Nifty tops 25,200, Sensex edges higher as India-US trade talks lift sentiment

Over the past month, the Nifty 50 and Sensex have gained around 0.5 percent each.

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26 Aug, 2025 12:21

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Dalal Street's headline indices Nifty 50 and Sensex opened with mild gains on Wednesday, October 15, after optimism over India–US trade discussions have resurfaced as New Delhi is set to hold talks with Washington later this week.

At 09:16 a.m., the Sensex was up 236.29 points or 0.29 percent at 82,266.27, and the Nifty was up 78.30 points or 0.31 percent at 25,223.80. About 1323 shares advanced, 883 shares declined, and 148 shares unchanged.

Most sectoral indices traded in the green, with notable gains in Nifty Realty, which climbed 0.68 percent, followed by Nifty PSU Bank, up 0.60 percent. Financial Services, Metal, FMCG, and Auto indices also saw modest advances. On the flip side, Nifty Media and Nifty Consumer Durables slipped 0.14 percent and 0.13 percent, respectively, while other sectors, including IT and Pharma, posted marginal gains.

The broader markets also recorded gains, indicating wide-spread buying interest. The Nifty Midcap 100 was higher by 0.2 percent, while the Nifty Smallcap gained roughly 0.4 percent.

Over the past month, the benchmarks have been trading in a tight range, given the lack of positive triggers and renewed selling by FIIs, as a result of poor earnings growth, which is posing various short-term challenges to the market.

The Q2 results are unlikely to change the sentiments, according to VK Vijayakumar, Chief Investment Strategist, Geojit Investments, since the postponement of buying following the GST cuts, impacted corporate sales in September. But post-September, the story is different.

"Automobiles and white goods are witnessing brisk sales and in the low-interest regime, with more rate cuts to come, this demand will sustain. These positives will be reflected not in the ongoing Q2 results season but in the Q3 results. The market will soon start discounting that, and that is when a healthy market rally will begin and sustain," he noted.

Technically, a decisive move above 25,200–25,250 is required to regain strength toward 25,300–25,350, while supports are placed at 25,050 and 25,000, which may offer attractive buying opportunities on dips, noted Amruta Shinde, Technical & Derivative Analyst at Choice Equity Broking.

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