Nifty, Sensex Trending Higher – Thursday Market Report

Moneylife Digital Team 11 September 2025

On Thursday, 2107 stocks advanced, 2010 declined and 182 remained unchanged on Bombay Stock Exchange with advance decline ratio of 1.05 indicating a positive closing. Moneylife’s Market Breadth Indicators moved into emerging strength territory. This marks a subtle but notable change in market tone, as a growing number of stocks begin to trade above their 20-, 50-, and 200-day EMAs. While not yet indicative of full-fledged bullish conviction, the move suggests improving internal breadth and early signs of renewed participation across segments after a prolonged consolidation phase.

The trend of the major indices on Thursday’s trading is given in the table below.

On NSE, 53 securities advanced and closed at a new 52-week high whereas 26 securities sank to close at their new 52-week lows. Nifty IT and Nifty Autp were the biggest losers. Nifty Media, Nifty Energy and Nifty PSU Bank were the biggest gainers.

ACME Venus Urja, a subsidiary of ACME Solar Holdings (+3.51%), secured Rs3,892 crore in 19-year project financing from SBI for a 400 MW Firm and Dispatchable Renewable Energy project in Barmer, Rajasthan. Contracted with NHPC at Rs4.64/unit, the solar-plus-BESS facility will deliver steady, dispatchable green power, marking SBI’s first funding in ACME’s FDRE portfolio and the company’s largest loan from the bank to date.

Kalpataru Projects International (+2.61%), along with its overseas subsidiaries, bagged Rs2,720 crore in new EPC orders across power transmission & distribution projects in India and abroad, and buildings & factories contracts domestically. With these wins, FY25-26 order intake has reached Rs12,620 crore, bolstering KPIL’s pipeline across core verticals and reinforcing its presence in both domestic T&D and repeat B&F mandates from private developers.

Veranda Learning (-0.67%) demerged its commerce vertical into a new entity, J.K. Shah Commerce Education Limited, under its ‘Veranda 2.0’ strategy to sharpen focus on finance and accounting test prep, including CPA and CFA courses. Ahead of the spin-off, it acquired the remaining 24% in Veranda XL Learning Solutions, consolidating brands like J.K. Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce, and Logic School of Management under one independent platform.

Prostarm Info Systems (+2.73%) bagged Rs158.68 crore contract from the Maharashtra Home Department to supply, install, commission, and maintain CCTNS IT infrastructure across police establishments. Part of the National e-Governance Plan, the project will enhance integrated policing capabilities, marking a major public-sector tech milestone for the power and IT solutions provider.

Gautam Adani’s efforts to settle US fraud and bribery charges have stalled, with talks losing momentum amid heightened US India tensions over trade, Russian oil, and regional conflicts. US prosecutors continue to pursue a criminal case tied to an alleged $250 million bribery scheme, alongside a parallel SEC civil suit, leaving the Adani Group facing a prolonged regulatory overhang that hampers overseas deals and financing.

SpiceJet (+1.75%) settled with Carlyle Aviation Partners, unlocking $89.5 million in liquidity—$79.6 million in cash maintenance reserves and $9.9 million in credits to offset lease dues. The pact restructures $121.18 million in lease obligations via a $50 million equity issuance, with any share-sale proceeds above that threshold partly offsetting future lease payments. The deal is positioned as a key step in SpiceJet’s balance sheet repair and ongoing restructuring drive.