Taking Stock: Fireworks on D-St; Sensex, Nifty at 1-yr high, Bank Nifty at fresh record high

Market Today

Indian equity markets climbed to 52-week high, with benchmarks extending their winning run on third consecutive session on October 17. The BSE Sensex crossed 84,000 for the first time since June 30, 2025, while Nifty index crossed 25,700 for the first time since October 1, 2024, led by buying in autos, consumer durables, FMCG and banking heavyweights.

At close, the Sensex was up 484.53 points or 0.58 percent at 83,952.19, and the Nifty was up 124.55 points or 0.49 percent at 25,709.85. BSE midcap and smallcap indices shed 0.4% each.

Nifty Bank touched fresh record high of 57,830.20, intraday, rising nearly 10,000 points from its March 11, 2025 low of 47,853.95.

For the week BSE Sensex, Nifty rose 1.7 percent each, while Nifty Bank index added 2 percent.

Also Read: Reliance Industries Q2 preview: Retail, Jio, O2C strength to drive earnings growth

Among sectors, media, IT, metal, PSU Bank indices fell 0.5-1%, while auto, bank, healthcare, FMCG, consumer durables rose 0.5-1%.

Asian Paints, Bharti Airtel, Max Healthcare, ITC, M&M were among major gainers on the Nifty, while losers were Wipro, Infosys, Eternal, HCL Technologies, Tech Mahindra.

Also Read: Asian Paints, Kansai Nerolac, other paint stocks rise up to 5% on decline in crude oil

Index	Prices	Change	Change%
Sensex	85,154.15	727.81	+0.86%
Nifty 50	26,057.20	188.60	+0.73%
Nifty Bank	58,314.55	307.35	+0.53%

Nifty 50 26,057.20 188.60 (0.73%)

Thu, Oct 23, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Cipla	1,663.60	0.00	+0.00%

Biggest Loser	Prices	Change	Change%
Kotak Mahindra	2,197.00	0.00	+0.00%

Best Sector	Prices	Change	Change%
Nifty IT	35936.80	637.00	+1.80%

Worst Sector	Prices	Change	Change%
Nifty PSU Bank	7877.25	23.95	+0.30%

In stock-specific action, paint stocks gained up to 4% on falling crude oil prices, Infosys share price down 2% despite Q2 consolidated profit jumps 13%, Wipro share price slipped 5% after Q2 earnings, Zee Entertainment Enterprises shares declined 3% after Q2 net profit down 65.3%.

JSW Infrastructure shares slipped nearly 4% despite Q2 revenue jumping 26.4%, KPI Green shares rose 4% on bagging order worth Rs 696.50 crore from SJVN, PNB Gilts shares fell 7% on reporting losses in Q2, Subros shares slipped 5.6% despite winning order worth Rs 27 crore.

Also Read: Diwali Stock Picks 2025: HDFC Securities identifies top three high-beta rockets to fire up your portfolio

More than 150 stocks touched their 52-week high on the BSE, including Radico Khaitan, Muthoot Finance, TVS Motor, M&M Financial, Nestle India, HBL Engineering, Apollo Hospitals, Maruti Suzuki, SBI, among others. Click to View More

Outlook for October 20

Rupak De, Senior Technical Analyst at LKP Securities

The sentiment around Nifty remains upbeat as the index moved above its four-month consolidation range. On Friday, large-cap stocks clearly outperformed, leaving behind mid- and small-cap stocks — a classic bull market scenario.

In the early phase of a classic bull run, large caps usually lead the rally, followed by mid and small-cap companies.

Technically, Nifty looks strong for a decent upside from here, and a “buy on dips” strategy might prove effective. On the lower end, meaningful support is placed at 25,500, while resistance is seen at 25,850–26,000.

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