Nifty wavers after a starting on a positive note.
Nifty (+7, 25605)
Sensex (+189, 83648)
Bank Nifty (-157, 57670)
Nifty (CMP: 25605)
SUPPORT: 25471/25421
RESISTANCE: 25903/26107
TRADING RANGE (25550-26750)
BIAS: Neutral
SECTOR GAINER:
NIFTY AUTO (+0.61%)
NIFTY OIL& GAS (+0.57%)
NIFTY FMCG (+0.46%)
SECTOR LOSER:
NIFTY MEDIA (-1.46%)
NIFTY DEFENCE (-1.05%)
NIFTY METALS (-1.09%)
STOCKS IN SPOTLIGHT:
1) CCL Products (India) reported impressive Q2 financial results. Standalone net profit increased by 306% to Rs. 112.26 crores, with revenue from operations rising 28% to Rs. 559.18 crores.
Half-year standalone net profit grew 172% to Rs. 143.63 crores. Consolidated Q2 net profit reached Rs. 100.87 crores, with revenue up 53% to Rs. 1,126.73 crores. The company also approved a strategic investment in renewable energy, acquiring a 26% stake in Mukkonda Renewables Private Limited for Rs. 12.12 crores.
2) Allied Blenders and Distillers (0.83%) declined despite the company’s consolidated net profit stood jumped 35.21% to Rs 64.31 crore in Q2 FY26 as against Rs 47.56 crore posted in Q2 FY25. Revenue from operations (excluding excise duty) increased by 10.93% year-on-year (YoY) to Rs 962.53 crore in Q2 FY26.
3) One 97 Communications (+3.7%) gained after the company reported a consolidated net profit of Rs 21 crore in Q2 FY26, which is sharply lower as compared with the PAT figure of Rs 930 crore recorded in Q2 FY25. Revenue from operations during the period under review increased by 24% YoY to Rs 2,061 crore.
4) Interglobe Aviation(Indigo) (+1.92%) gained after the company’s consolidated net loss widens to Rs 2,582.1 crore in Q2 FY26, compared with net loss of Rs 986.7 crore in Q2 FY25, including the impact of currency movement pertaining to dollar based future obligations. Revenue from operations increased 9.34% to Rs 18,555.3 crore in Q2 Sept 2025, driven by strong operational execution and efficient capacity deployment.
KEY THEMES FOR THE DAY:
1) Nifty struggles for direction — a tug-of-war between the bulls and bears witnessed as both sides fought to make their mark — reflecting indecision and heightened volatility.
2) Sentiment still fragile at Dalal Street after Tuesday’s drubbing, the battle for directional clarity continues — and Nifty remains caught in a narrow range, wavering without conviction.
Caution is the buzzword!
2) The trading theme still revolves around persistent FIIs selling as this week, FIIs have already sold to the tune of ₹2,951 crore, triggering concerns over sustained pressure on Indian equities.
3) Key Q2 Earnings:
Thursday (November 5th): LIFE INSURANCE, CHOLAMANDALAM FINANCE, CUMMINS, ABB, APOLLO HOSPITALS, LUPIN, GODREJ PROPERTIES, NHPC, UPL, MCX, NCC, PRICOL.
Friday (November 6th): BAJAJ AUTO, HINDALCO, DIVIS LAB, TRENT, TORRENT PHARMA, NYKAA, KALYAN JEWELLERS, PETRONET LNG, NEULAND LAB.
Top Index Gainers:
ASIAN PAINTS (+5.37%)
INDIGO (+1.83%)
RELIANVCE (+1.82%)
M&M (+1.68%)
ADANI PORTS (+1.43%)
Top Index Losers:
HINDALCO (-6.21%)
GRASIM (-4.57%)
POWERGRID (-2.38%)
ADANI ENTERPRISES (-1.33%)
MAXHEALTH (-1.2%)
POWERGRID (-2.69%)
TATA CONSUMER (-2.6%)
ETERNAL (-1.57%)
BAJAJ AUTO (-1.16%)
HCL TECH (-1.08%)
10:10 AM GLOBAL UPDATE:
Dow Futures: (+45, 47356)
Nasdaq 100 Futures (+11, 25631)
Nikkei (+777, 50989)
Hang Seng (+426, 26361)
Dollar Index (+0.03%, 99.91)
WTI OIL (+0.27%, 59.74)
Gold (+4, 3985)
Securities in Ban for Trade Date: Thursday, November 6th 2025*
NIL
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