Taking Stock: Sensex snaps 6-day losing streak, jumps 635 points

The 50-share NSE Nifty added 190 points or 1.01 percent to 19,047.25. BSE flagship Sensex rose 1.01 percent or 634.65 points to 63,782.80

Thanks to low-level buying, benchmark indices snapped the six-day losing streak and closed with gains on October 27. Most sectors contributed to the up move wherein realty, energy and financials were among the top performers.

Despite some recovery, the volatile situation in the Middle East is keeping investors on their toes. Moreover, concerns over the bond yields are yet to abate, though some of those have been priced in.

The 50-share NSE Nifty added 190 points or 1.01 percent to 19,047.25. BSE flagship Sensex rose 1.01 percent or 634.65 points to 63,782.80.

“Aided by a recovery in several Asian indices, domestic equities bounced back sharply on strong all-round buying support and Nifty once again retained the 19,000 mark. However, lingering negative factors such as Israel-Hamas conflict, surging US bond yield, FII fund outflows and rate hike worries will mean markets are likely to stay volatile going ahead,” said Amol Athawale, Vice President - Technical Research, Kotak Securities.

Broader market outperformed the headline indices. Nifty Smallcap was up 2.01 percent while Nifty Midcap 100 added 1.54 percent. Nity 500, the broadest index on NSE, rose 1.27 percent.

All sectoral indices closed with gains. Nifty PSU Bank was the biggest gainer, up 4.11 percent. It was followed by Nifty Realty, Nifty Media, Nifty Auto and Nifty IT that rose 1-3 percent.

Among the Nifty 50 stocks, Coal India was the biggest gainer, rising over 3 percent. HCL Tech, Axis Bank, SBI and Bajaj Auto were other major gainers, rising 2-3 percent. UPL, ITC, Hindalco Industries and Dr Reddy’s Labs were those that closed in the red.

The domestic market recovered well compared to yesterday’s sharp corrections, due to restrained FII’s selling along with moderation in currency and global bond yield volatility. Till date, the Q2 results outcome is decent, which is in-line with the buoyant estimate. Yet, the market is not enthusiastic as we are at the cusp of earnings downgrade in anticipation of further slowdown in the world economy due to elevated interest rate and geopolitical risk.

Index	Prices	Change	Change%
Sensex	84,559.65	-120.21	-0.14%
Nifty 50	25,818.55	-41.55	-0.16%
Nifty Bank	58,926.75	-107.85	-0.18%

Nifty 50 25,818.55 -41.55 (-0.16%)

Wed, Dec 17, 2025

• 1D
• 5D
• 1M
• 3M
• 6M
• 1Y
• 2Y

Biggest Gainer	Prices	Change	Change%
Shriram Finance	864.20	15.80	+1.86%

Biggest Loser	Prices	Change	Change%
Max Healthcare	1,031.10	-41.90	-3.90%

Best Sector	Prices	Change	Change%
Nifty PSU Bank	8318.30	106.30	+1.29%

Worst Sector	Prices	Change	Change%
Nifty Midcap 100	59388.80	-322.00	-0.54%

Nifty reversed the downtrend on Oct 27 but low volumes on such a day remains a concern. In the process it filled the down-gap on daily charts formed on the previous day. Nifty could now head towards 19229-19298-19432 levels over the next few days while 18826-19047 band could provide support on down move.

Markets ended their 6-day losing streak as Nifty reclaimed the psychological 19000 mark on the back of broad-based buying support. Despite the strong rebound, we suspect the benchmarks are not out of the woods yet. For markets to remain buoyant, some resolution is needed between the on-going Israel-Hamas war. Technically, confirmation of major strength in Nifty only above the 19700 mark.