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6 min read | Updated on October 30, 2025, 16:16 IST
SUMMARY
Dr Reddy's Labs was top loser in the NIFTY50 index, the stock fell 3.79% to close at ₹1,203.50 after it received a notice of non-compliance from Canadian drug authority for Semaglutide injection which is sold under the brand names Ozempic and Wegovy.
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The SENSEX ended 593 points lower at 84,404. Image: Shutterstock
The Indian equity benchmarks ended sharply lower on Thursday, October 30, amid heightened volatility due to monthly expiry of SENSEX October futures & option contracts.
The SENSEX fell as much as 684 points and NIFTY50 index touched an intraday low of 25,845 dragged down by HDFC Bank, Reliance Industries, Bharti Airtel, Infosys, ICICI Bank, Mahindra & Mahindra and Bajaj Finance.
The SENSEX ended 593 points lower at 84,404 and NIFTY50 index declined 176 points to close at 25,878.
Dr Reddy's Labs was top loser in the NIFTY50 index, the stock fell 3.79% to close at ₹1,203.50 after it received a notice of non-compliance from Canadian drug authority for Semaglutide injection which is sold under the brand names Ozempic and Wegovy.
"We have received a Notice of Non-Compliance (NON) from Pharmaceutical Drugs Directorate, Canada, regarding our Abbreviated New Drug Submission (ANDS) for Semaglutide Injection. The NON outlines requests for additional information & clarifications on specific aspects of the submission. We will submit a response at the earliest and well within the stipulated time period," Dr Reddy's Labs said in an exchange filing.
Cipla declined 2.54% after reported its second quarter results for the 2025-26 financial year (Q2FY26) on Thursday, October 30, posting a 3.73% year-on-year (YoY) increase in its consolidated net profit to ₹1,351.17 crore.
In the corresponding period of the last fiscal year, it had clocked a profit of ₹1,302.53 crore, the firm said in a regulatory filing.
HDFC Life (-2.01%), InterGlobe Aviation (-1.68%) and Bharti Airtel (-1.5%) were also among the losers.
On the other hand, Coal India (1.58%), Larsen & Toubro (0.79%), Hindalco (0.79%), Bharat Electronics (0.74%) and Nestle India (0.55%) were gainers in the NIFTY50 index.
NIFTY Midcap 100 index fell 0.09% or 53 points to close at 60,096. As many as 66 shares ended lower while 34 closed lower.
The Supreme Court’s order allowing the government to review the adjusted gross revenue (AGR) dues applies only to the additional dues from 2016–17, according to the order copy. Earlier, on October 27, reports said the Centre was open to reconsidering Vodafone Idea’s request in the AGR case, and the Court allowed it since the matter falls under the government’s policy domain.
Coromandel International fell 3.8% after its second quarter earnings failed to enthuse investors.
Its net interest income (NII) stood at ₹2,038 crore during the quarter under review, marking a 3% YoY increase from ₹1,974 crore in the second quarter of the 2024-25 fiscal year (Q2FY25), it said in a regulatory filing late on Wednesday.
Indus Towers (-3.42%) and Bharti Hexacom (-2.76%) were also among the losers.
On the flipside, PB Fintech was top gainer in the NIFTY Midcap 100 index, the stock rose 6.88% to close at ₹1,842 after the company reported strong set of earnings in the second quarter of current financial year.
PB Fintech, which operates Policybazaar and Paisabazaar online portals, post market hours on Wednesday reported net profit of ₹135 crore in the second quarter of current financial year, marking an increase of 165% from ₹51 crore in the same period last year.
Its revenue from operations in July-September period advanced 38% to ₹1,614 crore from ₹1,167 crore.
PB Fintech reported strong operational performance as it reported an operational profit of ₹98 crore against operational loss of ₹8 crore.
BHEL rose 6.73% after its net profit skyrocketed 254% to ₹375 crore for the July to September quarter of financial year 2025-26 as compared to ₹106 crore in the same period of the previous fiscal year.
Aditya Birla Capital rose 5.21% after its net profit declined 15% to ₹855 crore.
Oil India (3.33%) and Hitachi Energy (2.53%) were also among the gainers.
NIFTY Smallcap 100 index declined 0.1% or 18 points to close at 18,470. As many as 60 shares in the index closed lower while 40 ended higher.
Indian Energy Exchange was top loser in the NIFTY Smallcap 100 index, the stock fell 3.57% to close at ₹143. Newgen Software (-2.89%), Amber Enterprises (-2.33%), Chambal Fertilisers (-2.18%) and Aegis Logistics (-2.15%) were also laggards in the NIFTY Smallcap 100 index.
On the contrary, Sagility was top gainer in the NIFTY Smallcap 100 index, the stock rose 7.9% to close at ₹54.89 after it consolidated net profit increased 114.5% to ₹251 crore for the July to September quarter of financial year 2025-26 as compared to ₹117 crore in the same period of the previous fiscal year.
The firm’s revenue from operations surged 25% year-on-year (YoY) to ₹1,658 crore in Q2 FY26 in contrast to ₹1,325 crore in the corresponding quarter of the previous financial year.
Sagility’s earnings before interest, tax, depreciation, and amortisation (EBITDA) also rose 38% to ₹416 crore for Q2 FY26 as compared to ₹301 crore in Q2 FY25.
Credit Access Graameen (5.29%), Five-Star Business Finance (5.28%), Neuland Labs (4.96%) and IIFL (3.64%) were also among the gainers.
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