SENSEX slips 576 pts from day’s high, NIFTY50 near 25,000 at noon; Tata Motors, Adani Enterprises among buzzing stocks

The Indian stock market gave up early gains in the afternoon session on Wednesday, October 8, mirroring mixed global cues and a fall in banking, media and realty stocks. The IT stocks, however, were trading 1.18% higher despite weak sentiment.

Buzzing stocks on October 8: Checklist

Tata Motors shares continued to slide on Wednesday after its luxury subsidiary Jaguar Land Rover (JLR) had shared September quarter updates. The stock has been falling for the fourth consecutive day.

JLR will begin the phased restart of its manufacturing operations on Wednesday, starting at the Electric Propulsion Manufacturing Centre (EPMC), where engines are built, and the Battery Assembly Centre (BAC), both located in the West Midlands, UK.

Further, JLR posted a decline in its volumes during the “challenging quarter”, with wholesale volumes falling 24.2% year-on-year (YoY) to 66,165 units, excluding the Chery Jaguar Land Rover China JV (CJLR), in Q2FY26, compared to the same period last year. 

The company’s volumes were impacted since the start of September by the recent cyber incident, with production stoppages impacting wholesale.

At 12:40 PM, Tata Motors shares were trading at ₹686.20 apiece on NSE, falling 1.70%.

Saatvik Green Energy shares surged 8.4% to hit an all-time high of ₹498.80 apiece as the company bagged two orders.

The newly listed renewable energy firm bagged a ₹488 crore order from renowned independent power producers or EPC for the supply of solar PV modules. Further, Saatvik Green also secured another order worth ₹219.62 crore from three renowned independent power producers, or EPC, for the supply of solar PV modules.

Both the orders will be executed in FY26, the company said in a regulatory filing.

Last seen at 12:40 PM, shares of Saatvik Green Energy were trading at ₹495.50 apiece on NSE, gaining 7.72%. In the last five trading sessions, the stock has rallied nearly 10%.

Shares of Titan Company gained as much as 4.6% to touch an intraday high of ₹3,578 on Wednesday after the company announced its business update for the second quarter of the current financial year (Q2FY2025-26).

At 12:45 PM, shares of Titan Company were trading 3.62% higher at ₹3,541.90 apiece on NSE.

Titan’s consumer businesses grew 20% year-on-year (YoY) in Q2 FY26, with a net addition of 55 stores during the quarter, taking the company’s combined retail network to 3,377 stores as of September 2025.

Its domestic business grew about 18% year-on-year in the reporting quarter, with 54 net store additions and a total of 3,345 domestic stores as of September 2025.

In its domestic jewellery business, the company witnessed a 19% growth on a yearly basis. “The impact of Q2FY25’s high base (due to custom duty reduction) was offset by the early onset of the festive season in September this year, compared to October in FY25.

Shares of Adani Enterprises slipped 1.65% to an intraday low of ₹2,500 apiece on the NSE as the company’s board approved raising of funds via Non-Convertible Debentures (NCDs).

“…the Board of Directors of the Company (the “Board”), at its meeting held today, i.e., October 8, 2025, which commenced at 11:30 a.m. and concluded at 12:32 p.m., has inter alia approved raising of funds by way of issuance of Non-Convertible Debentures for an amount not exceeding Rs. 3,000 crores through permissible modes,” Adani Enterprises said in a regulatory filing.

The company further stated that the issue may be conducted through a private placement, public issue, qualified institutional placement, preferential issue, or any other method—or a combination thereof—as permitted under applicable laws.

“The NCDs to be issued may be listed on BSE Limited and/or theNational Stock Exchange of India Limited, as may be determined by the Board or a committee authorised by the Board,” it added.

At 12:50 PM, Adani Enterprises shares were seen 1.2% down at ₹2,511.70 apiece on NSE.

Shares of agrochemical player Advance Agrolife made a strong debut on the stock exchanges on Wednesday.

The stock listed at ₹114 apiece on the National Stock Exchange (NSE), reflecting a premium of 14% over the IPO issue price of ₹100 per share. On the BSE, it started trading at ₹113, up 13% from the issue price.

A lot consisted of 150 shares. Investors who received Advance Agrolife IPO allotment made ₹17,100 per lot.

The ₹192.86 crore initial public offering of the Jaipur-based company was only a fresh issuance of 1.93 crore equity shares. There was no offer for sale component. It had set a price band of ₹95 to ₹100 per share.

The funds raised will be utilised for funding working capital requirements and corporate general purposes.

Shares of Utkarsh Small Finance Bank surged 5.27% to an intraday high of ₹22.95 after the company’s board approved terms for a ₹950 crore rights issue at its Wednesday meeting.

The company will be issuing fully paid-up equity shares of a face value of ₹10 each. Utkarsh Small Finance Bank's board has approved the issue of 67.79 crore equity shares to eligible investors as part of this ₹950 crore rights issue.

The rights issue price has been set at “₹14/- (Rupees Fourteen only) per fully paid-up equity share [including a premium of ₹4/- (Rupees Four only) per fully paid-up equity share of face value of Rs. 10 (Rupees Ten) each]. The entire issue price will be payable at the time of making the application,” the firm further said in a regulatory filing.

At 12:59 PM, the stock was trading at ₹22.24 apiece on NSE, jumping 2.02%.