Markets at Noon: Nifty and Sensex Inch Higher Amid Corporate Developments
Indian stock markets are trading marginally higher at midday, with Nifty 50 up 0.12% and BSE Sensex gaining 0.17%. Several companies are in focus due to strategic moves and corporate announcements. Notable actions include Apollo Micro Systems' trading approval for new shares, Mahindra & Mahindra's stake purchase in Gelos Solren, and Adani Enterprises' subsidiary acquisitions. Other buzzing stocks include Sammaan Capital, Studds Accessories, Vineet Laboratories, and AWL Agri Business Limited, showcasing a mix of financial updates, ownership changes, and corporate restructuring across various sectors.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets are trading marginally higher at midday on November 28, 2025. Both the Nifty 50 and BSE Sensex have shown slight gains, indicating a cautiously positive sentiment among investors.
| Index | Current Price | Change | % Change |
|---|---|---|---|
| Nifty 50 | 26,248.15 | 32.60 | 0.12% |
| BSE Sensex | 85,868.74 | 148.36 | 0.17% |
Buzzing Stocks
Several companies have made headlines with corporate announcements and strategic moves:
Apollo Micro Systems: Received trading approval for 21,07,194 equity shares issued on a preferential basis, listed on NSE and BSE from November 28, 2025.
Mahindra & Mahindra:
- Purchasing a 26% stake in Gelos Solren Private Limited for ₹371.43 crores.
- Shareholders approved the appointment of two new Independent Directors.
Sammaan Capital Limited (formerly Indiabulls Housing Finance): Made timely interest payment of ₹1528.70 lacs on its Non-Convertible Debentures.
Studds Accessories: Reported revenue growth of 6.4% YoY and EBITDA growth of 17.9% YoY in H1FY26.
Adani Enterprises:
- Subsidiary units acquired a 72.8% stake in FSTC for ₹8.2 billion.
- Adani Airport Holdings completed the acquisition of Aghport Aviation Services.
Vineet Laboratories:
- Promoters reduced their holding from 16.08% to 5.41%.
- Board approved a rights issue of up to ₹3000 lakhs.
AWL Agri Business Limited: Applied for reclassification of numerous Adani group entities from promoter to public category.
Indo-Tech Transformers: Shirdi Sai Electricals Limited pledged 26% of total share capital as security for debentures.
Gopal Iron and Steels Company (Gujarat) Limited:
- Jaysukhbhai Thathagar increased stake to 11.16%.
- Appointed new directors and accepted resignations of existing board members.
Conclusion
The market is showing a slight upward trend amid various corporate actions and strategic moves by companies across sectors. Investors are closely watching these developments and their potential impact on stock performances.
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