INDIA MARKET LENS
2 outlets▲ Positive

Stocks in news: Bharat Dynamics, NTPC, Canara Bank and Waaree Energies

BSE moved higher.

24 Sept 2026 · Economic Times Markets, ET Stocks

Indian equity benchmarks experienced gains on Wednesday, driven by widespread buying in the market. Investors reacted positively to signs of potential de-escalation in West Asia and changing crude oil prices. The Nifty 50 and Sensex indices both increased after assessing recent corporate developments and strategic forecasts.

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Against that, the stock is -1.4% on the day at ₹317.00, and has returned -10.3% over three months. It sits 23% below its 52-week high. The power sector has moved -16.4% over the same period, so NTPC is running 6.0 points ahead of its peers.

This is an Input cost / crude event. India imports most of its crude, so input costs pass through to margins downstream and to the rupee. Producers and consumers of the same input move in opposite directions. On the day the stock is -1.4%, so a modest reaction.

For NTPC, the question is how much of this is already reflected in the price and how much re-rates the power peer set alongside it.

  • With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
  • The company directly in focus is NTPC.
  • Sector exposure: Power.
  • The immediate tone of coverage reads positive.
NTPCPower