Stock Market
Stock in Focus: Government defense company gets order worth ₹ 633 crore, shares will be in focus – stock in focus bel receives rs 633 crore order from cochin shipyard boost in defense technology
Stock in Focus: Navratna defense company Bharat Electronics Limited (BEL) has received a huge order worth ₹633 crore. This order has been placed by another government defense company, Cochin Shipyard. Under this, BEL has to supply different sensors, weapon systems, fire control mechanisms and communication equipment. This strengthens BEL’s leading role in defense technology solutions.
Past orders and business expansion
Before this order, BEL had recently received an order worth ₹592 crore. It had won contracts worth ₹712 crore in mid-September. All these orders include things like tank subsystem, ship data network, combat management system, train collision avoidance system (armor), laser dazzler, jammer, spare parts, upgrades, IT infrastructure, cybersecurity solutions and blockchain platform.
strong financial performance
The company’s revenue grew 5.2% year-on-year to ₹4,417 crore in Q1 FY26, slightly below expectations. At the same time, EBITDA increased by 32.2% to ₹1,240.4 crore and margin increased from 22.3% to 28.1%. This reflects efficient management and right product mix.
Condition of BEL shares
Shares of BEL closed at ₹417.60 on BSE in Muhurta trading session on October 21, up 1.14%. The stock is up 37.46% in the last 6 months. It has given a return of 53.51% in the last 1 year. This year i.e. in 2025 also, BEL shares have increased by 41.88%. Its market cap is Rs 3.05 lakh crore.
What is the business of BEL
Bharat Electronics Limited (BEL) is a Navratna government defense company, which manufactures electronic systems and technology solutions to strengthen the security and defense of India. It manufactures defense electronics, communication systems, sensors, weapon control systems, fire control mechanisms, combat management systems for ships and aircraft, cybersecurity solutions and IT infrastructure.
BEL mainly works on government defense orders, defense contracts and technology upgrades. Due to this, it remains an important player in India’s defense industry.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.
Stocks to Watch: These 10 stocks will be in focus on October 23, big movement can be seen – stocks to watch 23 October tata motors hcltech ltimindtree nmdc united breweries geojit torrent bpcl manappuram pnb
Stocks to Watch: On Thursday, October 23, investors will keep an eye on the stocks of many major companies in the stock market. These include big names like Tata Motors, HCLTech and LTIMindtree Ltd. These companies have shared important updates related to their business. Let us know which 10 stocks will be on the radar of investors and traders in Thursday’s trading session.
Tata Motors Passenger Vehicles Limited has delivered more than 1 lakh vehicles in just 30 days between Navratri and Diwali. This is 33% more than the same period last year. The biggest contributor to this spectacular growth was the SUV segment. Along with this, sales of electric vehicles (EVs) also saw strong growth.
DIB, the UAE’s largest bank, has announced a strategic partnership with HCLTech. Its objective is to rapidly increase the use of Artificial Intelligence (AI) throughout its ecosystem. Under this partnership, DIB will leverage HCLTech’s AI capabilities.
Nachiket Deshpande, President and Whole-Time Director of technology consulting and digital solutions company LTIMindtree Ltd, has resigned from his post. He has taken this step to explore new opportunities. Deshpande will be relieved of all responsibilities with effect from October 31, 2025.
Government mining company NMDC Limited has increased the prices of new iron ore, which will be effective from October 22, 2025. The price of Baila Lump (65.5%, 10-40 mm) has been fixed at Rs 5,550 per tonne. Whereas, the price of Baila Fines (64%, -10 mm) has been fixed at Rs 4,750 per tonne.
Dutch brewing company Heineken NV said there was a ‘mid-single-digit’ decline in its beer sales in India in the September quarter. The reason for this was unusually heavy rain in many parts during monsoon. It is the promoter company of United Breweries Ltd (UBL).
Geojit Financial Services’ net profit declined 59% year-on-year to Rs 23.5 crore. It was Rs 57.4 crore in the same quarter last year. At the same time, the company’s income declined by 22% to Rs 169.8 crore, which was Rs 218.4 crore last year.
The Competition Commission of India has approved the proposal to acquire stake in JB Chemicals and Pharmaceuticals by Torrent Pharmaceuticals Ltd. Torrent Pharmaceuticals had announced in June 2025 that it would buy a majority stake in JB Chemicals in a deal worth Rs 19,500 crore.
Oil marketing company BPCL has informed the stock market that its board will meet on Friday, October 31, 2025. In this, the results of September quarter will be presented and the proposal of interim dividend will be considered.
The board meeting of Manappuram Finance will be held on Thursday, October 30, 2025. In this, the results of the company will be released and the proposal of interim dividend will also be considered.
