More Stories

Informist, Friday, Oct. 3, 2025

 

By Simran Rede

 

MUMBAI – The Indian equity market recovered from its intraday losses in the final hour of trade as investors covered short positions in the Nifty 50, analysts said. Both the benchmark indices closed higher for the second session, though with meagre gains as the market awaits fresh triggers for a decisive move, they said.

 

On Friday, the Nifty 50 closed 0.2% higher at 24894.25 points, up 57.95 points. The BSE Sensex ended 0.3% higher at 81207.17 points, up 223.86 points. The 50-stock index had fallen over 3% in the eight-day streak of decline till Tuesday, while it rose just 1% over the last two days. India VIX, the market's fear gauge, fell 2.2% to 10.0600, giving traders comfort. The index fell for the fourth straight session.

 

Despite starting the week on a negative note, the Nifty 50 closed the week higher, compared to a fall in the previous week. On Friday, the 50-stock index found support at around 24700 levels and resistance at 24900 levels. Both Indian headline indices underperformed most global indices Friday.

 

Most metal stocks ended the session higher, with the Nifty Metal index closing up 1.8%, the top gainer among sectoral indices. The index closed higher for the fourth straight session. Optimism about a potential rate cut in October by the US Federal Reserve, a weakening dollar, and stable base metal prices drove the rally in metal stocks, Vinod Nair, head of research at Geojit Investments, said in a note. The sector's strong performance was supported by multiple factors such as a weaker US dollar index, an improved demand outlook, and China's move to curb steel production, analysts said.

 

Most steel stocks rose Friday with Tata Steel and Hindalco Industries being the top gainers in the Nifty 50, ending the session up 3.4% and 1.9%, respectively. Analysts say the proposed tariff hikes by the European Union on steel imports will not have much of an impact on major steel companies, including Tata Steel and JSW Steel. Earlier, media reports had said the European Union plans to hike tariffs on steel imports to 50% and cap the volume of steel that can be imported to the bloc before the higher rate comes into effect.  

 

The Nifty PSU Bank, Nifty Private Bank, Nifty Bank, and Nifty Financial Services ended in positive territory, closing 0.2-1.1% higher. Despite weak sentiment in the market due to US tariffs and tightened H1-B visa regulations. The Nifty PSU Bank index surged 11.4% in September, fuelled by higher credit growth and festival season demand, IDBI Capital Equity Research said. The Reserve Bank of India's measures to widen banks' scope for lending may help stop the "slow decline in wholesale growth", Emkay Global Financial Services said in a strategy report. However, the brokerage does not feel these measures will lead to a sharp rise in corporate lending. The brokerage expects wholesale or corporate loan growth to improve slightly to 10% in 2026-27 (Apr-Mar) from 8-9% expected growth in FY26. 

 

Aegis Logistics rose almost 12% amid a spike in trading volumes. The stock was the top gainer in the Nifty 500 and closed higher for the third straight session.  

 

Tata Investment Corp. was the worst hit in the Nifty 500 index, closing 5.5% lower. The stock had risen to a record high of INR 11,847 earlier in the day. It had been rising for the four previous sessions, touching fresh record highs. Analysts believe the rise is due to the company's announcement of a 10-for-1 stock split, with Oct. 14 as the record date. Tata Capital is set to come up with an initial public offering of around INR 155 billion, according to media reports.

 

Sammaan Capital fell nearly 3% and was among the worst performers in the Nifty 500. The stock had risen nearly 26% over the past six sessions in anticipation of investment in the company, analysts said. Hence, investors likely booked profits on Friday, they said. Max Healthcare Institute fell 4% and was the worst-hit Nifty 50 constituent. The stock fell for the second day after it was included in the Nifty 50 index. 

 

Union Bank of India fell nearly 1% and snapped a three-day winning streak after the bank's global credit and deposits grew only 2-5% on year as of Sept. 30, much slower than 9-10% a year ago. 

 

TruAlt Bioenergy rose over 7% from the issue price of INR 496 to end at INR 530.95 on the NSE, after listing at INR 545.40, a 10% premium to the issue price. Jinkushal Industries ended 0.6% higher from the issue price of INR 121 to end the day at INR 121.66, after listing at INR 125 on the NSE, implying over 3% premium to the issue price of INR 121.

