Tech Mahindra shares down by more than 1% as markets begin the day on a positive note

Indian equity markets have started the day today strongly in green. At 9:45 a.m. 15^th October, 2025, Nifty 50 is up 92.35 points or 0.37%. Sensex is up by 213.89 points or 0.26%. Indian equity markets have opened today in line with other Asian markets.

Markets may have got some boost by US Federal Reserve Chairman Jerome Powell’s indication that US central bank may go for another interest rate cut before the end of this year. Lower interest rates in US may result in increased flow of foreign institutional investments in Indian capital markets.

Tech Mahindra shares down after September quarter result

Top three gainers at Nifty 50 at this time are HDFC Life, Nestle India and Bajaj Finance. Top three losers are Tech Mahindra, Axis Bank and Infosys. Tech Mahindra shares are down by 1.55%, trading at Rs 1,445.30, at this time. The company posted its September quarter result yesterday. Its net profit in the quarter came down year-on-year by 4.5% to Rs 1,195 crore.

Market wide gains

All the broad market indices at NSE are in green at this time. Market volatility is down by 3.67% at this time. Among sectoral indices, only Nifty Private Bank Index and Nifty Media index are in red at this time. Nifty Midsmall IT & Telecom index is the top gainer, among sectoral indices, at this time. It is up by 1.96%. Realty stocks are also gaining today. This, as the expectation of another round of interest rate cuts by central banks increases. Nifty Realty index is up by 1.38% at this time.

Market breadth positive

Market breadth is positive at NSE at this time. 1704 stocks are gaining. 961 stocks are declining.

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Source: NSE