The Indian markets were on a downward trend after the US imposed new tariffs and raised H-1B visa fees. Will the Indian markets be able to reverse the downtrend? Here are updates on all the stocks making headlines. You can check these stocks to stay informed about all key developments.
Earlier on Friday, the NSE Nifty 50 closed the session 236 points or 0.95% lower at 24,655, while the BSE Sensex fell 733 points or 0.90% to close at 80,426.
Stocks to watch on September 29, 2025
Bharat Electronics (BEL)
The Indian Army has issued a tender to buy five to six regiments of ‘Anant Shastra’ surface-to-air missile weapon systems to strengthen the air defence along the borders with Pakistan and China. The tender has been issued by the Indian Army to Bharat Electronics (BEL) to buy the Defence Research and Development Organisation (DRDO) developed Anant Shastra air defence missile system, which was earlier known as the Quick Reaction Surface to Air Missile system, defence officials told ANI.
Waaree Energies
Waaree Energies, India’s largest solar panel maker, is under investigation in the US for alleged evasion of anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations by labelling them as made in India. The company said on Friday that it had cooperated with the US investigations in the past and would continue to do so in the ongoing one. Waaree abides by all applicable local laws and regulations in every country that it operates, it added.
Sunteck Realty
Sunteck Realty launched an ultra-luxury residential property brand, Emaance. Properties under Emaance will be priced over Rs 2.5 lakh per square foot, which is among the most expensive prices in the country. The company plans to launch two properties under the brand initially, one in Napeansea Road, an affluent locality in South Mumbai, in the current financial year and Downtown Dubai, Burj Khalifa Community, which is Sunteck’s international foray.
HDFC Bank
The Dubai Financial Services Authority (DFSA) has barred HDFC Bank‘s Dubai branch from onboarding new clients, reports said. HDFC has announced that its Dubai International Financial Centre (DIFC) branch has received a formal direction from the DFSA in this regard. The directive of the DFSA, dated September 25, 2025, has prohibited the DIFC branch of the HDFC bank from soliciting or conducting business with new clients who had not completed the onboarding process by that date. Besides this, a range of financial services activities like advising on financial products, arranging investment deals, arranging or advising on credit, and custody-related services are all covered under the restrictions imposed on the branch.
Hindustan Unilever
Hindustan Unilever (HUL) said it saw a short-term impact on sales in the September quarter (Q2FY26) due to the GST 2.0 reforms that kicked in this week. The country’s largest consumer goods company made the disclosure in its first-ever business update to stock exchanges. The company pointed to a postponement of new orders by trade to clear existing stock and delayed pantry buying by consumers due to a slowdown in sales in September.
JSW Steel
The Supreme Court on Friday overturned its earlier decision ordering liquidation of Bhushan Power and Steel (BPSL), restoring approval to JSW Steel’s Rs 19,700-crore resolution plan. The bench headed by Chief Justice BR Gavai, along with Justices SC Sharma and K Vinod Chandran, stressed that the commercial wisdom of creditors must be given primacy and not interfered with lightly. It also criticised attempts by erstwhile promoters to stall the proceedings, noting that they had lost control of the company once insolvency was initiated.
Godawari Power & Ispat
Godawari Power & Ispat Ltd (GPIL) said it is conducting an internal inquiry into six deaths ”in an incident” at its plant in Chhattisgarh. Four officials and two workers were killed in an accident inside a furnace at a private steel plant in Chhattisgarh’s capital Raipur on Friday, while six others, including a general manager, suffered injuries, according to police.
Interarch Building Solutions
Interarch Building Solutions, a leading provider of pre-engineered steel buildings in India, on Saturday held the ceremony for its new plant in Attivaram, Andhra Pradesh. The facility, with a first-phase capacity of 25,000 metric tonnes and an investment of around Rs 100 crore, will cater to multi-storey steel buildings, data centres, semiconductor and electronic plants, and battery manufacturing facilities.
Deepak Nitrite
Deepak Nitrite said its wholly-owned subsidiary Deepak Chem Tech has commissioned its hydrogenation plant at Dahej, Bharuch district in Gujarat. The total capital expenditure for the project is approximately Rs 115 crore as of the date of commissioning. The new facility is expected to strengthen the company’s manufacturing capabilities and support its growth objectives.
VIP Industries
VIP Industries offloaded a 6.2% stake in the company on Thursday through a block deal worth Rs 343 crore. Piramal Vibhuti Investments and Kiddy Plast sold 88.4 lakh shares at an average price of Rs 388.2 apiece. Multiples Private Equity Fund picked up 60 lakh shares for Rs 233 crore, while Samvibhag Securities acquired 22 lakh shares for Rs 86 crore.