Headline Indices
| Index | Close | Chg | % |
|---|---|---|---|
| Nifty 50 | 24,894.25 | +57.95 | +0.23% |
| Sensex | 81,207.17 | +223.86 | +0.28% |
Nifty and Sensex posted a second straight gain, led by banks, metals and consumer names; India VIX eased ~1.6%, signaling stable sentiment.
Sectoral Performance (NSE)
| Top Gainers | % | Laggards | % |
|---|---|---|---|
| Nifty Metal | +1.8 | Nifty Healthcare | −0.22 |
| Nifty PSU Bank | +1.12 | Nifty Realty | −0.12 |
| Nifty Consumer Durables | +1.09 | Nifty Auto | −0.06 |
(14 of 17 sectoral indices closed higher.)
Nifty 50 – Top Movers
| Gainers | Move | Losers | Move |
|---|---|---|---|
| Tata Steel | ↑ | Max Healthcare | ↓ |
| Power Grid | ↑ | Eicher Motors | ↓ |
| Kotak Mahindra Bank | ↑ | Coal India | ↓ |
| Axis Bank | ↑ | Tech Mahindra | ↓ |
| Larsen & Toubro (L&T) | ↑ | Maruti Suzuki | ↓ |
Key Market Stats
- Breadth (Nifty): 26 adv / 24 dec.
- Volatility: India VIX −1.6% (cooling).
- FX: INR closed ~₹88.77 per USD, near record-weak levels; RBI intervention talk persisted.
- Commodities: Brent ~$64.5, WTI ~$60.9 (both up ~0.6% intraday).
What Moved the Market (Today’s Drivers)
- Banking + PSU trade: Follow-through after RBI’s recent easing around lending norms kept financials bid; PSU banks outperformed.
- Metals strength: Global risk-on and firmer metals supported Nifty Metal.
- Lower volatility: Softer VIX aided a buy-the-dip tone.
Global Cues (Snapshot)
- Asia: Mostly green; Nikkei +1.8%; Shanghai +0.5%; STI +0.4%; Hang Seng −0.5%.
- Europe (late trade): Mixed to positive; DAX/CAC up, FTSE softer.
- Energy: Oil ticked up after a multi-day slide; weekly trend still soft.
Corporate Updates & Stocks to Watch
- Axis Bank: Positive brokerage commentary (Overweight; raised TP) kept private banks firm.
- PC Jeweller: Jumped on strong Q2 update; monitor jewellery names for momentum.
- WeWork India: Filed for ₹3,000 crore IPO; could keep REIT/commercial real-estate ecosystem in focus.
- Broad-market movers: Atlantaa, V2 Retail, Baazar Style Retail were active on company-specific news—momentum traders take note.
Technical View & Levels (for Next Session)
Nifty 50
- Immediate support: 24,750 (near 100-DMA zone; saw responsive buying).
- Pivot support: 24,800 (heavy Put OI base).
- Resistance: 25,000–25,100 (OI ceiling / supply zone).
- Bias: Mildly bullish to range-bound; buy-on-dips favored above 24,750.
Bank Nifty (context)
- Banks extended rebound; look for leadership from private lenders; PSU banks overextended in the very short term—expect rotations.
Trade Setup – Tomorrow (Mon, 6 Oct 2025)
- Expected Tone: Constructive/range-positive. Dips towards 24,800–24,750 likely to attract buying; momentum unlocks only on a decisive 25,000–25,100 breakout.
- Focus Sectors: Metals, select private banks, consumer/consumer-durables; avoid overbought pockets in healthcare/realty until bases rebuild.
- Key Watch-items: USD/INR near record zone (any RBI action), crude tone, FPI flows; global indices’ risk appetite.
“At a glance” cheat sheet
- Market mood: Calm and mildly risk-on
- Leaders: Metals, PSU Banks, Consumer Durables
- Laggards: Healthcare, Realty, Auto (flat-to-soft)
- Trigger levels (Nifty): S: 24,800 / 24,750 | R: 25,000 / 25,100
- Style: Buy dips; fade spikes into 25,000–25,100 unless breadth expands.
