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

Indian equity market indices Sensex and Nifty were higher on Friday for the second consecutive session, supported by positive sentiments around the Reserve Bank of India's (RBI's) policy decision.

At the closing bell, the BSE Sensex closed higher by 224 points (up 0.3%).

Meanwhile, the NSE Nifty closed 58 points higher (up 0.2%).

Tata Steel, Power Grid Corp, and Axis Bank are among the top gainers today.

Tech Mahindra, Maruti Suzuki, and Sun Pharma, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,970, higher by 19 points at the time of writing.

The BSE MidCap index ended 0.7% higher, and the BSE SmallCap index ended 1.1% higher.

Barring the realty sector and healthcare sector, all other sectoral indices are trading positively today, with stocks in the metal sector and financial industrial sector witnessing buying.

The rupee is trading at Rs 88.8 against the US$.

Gold prices for the latest contract on MCX are trading 0.1% higher at Rs 117,595 per 10 grams.

Meanwhile, silver prices were trading 0.4% lower at Rs 144,043 per 1 kg.
 

Reliance Launches Campa Sure Water Brand

In the news from the industry sector, shares of Reliance Industries came into focus as its FMCG division, Reliance Consumer Products, makes a calculated move into India's Rs 300 billion (bn) packaged water market.

The company is getting ready to introduce Campa Sure, a new mass-priced bottled water brand, with aggressive pricing to upend the highly competitive and fragmented market.

Without pursuing acquisitions, Reliance Consumer Products has stated its intention to work with local water producers for distribution and bottling.

The initiative, which is organised around bottling, technology, and possible branding partnerships, is aimed at guaranteeing governance standards for smaller brands, according to the director of Reliance Consumer Products.

Within the next two weeks, Campa Sure, which starts at Rs 5 for 250 ml bottles, will start to be sold in Northern markets.

This move echoes the pricing strategy previously used for Campa soft drinks, which launched at Rs 10 for 200 ml bottles and led to price cuts and packaging changes by PepsiCo and Coca-Cola.

According to reports, Reliance is negotiating the rollout phase with roughly two dozen regional players in Northern India. Under its staples franchise, it also sells Independence, a different packaged water brand that is more expensive than Campa Sure.

The introduction of Campa Sure also takes place while the government implemented GST 2.0 on September 22, which reduced the 18% GST on packaged drinking water-including mineral and artificial water-to 5%, enabling a more competitive pricing environment in the industry.
 

Tariffs Hit Unimech Aerospace's Q2 Revenue

Moving on to the news from aerospace sector, shares of Unimech Aerospace and Manufacturing declined 5% after the company informed that it continued to experience a slowdown in revenues in the September quarter (Q2FY26).

It is anticipated that Q2FY26 revenues will be slightly lower than Q1FY26 revenues.

Due to customers continued monitoring of the tariff environment, which has caused order pick-up delays, the imposition of US tariffs is the reason for this decline in export revenue realisation.

As a result, it is anticipated that quarterly profit will decrease in comparison to the previous quarter.

The tariffs will likely impact business performance, making it challenging to meet the full-year revenue target for FY26 due to prevailing headwinds.
 

KRBL Acquires PACL Assets

Moving on to the news from FMCG sector, shares of KRBL, major basmati rice producer and owner of the India Gate brand came into focus after it has been declared the successful bidder in the e-auction conducted by the Justice (Retd.) R.M. Lodha Committee in the matter of PACL Limited.

Immovable properties located in Panipat, Haryana, were up for auction. The reserve price of Rs 1 bn was much lower than KRBL's final bid of Rs 4 bn.

According to the company, the properties will be used for setting up a plant, carrying out warehousing and allied activities, or for partial monetisation of land.

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