On Monday, 1,359 stocks advanced, 3,108 declined and 269 remained unchanged on Bombay Stock Exchange with advance decline ratio of 0.44 indicating a negative closing. Today around 426 stocks were down more than 4%. The trend of the major indices on Monday’s trading is given in the table below.
On NSE, 99 securities advanced and closed at a new 52-week high whereas 177 securities sank to close at their new 52-week lows. In sectoral indices, Nifty PSU Bank, Nifty Energy and Nifty Infrastructure were among the biggest losers.
The proposed three-day nationwide bank strike scheduled from September 28 was deferred after UFBU reached an agreement with IBA following a late-night meeting. The understanding includes formation of a joint committee to discuss modalities for implementing five-day banking, including Saturday holidays, and bank branches operated normally.
Advait Energy Transitions (-2.03%) subsidiary signed a Master Supply Agreement with HiTHIUM for supply of 314 Ah LFP prismatic cells to support its planned 2.5 GWh BESS facility in Gujarat. The arrangement provides for cell offtake of up to 1 GWh over the next year as the facility moves towards commercial production.
Paras Defence (-0.45%) secured a ₹26.59 crore order from DRDO as Lead System Integrator for the complete design and fabrication of the Optics and Opto-Mechanical Unit for a Hyperspectral Mission. The domestic project, with a performance security of ₹79.76 lakh, carries a delivery deadline of 27 September 2027.
Tata Power (-1.52%) EZ Charge expanded its EV charging network beyond 2,400 points across Maharashtra with the commissioning of a new charging hub in Malad West, Mumbai. The facility houses one 120 kW and three 60 kW chargers across eight bays, operates round the clock and does not levy parking charges.
Aegis Logistics (-4.20%) board approved raising up to ₹6,000 crore through equity shares, FCCBs, ADRs, GDRs and debt instruments via public issues or private placements. The company also approved higher borrowing limits under Section 180(1)(c) and creation of charge on assets, subject to shareholder approval.
Servotech Renewable (+2.23%) launched Hybrid Solar Inverters and Micro Grid Inverters, including IP65 and IP54 models, to strengthen its presence in domestic and international markets. The new products will be available for export to SAARC countries and the Middle East.
Marine Electricals (+3.49%) secured orders totalling ₹250.78 crore from Digital Edge DC, Socomec India and STT Global Data Centres for supply of power distribution systems. Deliveries are spread over four to twelve months, deepening the company's ties with leading data centre players.
Dilip Buildcon (-1.35%) emerged as the L-1 bidder for NHAI's ₹688.23 crore project to build a 9.66 km four-lane elevated corridor on NH-65 in Solapur city. The hybrid annuity project involves 24 months of construction followed by 15 years of operation. Dilip Buildcon was also declared L-1 for RECPDCL's 400 KV AIS Yavatmal transmission project with an EPC value of ₹1,151.47 crore. The company will acquire 100% equity of the project SPV and execute the project on a BOOT basis for 35 years post commissioning.
Lupin (-1.43%) received tentative approval from the USFDA for its Apixaban Oral Suspension 1.25mg/mL, a liquid formulation offering an alternative for patients unable to swallow tablets. The product will be manufactured at the company's Somerset, New Jersey facility upon final approval.
Morepen Laboratories (+0.27%) submitted its first Abbreviated New Drug Application to the USFDA for Sitagliptin Tablets in 25 mg, 50 mg and 100 mg dosages. The filing extends the company's established API and CDMO expertise into integrated finished dosage development and regulatory filings.
Indian Energy Exchange's (-1.20%) wholly owned subsidiary Indian Coal Exchange applied for a licence with the Coal Controller Organisation to set up a coal trading exchange. Incorporated in June 2026 with ₹100 crore authorised capital, the entity plans a physical delivery-based marketplace under the Coal Exchange Rules, 2026.
Sun Pharma (-0.77%) entered into a global licensing, commercialisation and manufacturing agreement with LIB Therapeutics for lerodalcibep (Lyrokaul), a once-monthly PCSK9 inhibitor approved by the EU on September 21. The pact grants Sun Pharma exclusive rights across all markets excluding the United States and China.
Kalpataru Projects (-1.12%) received a Letter of Award for a gas pipeline project in the UAE, classified as major with an estimated value exceeding ₹4,000 crore. The win reinforces the company's growing footprint in the global oil and gas EPC sector.
NMDC (-3.09%) commissioned its ₹5,427 crore integrated project in Bastar, comprising a new iron ore processing plant at Bacheli, a 135 km slurry pipeline and a 2 MTPA pellet plant at Nagarnar. The facility enables conversion of iron ore fines from Bailadila mines into pellets for steelmaking.
PB Fintech (-1.26%) clarified to stock exchanges that the recent movement in its share price and volume was driven purely by market forces beyond its control. The company noted that IRDAI's consultation paper on recalibrating insurance distribution economics remains at the proposal stage and is not a final regulatory directive.
R Systems International (+16.80%) shares surged after the company fixed the record date for its second interim dividend of ₹8 per share (800% of face value) for 2026.
Som Distilleries & Breweries (+8.42%) rose after the Madhya Pradesh High Court quashed the state’s rejection of the company’s excise licence renewal applications and directed renewal within 15 days.
Optiemus Infracom (+6.78%) extended recent gains following the binding term sheet for a joint venture with Nothing Electronics for CMF products and positive sentiment around mandatory BIS certification for smartphone screen protectors.
The top gainers and top losers of the major indices are given in the table below:
The closing values of the major Asian indices are given in the table below:
Weekly Moneylife Indices & Sector Trends
Moneylife Digital Team
25 September 2026
INDIAN MARKET TRENDS
From 18th September to 25 September 2026, ML Micro-cap Index and ML Small-cap Index rose 1% as did ML Mid-cap Index.ML Large-cap Index ended flat. The Sensex, the NIFTY as well as ML Mega-cap Index fell 1%...
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25 September 2026
Moneylife’s market breadth indicators maintained their position of neutral strength territory this week. The trends of the major indices in the course of the week's trading are given in the table below:
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