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

Indian equity market indices Sensex and Nifty closed flat after swinging between gains and losses in the early session.

At the closing bell, the BSE Sensex closed lower by 61 points (down 0.1%).

Meanwhile, the NSE Nifty closed 19 points lower (down 0.1%).

Tita Company, SBI, and Trent are among the top gainers today.

Maruti Suzuki, Axis Bank, and ICICI Bank, on the other hand, were among the top losers today.

The GIFT Nifty was trading at  24,688, lower by 17 points at the time of writing.

The BSE MidCap index ended 0.3% higher, and the BSE SmallCap index ended 0.2% lower.

Sectoral indices are trading negatively today, with stocks in the realty sector and the auto sector witnessing selling pressure.

The rupee is trading at Rs 88.1 against the US$.

Gold prices for the latest contract on MCX are trading 1% higher at Rs 114,985 per 10 grams.

Meanwhile, silver prices were trading 1.2% higher at Rs 143,539 per 1 kg.
 

Reliance Power Sells Indonesian Coal Assets

In the news from power sector, shares of Reliance Power came in focus after Reliance Power Netherlands B.V. and Reliance Natural Resources (Singapore) Pte. Ltd. signed an agreement with Biotruster (Singapore) Pte. Ltd. to sell 100 per cent equity in five Indonesian coal entities - PT Avaneesh Coal Resources, PT Heramba Coal Resources, PT Sumukha Coal Services, PT Brayan Bintang Tiga Energi, and PT Sriwijaya Bintang Tiga Energi.

The transaction is worth Rs 10.6 billion (bn), according to the exchange filing.

Aside from that, on 19 September 2025, Reliance Infrastructure and Reliance Power stated that their company's operations would not be impacted by the chargesheets filed by the Central Bureau of Investigation (CBI) against Reliance Commercial Finance (RCFL), Reliance Home Finance (RHFL), and group chairman Anil Ambani.
 

Natural Gas Boosts Oil India Shares

Moving on to the news from oi &gas sector, shares of Oil India surges 3% after the company said it discovered natural gas at its Vijayapuram-2 exploratory well in the Andaman Shallow Offshore Block, with initial tests confirming gas inflows.

According to the company, the presence of natural gas has been verified by preliminary analysis of gas samples taken during intermittent inflows as part of initial production testing. To learn more about the origins of the gas, more isotope studies are being conducted.

The company claims that this finding might point to the existence of a hydrocarbon source, migration route, or accumulation, which could direct future drilling and exploration tactics. To further assess the reported occurrence of gas, it is also testing higher-up prospects.

Intending to make a significant discovery, India's upstream firms, such as ONGC and Oil India, are conducting exploration operations in their respective Andaman blocks. While they wait for a breakthrough in the region, the companies have started drilling wells.

Following the company's annual general meeting (AGM) earlier this month, Chairman and Managing Director announced that the company is aiming to invest Rs 1,300 bn by 2030 as part of a significant plan to pursue deep-water exploration projects.

Additionally, the company intends to increase its investments in green energy sectors such as compressed biogas (CBG), biofuels, and green hydrogen. In the current fiscal year, it plans to invest Rs 170 bn.
 

HDFC Bank's Dubai Branch Faces Restrictions

Moving on to the news from baking sector, shares of HDFC Bank came into focus after the Dubai Financial Services Authority (DFSA) barred the lender from onboarding new clients or undertaking fresh business via its Dubai International Financial (DIFC) branch.

Following its DIFC branch's receipt of the DFSA decision notice that same day, HDFC Bank notified the stock exchanges on 26 September 2025.

The prohibition extends to financial product advice, credit arrangement, investment deal arranging, credit advice, and custody arrangement. Additionally, the DIFC branch is not allowed to approach, onboard, or offer financial incentives to new customers.

The reason for ban follows HDFC Bank's DIFC branch provided financial services to customers who weren't properly onboarded by the branch. There were problems with the branch's customer onboarding process. Other related issues also contributed to the ban.

Onboarding clients who may have previously been offered services and continuing to serve current clients are exempt from the ban.

According to HDFC Bank, it has taken action to comply to the directives and will cooperate with the DFSA in the ongoing investigation to address the issues as soon as possible.

The lender added that the DIFC branch business is not material to overall operations or its financial position and would have not have a significant impact.

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