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

Indian equity market indices Sensex and Nifty rebounded sharply and closed higher, supported by strong gains in IT and auto stocks.

At the closing bell, the BSE Sensex  closed higher by 336 points (up 0.4%)

Meanwhile, the NSE Nifty closed 120 points higher (up 0.4%).

Adani Ports, M&M, and HCL Tech are among the top gainers today.

Baja Finance, Kotak Mahindra, and Tata Steel, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  25,820 with 154 points higher at the time of writing.

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

Sectoral indices are trading mixed today, with stocks in the financial services sector and the healthcare sector witnessing selling pressure. Meanwhile, stocks in the services sector and telecommunications sector witnessed buying.

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

Gold prices for the latest contract on MCX are trading 0.6% higher at Rs 12 per 14,776 grams.

Meanwhile, silver prices were trading 0.8% higher at Rs 154,918 per 1 kg.
 

Syrma SGS Technology Q2 Results

In the news from engineering sector, shares of Syrma SGS Technology surged 6% after the company reported its Q2 FY26 results.

Revenue from operations increased 37.60 per cent to Rs 11.4 bn, up from Rs 8.3 bn in the same period last year.

Operating performance was equally strong. The EBITDA jumped 62.3% year-on-year to Rs 1.1 bn. The EBITDA margin improved to 10.05%, from 8.51% in the same period last year. This is supported by better capacity utilisation and cost control.

Syrma SGS Technology reported a 76.77% rise in net profit to Rs 0.6 bn for the quarter ended September 2025, compared with Rs 0.4 bn in the corresponding quarter of the previous year.

Syrma SGS has signed an agreement to buy a 60% stake in Elcome Integrated Systems, a defence and maritime electronics company. This move will help Syrma SGS expand its presence in the growing defence electronics sector.
 

Ather Energy Q2 Results

Moving on to the news from auto sector, shares of Ather Energy came into focus after the company reported its Q2 FY26 results.

Due to consistent volume growth and stable pricing, electric scooter manufacturer Ather Energy reported total income of Rs 9.4 bn for the quarter ending September 30, up 40% from the previous quarter and 57% from the same period last year. 12% of total revenue came from non-vehicle sources, primarily software subscriptions, charging services, accessories, spare parts, and maintenance.

EBITDA losses narrowed to Rs 0.9 bn.

The company said this progress reflects Ather's strengthening financial performance and its consistent path toward profitability as it scales rapidly.

However, expansion pushed costs higher. Total expenses rose to Rs 10.9 bn, up from Rs 7.9 bn a year ago. Material costs increased to Rs 736.4 crore from Rs 503 crore in the same period last year.

Additionally, the Bengaluru-based company reduced its net loss from Rs 1.9 bn to Rs 1.5 bn during the same time last year.
 

HUDCO Q2 Results

Moving on to the news from finance sector, shares of HUDCO came into focus after the company reported its Q2 FY26 results.

According to a regulatory filing made by Hudco, the company's total income increased from Rs 25.2 bn in the same period last year to Rs 32.5 bn in the second quarter of this fiscal year.

The company earned interest income in the second quarter at Rs 31.9 bn as against Rs 18.4 bn a year ago.

Additionally, compared to the same period last year, when expenses were Rs 15.2 bn, they increased to Rs 22.9 b during the quarter.

The state-owned company had earned a net profit of Rs 7.1 bn in the year-ago period.

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