PNB Housing Finance and Adani Green Energy: Key Stocks to Watch in Today's Market
The Indian stock market opened on a positive note, with the Nifty 50 and Sensex both showing gains. PNB Housing Finance and Adani Green Energy are among the key stocks to watch today, as they continue to make headlines with significant developments.
Pnb Housing FinanceAdani Green EnergySensexNiftyStock MarketReal Estate NewsOct 29, 2025
Global markets also showed positive trends. The DOW 30 closed at 47,706.37, up by 161.78 points (0.34%). The S&P 500 closed at 6,890.89, up by 15.73 points (0.23%). NASDAQ increased by 190.04 points (0.80%), closing at 23,827.49. The FTSE 100 increased by 42.92 points (0.44%) to settle at 9,696.74. The DAX decreased by 30.15 points (0.12%), ending at 24,278.63. The NIKKEI 225 increased 1,030.64 points (2.05%) to trade at 51,249.82.
Commodities markets also saw some movement. Gold is currently trading at Rs. 119,888 per 10 grams. Silver is up by 0.48%, now at Rs 145,045 per kilo. Crude Oil prices are down by 0.05%, reaching USD 63.695, compared to the previous close.
Several global events and updates are worth noting. Trump signaled easing tensions with China, saying he may cut fentanyl-related tariffs by half ahead of his meeting with Xi Jinping in South Korea. He aims to discuss fentanyl control and U.S. farmers’ concerns. Trump praised ties with China, calling them “very good,” and hinted at progress toward a cooperative trade and drug control deal.
The Fed is widely expected to cut interest rates by 0.25% this week, with more cuts likely ahead. However, opinions are divided. 92% believe a cut will happen, but only 66% think it’s the right move, while 38% oppose it. Some experts even call for deeper cuts amid growing economic concerns and mixed policy views.
Australia’s inflation rose to 3.2% in the third quarter, the highest in over a year and above economists’ 3% forecast. The jump from 2.1% in the previous quarter pushed inflation beyond the Reserve Bank of Australia’s 2–3% target range, raising concerns that the central bank may need to reconsider its rate-cutting plans.
Nvidia is investing $1 billion in Nokia, buying new shares and boosting Nokia’s stock by 22%. Once a cellphone giant, Nokia now focuses on 5G network equipment. The deal highlights Nvidia’s growing interest in telecom technology, possibly integrating its AI and networking capabilities with Nokia’s 5G expertise for future connectivity and infrastructure advancements.
Nvidia CEO Jensen Huang announced that its advanced Blackwell AI chips are now being produced in Arizona. Speaking at the GTC conference, he emphasized Nvidia’s vital role as a U.S. tech leader, addressing policymakers directly. The move highlights Nvidia’s push to strengthen domestic manufacturing amid export restrictions that have already cost the company billions.
Several stocks are in the spotlight today. PNB Housing Finance’s CEO Girish Kousgi resigned, and regulatory approvals for appointing a new managing director and CEO are underway. The company continues business as usual while ensuring leadership continuity and smooth transition.
Adani Green Energy’s Q2 profit grew 25% to ₹644 crore; revenue was flat at ₹3,008 crore. Higher capacity utilization and cost control supported steady earnings growth. This performance is significant as the company continues to expand its renewable energy portfolio.
Shriram Finance allotted non-convertible debentures worth ₹750 crore through private placement to strengthen funding and improve liquidity. The move supports its lending and growth plans amid steady credit demand across vehicle finance and personal loan segments.
SEAMEC signed a pact with the Directorate General of Shipping for a ₹1,000 crore investment to enhance maritime infrastructure and offshore capabilities, reinforcing its long-term growth plans in marine engineering and subsea services.
Bosch warned of possible production disruptions due to supply issues with vendor Nexperia but assured efforts to minimize impact. The company is working closely with partners to sustain component availability and protect output levels.
RBL Bank saw Emirates NBD announce an open offer to acquire a 26% stake at ₹280 per share, valuing the deal at ₹11,636 crore. The acquisition aims to boost NBD’s India presence and expand retail banking operations.
Aegis Vopak will acquire a 96% stake in Aegis Terminal (Pipavav) from Aegis Gas (LPG), consolidating control over storage assets and boosting its integrated logistics and energy terminal business.