Punjab National Bank (PNB) has sold its 10% stake in Canara HSBC Life Insurance Company Limited. Due to this its shareholding reduced from 23% to 13%. The sale was made through Offer for Sale (OFS) during the recently launched IPO of Canara HSBC Life.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.
Stock in Focus: Government company increased the prices of its products, shares will be under watch – stock in focus nmdc raises iron ore prices production and sales rise investors eye government mining company performance
Stock in Focus: Government mining company NMDC Limited has changed the prices of iron ore from 22 October 2025. According to the company, the new price of Byla Lump (65.5%, 10-40 mm) has been fixed at ₹ 5,550 per tonne and the price of Byla Fines (64%, -10 mm) has been fixed at ₹ 4,750 per tonne.
NMDC said that these prices are on Free on Rail (FOR) basis. These include royalty, District Mineral Foundation (DMF) and National Mineral Exploration Trust (NMET) charges. These prices do not include cess, forest permit fee, transit fee, GST, environment cess and other taxes.
Increase in production and sales
NMDC’s total iron ore production increased by 23.4% to 3.75 million tonnes in the month of September. At the same time, sales also increased by 9.6%.
The company’s total production in the first half of FY 2026 stood at 22.20 million tonnes, compared to 17.47 million tonnes in the same period of the last financial year. During the same period, sales increased from 19.80 million tonnes to 22.25 million tonnes.
Condition of NDMC shares
NMDC shares closed 0.6% higher at ₹75.61 during Muhurat trading on October 21. The stock has given a return of 11.37% in the last 6 months. At the same time, so far this year, the company’s stock has registered a growth of about 14.7%. Its 52 week high is Rs 82.83 and low level is Rs 59.53.
What is the business of NDMC?
NMDC Limited is a major mining company owned by the Government of India. It mainly deals with exploration, production and sale of iron ore. It operates in many states like Chhattisgarh, Karnataka and Jharkhand.
The company is also active in the mining of iron ore as well as manganese, diamonds and other minerals. Being India’s largest iron ore producing company, NMDC plays a vital role in the supply chain of the country’s steel industry and contributes significantly to the country’s mining economy.
Disclaimer: The information provided here is being given for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.
Market trend: Metal and defense shares will surprise in Samvat 2082, level of 32000 is possible in Nifty – Prashant Shah – metal defense to surprise in Samvat 2082 prashant shah sees nifty in new territory
Market Outlook: Prashant Shah, co-founder of DefinedEdge Says that metal and defense sectors can surprise the market in Samvat 2082. He says the Metal Index is showing an interesting ‘W’ pattern and the P&F chart is showing a ‘Pattern Retest’ formation near the bottom. This is an indication that this sector can continue its growth. Chart formation is indicating continued bullish trend in defense stocks also.
Nifty may cross 30000 in mid term
He believes that Nifty can cross 27,400 in the short term and 30,000 in the mid term. Speaking to Moneycontrol, he said, “At this time, the broad setup of the market is not indicating any major decline. However, in the short term, technical corrections are natural from time to time and it is also necessary for the index to remain healthy.”
On the Point and Figure (P&F) chart, Nifty has broken all the major bearish trendlines drawn from previous important tops. When the index enters this zone, it is good to “call it new”. This is a phase in which the index often continues to rise and as long as this formation holds, new highs are achieved.
Currently, the P&F patterns are showing bullish signals. With this bullishness, Nifty may go around 26,420 and 27,400 in the short term. At the same time, in the mid-term it may see a level of 30,000 and beyond. But the chart structure is clearly indicating continuation of the uptrend.
It is healthy and natural to see technical corrections every now and then.
However, in the short term we may see technical corrections intermittently. This is also natural and healthy for the market. But at this time the broad setup of the market is not indicating any major decline. During this time, the market may also be seen moving within a limited range. But as the market gradually moves upwards, better performance will be seen in selected stocks.
Chart formations of both Nifty and Sensex are giving bullish signals.
Is Sensex ready to reach the level of 1 lakh in Samvat 2082? In response to this, Prashant Shah said that the chart formations of both Nifty and Sensex are indicating bullishness. On the Point and Figure charts, medium term bullish vertical counts are still open for the Sensex, suggesting further upside potential in the times to come.
The overall trend of the market is long term bullish.
The figure of 1 lakh will be achieved in Samvat 2082 or a little beyond that, it is not a big deal. The big thing is that the overall trend of the market is long term bullishness. In such a period, there is a possibility of fluctuations in a wide range from time to time. In such a situation, a stock-specific approach focusing on moment and strength may prove to be the best investment strategy.
