Market News
3 min read | Updated on October 09, 2025, 16:53 IST
SUMMARY
Tata Steel was top gainer in the NIFTY50 index, the stock rose 2.48% to close at ₹176 after Tata Steel India’s crude steel production in second quarter reached 5.67 million tonnes, up 8% quarter-on-quarter (QoQ) and 7% year-on-year (YoY), driven mainly by the normalisation of operations following the completion of relining at the G Blast Furnace in Jamshedpur.
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PG Electroplast was top gainer in the NIFTY Smallcap 100 index, the stock rose 8.13% to close at ₹556 on the back of heavier than usual trading volumes. Image: Shutterstock
The Indian equity benchmarks rebounded on Thursday, October 9, after a day's pause in the previous session led by gains in index heavyweights like Reliance Industries, Infosys, Larsen & Toubro, Tata Steel, Tata Consultancy Services, HCL Technologies and Kotak Mahindra Bank. The SENSEX rose as much as 474 points and NIFTY50 index touched an intraday high of 25,199.25. The SENSEX ended 398 points higher at 82,172 and NIFTY50 index advanced 136 points to close at 25,182.
Tata Steel was top gainer in the NIFTY50 index, the stock rose 2.48% to close at ₹176 after Tata Steel India’s crude steel production in second quarter reached 5.67 million tonnes, up 8% quarter-on-quarter (QoQ) and 7% year-on-year (YoY), driven mainly by the normalisation of operations following the completion of relining at the G Blast Furnace in Jamshedpur. For the first half of FY26, production rose 3% YoY to 10.9 million tonnes.
The company’s deliveries for the quarter stood at 5.56 million tonnes, with domestic deliveries rising 20% QoQ and 7% year-on-year (YoY), supported by higher production and steady demand across market segments despite seasonal rains. For the first half of FY26, deliveries increased 3% YoY, broadly tracking the improvement in production.
JSW Steel (2.34%), SBI Life (2.26%), HCL Technologies (2.15%) and Bharat Electronics (1.55%) were also among the gainers.
On the flipside, Axis Bank was top loser in the NIFTY50 index, the stock fell 1.06% to close at ₹1,168. Titan (-0.61%), Tata Consumer Products (-0.46%), Maruti Suzuki (-0.4%) and HDFC Bank (-0.38%).
NIFTY Midcap 100 index rose 0.97% or 563 points to close at 58,430. As many as 74 shares ended higher while 25 closed lower.
Sona Comstar was top gainer in the NIFTY Midcap 100 index, the stock rose 6.08% to close at ₹430. Motilal Oswal (5.96%), Prestige Estates (4.66%), Aurobindo Pharma (4.49%) and BSE (3.91%) were also among the gainers.
On the other hand, Godfrey Phillips was top lose in the NIFTY Midcap 100 index, the stock fell 2.87% to close at ₹3,295. PB Fintech (-1.71%), Vishal Mega Mart (-1.48%), AU Small Finance Bank (-0.96%) and Patanjali Foods (-0.84%) were also among laggards in the NIFTY Midcap 100 index.
NIFTY Smallcap 100 index rose 0.61% or 110 points to close at 18,000. As many as 58 shares ended higher while 41 closed lower.
PG Electroplast was top gainer in the NIFTY Smallcap 100 index, the stock rose 8.13% to close at ₹556 on the back of heavier than usual trading volumes.
Hindustan Copper (6.77%), MCX (6.36%), Inox Wind (4.14%) and GoDigit (3.21%) were also among the gainers.
On the contrary, BLS International (-3.07%), Deepak Fertilisers (-2.22%), IFCI (-2.21%), Ola Electric (-2.03%) and Redington (-2.02%) were losers in the NIFTY Smallcap 100 index.
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