Muhurat Trading tomorrow, HDFC Bank profits up 10%, & more - Groww Digest
Monday, 20 October 2025
Markets opened significantly above Friday’s closing point.
Nifty 50 opened higher and closed in the green.
PSU bank stocks and oil and gas stocks rose the most today. Auto stocks and metal stocks fell the most.
Global markets: US markets and Asian markets rose. Most European markets rose (as of 6 pm IST).
News
India has developed its first homegrown antibiotic, Nafithromycin, to treat resistant respiratory infections, especially in cancer and diabetic patients. It was developed by the Department of Biotechnology in collaboration with Wockhardt.
China’s GDP grew 4.8% year-on-year in the July-Sept quarter (vs 5.2% in the April-June quarter), while industrial production expanded 6.5% year-on-year in Sept 2025.
Indian e-commerce platform Meesho plans to raise Rs 4,250 crore through a fresh issue in its upcoming IPO, according to its updated prospectus.
Tomorrow (21 October 2025), will be a market holiday due to Diwali Laxmi Pujan. A special Muhurat Trading session will be held from 1:45 PM to 2:45 PM IST.
Stocks Updates
HDFC Bank: net profit rose 10% year-on-year to Rs 19,611 crore in the July-Sept quarter. Net interest income rose 5% to Rs 86,994 crore.
Dixon Tech: and Inventec completed their joint venture, with Dixon holding 60% and Inventec holding 40% in Dixon IT Devices Pvt Ltd, to manufacture notebooks, desktops, and servers in India.
Word of the Day
Buyback
It is when a company purchases its own shares from existing shareholders
It is also called share repurchase.
To do this, the company typically offers to purchase shares at a price higher than the current market price.
This reduces the total number of shares in the market, which can increase the value of the remaining shares.
Buybacks usually happen when companies have extra cash and believe their stock is undervalued.
They show investors that the company is confident about its financial health.
6 Day Course
Theme: commodities trading
Day 1: Monday
In this week’s course, we will try to understand commodities trading.
Share trading involves buying/selling of companies’ shares. Commodities trading involves buying/selling of commodities.
These commodities could be anything — gold, silver, copper, crude oil, agricultural products, and so on.
Shares are traded on two exchanges in India — National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Likewise, commodities are traded at different exchanges.
One of the most popular exchange is called MCX — Multi Commodity Exchange of India.
Others include National Commodity and Derivatives Exchange (NCDEX), and Indian Commodity Exchange (ICEX).
Just like share markets, the commodities exchanges are also regulated by SEBI.
We explored the question “What if I invested only in specific sectors”
Check out the full report here
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