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Realty, IT and metal shares declined while private and PSU bank shares advanced.
At 13:30 IST, the barometer index, the S&P BSE Sensex, fell 78.22 points or 0.09% to 84,874.05. The Nifty 50 index lost 43.65 points or 0.16% to 25,972.15.
The broader market underperformed the frontline indices. The S&P BSE Mid-Cap index fell 0.53% and the S&P BSE Small-Cap index slipped 0.64%.
The market breadth was weak. On the BSE, 1,463 shares rose and 2,600 shares fell. A total of 177 shares were unchanged.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 2.67% to 12.10.
Gainers & Losers:
Bharti Airtel (up 2.07%), Axis Bank (up 1.72%), Asian Paints (up 0.80%), Powergrid Corporation of India (up 0.77%) and Maruti Suzuki India (up 0.57%) were the major Nifty50 gainers.
Interglobe Aviation (Indigo) (down 2.03%), Tech Mahindra (down 1.80%), Hindalco Industries (down 1.29%), Bajaj Finance (down 1.25%) and Infosys (down 1.23%) were the major Nifty50 losers.
Stocks in Spotlight:
DCX Systems rose 0.39% after the company said that it has, along with its subsidiary Raneal Advanced Systems, received purchase orders totaling Rs 22.89 crore.
Mufin Green Finance advanced 1.19% after the company announced that its board is scheduled to meet on Thursday, 20 November 2025, to consider fund raising funds via debt securities on a private placement basis.
WPIL surged 5.93% after its South African subsidiary has secured a major contract from METSI KE MATLA JV. The total value of the contract stands at 821 million Rand (Rs 426 crore), with a project execution timeline of 48 months, the company said.
Fairchem Organics surged 14.80% after the company’s board announced that it will meet on Thursday, 20 November 2025, to consider the buyback of fully paid up equity shares.
Newgen Software Technologies shed 0.62%. The company has secured a contract worth GBP 1,468,804 (approximately Rs 1.5 crore) from an overseas entity based in the United Kingdom. Under the contract, Newgen will provide software licenses, AWS managed cloud services, and implementation support. The engagement involves deploying Newgen’s Contract Management platform across the customer’s enterprise, enabling users to create and manage policy documents efficiently.The order has been awarded by an international entity and is scheduled to be executed over a 3-year period.
Sayaji Hotels fell 1.43%. The company has announced that it has signed a Hotel Management Agreement with Om Shivam Buildcon to provide operational services and manage the company’s properties in line with its brand standards.
Global Market:
European and Asia-Pacific markets declined Tuesday, following a tech-led slide on Wall Street.
Overnight in the U.S., stocks pulled back, plagued once again by declines in tech, as Wall Street awaited key releases this week, including Nvidia earnings and the September jobs report.
The Dow Jones Industrial Average lost 557.24 points, or 1.18%, to close at 46,590.24, as losses in the artificial intelligence chip darling, along with Salesforce and Apple, pushed the blue-chip index lower. The S&P 500 sank 0.92% to end the day at 6,672.41, while the Nasdaq Composite tumbled 0.84% to settle at 22,708.07.
The AI sector faced market pressure, with Nvidia dropping nearly 2% ahead of its third-quarter results scheduled for Wednesday after the market close. This decline, shared by other AI-related stocks, reflected growing investor anxiety regarding stretched valuations within the chipmaker and related technology companies.
The concern also impacted financial institutions linked to the sector. Blue Owl Capital, a private credit lender, shed nearly 6% amid worries surrounding its substantial lending exposure to the ongoing AI data center buildout.
The company’s consolidated net profit climbed 43.04% to Rs 993.59 crore on 6.38% increase in revenue from sales to Rs 8,513.70 crore in Q2 FY26 over Q2 FY25.
Profit before tax (PBT) jumped 45.1% to Rs 1,391.52 crore in Q2 Sept 2025.
PBDIT (Profit before depreciation, interest, tax, other income, and exceptional items) (before share in profit of associates) increased 21.3% to Rs 1,503.4 crore in Q2 FY26 from Rs 1,239.5 crore in Q2 FY25.
In Q2 FY26, PBDIT Margin as % to net sales at 17.7% from 15.5% posted in the corresponding quarter last year.
Decorative Business (India) registered volume growth of 10.9% with revenue growth of 6.0%
Revenue from international business rose 9.9% to Rs 846 crore in Q2 FY26 compared with Rs 769.5 crore in Q2 FY25. In constant currency terms, sales increased by 10.6%. Profit before exceptional items and tax in Q2 FY’26 was Rs 76.4 crore as against Rs 34.7 crore in the corresponding quarter last year.