Market outlook: Foreign money will come back to India, index can reach new heights
Metal and defense sectors can surprise in the new Samvat
According to you, which sectors can surprise the market in Samvat 2082? On this, Prashant said that metal and defense sectors can surprise the market in Samvat 2082. He says the Metal Index is showing an interesting ‘W’ pattern and the P&F chart is showing a ‘Pattern Retest’ formation near the bottom. This is an indication that this sector can continue its growth.
Defense sector can also surprise. After a massive rally earlier this year, it has seen a strong consolidation over the past few months. Chart formation is also indicating bullishness. A strong anchor column is visible at the base. Due to this, once again there are signs of trend reversal and acceleration.
Disclaimer: The views expressed on Moneycontrol.com are the personal views of the experts. The website or management is not responsible for this. Money Control advises users to seek the advice of a certified expert before taking any investment decision.
Share Market Holiday: Share market will remain closed today, there will be no trading in BSE-NSE – share market holiday close today due to balipratipada bse nse mcx will close today
Share Market Holiday Today: Today, Wednesday 22 October 2025, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed. There is no trading in the stock market today on the occasion of Balipratipada. On this day, Govardhan Puja, Balipratipada and Vikram Samvat New Year are celebrated across the country. Today BSE, NSE, MCX and currency derivatives markets will remain closed.
Stock market was open for Muhurta trading yesterday
Earlier, Muhurta trading was held on Tuesday, October 22 on the occasion of Diwali, which ran from 1:45 pm to 2:45 pm. This trading session is held every year on Diwali and marks the auspicious beginning of the Hindu New Year.
Today on 22nd October the stock market is closed due to Balipradipada.
Due to the market being closed today due to Balipratipada, investors have got a trading break of about two days in the Diwali week. Now the stock market will reopen at normal time tomorrow, Thursday 23 October.
It is noteworthy that there are a total of 14 official holidays in BSE and NSE in the year 2025. These include holidays like Mahashivratri, Holi, Eid-ul-Fitr, Mahavir Jayanti, Good Friday, Maharashtra Day, Independence Day, Ganesh Chaturthi, Gandhi Jayanti, Diwali, Balipratipada, Guru Nanak Jayanti and Christmas Day. All these holidays are applicable to the equity and derivatives segments of both BSE and NSE exchanges.
Mahashivratri – 26 February
Holi – 14 March
Eid-ul-Fitr – 31 March
Mahavir Jayanti – 10 April
Ambedkar Jayanti – 14 April
Good Friday – 18 April
Maharashtra Day – 1 May
Independence Day – 15 August
Ganesh Chaturthi – 27 August
Gandhi Jayanti/Dussehra – 2 October
Diwali Muhurta Trading – 21st October
Balipratipada – 22 October
Guru Nanak Jayanti – 5 November
Christmas Day – 25 December
FIIs are returning to India – market outlook foreign money will return to india index may reach new heights
markets
Market insight: Ashish Kyal believes that Bank Nifty can prove to be a star performer in the new era. Nifty Bank Index has performed strongly. It recently set a new all-time high and outperformed the broader market. With the participation of private sector banks, this boom can continue in the new Samvat as well.
Stock Market Holidays: Will BSE, NSE be open or closed on Wednesday 22nd October? Check the complete list of holidays – stock market holidays bse nse closed on 22 October diwali balipratipada muhurat trading sensex nifty
Stock Market Holidays: Both the major indices of the Indian stock market – Sensex and Nifty closed with marginal gains in the special one-hour Muhurat trading session held on the occasion of Diwali on Tuesday, October 21. This happened giving a positive sign to the beginning of the new Samvat year 2082. Global markets also remained strong. Indian stock market will remain closed on 22 October.
Stock market will remain closed on 22 October
On Tuesday, October 21, due to Diwali Lakshmi Puja, the markets remained closed and only Muhurta trading took place. At the same time, on Wednesday, October 22, BSE and NSE will remain completely closed due to Diwali Balipratipada. The Indian stock market will resume normal operations from Thursday, October 23.
Stock market holidays in 2025
There were a total of three holidays in this month i.e. October. Earlier the market was closed on October 2, Mahatma Gandhi Jayanti/Dussehra. Then on 21st October, due to Diwali Lakshmi Puja, only 1 hour Muhurta trading took place. At the same time, the market will remain closed on October 22 due to Diwali Balipratipada.
Now there are two months left in 2025, November and December. In both these months the stock market will remain closed for one day each. There will be a holiday on 5th November for Prakash Parv of Shri Guru Nanak Dev and on 25th December for Christmas.
Sensex and Nifty on Muhurta trading
The 30-share BSE Sensex closed 62.97 points or 0.07% higher at 84,426.34. During this session, Sensex witnessed a high of 84,665.44 and a low of 84,286.40. NSE Nifty closed 25.45 points or 0.10% higher at 25,868.60. 25 Nifty stocks closed down, 24 stocks advanced and 1 stock remained stable.
