Taking Stock: Sensex, Nifty close higher for 3rd straight session; midcap, smallcap up 1%

At closing, Sensex ended above 73000 mark, up 0.45 percent or 330 points while Nifty closed at 22218, up 0.51 percent or 113.8 points.

India's Sensex and Nifty surged for the third consecutive session, with Sensex up over 300 points and Nifty maintaining above the 22200 level. Broader markets BSE MidCap and SmallCap too showed strength, gaining over one percent after recent correction.

At closing, Sensex ended above the 73000-mark, up 0.45 percent or 328 points while Nifty closed at 22218, up 0.51 percent or 114 points.

Among sectoral indices, Nifty Metal was the top gainer, up 2.77 percent, followed by Nifty auto and oil & gas, which rose 1.8 percent each. Nifty PSU Bank, Consumer durables, and realty were up 1 percent each. Among losers, Nifty FMCG and Pharma were down 0.5 percent each.

Investors are eagerly awaiting US inflation reports to steer the markets. US producer prices, a crucial inflation gauge, were released on Tuesday. Federal Reserve Chair Jerome Powell is set to speak as well. The consumer price index, due on Wednesday, is expected to indicate moderation but remain sufficiently high to preclude rate cuts.

Outlook for 15 May

Prashanth Tapse, Senior VP (Research), Mehta Equities:

Market is playing a wait and watch game as the polling season is underway and it's difficult to predict that a 3-day rally would sustain going ahead, but Sensex closing above the crucial 73k mark holds the key. Surprisingly, investors continue to find value in mid & small-cap stocks at a time when investors usually keep a low profile during the election season.

Vinod Nair, Head of Research, Geojit Financial Services:

Index	Prices	Change	Change%
Sensex	81,790.12	582.95	+0.72%
Nifty 50	25,077.65	183.40	+0.74%
Nifty Bank	56,104.85	515.60	+0.93%

Nifty 50 25,077.65 183.40 (0.74%)

Mon, Oct 06, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Max Healthcare	1,139.70	70.50	+6.59%

Biggest Loser	Prices	Change	Change%
Tata Steel	170.06	-3.15	-1.82%

Best Sector	Prices	Change	Change%
Nifty IT	34722.50	772.75	+2.28%

Worst Sector	Prices	Change	Change%
Nifty Metal	10185.50	-91.60	-0.89%

The domestic market has sustained its recovery path from recent lows, aided by a moderation in India’s CPI and favourable signals from its Asian peers. However, investors are cautious ahead of the upcoming U.S. CPI data, which is anticipated to show a slight increase from the previous month and could raise concerns about rate cut expectations. Volatility and range-bound trading are likely to persist in the near term, given the ongoing uncertainty surrounding the low turnout.

Ajit Mishra – SVP, Research, Religare Broking:

The market continued its rebound, extending Monday's gains by over half a percent. Throughout the day, the Nifty gradually climbed higher, settling at 22,222.5 level. Sector-wise, there was a mixed trend, with metal and auto sectors showing strong gains while defensive sectors like FMCG and pharma saw profit-taking. The broader indices performed well, gaining between 1 percent to 2 percent.

The Nifty is now approaching the hurdle zone around 22,300 after two days of rebound, which might lead to a pause or a resumption of a corrective phase. However, a decrease in volatility could limit the decline. The mixed sectoral trend presents opportunities for traders on both sides of the market, so it's important for them to plan their positions accordingly.

Rupak De, Senior Technical Analyst, LKP Securities:

The bulls propelled the index higher following a positive trading session. However, the index closed just below the lower band of the rising channel. The Nifty managed to close above the crucial level of 22,200; nonetheless, it needs to return within the channel to sustain momentum in the upcoming days. In the near term, a decisive move above 22,250 could propel the index towards the higher level of 22,600 in the short term. Conversely, a failure to maintain levels above 22,200 might trigger selling pressure in the market.

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