Sensex Today Ends 136 Points Higher; Nifty Above 25,100

After opening the day higher, the benchmark indices continued their upward momentum, ended the session in green.

Indian equity market indices Senex and Nifty extended their winning streak on Tuesday amid buying in heavyweights like Reliance Industries, ICICI Bank, HDFC Bank, and Bharti Airtel.

At the closing bell, the BSE Sensex closed higher by 136 points (up 0.2%).

Meanwhile, the NSE Nifty closed 31 points higher (up 0.1%).

Bharti Airtel, HCL Tech, and Tata Steel are among the top gainers today.

Axis Bank, Tata Motors, and Trent, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,95,0 higher by 189 points at the time of writing.

The BSE MidCap index ended 0.4% higher, and the BSE SmallCap index ended 0.1% lower.

Sectoral indices are trading mixed today, with stocks in the metal sector and the power sector witnessing selling pressure. Meanwhile, stocks in the IT sector and the banking sector witnessed buying.

The rupee is trading at Rs 88.7 against the US$.

Gold prices for the latest contract on MCX are trading 0.1% higher at Rs 120,389 per 10 grams.

Meanwhile, silver prices were trading 0.3% lower at Rs 147,084 per 1 kg.
 

Metropolis Healthcare Q2 Update Boosts Shares

In the news from healthcare sector, shares of Metropolis Healthcare surged 4.45 after the company released its September quarter (Q2FY26) results.

According to the company filing, it achieved a 23% year-over-year (Y-o-Y) increase in consolidated revenue, primarily due to strong momentum in wellness programs and preventive health examinations like TruHealth.

Core Diagnostics moved from a breakeven position in Q4FY25 to a low single-digit positive margin in Q1FY26 and is currently operating at a high single-digit margin in Q2FY26 following the acquisition. As previously mentioned, it is anticipated that continuous enhancements in operational efficiency, operating leverage, and synergies will sustain margin growth.

Furthermore, Scientific (Agra) and DAPIC (Dehradun) have continuously outperformed the company's average margin.

Operating leverage in the organic business and integration synergies at Core Diagnostics helped to support the company's EBITDA margin, which remained strong at the consolidated level and improved overall margin on a quarter-over-quarter (Q-o-Q) basis.

In Q2FY26, the TruHealth Wellness and Speciality segments saw year-over-year growth of 25% and 36%, respectively.

Business-to-business (B2B) revenue growth was 34% due to the increased contribution of B2B business in Core Diagnostics, while business-to-consumer (B2C) revenue growth was approximately 16% on a year-over-year basis.

The company has a net cash surplus of Rs 0.5 billion (bn) and is debt-free overall.

Besides, revenues grew by 12 per cent Y-o-Y, driven by an increase in patient and test volumes, a favourable shift in product mix, and improved realizations.
 

Metropolis Healthcare Share Price - 1 Month


Oil India, MGL Partner for LNG

Moving on to the news from oil & gas sector, Oil India (OIL) said that it has signed a memorandum of understanding (MoU) with Mahanagar Gas (MGL) for exploring opportunities across the LNG value chain and in emerging clean energy areas.

OIL has a well-defined roadmap for advancing clean energy projects in addition to an extensive hydrocarbon exploration and development program with plans to significantly boost gas production.

After making a successful entry into the LNG value chain, MGL now runs retail LNG stations and is actively working on additional clean energy projects.

The two organisations will work together under the MoU to investigate prospects in new clean energy fields as well as throughout the LNG value chain.

Oil India's Operation Director said the partnership will assess the technical and commercial viability of LNG in heavy-duty transport and explore clean energy projects. The goal is to scale up feasible pilot projects commercially.
 

Coal India Explores Critical Mineral Ventures

Moving on to the news from mining sector, state-owned Coal India Ltd. (CIL) announced that it and Chhattisgarh Mineral Development Corporation Ltd. (CMDC) had signed a non-binding Memorandum of Understanding (MoU) to work together on the exploration and exploitation of critical minerals as well as other minerals of shared interest.

A project of the Chhattisgarh State Government is CMDC. With an emphasis on areas of strategic and economic significance, the MoU seeks to improve collaboration between the two organisations in the identification and development of mineral resources.

The company's September production fell 3.9% to 48.97 million tonnes from 50.94 million tonnes, while its offtake decreased 1.1% to 53.56 million tonnes from 54.16 million tonnes year over year.

The Ministry of Mines, Government of India, announced the company as the preferred bidder for the Ontillu-Chandragiri Rare Earth Element (REE) exploration block in September.


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Disclosure: Equitymaster Agora Research Private Limited (Research Analyst) bearing Registration No. INH000000537 (hereinafter referred as 'Equitymaster') is an independent equity ...

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