Moneycontrol PRO
HomeNewsBusinessMarketsTaking Stock: Market snaps six-day run; Nifty below 25,800, Sensex down 345 pts

Taking Stock: Market snaps six-day run; Nifty below 25,800, Sensex down 345 pts

Cipla, HUL, Adani Ports, Max Healthcare, UltraTech Cement were among top losers on the Nifty, while gainers were Hindalco, Bharti Airtel, ONGC, Shriram Finance, ICICI Bank.

October 24, 2025 / 16:06 IST
Market Today

Indian market snapped six-day winning streak and dragged Nifty near 25,700, intraday, amid selling across the sectors barring metal and telecom names.

Amid positive global cues, the market opened on a positive note buy failed to hold on to the gains and witnessed extended selling as the day progressed, dragging Nifty to day's low of 25,718.20.

At close, the Sensex was down 344.52 points or 0.41 percent at 84,211.88, and the Nifty was down 96.25 points or 0.37 percent at 25,795.15. BSE Midcap and Smallcap indices are trading flat.

For the week, the BSE Sensex and Nifty rose 0.3% each.

Also Read: Equity cash turnover rises 22% MoM in September; H1FY26 records 19% YoY decline

Cipla, HUL, Adani Ports, Max Healthcare, UltraTech Cement were among top losers on the Nifty, while gainers were Hindalco, Bharti Airtel, ONGC, Shriram Finance, ICICI Bank.

Among sectors, metal and telecom indices up 1% each, while FMCG, PSU Bank, pharma, private bank, consumer durable down 0.5-1%.

Also Read: India's private sector activity eases to five-month low in October, PMI shows

IndexPricesChangeChange%
Sensex84,896.30-54.65 -0.06%
Nifty 5025,977.00-36.45 -0.14%
Nifty Bank59,079.90117.20 +0.20%
Nifty 50 25,977.00 -36.45 (-0.14%)
Tue, Nov 18, 2025
Biggest GainerPricesChangeChange%
Bharti Airtel2,150.2038.00 +1.80%
Biggest LoserPricesChangeChange%
Interglobe Avi5,765.50-107.50 -1.83%
Best SectorPricesChangeChange%
Nifty Bank59080.30117.60 +0.20%
Worst SectorPricesChangeChange%
Nifty Metal10396.30-99.60 -0.95%

In stock-specific action, Thyrocare Technologies shares were up nearly 2% after promoter sold 10% stake, Colgate Palmolive (India) share down 2% after Q2 profit slipped 17%, Federal Bank shares hit 52-week high after board approves issuance of warrants to Asia II Topco XIII Pte, PTC India Financial Services shares added 11% after Q2 consolidated profit jumps 86%, South India Paper Mills gained 16% on reporting profit in Q2, Aditya Birla Sun Life AMC shares slipped 2% on posting fall in Q2 profit.

Nearly 150 stocks touched their 52-week high on the BSE, including Sammaan Capital, Hindalco Industries, Cholamandalam Investment, Cummins India, Motilal Oswal, Shriram Finance, Federal Bank, Laurus Labs, MRF, among others. Click to View More

Outlook for October 27

Rupak De, Senior Technical Analyst at LKP Securities

The Nifty remained weak during the session as traders continued to book profits. On the lower end, it slipped below the initial support of 25,850, leading to a decline towards 25,700.

The next 1–2 sessions might remain volatile; however, a sustained rally looks possible thereafter.

On the higher end, resistance is placed at 25,850, above which a rally towards 26,000–26,200 looks possible.

Ajit Mishra – SVP, Research, Religare Broking 

Markets extended their decline on Friday, with the Nifty slipping nearly 0.4% to close around 25,795. After a flat start, the index remained under pressure throughout the session amid broad-based selling. Sectorally, most indices moved in line with the benchmark, with FMCG, banking, and pharma among the top losers, while metals stood out, gaining over a percent. The broader indices also ended in the red, leading to weak market breadth.

Persistent profit booking in heavyweights after the recent rally, coupled with declines in FMCG majors post-earnings, weighed on sentiment. Additionally, volatility in global tech stocks and uncertainty surrounding upcoming U.S. inflation data further dampened risk appetite.

We maintain a bullish view despite the ongoing corrective phase and suggest retaining a positive bias as long as Nifty holds above 25,600. However, traders should remain selective, focusing on sectors showing relative strength, particularly large-cap and quality mid-cap stocks.

Disclaimer: The views and investment tips expressed by experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.

Rakesh Patil
first published: Oct 24, 2025 03:50 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347