Closing Bell: Blue Dart Express, Five Star Business Finance among top gainers as Nifty Closes at 26,053; Sensex jumps 368 Points

Nifty 50 closed at 26,053.90, up by 117 points (0.51%). Bank Nifty closed at 58,399.65, up by 185.55 points (0.32%). Sensex closed at 84,997.13, up by 368.98 points (0.44%).

Adani Enterprises, Power Grid Corp, NTPC, Adani Ports, JSW Steel were among the biggest gainers on the Nifty, while losers included Dr Reddy’s Labs, Maruti Suzuki, Eternal, M&M, Coal India. BSE Midcap index added 0.7 percent, and the smallcap index rose 0.6%. Among sectors, except auto (down 0.7%), all other indices ended in the green with media, metal, oil & gas up 1-2%.

US Markets

• Dow Jones Futures are slightly down by 129.00 points, up by 0.27%, currently trading at 47,766.00 as of October 29, 2025.

European Markets

• FTSE (UK) increased by 43.59 points, up by 0.44%, standing at 9,739.65.
• CAC (France) decreased by 4.74 points,  down by 0.065%, at 8,211.27.
• DAX (Germany) decreased by 17.49 points, down by 0.072%, at 24,261.83.

Global events/updates

The Fed’s balance sheet is under scrutiny as liquidity strains surface in U.S. money markets. Volatile short-term rates and rising repo costs suggest tightening bank reserves. Persistent demand for the Fed’s Standing Repo Facility (SRF) highlights ongoing funding pressure, prompting speculation that the Fed may need to adjust its balance sheet strategy to stabilize liquidity.

European markets opened flat as investors awaited the Fed’s expected 0.25% rate cut. The Stoxx 600 was steady, with mixed movements across major indexes. Earnings dominated focus, with Santander posting record profit and Deutsche Bank beating estimates. Traders expect more U.S. rate cuts ahead, while easing U.S.-China tensions and key earnings from tech giants add to market anticipation.

Nvidia shares jumped over 3% in premarket trading, pushing the company close to becoming the first to hit a $5 trillion market value. The surge follows CEO Jensen Huang’s announcement of $500 billion in expected AI chip orders and plans to build seven new supercomputers for the U.S. government, boosting investor confidence in Nvidia’s AI dominance.

Jaguar Land Rover reportedly suffered one of the most damaging cyberattacks in U.K. history, disrupting operations and highlighting serious cybersecurity weaknesses. Experts, including Edward Lewis of the Cyber Monitoring Center, called it a major macroeconomic event. This marks the third major cyber incident in Britain this year, sparking renewed concerns over national cyber resilience.

At the APEC Summit, Donald Trump said he shares a strong relationship with Prime Minister Narendra Modi and expects a U.S.-India trade deal soon. He claimed to have helped stop a war between India and Pakistan by threatening 250% tariffs on both nations. Trump praised Modi’s toughness and said trade pressure brought peace within two days.

Stock news

SKM Egg Products Export (India) – Stock hit 5% UC after strong results: revenue rose 58% YoY and 15% QoQ, while net profit surged 188% YoY and 52% QoQ. The board also approved a 1:2 stock split to enhance liquidity.

Voltamp Transformers Ltd – Shares gained 3% after receiving a ₹149 crore order from Gujarat Energy Transmission Corporation for designing and supplying power transformers within six months, strengthening Voltamp’s order book and reaffirming its leadership in the transformer manufacturing sector.

Khaitan Chemicals & Fertilizers – Stock jumped 7% as revenue rose 34% YoY and 32% QoQ. The company reported a ₹22 crore profit versus a loss last year, with EBITDA surging 262% YoY and margins improving to 10.08%.

Coal India Ltd – Shares fell 4% after weak earnings. Revenue declined 15% QoQ and 2% YoY, while PAT dropped sharply by 51% QoQ and 32% YoY, reflecting pressure from lower coal dispatches and higher operational expenses.

