India's industrial production rises, Bharat Electronics gets new orders, & more - Groww Digest

Sep 29, 2025

Markets opened above Friday’s closing point.

Nifty 50 was volatile throughout the day and closed flat.

PSU bank stocks and oil and gas stocks rose the most today. Media stocks and private bank stocks fell the most.

Global markets: US markets and most Asian markets rose. Most European markets rose (as of 6 pm IST).

News

India’s industrial production rose 4% year-on-year in Aug. Production increased for mining (+6%), electricity (+4.1%), and manufacturing (+3.8%): MoSPI.
The Indian Army issued a Rs 30,000 crore tender for the indigenous ‘Anant Shastra’ (QRSAM) air-defence system. The missile, developed by DRDO, will be co-produced by various companies including BEL and Bharat Dynamics: as per various media reports.
Atlanta Electricals IPO got listed on the stock exchanges with a 13.66% premium over its issue price and closed 9.20% up at the end of the day.
Pace Digitek IPO has been subscribed 0.55 times. Retail subscription: 0.62 times. IPO closes tomorrow (30 Sept).
TruAlt Bioenergy IPO was subscribed 71.92 times. Retail subscription: 11 times. IPO closed for subscription.

Bharat Electronics: received orders worth Rs 1,092 crore including defence network upgrade, tank sub systems, communication equipment, etc.
L&T: received a trade facility of $700 million from Standard Chartered, with repayment terms linked to cutting pollution and saving water.
Tata Power: company subsidiary, Tata Power EV Charging Solutions, partnered with VE Commercial Vehicles to boost electric truck and bus adoption in India.
Lupin: company’s Dutch subsidiary, Nanomi, will acquire VISUfarma, a European eye-care pharma firm, for 190 million Euros to expand its specialty business in Europe.
M&M: will sell its Finland-based subsidiary Sampo Rosenlew to TERA (a Turkey-based investment company) for around Rs 52 crore.
Bajaj Finance: raised Rs 1,555 crore via non-convertible debentures at 7.37% interest rate, maturing in Sept 2030.
Shree Cement: board fixed 3 Nov as the record date for a possible interim dividend to be announced in the board meeting on 28 Oct.

Contract Note

It is an official document that is issued by stockbrokers to investors/tradersnment, either central or state.

This official note is generated every time a buying or selling takes place in the stock markets.

It acts as an official record of every transaction made in the stock markets.

It is mandatory for the brokers to send contract notes to their customers. It is not issued for mutual fund transactions.

Most brokers send contract notes via email in the form of an Electronic Contract Note (ECN).

It includes information such as whether the security was bought or sold, order number, brokerage, etc.

Theme: thematic funds
Day 1: Monday

Thematic funds or sectoral funds are considered as one of the riskiest categories of mutual funds.

They invest in stocks from one sector or theme. Eg: Pharma sector, auto sector, etc.

In most mutual funds’ cases, it is said that investing for the long run is best.

In case of thematic funds, timing can actually be very crucial. Investing with eyes shut, for the long term, can be risky.

It is often said that these mutual funds are not suitable for all investors.

In fact, only investors who have expertise in a certain industry or sector should invest in these funds.

In this week’s course, we will try to understand these mutual funds.

We explored the question “What if you invested mostly in Gold or Equity or Debt?”

Check out the full report here.

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