📊 Market at a Glance

Nifty 50: 25,158.45 ↑
Sensex: 82,064.21 ↑
Top Gainers: Banking, IT, Financials, Healthcare
Top Losers: Metals, Auto, Consumer Durables, FMCG
Major Triggers: Strong Q2 results, Tata Capital IPO, RBI rupee intervention, global cues

The Indian equity markets opened the week on a strong note, with both benchmark indices surging higher. The Nifty 50 climbed past the 25,000 mark, trading at 25,158.45, after touching 25200, driven by gains in Banking, Auto, Energy stocks.

🔹 Reasons Behind Today’s Bullish Sentiment

1. Strong Q2 Business Updates

Positive updates from major banks have been a major driver of today’s rally.

HDFC Bank reported a 9% rise in advances and a 15% increase in deposits, indicating robust credit growth.
Kotak Mahindra Bank also posted strong metrics, reinforcing confidence in the financial sector.

These results have encouraged investors to bet on continued sectoral strength ahead of the full earnings season.

2. Anticipation of Earnings Season

Traders are positioning for Q2 FY25 earnings, with expectations of strong numbers and possible Q3 upgrades across sectors like banking, IT, and capital goods.

3. Tata Capital IPO Boost

The launch of the ₹15,511.87 crore Tata Capital IPO, the largest of 2025, has energized the market. The offering aims to strengthen the company’s capital base and meet RBI’s listing requirement for Upper Layer NBFCs. Investor response has been robust, reflecting growing confidence in India’s financial ecosystem.

4. RBI’s Currency Intervention

The Reserve Bank of India (RBI) stepped up activity in the offshore non-deliverable forwards (NDF) market, stabilizing the rupee and adding confidence to foreign investors.

5. Supportive Global Cues

Asian markets traded mostly higher, tracking Wall Street’s positive close. Expectations of US Federal Reserve rate cuts later this month added to global risk appetite.

6. Oil Prices Rise on Limited OPEC+ Output Hike

A smaller-than-expected OPEC+ production increase pushed oil prices higher, but the impact on domestic equities was limited due to strong banking and IT momentum.

🔹 Other Notable Developments

Defence Sector Liberalization: The Ministry of Defence opened up missile and ammunition production to private companies — a major step toward self-reliance (Atmanirbhar Bharat) and reduced import dependency.
Bond Market Strength: Government bond yields are likely to fall further after states announced lower-than-expected borrowing, strengthening bond market sentiment.
Gold and Silver Surge: Gold and silver prices hit fresh highs amid geopolitical tensions, a weaker yen, and rate cut expectations from the US Fed.
Jefferies on JSW Cement: Global brokerage Jefferies initiated coverage on JSW Cement with a “Buy” rating and a ₹170 target, citing strong growth prospects and solid return potential.
Fortis Healthcare Open Offer: SEBI approved IHH Healthcare Berhad’s open offer for Fortis Healthcare, propelling the stock 6.6% higher in today’s trade.
Nykaa’s Q2 Update: Shares of Nykaa (FSN E-Commerce Ventures Ltd.) jumped to ₹252.80, reflecting investor enthusiasm around its Q2 business update and improving profitability outlook.

🔹 Market Outlook

With positive domestic triggers, supportive global cues, and anticipation of robust Q2 earnings, the Nifty 50 may continue to find support above 25,000. However, investors are advised to stay selective — focusing on banking, Auto, and capital goods — while keeping an eye on volatility ahead of key earnings announcements.

📰 Conclusion

October 6, 2025, marks a strong start to the week for Indian markets. Driven by financial strength, IPO enthusiasm, and RBI support, investor sentiment remains optimistic. As India’s corporate earnings season kicks off, all eyes will be on how long the bullish momentum can sustain amid global economic shifts.

Nifty Touched 25,200, Rally in Auto and Energy Stocks – October 7, 2025