After opening the day lower, the benchmark indices continued their downward momentum and ended the session in the red.

Indian equity market indices Sensex and Nifty closed lower for the second straight session on Thursday, led by a selloff in media, metal, and consumer durables stocks.

At the closing bell, the BSE Sensex  closed lower by 148 points (down 0.2%)

Meanwhile, the NSE Nifty closed 88 points lower (down 0.3%).

Asian Paints, M&M, and TCS are among the top gainers today.

Power Grid Corp, Tata Steel, Bharat Elec, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,590, lower by 63 points at the time of writing.

The BSE MidCap index ended 1.1% lower, and the BSE SmallCap index ended 1.5% lower.

Barring the telecommunication sector, all other sectoral indices are trading negatively today, with stocks in the IT sector and the metal sector witnessing selling pressure.

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

Gold prices for the latest contract on MCX are trading 0.5% higher at Rs 121,150 per 10 grams.

Meanwhile, silver prices were trading 0.6% higher at Rs 148,279 per 1 kg.
 

Adani Enterprises Q2 Results

In the news from trading sector, shares of Adani Enterprises declined 5% after the company reported its Q2 FY26 results.

The company's revenue declined 6% to Rs 212.4 billion (bn) in Q2FY26 as against Rs 226.1 bn in Q2FY25 on weakness in its mainstay coal trading division.

EBITDA for the second quarter of fiscal year 2025-2026 (Q2FY26) at Rs 39 bn.

According to Adani Enterprises' Q2 earnings presentation, the decline in trade volume and price volatility in integrated resources management (IRM) and commercial mining were the main causes of the impact on EBITDA.

The company reported 84% increase in net profit at Rs 31.9 bn for the quarter ended 30 September 2025, on one-time gain of Rs 35.8 bn.

Adani Enterprises' board, on 4 November 2025, approved raising up to Rs 250 bn through a rights issue of partly paid-up equity shares of Rs 1 each. The record date will be announced later.

A Rights Issue Committee meeting on 11 November 2025, will decide key terms, including issue price, payment mechanism, entitlement ratio, record date, and schedule.
 

Britannia Industries Q2 Results

Moving on to the news from FMCG sector, shares of Britannia Industries surged 5% after the company reported its Q2 FY26 results.

The reporting quarter's consolidated revenue from operations was Rs 48.4 bn, up 4.1% YoY from the September 2024 quarter's Rs 46.7 bn.

During the quarter, Britannia Industries reported reasonable revenue growth, while its profit rose by 23.2%. The company attributed this performance to relatively stable commodity prices and continued efforts to optimise costs across the value chain, according to Vice Chairman and Managing Director Varun Berry.

During the reviewed quarter, Britannia's total expenses came to Rs 40 bn.

In the September quarter, its total revenue, which includes other revenue, increased 3.8% to Rs 48.9 bn.

Britannia Industries reported a 23.23% rise in consolidated net profit to Rs 6.5 bn for the September quarter, helped by stable commodity prices and cost optimisation efforts.
 

CSB Bank Q2 Results

Moving on to the news from banking sector, shares of CSB Bank surged 5% after the company reported its Q2 FY26 results.

The net interest income (NII) of the bank backed by Fairfax increased by 15% year over year, from Rs 3.6 bn in Q2 FY25 to Rs 4.2 bn in Q2 FY26, and by 12% from Rs 3.8 bn in the prior quarter.

As of September, its gross non-performing assets were 1.81%, up from 1.84% in the second quarter of the previous year.

Net non-performing assets were at 0.52%, down from 0.66% a year ago.

Thrissur-based CSB Bank reported a 16% rise in profit after tax (PAT) for the second quarter of the current financial year, reaching Rs 1.6 bn compared to Rs 1.4 bn in the same period last year.

More By This Author:

Sensex Today Trades Higher; Nifty Above 25,600
Sensex Today Tanks 519 Points; Nifty Below 25,600
Nifty Below 25,700; Sensex Today Trades Lower