On Thursday, October 29, the Indian benchmark indices SENSEX and NIFTY50 traded in positive territory during the afternoon session, buoyed by buying in fast‑moving consumer goods (FMCG) and CPSE stocks and foreign institutional investor (FII) inflow. The SENSEX rose as much as 0.9% to hit an intraday high of 73,901.18, while the NIFTY50 surged as much as 0.8% to touch the session’s peak of 22,874.15. At 1:21 PM, the S&P BSE SENSEX was at 73,797.46, up 551.43 points or 0.75%, and the NSE NIFTY50 stood at 22,836.05, a 137.20‑point or 0.60% jump.

Foreign institutional investors bought shares worth ₹871.83 crore on Wednesday, while domestic institutional investors purchased equities worth ₹643.35 crore on a net basis, according to exchange data. The NIFTY50 index was supported by gains in Adani Ports, Adani Enterprises, Power Grid Corporation of India, Kotak Mahindra Bank, and Eternal, which were among the top winners. The top losers included Trent, SBI Life Insurance Company, Bajaj Auto, Hindalco Industries, and Asian Paints.

Birlasoft shares surged as much as 14.99% to reach a session peak of ₹352 per unit on the NSE after the company recorded a 37.5% year‑on‑year surge in its consolidated net profit to ₹159.65 crore in the quarter ended September 30, 2026. In the same year last year, the firm had logged a profit of ₹116.1 crore, according to a regulatory filing. Its board of directors declared an interim dividend of ₹3 per equity share, with a face value of ₹2 each, at 150%, for FY27, fixing November 5, 2026 as the record date.

Aeroflex Industries shares rallied more than 17.5% to hit an intraday high of ₹578.5 on the NSE on Thursday, October 29, as investors focused on strong July‑to‑September quarter profit gains. In the Q2 earnings for FY27, Aeroflex posted a 157% increase in its consolidated net profit after tax to ₹37 crore, compared with ₹14 crore in the corresponding quarter of the previous financial year. The company’s revenue from core operations surged around 87% year‑on‑year to ₹207 crore in the September quarter of FY27, compared with ₹111 crore in the same period of the previous year.

Power Grid Corporation of India stock advanced as much as 4.22% to reach the session’s peak of ₹262 per equity share, a day after the company shared its September quarter earnings date details and record date for dividend payout. The state‑owned firm fixed a record date of November 6, 2026 for ascertaining the eligibility of shareholders for payment of its first interim dividend of FY27. The firm’s board will meet on November 1 to consider and approve the financial results for the quarter and half‑year ended September 30, 2026, and will also declare its first interim dividend for FY27. The Maharatna PSU firm recorded a 0.8% decline in its consolidated net profit to ₹3,598 crore for the April‑to‑June quarter of FY26‑27, compared to ₹3,631 crore in the same period a year earlier.

Other notable movers included United Spirits, whose shares hit an intraday high of ₹1,279.9 despite a 7.8% year‑on‑year fall in consolidated net profit to ₹428 crore in Q2 FY27; Jupiter Wagon, whose stock jumped over 9% to ₹198 after securing a ₹1,140 crore order from the Ministry of Railways for 2,583 wagons; Hyundai Motor India, whose shares surged nearly 6% to ₹1,973.80 after reporting a 24% fall in consolidated net profit to ₹1,196 crore in Q2 FY27 but an 18.5% rise in core operations revenue to ₹20,696 crore; and Hero MotoCorp, whose shares declined 3.41% to ₹5,141 after missing profit estimates for Q2 FY27, though its standalone net profit rose 5% to ₹1,456 crore and revenue jumped 21% to ₹14,687 crore.