Market Update Today: Nifty down by 0.15%, Sensex by 0.16%
Indian markets opened lower on October 17, tracking weak global cues and concerns in the U.S. credit sector. However, strong domestic inflows kept sentiment stable.
On Friday, 17th October, Indian markets opened lower, with the NIFTY 50 trading at 25,546.85, down by 0.15%, and the SENSEX down by 0.16% at 83,331.78 in the pre-trading session.
Global cues
- The Asian markets traded in red, mimicking the U.S markets.
- The U.S. markets declined due to rising concerns in the credit industry.
Gift Nifty
- On October 17, 2025, the GIFT Nifty traded higher, backed by strong FII and DII inflows.
Asian Markets
- The Nikkei 225, Hang Seng, and Taiwan Index traded lower due to concerns about the banking sector and rising trade tensions.
- KOSPI continued to stay positive after the IMF raised its growth projection to 0.9%.
US & European Markets
- The Wall Street slipped after regional bank Zions Bancorporation dropped 13% following the unexpected loss on two loans in its California division, raising concerns about the U.S. credit market.
- The FTSE gained after the UK’s GDP grew by 0.1% MoM for August 2025.
- CAC traded higher on gains in the Healthcare, Consumer Services, and Utilities sectors.
- DAX closed higher on gains in the Technology, Chemicals, and Food & Beverage sectors.
Commodities
- Crude oil prices dropped after U.S. President Donald Trump’s statement on meeting Russian President Vladimir Putin in Hungary to discuss ending the war in Ukraine, reflecting uncertainty over global energy supplies.
- Precious metals, such as gold, gained amid fears about credit quality in the US economy, making these safe-haven assets more attractive. India is likely to see demand for the yellow metal ahead of Diwali and Dhanteras 2025. You can also explore more on gold price trends and Shubh Muhurat for Dhanteras 2025 to understand how the festive season could influence gold investments this year.
- Natural gas prices dropped after a warmer-than-expected US weather forecast, which is expected to reduce demand for natural gas.
Currency Movements
- The Dollar index weakened amid rising trade concerns and a government shutdown.
- The rupee appreciated against the dollar on strong FII inflows and a weaker dollar index.
- The pound strengthened following the UK’s 0.1% rise in GDP, while the euro weakened against the rupee due to the IMF's weaker Eurozone growth outlook of 1.1%.
Sectors to watch
- Jewellery: Rising gold prices amid global uncertainties and the upcoming festive season make the jewellery segment a key sector to watch.
- IT: The IT sector will remain in focus on increasing adoption of AI, cloud, and digital services across global markets, which will likely increase demand for software services and international outsourcing.
- Oil and Gas: The global oil and gas prices are likely to impact the Indian Oil and Gas sector, making it a key sector to look out for.
Stocks to watch
- Godrej Industries: Godrej Industries made further investments in its subsidiary Godrej Capital of ₹409 crore.
- BEML: BEML entered into an MoU with Kineco for partnering in the field of advanced composite manufacturing for aerospace and defence applications.
- JSW Energy: JSW Energy (Utkal), the company’s subsidiary, received LoA from Power Company of Karnataka for a 400 MW, 25-year power supply agreement, starting from April 1, 2026.
- Sanofi Consumer Health India: Sanofi Consumer Health India appointed Richard D’souza as the new Chief Financial Officer.
FII and DII Inflows - 16th Oct 2025
(The above numbers are in ₹ Cr)
- On 16th October, the net inflows were ₹ 5,074.1 crore. Both FIIs and DIIs stood as net buyers driven by the upcoming festive season and strong macroeconomic outlook.
Global Events & Updates
- On October 16, the Eurozone will be releasing its Inflation rate data.
- South Korea’s Export and Import data will be out today.
- India is set to release its Bank Loan and Deposit growth data.
Things to look out for
- The UK’s industrial production rose by 0.4% YoY in August 2025.
- Japan’s tertiary index dropped by 0.4% in August.
References:
- Wall Street drops as Zions sparks worries about regional banks
- UK Bonds on Winning Streak as Rate-Cut Bets Firm
- France stocks higher at close of trade; CAC 40 up 1.38%
- Germany shares higher at close of trade; DAX up 0.38%
- Oil drops 1%, settles at 5-month lows as Trump-Putin summit looms
- IMF raises global growth forecast to 3.2% for 2025
- Stocks to Watch Today: Canara HSBC Life, Infosys, Vikram Solar, Wipro, Jio Financial, Sunteck Realty, Biocon, JSW Energy, BEML, LTIMindtree in focus on 17 October












