Tata Power, Bajaj Finance, HAL and IRCTC in focus as Sensex hits nine-month high
The Sensex closed at its highest level in nearly nine months. Tata Power, Bajaj Finance and HAL are in focus ahead of results and corporate updates.
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what happened
According to Full list, Indian equities extended their gains for a second straight session on Wednesday. The 30-share Sensex rose 772.75 points, or 0.95%, to close at 81,879.40, its highest close since February 26. The NSE Nifty 50 added 0.84% to finish at 25,255.05. GIFT Nifty pointed to a broadly flat opening on Thursday.
Several companies are drawing attention. Tata Power's consolidated net profit in Q2 FY27 grew 48.6% year on year to Rs 1,366 crore. MIDHANI more than doubled its profit, while GRSE posted a 12% rise. Triveni Turbine's profit fell 41.6%. Bajaj Finance launched a qualified institutional placement with a floor price of Rs 992.25 per share. ITC raised the price of its Gold Flake RSFT pack by Rs 10 to Rs 135.
why it matters
The Bajaj Finance placement adds fresh supply of shares, which typically weighs on the stock and dilutes existing shareholders. The broader rally reflects positive sentiment in Indian markets, but individual stocks will likely react mostly to their own results and corporate news in the coming sessions.
market impact
Indian market: index gains support sentiment, while Bajaj Finance faces pressure from the share placement
- Bajaj Finance pressure down — new shares issued through the QIP increase supply and dilute existing shareholders
tags
instruments
sources
- Top stocks to watch today: Tata Power, Bajaj Finance, HAL, IRCTC shares in focus on Thursday, 12 November — Full list, 12 November 2026 at 05:05 UTC
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