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  1. SENSEX holds 300-point lead, NIFTY above 25,300; MCX, KNR Construction, DreamFolks, BEL, Premier Explosives among buzzing stocks

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SENSEX holds 300-point lead, NIFTY above 25,300; MCX, KNR Construction, DreamFolks, BEL, Premier Explosives among buzzing stocks

Upstox

5 min read | Updated on September 17, 2025, 12:55 IST

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SUMMARY

Shares of MCX rose as much as 5% to hit an intraday high of ₹8,034 after reports suggested the market regulator Securities and Exchange Board of India (SEBI) is considering widening participation in commodity derivatives market.

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Shares of the airport lounge services provider DreamFolks were locked in 5% lower circuit at ₹131. Image: Shutterstock

The Indian equity benchmarks were holding on to gains in noon deals on Wednesday, September 17, led by index heavyweights like HDFC Bank, State Bank of India, Reliance Industries, Kotak Mahindra Bank, Infosys and Larsen & Toubro. The SENSEX rose as much as 340 points and NIFTY50 index touched an intraday high of 25,342. As of 12:23 pm, the SENSEX was up 305 points at 82,685 and NIFTY50 index advanced 88 points to 25,326.

Here are buzzing stocks in Wednesday's session:
MCX: Shares of the commodity bourse rose as much as 5% to hit an intraday high of ₹8,034 after reports suggested the market regulator Securities and Exchange Board of India (SEBI) is considering widening participation in commodity derivatives market.

SEBI chairman said it will engage with the government to enable banks and pension funds to trade commodities as part of the regulator’s agenda to strengthen commodities markets, Livemint reported.

KNR Constructions: Shares of the Hyderabad-based construction company rose as much as 12.74% to hit an intraday high of ₹219 on the back of heavier than usual trading volumes.

Trading volume in KNR Constructions shares spiked by nearly 77 times as 4.89 crore shares changed hands on the NSE compared with an average trading volume of 6.38 lakh shares.

On the BSE, 32.56 lakh shares changed hands compared with an average of 61,000 shares traded daily in the past two weeks.

Bharat Electronics: Shares of the country's leading defence equipment maker Bharat Electronics rose as much as 3.43% on the BSE to hit an intraday high of ₹416.60. On the National Stock Exchange, Bharat Electronics shares rose as much as 3.41% to hit an intraday high of ₹416.65. The surge in stock price came after the company post market hours informed exchanges that it won additional orders worth ₹712 crore.
With today's up move, Bharat Electronics shares soared to their highest level in two months, data from the National Stock Exchange showed.

Bharat Electronics' ₹712 crore order included IT infra and cyber security solution, ESM systems, block chain solution platform, communication equipment, spares and services.

"Navratna Defence Public Sector Undertaking, Bharat Electronics Limited (BEL) has secured additional orders worth Rs. 712 Crore since the last disclosure on 1st September 2025. Major orders received include IT Infra & Cyber Security Solution, ESM Systems, Block Chain Solution Platform, Communication Equipment, Spares, Services etc," Bharat Electronics said in a stock exchange filing.

Premier Explosives: Shares of industrial explosives and detonators maker Premier Explosives rose as much as 10.67% to hit an intraday high of ₹605 on the National Stock Exchange. On the BSE, Premier Explosives shares climbed as much as 10.69% to hit an intraday high of ₹605. The stock staged its best single day move in over four months, data from the National Stock Exchange showed.
The sharp surge in Premier Explosives shares came after the company informed exchanges that Telangana Pollution Control Board (TGPCB) revoked the closure order for its factory situated at Katepally village in Telangana.
Coal India: Shares of the country's largest coal miner surged nearly 2% as the state-owned firm has been declared the preferred bidder for the Ontillu-Chandragiri Rare Earth Element (REE) exploration block by the Ministry of Mines, marking a key step in the Maharatna company’s diversification into critical minerals.

The block in Andhra Pradesh, spread over 209.62 sq km, was awarded pursuant to a tender issued by the Ministry on March 30, the company said in a regulatory filing.

The exploration licence deed is to be executed within one year of issuance of the Letter of Intent by the state government.

Mahindra Lifespace: Shares of Mahindra Lifespace Developers zoomed as much as 6.61% to an intra-day high of ₹393.80 after it was selected as the partner for the redevelopment projects of two housing societies in Chembur, Mumbai, with an estimated combined gross development potential of approximately ₹1,700 crore, it said in a regulatory filing dated Tuesday.

The redevelopment of the societies located in Chembur’s Diamond Garden area will deliver well-planned homes with a focus on sustainability, modern amenities, and connectivity.

Lupin: Shares of Lupin slipped after the company disclosed that the US Food and Drug Administration (USFDA) has issued six observations for its Nagpur injectable facility.

The drugmaker said the USFDA carried out an inspection at the Nagpur plant between September 8 and September 16. The company did not specify the nature of the observations raised by the regulator.

On the inspection, the company stated: "We will address the observations and respond to the USFDA within the stipulated timeframe. We are committed to be compliant with current good manufacturing practices (CGMP) quality standards across all our facilities," in an exchange filing.

DreamFolks Services: Shares of the airport lounge services provider were locked in 5% lower circuit at ₹131 after the company said that the services of domestic airport lounges have been discontinued to its clients, effective Tuesday.

The company said that the impact of the same is material. However, the other domestic services and global lounge business will continue as usual.

Dreamfolks said it reiterates that contracts with its clients remain active and the discussions with the clients on alternate customer value propositions are in progress.

Disclaimer: This article is purely for informational purposes and should not be considered investment advice from Upstox. Please consult with a financial advisor before making any investment decisions.
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