HUDCO signed MoUs with IIM Calcutta, Paradip Port Authority, and others worth over ₹5,500 crore to fund port development and infrastructure. Also partnered with Mumbai Port for developing a ‘Maritime Iconic Structure.’
BPCL entered a collaboration with Oil India, Numaligarh Refinery, and FACT to pursue opportunities across refining, petrochemicals, and green energy, aligning with its long-term diversification and sustainability strategy.
NTPC Green was designated as a ‘Schedule A’ PSU by the government, strengthening its status among top state-run entities and enabling better operational autonomy in renewable energy expansion.
MPS’s subsidiary completed the acquisition of remaining stakes in Liberate Learning Group, making it a wholly owned arm. The move consolidates MPS’s global presence in digital learning and e-content services.
Shree Cement’s Q2 profit jumped 303.6% YoY to ₹308.5 crore on higher revenue and improved margins. EBITDA rose 59%, showing strong operational recovery and cost efficiency gains.
Jindal Steel’s Q2 profit fell 25.9% YoY to ₹638 crore despite a 4% rise in revenue. Margins were pressured by higher costs, though management appointed a new CEO, Gautam Malhotra.
Tata Capital’s Q2 profit rose 17% to ₹1,128 crore; AUM surged 22% to ₹2.15 lakh crore. Strong loan growth and expanding retail presence boosted overall performance.
Mahindra and Mahindra Financial Services’ Q2 profit jumped 45% YoY to ₹566 crore, supported by higher interest income and strong rural demand. Loan book expansion remained robust with improving asset quality.
Premier Energies’ Q2 profit surged 71.6% to ₹353 crore; revenue grew 20%. Strong solar module demand and capacity expansion drove performance in renewable manufacturing.
DCM Shriram’s Q2 profit rose 151% YoY to ₹158 crore. Revenue up nearly 10%, showing strong operational turnaround.
Ideaforge Technology’s Q2 loss widened to ₹19.6 crore despite 10% revenue growth to ₹40.8 crore. The drone maker faces cost pressures as it scales production and R&D.
Happiest Minds’ Q2 profit rose 9% YoY to ₹54 crore; revenue up 10%. Continued demand for digital transformation and cloud solutions supported steady growth.
Novartis India’s Q2 profit increased 18.7% YoY to ₹24.2 crore on slightly higher revenue. The company maintained growth amid stable pharmaceutical demand.
Sundram Fasteners’ Q2 profit up 5.9% YoY to ₹151 crore; revenue up 2.4%. The auto component maker sustained steady performance despite muted industry demand.
CreditAccess Grameen’s Q2 profit fell 32% to ₹126 crore, even as NII rose 6%. Higher provisioning and costs weighed on the bottom line, though loan growth remained steady.
Star Health’s Q2 profit dropped 50.7% YoY to ₹54.9 crore on higher commissions and claims, despite a slight rise in premium income. Margin pressures persisted.
Blue Dart Express’s Q2 profit jumped 29.5% YoY to ₹81 crore with 7% revenue growth, driven by strong logistics demand and improved operational efficiencies.
Go Digit General Insurance’s Q2 profit rose 30% to ₹117 crore on strong premium growth. The insurer saw healthy underwriting and expansion across motor and health segments.
Adani Total Gas’s Q2 profit declined 11.9% YoY to ₹164 crore despite a 20% revenue rise. Margins were impacted by cost inflation, though volume growth stayed positive.
TVS Holdings’ Q2 profit surged 59% YoY to ₹443 crore; revenue up 27%. Strong vehicle sales and financial services growth boosted performance.
Signature Global India raised ₹875 crore via NCDs from IFC to fund mid-income and sustainable housing projects and reduce debt, reinforcing its development pipeline.
Oil India partnered with BPCL and NRL to build the ₹1 lakh crore Ramayapatnam Greenfield Refinery & Petrochemical project and a ₹3,500 crore pipeline, boosting refining and logistics capacity.
Cohance Lifesciences’ MD V. Prasada Raju resigned; CFO Himanshu Agarwal appointed as Whole-time Director and CFO for five years, ensuring leadership continuity amid transition.
