Taking Stock: Nifty rises for a third day to reclaim 25,000, Sensex higher on IT, pharma, banking rally

Stock Market Today

The stock market started the week on a positive note with the benchmark Nifty 50 extending gains for a third consecutive session on October 6, closing above the 25,000 level, led by IT and financials.

The indices started the day on a positive note and saw extended buying to take Nifty 50 past 25,000, settling near the day's high of 25,095.95. At close, the Sensex was up 582.95 points or 0.72 percent at 81,790.12, and the Nifty was up 183.40 points or 0.74 percent at 25,077.65. The BSE midcap index rose 0.7 percent while smallcap index ended marginally lower.

Also Read: Centre proposes Rs 5,000 crore R&D booster for Pharma and MedTech: Can it drive innovation?

The biggest gainers on the Nifty 50 index were Max Healthcare, Shriram Finance, Apollo Hospitals, TCS, Tech Mahindra, while losers included Tata Steel, Adani Ports, Power Grid Corp, ITC and NTPC.

Among sectors, the IT index rose by 2 percent, healthcare index rose by one percent, private bank index up 1.2 percent, oil & gas index up 0.7 percent and PSU Bank index was up 0.4 percent, while metal, media, FMCG, down 0.3-0.9 percent.

Also Read: India’s services growth eases in September but holds strong, shows PMI data

In stock-specific action, Aditya Birla Life shares added nearly 7% after a block trade, HDFC Bank shares added 1% stronger Q2 business update, Max Healthcare and Apollo Hospitals rose 2-6% each after Centre's revision of CGHS rates, and Ceigall India shares added 2.4% on winning LoA from Maharashtra State Electricity Distribution Company.

Avenue Supermarts shares fell 2.6% despite a growth in Q2 standalone revenue, Dhanlaxmi Bank shares rose 3% after Q2 total business increased, and Lupin's share price fell nearly 2% on receiving four observations from the USFDA. Vodafone Idea's shares fell 4% as after hearing on its plea for AGR relief was adjourned till October 13, and Angel One shares added 2.7% after on September client additions.

Index	Prices	Change	Change%
Sensex	82,029.98	-297.07	-0.36%
Nifty 50	25,145.50	0.00	+0.00%
Nifty Bank	56,496.45	0.00	+0.00%

Nifty 50 25,145.50 0.00 (0.00%)

Wed, Oct 15, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Max Healthcare	1,161.50	18.20	+1.59%

Biggest Loser	Prices	Change	Change%
Tata Motors	395.45	-265.30	-40.15%

Best Sector	Prices	Change	Change%
Nifty Infra	9134.50	-40.00	-0.44%

Worst Sector	Prices	Change	Change%
Nifty PSU Bank	7596.50	-117.45	-1.52%

Nearly 200 stocks touched their 52-week high on the BSE, including KIOCL, Fortis Healthcare, Nykaa, Poonawalla Fincorp, Bank of Baroda, Muthoot Finance, Canara Bank, Hindustan Copper, Indian Bank, Aditya Birla Capital, Nippon Life India Asset Management, L&T Finance, among others. Click to View More

Outlook for October 7

Shrikant Chouhan, Head Equity Research, Kotak Securities

Today, the benchmark indices continued their positive momentum. The Nifty ended 183 points higher, while the Sensex was up by 583 points. Among sectors, the IT index gained the most, rallying over 2 percent, whereas profit booking was seen in the Metal index, which shed nearly 1 percent. Technically, after a muted open, the market held the positive momentum throughout the day. A bullish candle on daily charts and an uptrend continuation formation on intraday charts indicate a further uptrend from the current levels.

We believe that the current market texture is bullish, but buying on intraday dips and selling on rallies would be the ideal strategy for day traders.

On the downside, 25000–24,950/81500-81300 would act as crucial support zones, while 25,150/82000 and 25,200/82200 could be immediate resistance levels for the bulls. However, below 24,950/81300, the uptrend would become vulnerable.

Osho Krishan, Sr. Analyst – Technical & Derivatives, Angel One

The Indian equity markets commenced the new week with substantial strength, as the benchmark index exhibited a consistent upward trajectory throughout the trading session. Ultimately, the Nifty50 index concluded near the highest point of the day, reflecting a significant recovery attributed to short covering, followed by long build-up activities. The index finished near the 25080 level, marking a gain of 0.74 percent.

The recent developments in the Nifty50 index demonstrate a promising recovery, as it has retraced 50 percent to its recent decline. Furthermore, the index has notably surpassed both the 50 and 20 DEMA, indicating a positive trend in its chart structure. This resurgence may signal potential for continued market growth. On the levels front, the 25000 zone is anticipated to provide substantial support and is expected to favor bullish sentiments, aligning with the prevailing strategy of "buy on dips".

While the critical support level is expected to be placed around the range of 24930-24900, which represents the confluence of the 20-day and 50-day EMA. On the upper end, the 61.80% Fibonacci retracement level, along with the previously established breakout neckline situated around 25120-25150, is likely to serve as a significant barrier, and a decisive breakthrough could potentially initiate a new rally, aiming towards the range of 25220 to 25250 in the intermediate term.

As we move forward, the ongoing activity in the high-beta index, Nifty Bank, is poised to positively enhance market sentiments. Considering this outlook, it is beneficial to explore opportunities within the broader market. Moreover, capitalizing on dips in key indices presents a valuable opportunity to establish long positions.

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