The Indian headline indices ended Tuesday’s trading session in the flat note. The Sensex closed at 84,703.73, down 0.09%, while the Nifty settled at 25,936.20, slipping 0.11%.
The Nifty Bank ended higher at 58,214.10, down 0.17%.
Let’s take a look at the key highlights of today’s trade-
Top gainers
Tata Steel emerged as one of the top gainers from the Sensex pack, climbing sharply after a strong rally in global steel prices. Larsen & Toubro (L&T) and State Bank of India (SBI) also lent support to the index, ending in the green.
Key losers
On the downside, Tech Mahindra, HCL Tech, Bajaj Finserv, Bajaj Finance, and Trent were among the top laggards in today’s session. Tech Mahindra and ICICI Bank also ended in negative territory.
Midday movers
The day saw sharp stock-specific moves. Tata Steel extended gains, jumping nearly 3% intraday. In contrast, Supreme Industries slumped over 4% after posting a muted September-quarter performance, with EBITDA down 7% year-on-year due to weak demand and volatile PVC prices.
Footwear major Bata India tumbled 7% after its Q2 net profit dropped 73% year-on-year to Rs 13 crore, dampened by sluggish sales. Meanwhile, Kirloskar Oil Engines rallied over 7% following strong operational updates, while MCX slipped more than 2% amid a technical outage that disrupted trading activity on the commodity exchange.
Q2 earnings to watch: Key results lined up for October 29
On October 29, several major companies are set to release their quarterly results. The list includes Mahanagar Gas, NTPC Green Energy, Bharat Heavy Electricals (BHEL), Coal India, RailTel Corporation (RailTel), Steel Authority of India (SAIL), and Hindustan Petroleum Corporation (HPCL).
Other key names to watch include PB Fintech, Sanofi India, and engineering giant Larsen & Toubro (L&T). FMCG players like United Breweries and Varun Beverages (VBL) will also remain in focus.