Top Gainers and Losers of Muhurta Trading
Major gainers in Sensex during Muhurta trading included Bajaj Finserv, Axis Bank, Infosys, Mahindra & Mahindra, Tata Motors. Top losers were Kotak Mahindra Bank, ICICI Bank, HCL Technologies, Bharti Airtel, Maruti Suzuki India, Trent Limited and Tata Consultancy Services.
There was a lot of enthusiasm in the domestic stock market during Muhurat trading today. After one hour of trading, at the end of the day, only Nifty indices of PSU Bank, Realty and Financial Services closed in the red zone. In the Nifty indices of other sectors, except Nifty Media, there was less than half a percent movement.
Samvat 2082: These sectors can give huge profits, leading investors of the market told their choices – samvat 2082 top stock picks by ramesh damani dipan mehta and nilesh shah for diwali investments
Samvat 2082: Nifty index closed in the green in the Muhurta trading session held on the occasion of Diwali. However, it remained slightly below the day’s high. Even before Diwali, many brokerage houses had shared their top stock picks for the new Samvat.
On the day of Muhurta trading, CNBC-TV18 spoke to several leading experts to know which stocks they are betting on in the new year. These included names like Ramesh Damani, Atul Suri, Deepan Mehta, Nilesh Shah, Dharmesh Kant and Deven Choksi. Let us know the choices of these giants.
Ramesh Damani
Market veteran Ramesh Damani is still bullish on the PSU sector. He believes that the government’s focus on shipbuilding sector has created good momentum in this theme. They are also betting on the government’s CapEx.
Damani said, ‘Now the importance of ‘rare earths’ is being understood in the world. I believe the government may provide capex funding to some PSUs for exploration and processing of rare earths. Companies related to this theme can benefit greatly.
According to Damani, he is also positive on infrastructure development and midcap pharma sector. He said, ‘A lot of innovation is happening in midcap pharma companies below Rs 10,000 crore. Vaccines, antibiotics, and ANDAs are expanding the portfolio. These sectors may see good growth in the coming times.
Dipan Mehta (Dipan Mehta, Elixir Equities)
Deepan Mehta is bullish on the AlcoBev sector. His favorite company is Allied Blenders, in which he and his clients have invested. “The company is moving up the value chain,” he said. Its margins are improving due to premium brands and strong distribution network.
The second choice is Tilaknagar Industries, which he considers a ‘high risk, high return’ stock. However, he warned that there is a lot of regulation in this industry, which can lead to fluctuations in performance.
Nilesh Shah, Envision Capital
Nilesh Shah says that small banks are ready for growth now. He said, ‘They have been underperforming for a long time, but now the environment is favorable for them. The bottom of NIMs has been formed, credit offtake is increasing. This may lead to re-renting of their shares.
He has also bet on decarbonization, electrification and consumer themes. He says he has invested in Ather Energy, which is a technology-driven company and is growing market share, even as bigger players have now entered the EV market.
Dharmesh Kant (Dharmesh Kant, Chola Securities)
Dharmesh Kant named Aurionpro Solutions as his first choice. He says that this stock can go up to ₹ 1,675 and its re-rating phase can start. He said that the order received from SBI has opened the doors of other banks for the company.
He said, ‘About 20% of the company’s revenue comes from data center architecture. Apart from this, its business is also growing in transit, mobility and ticketing systems. His second stock is Reliance Industries, in which he sees a rise of up to ₹1,650. Dharmesh’s third stock is Bank of India, in which he is expecting a target of ₹155.
He said, ‘Bank of India’s valuation is currently at 0.6x price-to-book, which is quite cheap. Advances are growing at 14% and asset quality is improving. Its multiple re-renting is possible in the coming years.
Atul Suri
Atul Suri says that in the last few years we had the lowest exposure in banks, but now we are most bullish on banks and financials. He believes that banking and financials will be the biggest thematic play in the coming 3-4 years.
Their choice in the NBFC space is Paytm, which is included in their portfolio. He said, ‘This is a strong financial platform business. It has a large user base and is a scalable model. Both GST cut and consumption growth together can prove to be a positive trigger for this.
Diwali Stock Picks: These two stocks can give returns up to 30%, expert advised to buy
Disclaimer: The advice or views given on Moneycontrol.com are the personal views of the expert/brokerage firm. The website or management is not responsible for this. Moneycontrol advises users to always seek the advice of a certified expert before taking any investment decision.
This banking share rose the fastest in 4 years – dcb bank shares rose 15 percent in intraday on constant buying by investors after bank s quarter 2 results for fy2026 thus making it the highest level in nearly 4 years watch video to check the target price