Within the industrial business segment, revenue from APPG increased 10.2% YoY to Rs 292.6 crore, while PPGAP sales climbed 13.3% YoY to Rs 594.3 crore in Q2 FY26.
In the home décor segment, the Bath Fittings business declined 4.7% YoY to Rs 79.3 crore, and Kitchen business revenue slipped 7.2% to Rs 97.7 crore from Rs 105.3 crore in Q2 FY25.
During the quarter, sales at White Teak dropped 15.2% YoY to Rs 26.4 crore, whereas Weatherseal reported robust growth of 56.9% YoY to Rs 20.7 crore.
Meanwhile, the company’s board declared an interim dividend of Rs 4.50 per share with a face value of Re 1 each for FY26. The record date for dividend has been fixed as Tuesday, 18th November 2025, and the dividend will be paid on or after Thursday, 27th November 2025.
Amit Syngle, managing director & CEO of Asian Paints, said, “This was a quarter of focused innovation, good execution and regionalisation of initiatives, resulting in a strong performance.
We saw an improvement in our domestic decorative business with a double-digit volume growth of 10.9% and a 6% increase in value, despite the challenges posed by an extensive and prolonged monsoon. This growth was driven by our ability to generate demand across urban and rural areas through various regional activations and intense marketing /brand building measures.
Growth was further accelerated by enhanced performance in our Automotive and Industrial Protective Coatings segments, contributing to an overall 6.7% value growth in the domestic coatings business. In the International business, we delivered double-digit revenue growth, led by key markets in South Asia, the Middle East and Africa. While the Home Décor business continues to navigate headwinds, our progress with beautiful homes stores is promising.
Our ongoing efforts to elevate cost efficiencies have delivered positive results, allowing us to increase our profit margins even as we increased investments in our brand and retailing initiatives. The business landscape continues to be challenging and highly dynamic. However, we remain steadfast in our commitment to strengthening our brand saliency and driving innovation, to deliver sustained performance and create value for all our stakeholders.”
Asian Paints, established in 1942, is the largest listed company in India's decorative paints segment. It ranked among the top eight decorative coatings companies in the world. It is engaged in the business of manufacturing, selling, and distributing paints, coatings, and products related to home décor and bath fittings and providing related services.
Asian Paints Ltd gained 0.76% today to trade at Rs 2638.55. The BSE Consumer Durables index is up 0.59% to quote at 60323.68. The index is up 1.25 % over last one month. Among the other constituents of the index, PG Electroplast Ltd increased 0.67% and Titan Company Ltd added 0.66% on the day. The BSE Consumer Durables index went down 2.15 % over last one year compared to the 4.67% surge in benchmark SENSEX.
Asian Paints Ltd has added 12.74% over last one month compared to 1.25% gain in BSE Consumer Durables index and 0.85% rise in the SENSEX. On the BSE, 4368 shares were traded in the counter so far compared with average daily volumes of 65449 shares in the past one month. The stock hit a record high of Rs 2934.95 on 07 Nov 2024. The stock hit a 52-week low of Rs 2125 on 04 Mar 2025.
Whirlpool of India Ltd rose 3.98% today to trade at Rs 1286.8. The BSE Consumer Durables index is up 0.95% to quote at 60704.9. The index is down 1.25 % over last one month. Among the other constituents of the index, Asian Paints Ltd increased 3.46% and Berger Paints India Ltd added 0.73% on the day. The BSE Consumer Durables index went down 6.15 % over last one year compared to the 2.89% surge in benchmark SENSEX.
Whirlpool of India Ltd has lost 4.1% over last one month compared to 1.25% fall in BSE Consumer Durables index and 0.79% rise in the SENSEX. On the BSE, 2801 shares were traded in the counter so far compared with average daily volumes of 7634 shares in the past one month. The stock hit a record high of Rs 2450 on 22 Oct 2024. The stock hit a 52-week low of Rs 899 on 03 Mar 2025.
Titan Company Ltd gained 3.71% today to trade at Rs 3543.4. The BSE Consumer Durables index is up 1.06% to quote at 59427.71. The index is down 4.08 % over last one month. Among the other constituents of the index, Kalyan Jewellers India Ltd increased 1.58% and Asian Paints Ltd added 0.63% on the day. The BSE Consumer Durables index went down 8.67 % over last one year compared to the 0.46% surge in benchmark SENSEX.
Titan Company Ltd has lost 3.13% over last one month compared to 4.08% fall in BSE Consumer Durables index and 1.52% rise in the SENSEX. On the BSE, 23896 shares were traded in the counter so far compared with average daily volumes of 69559 shares in the past one month. The stock hit a record high of Rs 3750 on 07 Oct 2024. The stock hit a 52-week low of Rs 2947.55 on 07 Apr 2025.