Taking Stock: Nifty at seven-month high as mid-day buying takes index past 25,000

Market Today

Benchmark indices surged mid-day on strong buying interest that saw Nifty surpass 25,000 level for the first time since October 17, 2024 during a session of across-the-board buying.

The Sensex was up 1,200.18 points or 1.48 percent at 82,530.74, and the Nifty was up 395.20 points or 1.60 percent at 25,062.10. The BSE midcap index added 0.6 percent while the smallcap index rose 0.9 percent. All the sectoral indices ended in the green with realty, oil & gas, metal, media, IT, auto, bank up 1-2 percent.

Earlier in the day, mixed global cues led to a muted opening and high volatility in the first half, however, sudden mid-session surge helped the Nifty reclaim 25,000 level after spending 141 sessions below the level.

Overnight, Wall Street equities ended mixed, with the S&P 500 slightly higher after flitting between gains and losses in lackluster session, as investors waited for next set of economic data. Stocks in Asia fell on Thursday for the first time in five sessions, while European indices were lower.

Stocks in Focus

The biggest gainers on the Nifty were Hero MotoCorp, JSW Steel, Trent, Tata Motors, HCL Technologies.

More than 80 stocks on the BSE tested their 52-week highs, including Anupam Rasayan, Godfrey Phillips, Shree Cements, ICICI Bank, APL Apollo, Bharat Electronics, Dalmia Bharat, Max Financial, Aster DM Healthcare, Solar Industries, JK Cement among others. Click to View More

Outlook for May 16

Index	Prices	Change	Change%
Sensex	83,952.19	0.00	+0.00%
Nifty 50	25,709.85	0.00	+0.00%
Nifty Bank	57,713.35	0.00	+0.00%

Nifty 50 25,709.85 0.00 (0.00%)

Mon, Oct 20, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
No Biggest Gainer details available.

Biggest Loser	Prices	Change	Change%
Wipro	240.90	-12.91	-5.09%

Best Sector	Prices	Change	Change%
Nifty FMCG	56616.40	762.50	+1.37%

Worst Sector	Prices	Change	Change%
Nifty IT	34950.70	-580.40	-1.63%

Rupak De, Senior Technical Analyst at LKP Securities

The recent consolidation breakout, along with a move above the swing high, has increased the probability of the index reaching 25,690 in the short term. Immediate resistance is placed at 25,360, above which further upside potential may be unlocked.

On the downside, 24,400 is expected to act as strong support in the short to medium term. A decisive break below this level could cause the ongoing rally to lose momentum. Until then, a buy-on-dips strategy is likely to remain effective.

Aditya Gaggar Director of Progressive Shares

On the weekly expiry day, the market witnessed significant volatility marked by sharp swings on either side. Following a subdued opening, Nifty50 initially declined but soon recovered; however, it struggled to sustain the gains and faced another round of selling pressure. Mid-session saw a sudden surge in heavyweight stocks, which pushed the Index beyond the psychological mark of 25,000. By the end of the day, Nifty50 closed the trade at 25,062.10 with gains of 395.20 points.

All sectors ended in the green, with Auto and Realty emerging as the top performers. The rally was largely driven by Index-heavyweight stocks, resulting in underperformance from the Midcap and Smallcap segments.

Technically, the Index formed a strong bullish candle and decisively breached its immediate resistance of 24,930, which now turns into a key support level. On the upside, the next resistance is seen near 25,200.

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