Sensex stocks Adani Ports, TechM at new highs; Eternal, ICICI Bk near peaks
BSE moved higher.
· Business Standard Mkts
In the past two weeks, the market price of Eternal, the parent firm of food-delivery marketplace Zomato and quick commerce platform Blinkit surged 18% on the BSE.
The analysis
BSE reported movement of 18%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.5% on the day at ₹1,939.00, and has returned +11.9% over three months. It is trading close to its 52-week high, so expectations were already elevated going in. The infrastructure sector has moved -12.2% over the same period, so Adani Ports is running 24.1 points ahead of its peers.
For Adani Ports, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 3 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 3 of 3 are higher: ICICI Bank leads at +5.2% and Adani Ports trails at +1.5%.
- Over three months: Adani Ports +11.9% against Infrastructure -12.2% (24.1 points ahead); ICICI Bank -2.1% against Banks -5.7% (3.6 points ahead); Eternal (Zomato) +10.3% against Hotels & Restaurants -0.7% (11.0 points ahead).
- Trading well above normal today: ICICI Bank at 2.7 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Adani PortsADANIPORTS · Infrastructure | ₹1,939.00 | +1.5% | +9.9% | +11.9% | +1.5% | 0.5× | — |
| ICICI BankICICIBANK · Banks | ₹1,498.00 | +5.2% | +8.7% | -2.1% | +2.4% | 2.7× | — |
| Eternal (Zomato)ETERNAL · Hotels & Restaurants | ₹357.30 | +3.7% | +9.8% | +10.3% | +2.2% | 1.2× | — |
Infrastructure
1M -4.0% · 3M -12.2%
Adani Ports
Banks
1M -1.3% · 3M -5.7%
ICICI Bank
Hotels & Restaurants
1M +0.9% · 3M -0.7%
Eternal (Zomato)
Prices as of 5 Nov 2026, 14:50 IST. Sector moves are the average of the stocks we track in each sector.
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