Mumbai | Oct 9, 2025, 15:45 IST —
Filed on 09-Oct-2025, 15:45 IST via NSE/BSE end-of-day data
A late surge in technology and metal heavyweights powered Indian equities to a positive close on Thursday. The Sensex added 398 points, while the Nifty 50 reclaimed the 25,150 mark, reversing midday hesitation as largecaps firmed into the bell.
What moved the market
- IT leads: Buying returned in frontline IT on stable global tech cues and steady large-deal commentary from tier-1 vendors. Mid-tier services names followed.
- Metals bid: Steel and non-ferrous counters advanced, tracking firmer commodity prints and hopes of downstream demand into Q3.
- Banks mixed: Private banks were range-bound with stock-specific action; select PSUs outperformed on steady deposits commentary.
- Defensives steady: FMCG and healthcare were largely flat, capping index volatility.
By the numbers (closing snapshot)
Note: Insert your exact closes if needed in CMS once EOD numbers publish.
Sector check
- Winners: IT, Metals, Auto/Capital Goods — risk-on tilt into close; cyclicals outperformed.
- Flat/soft: FMCG, Pharma steady; Financials mixed with divergence between private lenders and PSUs.
- Broader market: Midcap and smallcap indices gained as breadth improved, with advance-decline favouring gainers.
Key movers to watch
- IT: TCS, Infosys, HCL Tech supported the index; mid-tier names mirrored strength.
- Metals: Tata Steel, JSW Steel, Hindalco advanced amid firmer global prices and hopes of infra-led offtake.
- Capital goods: L&T sentiment stayed firm following large overseas order inflows; select defence/industrial names saw follow-through buying.
- Banks: Mixed prints; private banks were range-bound while select PSUs edged up on stable liability trends.
Flows, vols & derivatives
- F&O: Short-covering in index futures into the final hour aided the ramp; call writers covered near-money strikes while fresh writing appeared at higher bands.
- VIX: Stayed contained, helping risk appetite.
- Institutional tone: Early desk colour suggested mixed flows; final provisional numbers will be watched for confirmation.
What could swing sentiment next
- Global cues: US yields, dollar index and tech ADRs; commodity trajectory (steel/aluminium).
- Earnings run-up: Commentary from IT and metals will set the tone for guidance; watch margin talk and deal pipelines.
- Macro calendar: Domestic inflation/industrial prints and any central-bank signalling on liquidity.
Risks
- Upside in global bond yields or a stronger USD can pressure EM flows.
- Metals are sensitive to commodity volatility and China demand prints.
- IT rerating depends on large-deal execution versus elevated expectations.
Outlook
With IT and metals reasserting leadership and volatility contained, traders will look for follow-through above immediate resistance zones on the Nifty while banks decide the next leg. Dips may stay buy-on-decline provided global cues remain benign and earnings commentary holds.
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