.7% to touch an intraday high of ₹431.45 apiece on Thursday, September 17, after the company announced price hikes for its commercial vehicles amid rising commodity prices.

The country’s largest commercial vehicle manufacturer increased prices by up to 1% on its range of commercial vehicles, effective from October 1, 2026.

“The revision is being taken to offset the rise in commodity and other input costs. The increase will differ depending on the model and variant,” Tata Motors said in a regulatory filing.

Shares of GNFC surged around 11% to touch an intraday high of ₹599 apiece on the National Stock Exchange (NSE) on Thursday, September 17, after the company’s 50th annual general meeting, as investors focused on the annual dividend payout and the new MD’s appointment.

Investors were powering the buying momentum of GNFC shares as they positioned ahead of the company’s upcoming annual dividend payment on Friday, September 18, while welcoming Sanjeev Kumar as the new Managing Director of the firm.

Equity investors were also focused on the rising cost of chemicals in the market, which in turn would be beneficial for the chemical maker’s margins, as they will be able to sell their finished product at a higher price.

In the company’s August earnings call, the management cited that the realisations improved while volumes still lagged in the market, which led to an inventory buildup in the first quarter of FY27.

Fortis Healthcare stock advanced as much as 3.1% to reach the session’s peak of ₹897 per equity share on Thursday, after its wholly-owned subsidiary signed definitive pacts with Seth Sunder Lal Jain Charitable Eye Hospital to provide healthcare services to an upcoming 400-bedded super speciality hospital in Ashok Vihar here.

The Healthcare Services Agreement (HSA), executed by Fortis Hospotel Ltd (FHTL), has a committed term of 29 years, extendable on mutually agreed terms. The hospital is expected to commence operations in 3-4 years, subject to requisite approvals, according to a regulatory filing dated September 16.

Under the agreement, FHTL holds long-term exclusive rights to provide specified inpatient healthcare services, necessary clinical manpower, and specialised equipment such as Cath Labs, LINAC, PET-CT, and surgical robots in exchange for an agreed service fee.

Highway Infrastructure shares surged as much as 4.7% to hit an intraday high of ₹45.90 per unit, as the company received a letter of award (LoA) from Uttar Pradesh Expressways Industrial Development Authority (UPEIDA).

Under the contract, Highway Infrastructure will be required to collect user fees and manage the operation of toll plazas at Gorakhpur Link Highway, according to a regulatory filing dated September 16.

Additionally, the company will be required to deploy “04 number of Patrolcum- safety vehicles with required personnel manning these vehicles for Gorakhpur Link Expressway”.

The two-year contract, worth ₹220.66 crore, includes ₹105.08 crore for the first year and an escalation of 10% per annum for the second year, the filing added.

RailTel Corporation of India stock jumped as much as 5.3% to hit an intraday high of ₹265.65 per equity share, after it bagged an order from Prasar Bharti (Broadcasting Corporation of India) Director General, Doordarshan.

RailTel Corporation secured a letter of intent (LoI) to add additional features or services to Prasar Bharti’s existing WAVES over-the-top (OTT) platform, it said in a regulatory filing on Wednesday.

RailTel Corp will execute the order for approximately ₹63.15 crore, including tax.

Emami Ltd shares climbed as much as 7.35% to touch the session’s peak of ₹396.45 per unit. This comes as the company’s board of directors, at its meeting on September 17, approved a share buyback of up to ₹282 crore.

The company will buy back equity shares for a price not exceeding ₹475, with a face value of ₹1 each, payable in cash.

At the maximum buyback price, the firm will purchase a maximum of 59,36,842 equity shares, “from its shareholders or beneficial owners (other than those who are promoters, members of the promoter group, and persons in control (and their associates)), from the open market through the stock exchange mechanism”.

The stock of Yatharth Hospital & Trauma Care Services rallied as much as 8.6% to hit a 52-week high of ₹1,067 per equity share on the NSE on Thursday, September 17, as it entered into a definitive agreement with Advent International to invest ₹3,150 crore of primary capital in Yatharth Hospital.

Upon completion of the transaction, which remains subject to customary closing conditions, Advent is expected to acquire a significant minority stake of 24.9% in Yatharth Hospitals.

Shares of Karamtara Engineering were listed at ₹320 apiece on the NSE and the BSE on Thursday, September 17. This reflects a premium of 25.98% over the initial public offering (IPO) issue price of ₹254 per equity share.

A lot consisted of 59 shares and cost ₹14,986. Investors who received the Karamtara Engineering IPO allotment made ₹3,894 per lot, taking the value of their investment to ₹18,880, as per the listing price on the NSE.

The ₹875 crore initial public offering was a mix of a fresh issuance of ₹675 crore and an offer for sale (OFS) component of ₹200 crore by promoters Tanveer Singh and Rajiv Singh.

The stock of LCC Projects made a robust secondary market debut on September 17. The stock is listed at ₹189 per share on the NSE. This reflects a premium of 29.45% from the IPO issue price of ₹146 per equity share. On the BSE, the scrip started trading at ₹191.90, up 31.44% from the issue price.

A lot consisted of 102 shares and cost ₹14,892. Investors who received the LCC Projects IPO allotment made ₹4,386 per lot, taking the value of their investment to ₹19,278, as per the listing price on the NSE.

The initial public offering sought to raise ₹427.14 crore via a fresh issuance of ₹258 crore and an OFS component of ₹169.14 crore by promoters Laljibhai Arjanbhai Ahir and Arjan Suja Rabari.

Shares of leading furniture rental platform Rentomojo made a strong debut on the stock exchanges on Thursday. The stock started trading at ₹482.45 apiece on the NSE. This reflects a premium of 19.42% over the issue price of ₹404 per share.

On the BSE, the scrip is listed at ₹480 per share, up 18.81% from the IPO price.

Steamhouse India shares made a decent stock market debut on September 17. Shares of the industrial gas maker listed at ₹94.5 apiece on the NSE, reflecting a premium of 16.6% over the IPO issue price of ₹81 apiece.

On the BSE, Steamhouse India stock started trading at ₹93, up 14.8% from the issue price. Steamhouse India is engaged in the generation and distribution of industrial gases, mainly steam and nitrogen, through its pipeline network.

Manipal Payment stock debuted at ₹330 per unit on the NSE on Thursday, September 17, marking a 2.65% discount from its IPO issue price of ₹339 per equity share, giving it a market capitalisation of ₹7,468 crore.

Asset Reconstruction Company (India) (ARCIL) made a flat debut on the stock exchanges on Thursday.

Arcil shares were listed at ₹139 on the NSE and BSE, the same as the company's IPO price.