Taking Stock: Market extends gains with Nifty above 19,800; Sensex rises 394 points

The biggest gainers on the Nifty were Hero MotoCorp, Wipro, Grasim Industries, UltraTech Cement and Dr Reddy's Laboratories, while losers were HCL Technologies, Adani Ports, SBI, Coal India and TCS

The equity market extended the winning run on the second consecutive session on October 11 amid positive global markets and buying seen in the heavyweights. At close, the Sensex was up 393.69 points or 0.60 percent at 66,473.05, and the Nifty was up 121.50 points or 0.62 percent at 19,811.30.

After a gap-up start, the market extended the gains with Nifty above 19,800 and hovered around the same level throughout the session with buying seen across the sectors, baring PSU Banks.

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Stocks and sectors

The biggest gainers on the Nifty were Hero MotoCorp, Wipro, Grasim Industries, UltraTech Cement and Dr Reddy's Laboratories, while losers were HCL Technologies, Adani Ports, SBI, Coal India and TCS.

Except for PSU Bank, all other sectoral indices ended in the green with auto, FMCG, metal, pharma, power, oil & gas and realty up 0.5-1 percent.

BSE midcap index rose 0.5 percent and smallcap index added 0.7 percent.

A long build-up was seen in Vodafone Idea, City Union Bank and Ramco Cements, while a short build-up was seen in Bank of Baroda, HCL Technologies and ICICI Prudential Life Insurance Company.

Index	Prices	Change	Change%
Sensex	82,626.23	-387.73	-0.47%
Nifty 50	25,327.05	-96.55	-0.38%
Nifty Bank	55,458.85	-268.60	-0.48%

Nifty 50 25,327.05 -96.55 (-0.38%)

Fri, Sep 19, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Adani Enterpris	2,524.00	122.00	+5.08%

Biggest Loser	Prices	Change	Change%
HCL Tech	1,467.40	-26.40	-1.77%

Best Sector	Prices	Change	Change%
Nifty PSU Bank	7397.75	93.75	+1.28%

Worst Sector	Prices	Change	Change%
Nifty Bank	55458.85	-268.55	-0.48%

Among individual stocks, a volume spike of more than 300 percent was seen in India Cements, Tata Chemicals and Wipro.

More than 250 stocks touched their 52-week high in today's session, including Mishra Dhatu Nigam, Welspun Corp, KPIT Technologies, Sunteck Realty, Ramco Cements, Phoenix Mills, Kalyan Jewellers, eClerx Services, Zomato, TVS Motor Company, Coal India, HDFC Asset Management Company, Ipca Laboratories, among others. Click to View Full List

Outlook for October 12

Jatin Gedia – Technical Research Analyst at Sharekhan by BNP Paribas:

The Nifty opened gap up today and thereafter consolidated for most part of the day. It closed in positive for the second consecutive day up ~121 points. The daily momentum indicator has triggered a positive crossover and hence in case of a dip it should be used as a buying opportunity. Today’s intraday consolidation is a bullish sign as it sustained the gains, and we expect the positive momentum to continue over the next few trading sessions till 19883 which is the 61.82% Fibonacci retracement level of the entire fall from 20222 till 19333. On the downside the gap area formed today in the range 19718 – 19757 is likely to act as a short-term support.

Bank Nifty opened gap up and consolidated thereafter. The zone of 44655 – 44840 where the key daily moving averages are placed acted as a resistance zone and restricted further upside. Overall, we expect the positive momentum to resume on the upside till 45050 – 45350 which coincides with the 50% and 61.82% fibonacci retracement level of the fall.

Shrikant Chouhan, Head of Research (Retail), Kotak Securities:

Positive global cues helped domestic markets extend gains for a second straight session as moderating US bond yields improved the sentiment. With oil prices seeing little movement in the wake of the Israel-Palestine conflict, the focus has once again quickly shifted back to global macro-economy.

If the US treasury yields doesn't spike from here on, it would bring some stability to global equity markets and encourage investors to undertake risk-on strategy. Technically, after a long time the Nifty surpassed the 20-day SMA (Simple Moving Average) and it is also holding the bullish continuation formation on daily and intraday charts which is largely positive. For the bulls, 19750-19700 would act as crucial support zones while 19850-19900 could be key resistance areas for the traders. However, below 19700, the uptrend would be vulnerable.

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