Home / Business and Economy / Sensex Soars, Nifty Jumps as Earnings Defy Expectations
Sensex Soars, Nifty Jumps as Earnings Defy Expectations
17 Nov
Summary
- Sensex trades 252 points higher, Nifty up 63 points
- Tata Motors PV shares fall 6% on weak Q2 results, cybersecurity impact
- Earnings growth beats earlier estimates, discretionary spending to lead Q3
On November 17, 2025, the Indian stock market kicked off the new week on a positive note, with the benchmark BSE Sensex trading 252 points higher at 84,816.57 in the opening trade, while the NSE Nifty was up by 63 points to 25,973.80. The market remained cautiously optimistic amid mixed global cues and a lack of significant domestic triggers.
Among the 30 Sensex shares, 23 were trading in the green, with Kotak Mahindra Bank, Tech Mahindra, SBI, L&T, and Bajaj Finserv emerging as the top gainers, rising up to 1.03%. However, Tata Motors Passenger Vehicle (TMPV), Eternal, UltraTech Cement, TCS, Tata Steel, Infosys, and Trent were the laggards, falling by up to 4.85%.
According to VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, the Q2 results declared so far indicate an uptrend in earnings growth, with net profits growing by 10.8%, the best in the last six quarters. This is a beat over earlier estimates, and the present trends in consumption suggest that earnings will further improve in Q3, with discretionary consumption, particularly automobiles, leading the growth.
