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

Indian equity market indices Sensex and Nifty ended lower on Tuesday, pressured by the monthly expiry of Nifty F&O contracts for the November series.

At the closing bell, the BSE Sensex closed lower by 314 points (down 0.4%).

Meanwhile, the NSE Nifty closed 74 points lower (down 0.3%).

Bharat Elec, SBI, and Tata Steel are among the top gainers today.

Trent, Infosys, and Power Grid Corp, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  26,044 at 78 points higher at the time of writing.

The BSE MidCap index ended 0.1% higher, and the BSE SmallCap index ended 0.2% higher.

Sectoral indices are trading mixed today, with stocks power sector and the oil & gas sector witnessing selling pressure. Meanwhile, stocks in realty and metal sectors witnessed buying.

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

Gold prices for the latest contract on MCX are trading 0.9% higher at Rs 124,986 per gram.

Meanwhile, silver prices were trading 1% higher at Rs 156,076 per 1 kg.
 

New Orders Boost Apollo Micro Shares

In the news from defence sector, shares of Apollo Micro Systems came into focus after the company received orders amounting to Rs 0.27 billion (bn).

According to the filing, DRDO gave an order worth Rs 0.05 bn and a private company provided an order of Rs 0.21 bn.

The company had earlier secured an export order worth $1,892,500, though no additional details were disclosed.

Additionally, its subsidiary Apollo Defence Industries recently finalized the acquisition of IDL Explosives.

With this transaction completed, IDL Explosives Limited has now become a step-down subsidiary of Apollo Micro Systems.
 

Pavna Industries surges on UP agreement

Shares of Pavna Industries Ltd. jumped nearly 10% on Tuesday after the company announced that it had signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh on 24 November 2025, according to an exchange filing.

As part of the agreement, Pavna Industries plans to invest Rs 2.5 bn over the next three to five years in a proposed project in the state, which is expected to generate around 500 jobs. The company clarified that it would hold no shareholding in the government entity involved.

The Uttar Pradesh government, in turn, will support the company by facilitating necessary permissions, registrations, approvals and clearances, as well as helping it access incentives available under various state and central schemes.

Earlier this month, Pavna Industries announced the acquisition of an additional 4.33 acres of land near the upcoming Jewar Airport in Uttar Pradesh, further expanding its contiguous land bank in the region.
 

REC Power deal lifts Ceigall India

Ceigall India's shares rose on Tuesday after the company received an LOI from RECPDCL to build a 400/220 kV GIS substation at Velgaon, Maharashtra under the TBCB route, a move that strengthens its position in the high-voltage power transmission segment.

The Velgaon GIS project involves an EPC cost of approximately Rs 4.5 bn and is expected to be completed within 24 months, followed by a 35-year operation and maintenance (O&M) period. During the O&M phase, Ceigall will earn an annual annuity of ?58.5 crore, ensuring long-term, predictable cash flows that balance its typically transactional EPC business.

This project also enhances the company's portfolio of stable, annuity-generating assets. According to Ceigall, the LOI adds to its growing order book for FY25-26, which already includes national highway upgrades, bridge construction, mobility corridors, and critical urban infrastructure projects.

With the Velgaon assignment, Ceigall continues to deepen its presence in the power transmission and distribution space, further positioning itself as an integrated and sustainable infrastructure company.

More By This Author:

Sensex Today Trades Flat; Bharat Elec & Reliance Industries Top Gainers
Sensex Today Ends 331 Points Lower; Nifty Below 26,000
Sensex Today Trades Flat; Tata Steel & Adani Ports Top Losers