Economy
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Updated on 10 Nov 2025, 08:20 am
Reviewed By
Aditi Singh | Whalesbook News Team
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Indian stock markets demonstrated strength through midday on Monday, with the Nifty climbing around 140 points to 25,630 and the BSE Sensex rising 470 points to 83,680. Gains were broad-based, particularly in metal and pharma sectors, alongside specific stock movements.
**Sugar Stocks Surge**: Shares of leading sugar manufacturers including Balrampur Chini Mills, Triveni Engineering and Industries, Dalmia Bharat Sugar, Dhampur Sugar, and Shree Renuka Sugars jumped 3-6%. This rally followed the government's approval to export 1.5 million tonnes (MT) of sugar for the 2025–26 season, a move welcomed by mill operators managing surplus stocks.
**Lenskart's IPO Debut**: Lenskart Technologies experienced a subdued listing on exchanges, opening at a discount on both NSE and BSE, amidst valuation concerns and cautious institutional sentiment. However, the stock saw a surge of 5% intra-day, indicating potential investor interest.
**Trent's Post-Results Dip**: Trent, a Tata Group retail firm, saw its share price slump by 6.83%. While the company reported a 16% YoY rise in consolidated revenue to Rs 5,107 crore, with EBITDA up 14% and PAT up 11%, its profit growth was below market expectations, leading to profit-taking after a significant year-to-date rally.
**Nykaa's Profit Boost**: FSN E-Commerce Ventures, the parent of beauty retailer Nykaa, climbed nearly 7% after reporting a sharp increase in profit for Q2 FY26. The stock sustained gains, reflecting a recovery in its beauty and fashion segments, though competition and margins remain key areas to watch.
**NALCO and Torrent Pharma Shine**: National Aluminium Company (NALCO) emerged as a top gainer in the Nifty Midcap 100, surging over 8.5% on strong quarterly results and a significant spike in trading volumes. Similarly, Torrent Pharmaceuticals hit a record high, rallying 6% after announcing robust second-quarter earnings, outperforming broader market indices.
**Impact** This news directly impacts the Indian stock market by reflecting overall sentiment, highlighting key sectoral drivers like export policy, and showcasing company performance. It provides investors with crucial data points for decision-making, influencing stock valuations and sectoral investment strategies. Rating: 7/10
**Difficult Terms Explained** * **Nifty**: Benchmark index of 50 large Indian companies on NSE. * **BSE Sensex**: Benchmark index of 30 major Indian companies on BSE. * **Midcap**: Medium-sized companies by market capitalization. * **IPO**: Initial Public Offering, the first sale of stock by a private company to the public. * **YoY**: Year-over-Year, comparison to the same period in the prior year. * **EBITDA**: Earnings Before Interest, Taxes, Depreciation, and Amortization; a measure of operating performance. * **PAT**: Profit After Tax; profit remaining after all taxes are paid. * **MT**: Metric Tonne, equal to 1,000 kilograms. * **Dalal Street**: Refers to the Indian financial district, symbolizing the stock market.