Stock market today: After rising sharply for six straight sessions, the domestic equity market seemed to be taking a breather on Tuesday, March 25, as the benchmark indices slipped significantly from the day's highs. However, at the time of writing this report, the market was still trading in the green.
At 12:17 PM, the S&P BSE SENSEX was trading at 78,047.12, up 62.74 points, or 0.08%, while the NSE's NIFTY50 index was trading at 23,683.20, up 24.85 points, or 0.11%.
In the broader market, the BSE MidCap index was trading at 41,923.24, down 459.71 points, or 1.08%, while the BSE SmallCap index was trading at 47,071.96, down 779.56 points, or 1.63%.
Barring IT stocks, all sectoral indices were trading in the red. The BSE Information Technology index was trading at 37,019.29, up 406.60 points, or 1.11%.
Here is a list of stocks that are buzzing in today's trade.
Punjab & Sind Bank: Shares of
Punjab & Sind Bank jumped as much as 13.07% to ₹50.50 apiece on the NSE after the state-run lender fixed the floor price of ₹40.38 per share to raise funds through qualified institutional placement (QIP). The bank has proposed to raise ₹2,000 crore through QIP.
Last seen, the stock was trading at ₹47.28 on the NSE, up 5.87%.
Ola Electric Mobility: Shares were trading 2.60% lower at ₹54.28 apiece on the NSE. The company said it has cleared dues with vehicle registration service provider Rosmerta Group.
Rosmerta Digital Services Ltd had sought initiation of insolvency proceedings against Ola Electric's wholly owned subsidiary, Ola Electric Technologies Pvt Ltd, for alleged default in payment. A petition was filed under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC).
READ MORE
HDFC Bank: Shares were trading 2.16% higher at ₹1,840 apiece on the BSE. The stock was one of the top contributors to the market rally in recent sessions. The scrip has rallied over 5.7% in the past five days.
Garden Reach Shipbuilders & Engineers (GRSE): Shares of Garden Reach Shipbuilders & Engineers (GRSE), the defence public sector undertaking (PSU), rallied as much as 5% to ₹1,790 apiece on the BSE as the PSU on Monday signed a contract with Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany for the construction and delivery of the 7th & 8th multi-purpose vessel (MPV) of 7,500 DWT in Hamburg, Germany.
However, the stock pared gains later, and at the time of writing this article, the stock was trading 0.76% higher at ₹1,717.70 on the BSE.
Kesoram Industries: Shares were trading over 10% lower at ₹5.47 apiece on the NSE. The company, as per news reports, has been facing severe financial challenges.
UltraTech Cement: Shares of the cement giant were trading 3.67% higher at ₹11,456.80 apiece on the NSE. The stock rallied as, according to news reports, global broking firm UBS has turned optimistic about the cement sector in India. The broking expects demand to bounce back and make a firm recovery in the upcoming fiscal year.
The rough patch seen in the sector, leading to soft demand, falling prices, and poor volume growth, is likely to come to an end, per reports.
SG Finserve: Shares of the company were trading at ₹406 apiece on the BSE, up 45.45 points, or 12.61%. The stock jumped as ace investor Madhusudan Murlidhar Kela acquired 9.51 lakh shares—equivalent to a 1.7% stake—at ₹350.01 per share on the BSE on March 24.
HEG, Graphite India: Shares of electrodes & refractories companies such as HEG Ltd and
Graphite India were trading with impressive gains. HEG Ltd shares were trading at ₹480.20, up 11.26%, while Graphite India shares were trading at ₹505.40, up 9.71%.
Dixon Technologies: The stock was trading 5.29% lower at ₹13,842.45 on the BSE. On a year-to-date (YTD) basis, the stock is down 23%.
BMW Industries: The company on March 24, 2025, said in its exchange filing that it has signed a Memorandum of Understanding (MOU) with the Ministry of Steel, Government of India, under the Production Linked Incentive (PLI) scheme 1.1 for speciality steel. The MOU was formalised on March 24, 2025, at Vigyan Bhawan, New Delhi.
Shares were trading at ₹48.35 apiece on the BSE, up 7.37%.