 

* Of the Nifty 50 stocks, 20 rose and 30 fell
* Of the Sensex stocks, 15 rose and 15 fell

* On the NSE, 2,140 stocks rose, 960 fell, and 85 were unchanged

* On the BSE, 2,626 stocks rose, 1,568 fell, and 135 were unchanged

* Nifty India Defence: up 2%; Nifty Metal: up 1.8%; Nifty Healthcare: down 0.2%

---

BSE                                               NSE

Sensex: 81207.17, up 223.86 points or 0.3%        Nifty 50: 24894.25, up 57.95 points or 0.2%

---

S&P BSE Sensitive Index	Nifty 50
Lifetime High: 85978.25 (Sept. 27, 2024)	: Lifetime High: 26277.35 (Sept. 27, 2024)
Record Close High: 85836.12 (Sept. 26, 2024)	: Record Close High: 26216.05 (Sept. 26, 2024)
2025 1st day close: 78507.41 (Jan. 1)	: 2025 1st day close: 23742.90 (Jan. 1)
2025 Closing High: 84058.90 (Jun. 27)	: 2025 Closing High: 25637.80 (Jun. 27)
2025 Closing Low: 72989.93 (Mar. 4)	: 2025 Closing Low: 22082.65 (Mar. 4)
2025 High (intraday): 84099.53 (Jun. 30)	: 2025 High (intraday): 25669.35 (Jun. 30)
2025 Low (intraday): 71425.01 (Apr. 7)	: 2025 Low (intraday): 21743.65 (Apr. 7)
2024 1st day close: 72271.94 (Jan. 1)	: 2024 1st day close: 21741.90 (Jan. 1)
2024 Closing High: 85836.12 (Sept. 26)	: 2024 Closing High: 26216.05 (Sept. 26)
2024 Closing Low: 70370.55 (Jan. 23)	: 2024 Closing Low: 21238.80 (Jan. 23)
2024 High (intraday): 85978.25 (Sep. 27)	: 2024 High (intraday): 26277.35 (Sept. 27)
2024 Low (intraday): 70001.60 (Jan. 24)	: 2024 Low (intraday): 21137.20 (Jan. 24)
2023 1st day close: 61167.79 (Jan. 2)	: 2023 1st day close: 18197.45 (Jan. 2)
2023 Closing High: 72410.38 (Dec. 28)	: 2023 Closing High: 21778.70 (Dec. 28)
2023 Closing Low: 59288.35 (Feb. 27)	: 2023 Closing Low: 17311.80 (Oct. 17)
2023 High (intraday): 72484.34 (Dec. 28)	: 2023 High (intraday): 21801.45 (Dec. 28)
2023 Low (intraday): 58699.20 (Jan. 30)	: 2023 Low (intraday): 17098.55 (Jan. 17)
2022 1st day close: 59183.22 (Jan. 3)	: 2022 1st day close: 17625.70 (Jan. 3)
2022 Closing High: 63284.19 (Dec. 1)	: 2022 Closing High: 18812.50 (Dec. 1)
2022 Closing Low: 51360.42 (Jun. 17)	: 2022 Closing Low: 15293.50 (Jun. 17)
2022 High (intraday): 63583.07 (Dec. 1)	: 2022 High (intraday): 18887.60 (Dec. 1)
2022 Low (intraday): 50921.22 (Jun. 17)	: 2022 Low (intraday): 15183.40 (Jun. 17)
2021 Closing High: 61305.95 (Oct. 14)	: 2021 Closing High: 18338.55 (Oct. 14)
2021 Closing Low: 46285.77 (Jan. 29)	: 2021 Closing Low: 13634.60 (Jan. 29)
2021 High (intraday): 61353.25 (Oct. 14)	: 2021 High (intraday): 18350.75 (Oct. 14)
2021 Low (intraday): 46160.46 (Jan. 29)	: 2021 Low (intraday): 13596.75 (Jan. 29)
2020 Closing High: 47751.33 (Dec. 31)	: 2020 Closing High: 13981.95 (Dec. 30)
2020 Closing Low: 25981.24 (Mar. 23)	: 2020 Closing Low: 7610.25 (Mar. 23)
2020 High (intraday): 47896.97 (Dec. 31)	: 2020 High (intraday): 14024.85 (Dec. 31)
2020 Low (intraday): 25638.90 (Mar. 24)	: 2020 Low (intraday): 7511.10 (Mar. 24)
2019 High (intraday): 41809.96 (Dec. 20)	: 2019 High (intraday): 12293.90 (Dec. 20)
2019 Low (intraday): 35287.16 (Feb. 19)	: 2019 Low (intraday): 10583.65 (Jan. 29)
2018 High (intraday): 38938.91(Aug. 28))	: 2018 High(intraday): 11760.20 (Aug. 28)
2018 Low (intraday): 32483.8 (Mar. 23)	: 2018 Low (intraday): 9951.9 (Mar. 23)
2017 High (intraday): 34005.37 (Dec. 26)	: 2017 High(intraday): 10515.10 (Dec. 26)

 

 

End

 

Edited by Avishek Dutta

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.