Market Commentary - Mid-Session
28-Nov-2025 10:33
Nifty above 26,200 level; auto shares gear up
At 10:30 IST, the barometer index, the S&P BSE Sensex, surged 77.53 points or 0.09% to 85,797.91. The Nifty 50 index rose 19 points or 0.07% to 26,234.55.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.12% and the S&P BSE Small-Cap index shed 0.10%.
The market breadth was positive. On the BSE, 1,834 shares rose and 1,724 shares fell. A total of 208 shares were unchanged.
New Listing:
Shares of Sudeep Pharma were currently trading at Rs 764.05 at 10:20 IST on the BSE, representing a premium of 28.84% as compared with the issue price of Rs 593.
The stock was listed at Rs 733.95, exhibiting a premium of 23.77% to the issue price.
So far, the stock has hit a high of 777 and a low of 726. On the BSE, over 20.87 lakh shares of the company were traded in the counter so far.
Buzzing Index:
The Nifty Auto index rose 0.46% to 27,729.45. The index fell 0.33% in the past trading session.
Mahindra & Mahindra (up 2%), Exide Industries (up 1.32%), TVS Motor Company (up 0.8%), Hero MotoCorp (up 0.49%), Sona BLW Precision Forgings (up 0.45%), Maruti Suzuki India (up 0.18%), and Eicher Motors (up 0.13%) rose.
Stocks in Spotlight:
Refex Industries rallied 9.88% after the company received an order from a large business conglomerate for excavation, loading, and transportation of pond ash/bottom ash.
Oriental Rail Infrastructure rose 1.96% after it bagged a contract worth Rs 25,545,135.60 from North Western Railway, Indian Railways, for the manufacture & supply of 726 coupler bodies with shank wear plates used in freight wagons.
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