ArisInfra Solutions, through its subsidiary, partnered with Transcon Group and Amogaya Projects to unlock ₹12,000 crore in real estate value via integrated material supply and services.
Swan Defence & Mazagon Dock signed an exclusive teaming agreement for collaboration in designing and constructing Landing Platform Docks for the Indian Navy, boosting indigenous defence manufacturing.
Aditya Birla Capital saw Advent International’s investment arm, Jomei Investments, fully exit Aditya Birla Capital by selling its entire 5.32 crore shares, or 2.04% stake, through two block deals at ₹308 per share, totaling ₹1,638.6 crore. The shares were picked up by 15 major institutional investors, including Goldman Sachs, Morgan Stanley, HDFC Life, ICICI Prudential, SBI Mutual Fund, and Norges Bank.
Aarey Drugs & Pharmaceuticals saw India Opportunities Growth Fund – Pinewood Strategy offload 1.53 lakh shares, representing a 0.54% stake, at ₹87.76 apiece for about ₹1.3 crore, trimming its position in the company.
Tolins Tyres saw BofA Securities Europe SA purchase 2.1 lakh shares, or roughly 0.53% of the company, at ₹189.99 per share, amounting to ₹3.98 crore, signaling growing institutional interest in the company.
Frequently Asked Questions
What is the current trading value of Nifty 50?
Nifty 50 opened at 25,982.00, up by 35 points (0.19%).
How did PNB Housing Finance's leadership change impact the company?
PNB Housing Finance's CEO Girish Kousgi resigned, and regulatory approvals for appointing a new managing director and CEO are underway. The company continues business as usual while ensuring leadership continuity and smooth transition.
What is Adani Green Energy's recent financial performance?
Adani Green Energy’s Q2 profit grew 25% to ₹644 crore; revenue was flat at ₹3,008 crore. Higher capacity utilization and cost control supported steady earnings growth.
What global economic events are affecting the market today?
Several global events, including Trump signaling easing tensions with China and the Fed expected to cut interest rates, are influencing the market. Additionally, Nvidia's investment in Nokia and Australia's inflation rise are notable.
What are some key bulk and block deals in the market?
Aditya Birla Capital saw Advent International’s investment arm, Jomei Investments, fully exit by selling its entire 5.32 crore shares, or 2.04% stake, through two block deals at ₹308 per share, totaling ₹1,638.6 crore. Aarey Drugs & Pharmaceuticals also saw a significant offload of shares.
Related News Articles
Maharera Hearings: Homebuyers Fed Up with Long Delays in Second Hearings
Pune homebuyers complain about significant delays in second MahaRERA hearings, stretching beyond a year, questioning the authority's efficacy in delivering timely justice.
Navneet Rana to Skip Maharashtra Assembly Polls, Eyes Rajya Sabha Seat
Navneet Rana, a prominent political figure in Maharashtra, has announced that he will not contest in the upcoming Maharashtra Assembly elections. Instead, he is setting his sights on a membership in the Rajya Sabha. This decision comes after a series of s
NHSMRE Organizes Second Edition of its Prestigious Management and Real Estate Conference
The Niranjan Hiranandani School of Management & Real Estate (NHSMRE) under the auspices of HSNC University, Mumbai, successfully organized the second edition of its renowned conference, bringing together industry leaders, academics, and students.
Akshay Kumar Offloads Luxurious Borivali East Apartment for Rs 4.35 Crore; Details Inside
Bollywood megastar Akshay Kumar has made headlines once again, this time for a major real estate transaction. He has reportedly sold his opulent apartment in Borivali East for a staggering Rs 4.35 crore. The deal highlights the ongoing allure of Mumbai's
Journalist Attacked by Sand Mafia in Maharashtra's Ratnagiri
A woman journalist was brutally attacked by members of the sand mafia in Ratnagiri, Maharashtra, on Sunday. The incident has sparked outrage and led to a police investigation. The attack highlights the ongoing issues with illegal sand mining and the danger faced by journalists reporting on such activities.
Casagrand Unveils Luxury Residential Project in West Chennai
Casagrand, a prominent real estate developer, has announced the launch of its latest residential project, Casagrand Highclere, in West Chennai's Kundrathur. Spanning a vast area, this project promises to offer a luxurious living experience with state-of-the-art amenities.