It is another listless session on Dalal Street. The Nifty is hovering around the 25,700 levels while the Sensex has fallen over 300 points. Weak global cues and mixed corporate earnings kept the mood cautious. The Nifty PSU Bank index, which had been powering ahead for nearly a week, also cooled off, down 0.5% at 8,299.65.
Broader markets mirrored the sentiment with selective buying in renewables and capital goods. Here is a look at the top movers and shakers at this hour:
Reliance Infrastructure
Reliance Infrastructure share price fell 5% to Rs 193.70, hitting a one-year low after the Enforcement Directorate (ED) attached assets allegedly linked to the Anil Ambani Group under the Prevention of Money Laundering Act (PMLA). The stock fell for the second day today.
In its exchange filing, Rel Infra confirmed that “certain assets” had been attached but clarified the development will have no operational impact on its business or stakeholders. The company stressed that Anil Ambani has not been on its board for over three and a half years.
The other Anil Ambani Group stocks like Reliance Power, Reliance Home Finance are also under significant pressure for the second day running.
Power Grid
The Power Grid share price saw a sharp 3% slide after negative Q2 results. The Q2 net profit has fallen 6% while Q2 revenue saw a 2% uptick. The Q2 margins contracted 79.4% from 86% in Q2FY25. The company announced first interim dividend of Rs 4.50 per equity share for FY26. It has set November 10 as the record date.
Suzlon Energy
Suzlon share price jumped 3.54% to Rs 61.34 after the company delivered yet another blowout quarter. Consolidated net profit surged over 539% year-on-year to Rs 1,279.44 crore in Q2 FY26, compared to Rs 200.20 crore in the same quarter last year.
Revenue also soared 84.7% to Rs 3,865.54 crore. Operating margins expanded sharply to 18.6% from 14.1%. The company’s wind order book and project execution continue to gain pace, and the Street rewarded it for that.
Suzlon’s stock, up nearly 70% year-to-date, remains one of the top-performing renewable energy plays in 2025.
Titan Company
Titan share price rose 2.3% to Rs 3,810 after the Tata Group jeweller reported a 59% jump in consolidated net profit to Rs 1,120 crore for Q2 FY26. Total income surged 28.5% year-on-year to Rs 18,837 crore, supported by strong jewellery demand during the festive buildup.
PSU Bank stocks
Public sector banks have been stealing the spotlight all week. This sector is expected to stay in focus as State Bank of India (SBI) gears up to release its Q2 FY26 earnings later today.
The Nifty PSU Bank index had rallied nearly 10% in the past month, owing to positive results from smaller lenders like Bank of Baroda, Punjab National Bank, and Bank of Maharashtra. Punjab National Bank, for instance, reported a 14% rise in Q2 profit to Rs 4,904 crore, driven by stronger asset quality and stable margins.
Now, it’s SBI’s turn. Analysts expect a mild decline in both profit and net interest income due to lower treasury gains and a slight compression in margins. Gross NPAs are forecast to improve to around 1.8%, while net NPAs are likely steady near 0.5%. Loan growth and deposit traction remain the key metrics to watch, as per various media reports. SBI share price was trading flat ahead of its Q2 results.
Mobikwik
Mobikwik share price slipped 4.41% after the fintech firm’s losses widened in Q2 FY26. The company posted a net loss of Rs 29 crore, compared to Rs 4 crore in the same quarter last fiscal.
Revenue from operations fell 7% year-on-year to Rs 270 crore. On a sequential basis, it remained flat. Though losses narrowed from Q1 levels of Rs 41.9 crore, the Street viewed the results as disappointing, especially given the company’s pre-IPO optimism around profitability.
Hitachi Energy India
Hitachi Energy share price surged over 13% to Rs 20,351, closing in on its 52-week high after a robust Q2 showing. The company reported a 23.3% YoY rise in revenue to Rs 1,915.2 crore and an astounding 405.6% jump in profit after tax to Rs 264.4 crore.
Operating EBITDA climbed 130.5% from last year, and orders in its high-voltage direct current (HVDC) segment jumped 28%, signalling sustained demand in power transmission.
By late morning, the stock traded around Rs 20,250 on the NSE with over Rs 1,270 crore worth of shares changing hands.