By My Newspaper | Market Updates
Stocks Making Biggest Moves Today: Indian equity markets continued their winning momentum on Thursday, with benchmark indices extending gains through midday trading. The Nifty 50 surged past the 26,100 mark, while the Sensex climbed more than 780 points to 85,206, lifted by strength across technology, banking, FMCG, and defence stocks.
Here’s a detailed look at the stocks making the biggest moves today and what’s driving their performance.
Infosys: Founders Skip Buyback, Shares Rally 4%
Shares of Infosys Ltd soared nearly 4% after the IT giant announced that its promoters and promoter group — including Nandan Nilekani and Sudha Murty — will not participate in the company’s ₹18,000 crore share buyback.
Market experts interpreted this as a strong signal of confidence from the founders, reflecting faith in the company’s long-term growth potential.
Infosys’ move also comes as sentiment in the Indian IT sector improves, supported by stable global demand, easing inflation, and strong U.S. order pipelines. Analysts believe the stock could test ₹1,900 in the near term if positive momentum continues.
Hindustan Unilever (HUL): Q2 Earnings Lift Stock 3%
Hindustan Unilever Ltd (HUL) rose nearly 3%, touching ₹2,667.55 after reporting steady Q2 FY26 earnings. The FMCG major posted a net profit of ₹2,690 crore, up from ₹2,612 crore a year earlier — representing 3% YoY growth.
Trading activity spiked, with over 16 lakh shares changing hands, exceeding the weekly average. Analysts credit this uptrend to sustained urban demand, improved margins, and strong cost control, even as rural recovery remains moderate.
With the festive season approaching, FMCG counters like HUL are expected to remain on investors’ radar.
Bharat Electronics (BEL): Defence Order Win Boosts Stock
Shares of Bharat Electronics Ltd (BEL) climbed 0.63% to ₹420.25 after the state-run defence electronics leader bagged a ₹633 crore order (excluding taxes) from Cochin Shipyard Ltd.
The deal includes supply of sensors, fire-control systems, weapon control platforms, and advanced communication modules — reinforcing BEL’s dominance in India’s growing defence manufacturing sector.
Currently trading just 3.6% below its 52-week high of ₹435.95, BEL has surged more than 75% from its yearly low of ₹240.15. With a market capitalization exceeding ₹3 lakh crore, it continues to be a preferred choice for long-term investors betting on India’s defence expansion.
Textile Stocks Shine: Trade Deal Hopes Spark Sector Rally
The textile sector saw broad-based strength, with select counters rallying up to 17% amid optimism over a possible India–U.S. trade agreement.
Top gainers included Vardhman Textiles, Gokaldas Exports, Kitex Garments, Trident, Indo Count Industries, Pearl Global, Welspun Living, and KPR Mill.
Market chatter suggests the U.S. may consider reducing import duties on Indian textiles from 50% to nearly 15–16%, a potential game-changer for India’s export competitiveness. Analysts believe such policy changes could significantly boost margins and order inflows in the coming quarters.
Gold Loan Companies Under Pressure
On the flip side, gold loan providers remained under selling pressure as global gold prices corrected for the third consecutive session.
Muthoot Finance fell 4.29% to ₹3,134.20, while Manappuram Finance dropped 2.8% to ₹277.90. Over the last three sessions, Muthoot Finance has lost nearly 6% of its market value.
With bullion prices retreating from record highs near $4,000 per ounce, investors have begun booking profits. Analysts caution that further weakness in global gold prices could compress lending margins and impact earnings for gold-finance firms.
Market Outlook: Positive Bias, but Caution Advised
Overall, the mood in Dalal Street remains upbeat, backed by strong corporate earnings, festive demand expectations, and government capital expenditure momentum.
Analysts expect Nifty 50 to stay above the 26,000 mark, with sectors like IT, FMCG, and defence likely to provide near-term support. However, volatility may persist amid fluctuations in commodity prices, foreign fund flows, and U.S. interest rate signals.
Short-term traders are advised to maintain a stock-specific approach, focusing on companies with solid balance sheets and visible earnings growth.
Conclusion
The stocks making biggest moves today highlight India’s diverse market strength — from IT optimism and FMCG stability to defence expansion and textile resurgence. While some pockets like gold finance remain vulnerable, broader sentiment stays resilient as investors continue to buy into India’s growth story.
Disclaimer: This article is for informational purposes only. Investors should consult certified financial advisors before making trading decisions.
