Nuvama maintained a 'Buy' rating, underpinned by expectations of a revival in consumption and strategic focus on core categories.
Nifty remains in a downtrend as it has been trading below all key moving averages. Supports for the Nifty are seen at 24540 and 24400.
At 1:00 PM, Concord Enviro Systems share price continued to trade higher, up 1.56 per cent at ₹506.75, outperforming the benchmarks, which was trading flat at 80,399.43 levels.
Nuvama flagged 'high valuations' and 'near-term industry weakness' as key reasons for caution, even as structural positives remain intact.
Seshaasai Technologies share price: On the BSE, Seshaasai Technologies shares began trading at ₹436 per share, a premium of ₹13 per share or 3 per cent over the issue price
Around 11:00 AM, DCX Systems shares were off day's high, but continued to trade 1.2 per cent higher at ₹240.05 per share. By comparison, BSE Sensex was trading flat at 80,417.21 levels.
Jaro Institute IPO listing: Post-listing, the stock fell over 17 per cent to hit an intraday low of ₹732.5 on the NSE
Solarworld Energy Solutions shares listed at ₹389 per share on the BSE, up ₹38 or 10.83 per cent over the issue price of ₹351 per share
Jinkushal Industries IPO allotment: investors can verify their allotment status through the official portals of NSE, BSE, or MUFG Intime India
Polycab has established itself as a clear leader in the domestic organised C&W market with ~26-27 per cent share, up from ~18-19 per cent in FY20.
Pricing challenges, muted domestic growth offset gains in exim volumes
In the past one month, the company engaged in computers hardware & equipments business has zoomed 70 per cent, as against 1 per cent gain in the BSE Sensex.
At 12:00 noon, Azad Engineering share price was trading 1.16 per cent higher at ₹1,575 per share. In comparison, BSE Sensex was trading flat at 80,437.14 levels.
At 11:00 AM, Vascon Engineers share price was trading 8.36 per cent higher at ₹62.73. By comparison, BSE Sensex was trading 0.32 per cent higher at 80,684.58 levels.
Atlanta Electricals Share Price: Atlanta Electricals shares listed at ₹858.10, a premium of ₹104.10 per share or 13.81 per cent over the issue price of ₹754 per share
Analysts at Nuvama have revised their target price on the Jindal Steel stock to ₹1,426 from ₹1,193 earlier, valuing it at 7x FY28E EV/Ebitda, and reiterated a 'Buy' rating.
Stocks to Watch today, September 29, 2025: From Tata Motors, Oil India to Shriram Finance, here is a list of stocks that will be in focus
September auto sales expectations: Analysts cite the start of festive sales from September 22, improved finance availability, dealer inventory build-up, and positive rural sentiment as key drivers.
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Sensex today | Stock Market crash highlights, Sept 26: In the broader markets, the Nifty MidCap index declined 2.05 per cent and the Nifty SmallCap index eased 2.2 per cent