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Informist, Friday, Oct. 17, 2025

 

By Gopika Balasubramanium

 

MUMBAI – India's headline indices Friday ended at a 12-month high. Week-on-week, they rose nearly 2% on improvement in second quarter earnings, rate cut expectations, a strong rupee, and falling crude oil prices, analysts said. Inflows from foreign investors also gave some push to the market, analysts said. However, selling in shares of information technology services companies saw the Nifty IT take the worst beating among sector indices.

 

The Nifty 50 rose 124.55 points or 0.5% to close at 25709.85 points, a level last seen on Oct. 1, 2024. The index is now just 567 points away from the record high of 26277.35 points it hit in September last year. Rise in index heavyweights ICICI Bank, Reliance Industries, and HDFC Bank limited the impact of fall in IT stocks on the Nifty 50. The BSE Sensex closed at 83952.19 points, up 484.53 or 0.6%. 

 

"The market has continued its upward momentum... largely driven by consumption-oriented stocks, anticipating improved volume growth," Vinod Nair, head of research at Geojit Investments Ltd., said. "Inline earnings from banks and signs of easing asset quality stress have bolstered overall industry optimism," he added.

 

Broader market indices underperformed the benchmark indices, with most of them closing in the red. The Nifty Midcap 50 closed 0.6% lower and the Nifty Smallcap 250 closed 0.2% higher. Between small- and mid-cap indices, the former fared better.  

 

Investors sold shares of information technology stocks on concerns about delay in recovery of demand for IT services and likely fall in margins due to global trade uncertainties. Wipro fell to a near-three-week low of INR 239.11 during the session and closed 5% lower at INR 240.90. Brokerages expect the margins of Wipro to face some pressure due to ramp-up in large deals and initial investments in such deals. "On the margins front, we expect the incremental ramp up of large deals will require upfront investments, while furlough impact in H2 (Oct-Mar) would provide lesser margin headroom," PL Capital said in a report. Other large-cap IT majors such as Infosys, HCL Technologies, Tech Mahindra, and Tata Consultancy Services closed 0.3-2.1% lower. The Nifty IT closed at 34950.70 points, down 1.6%.

 

Consumer-facing facing companies such as ITC, Hindustan Unilever, and Tata Consumer Products gained 1.5-1.7%. Nestle India extended gains for the third session and ended 1% higher following robust September quarter earnings. The company clocked highest-ever revenue growth since its establishment in India primarily due to strong volume-led double-digit growth in three of its four product groups. "Ahead, raw material prices are likely to stabilize; GST benefit will help demand, with the possibility of double-digit growth sustaining," Emkay Global Financial Services said in a post-earnings report.

 

Asian Paints closed 4% higher. The stock was up for the third straight session, rising 8% in this period. Mahindra & Mahindra and Max Healthcare Institute closed over 2?ch. On the other hand, Eternal closed 1.5% lower at INR 342.65 following a 63% on-year fall in the company's net profit for the September quarter. However, brokerages remain bullish on Eternal's growth plans and largely ignored the company's miss on margins. They expect the company's quick commerce business to continue growing its net order value even as margins may be affected in the near term.

 

Canara HSBC Life Insurance Co. closed 5.1% higher at INR 111.42 on its debut day. The stock had listed at INR 106 on both the exchange, same as its issue price. Over 63.16 million shares of the company changed hands on the National Stock Exchange.

 

* Of the Nifty 50 stocks, 30 rose and 20 fell
* Of the Sensex stocks, 17 rose and 13 fell

* On the NSE, 1,200 stocks rose, 1,871 fell, and 90 were unchanged

* On the BSE, 1,737 stocks rose, 2,425 fell, and 164 were unchanged

* Nifty FMCG: up 1.4%; Nifty Healthcare: up 0.8%; Nifty IT: down 1.6%

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BSE                                                NSE

Sensex: 83952.19, up 484.53 points or 0.6%         Nifty 50: 25709.85, up 124.55 points or 0.5%

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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: 25709.85 (Oct. 17)
2025 Closing Low: 72989.93 (Mar. 4)	: 2025 Closing Low: 22082.65 (Mar. 4)
2025 High (intraday): 84172.24 (Oct. 17)	: 2025 High (intraday): 25781.50 (Oct. 17)
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)

 

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End

 

Edited by Ashish Shirke

 

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