MSTC Ltd – Up 3.7% after signing an agreement with Karnataka’s Excise Department to conduct e-auctions for liquor shop licenses. MSTC will earn commissions from bid values, ensuring steady revenue until the agreement is terminated by either side.

Continental Petroleum – Rose 2% after securing an export order worth ₹6.16 crore for high-performance lubricants and greases. The new deal boosts its total order book to ₹19.36 crore, supporting strong future growth for the ₹70 crore market-cap firm.

BMW Ventures – Shares gained 3.4% after bagging a ₹5.11 crore order to supply built-up sections and accessories for Kolkata Airport under its PEB Manufacturing division, reinforcing its presence in the infrastructure and construction materials segment.

Supreme Power Equipment Ltd – Transformer maker rose after winning a ₹4.86 crore order from a Bangalore-based EPC firm for two 20MVA, 66/11KV power transformers, highlighting its growing demand in India’s power infrastructure market.

Solarworld Energy Solutions Ltd – Jumped 11% after signing a ₹802.84 crore EPC contract for a 200 MWac/272 MWp ground-mounted solar project, scheduled for completion by FY27, marking a major boost in its renewable energy portfolio.

GP Eco Solutions India Ltd – Up 3% after securing a ₹37.51 crore EPC contract from Garg Acrylic to develop a 11.70 MWac solar project in Punjab, to be completed by April 2026, further expanding its clean energy footprint.

Happiest Minds Technologies Ltd – The Company expects generative AI-led revenue to double to $8 million in FY26. It forecasts double-digit growth for four years and added 30 new clients in H1FY26, projected to bring $50 million revenue in 3–4 years.

Arvind SmartSpaces Ltd – Up 3% after announcing entry into Vadodara’s residential market with a ₹700 crore joint development on Ajwa Road. The luxury project marks its 23rd in Gujarat, reinforcing its expansion in high-growth cities like Bengaluru and MMR.

Suzlon Energy Ltd – Stock rose 5% as the company appointed Rahul Jain, ex-CFO of SRF Ltd, as new CFO effective December 15, 2025. His financial expertise is expected to strengthen Suzlon’s systems and long-term growth strategy.

Enviro Infra Engineers Ltd – Up 3.5% after winning a ₹248.49 crore order from Bhopal Municipal Corporation to design and construct a 273 km sewerage network and a 60 MLD sewage treatment plant, to be completed within 36 months.

Raymond Lifestyle Ltd – Shares gained 3% after revenue grew 25% QoQ and 7% YoY, with net profit rising to ₹75.19 crore from a ₹19.82 crore loss. Strong performance driven by higher segment revenues and cost optimization.

Blue Dart Express Ltd – Surged 12% after revenue rose 7% YoY and 7.5% QoQ, while net profit grew 29% YoY and 65% QoQ. The company expects festive demand and GST 2.0 rollout to further strengthen logistics and trade growth.

Also read: 20% Upper Circuit: Stock skyrockets after announcing strong Q2 results and dividend

Brokerage Recommendations

Sona BLW Precision

• Target Price:- Rs 600 apiece
• Upside:- 24.25%
• By ICICI Securities Limited

Brigade Hotel Ventures

• Target Price:- Rs 117 apiece
• Upside:- 39.85%
• By ICICI Securities Limited

Infosys

• Target Price:- Rs 1712 apiece
• Upside:- 13.38%
• By Geojit BNP Paribas

Supreme Industries

• Target Price:- Rs 4,800 apiece
• Upside:- 24.77%
• By ICICI Direct

Top gainer/Top loser (Nifty 500)

Conclusion:-   Markets ended higher with Nifty crossing 26,000, led by gains in Adani Group, Power Grid, and JSW Steel, while autos lagged. Broader indices rose modestly, reflecting overall optimism. Strong corporate updates, Fed rate cut expectations, and robust earnings boosted sentiment, though global liquidity concerns and mixed cues from U.S. and Europe kept investors cautious.

Written by Abhishek Singh

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Closing Bell: Blue Dart Express, Five Star Business Finance among top gainers as Nifty Closes at 26,053; Sensex jumps 368 Points appeared first on Trade Brains.