Taking Stock: Nifty closes below 25,000, Sensex falls 230 pts in rangebound session; metals shine

Market Today

In yet another rangebound session, the Indian equity indices ended lower with Nifty at around 24,950 on October 11.

Amid mixed global cues, the market opened flat and traded in range while being mostly in a mildly negative zone with Nifty failing to cross 25,000 amid selling seen in the auto, bank, realty stocks.

At close, the Sensex was down 230.05 points or 0.28 percent at 81,381.36, and the Nifty was down 34.20 points or 0.14 percent at 24,964.30.

For the week, BSE Sensex and Nifty ended with marginal losses.

Also Read - Rupee weakens past 84-mark for first time against US dollar on foreign outflows

Top losers on the Nifty included M&M, TCS, ICICI Bank, Cipla and Power Grid Corp, while gainers were Trent, Hindalco Industries, HCL Technologies, Tech Mahindra and ONGC.

On the sectoral front, auto, bank, power, realty indices were down 0.5 percent each, while IT, metal, oil & gas, pharma, media were up 0.5-1 percent.

The BSE midcap and smallcap indices rose 0.4 percent each.

Index	Prices	Change	Change%
Sensex	85,049.19	-89.08	-0.10%
Nifty 50	25,969.75	-62.45	-0.24%
Nifty Bank	59,287.45	13.65	+0.02%

Nifty 50 25,969.75 -62.45 (-0.24%)

Wed, Dec 03, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Wipro	254.91	4.74	+1.89%

Biggest Loser	Prices	Change	Change%
Max Healthcare	1,084.60	-32.90	-2.94%

Best Sector	Prices	Change	Change%
Nifty IT	37841.10	299.80	+0.80%

Worst Sector	Prices	Change	Change%
Nifty PSU Bank	8244.60	-270.30	-3.17%

More than 200 stocks touched their 52-high on the BSE, including, Usha Martin, JM Financial, Mankind Pharma, Ipca Labs, MCX India, Divis Labs, Just Dial, Page Industries, Gujarat Alkalies, Glenmark Pharma, CG Power, HCL Technologies, Dixon Technologies, Gujarat Fluorochemicals, Century Plyboard, Symphony, Hitachi Energy, among others. Click To View More

Outlook for October 14

Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas

Nifty opened marginally in the red and consolidated within a narrow range to close in the red down ~24 points. The Nifty has been consolidating in the range of 25250 – 24900 since the last three trading sessions.

We expect this consolidation to breakout on the upside and rally towards 25350 – 25500 from short term perspective. A breach below 24800 shall weaken the structure and hence should be kept as a stoploss for the long positions.

Bank Nifty has been consolidating in the range of 50900 – 51500 since the last three trading sessions. We expect this consolidation to breakout on the upside and rally towards 52000 from short term perspective.

Ajit Mishra – SVP, Research, Religare Broking

Markets traded lackluster on Friday and ended slightly lower amidst mixed cues. Early in the session, weak sentiment in IT major, TCS, after its earnings report impacted the mood, with further pressure from declines in private banking giants. However, selective buying in heavyweight stocks helped limit the decline as the day progressed. Sector-wise, the trend remained mixed—pharma and metal saw gains, while realty and banking finished in the red. Broader indices outperformed, gaining nearly half a percent each.

The market has been facing selling pressure on every rise, though resilience in key heavyweights, particularly in the IT, pharma, and metal sectors, has slowed the downward momentum.

We recommend maintaining a cautious stance on the Nifty until it decisively surpasses the 20-day exponential moving average (DEMA), which is currently around the 25,300 level. With opportunities on both sides, traders should prioritize careful stock selection and effective trade management.

Disclaimer: The views and investment tips expressed by investment 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 decisions.