Markets close in green today: Nifty 50 up by 1.03%, Sensex by 1.04%

The Indian stock markets continued to witness a rally. The Nifty 50 started the day at 25,394.90, reached a high of 25,625.40, and closed at 25,585.30, up by 1.03%. Similarly, the BSE Sensex opened at 82,794.79 and reached a high of 83,615.48, then ended at 83,467.66, up 1.04%.Reasons for the positive sentimentThe markets recovered due to several reasons:A stronger rupee and a favourable macroeconomic outlook, in hopes of a possible trade deal between India and the U.S.Strong domestic and foreign inflows, ahead of the upcoming festive season.Positive Asian market cues. Nifty 50 Chart TodaySensex Chart TodayMajor Indices Today IndicesLTPPrev closeChangeNifty 5025,585.3025,323.551.03%BSE Sensex83,467.6682,605.431.04%Next 5069,453.2069,113.550.49%Bank Nifty57,422.5556,799.901.10%Fin Nifty27,381.2027,071.801.14% Both the Nifty and Sensex closed in the green, led by gains in Banking, Auto, FMCG and Oil & Gas.The Nifty Next 50 traded positively, driven by strong buying in consumer durables, real estate, and automobile stocks.The Bank Nifty and Fin Nifty gained on upbeat Q2 earnings from banking and finance stocks, such as Axis Bank, HDFC Bank, ICICI Bank, and Bajaj Finance.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT35,531.0535,401.800.37%Nifty Auto27,048.7526,708.651.27%Nifty FMCG55,853.9054,748.702.02%Nifty Pharma22,103.2022,057.300.21%Nifty Healthcare14,755.2014,699.500.38%Nifty Oil & Gas11,493.6011,431.400.54% Nifty IT rose, supported by a strong rally in global tech stocks and gains in large-cap IT stocks.Nifty Auto gained on increased demand expectations during the Diwali festival and expectations of strong Q2 results, driven by robust volumes and the implementation of GST reforms.Nifty FMCG gained on better-than-expected corporate earnings from Nestle India, which led to a 4% increase in its share price and a positive sentiment in the overall market.Nifty Pharma gave modest gains as the sector reflects investors’ sentiments towards individual companies and market conditions. The Nifty Oil & Gas index closed in the green, as investors maintained a positive sentiment towards energy stocks, driven by rising global oil prices.Market Movers TodayEternal's share price rose by 2% ahead of Q2 results as investors anticipated robust topline growth led by Blinkit’s quick commerce business for Q2.HDFC AMC shares rose by 3% after positive brokerage notes on Q2 earnings.BLS International shares rose by 8% after the company won a contract to set up and operate Indian visa application centres in China.The defence company stocks, namely, MTAR Technologies, BEML, Hindustan Aeronautics Ltd (HAL), Garden Reach Shipbuilders & Engineers and Mazagon Dock Shipbuilders, rose by about 3-4% on reports that the Government is likely to boost defence funding this year.Top Gainers Company NameLTPPrev CloseChangeOberoi Realty1,687.101,601.405.35%Nestle India1,276.601,221.404.52%Varun Beverages461.30445.353.58%SRF3,190.003,088.603.28%Godrej Properties2,205.302,135.603.26% Top Losers Company NameLTPPrev CloseChangeKEI Industries4,172.604,420.60-5.61%Max Financial Services1,552.401,609.10-3.52%Delhivery446.80460.75-3.03%HDFC Life Insurance742.85761.15-2.40%Oil India417.25423.05-1.37% 52W High Stocks Company NameLTP52W highChangeState Bank of India886.95891.850.10%Bajaj Finance1,065.751,081.100.55%Eternal347.85368.45-1.83%Nestle1,276.601,286.504.52%TVS Motors3,576.503,629.700.04% 52W Low Stocks Company NameLTP52W lowChangeSundaram Finance Holdings645.75639.15-5.63%KNR Constructions185.93183.200.04%Pokarna767.65699.958.96%Zee Media Corporation10.3210.26-3.73%Sarveshwar Foods5.185.16-3.72% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone Idea8.858.751.14%Suzlon Energy53.6153.73-0.22%Yes Bank23.1223.32-0.86%RBL Bank306.75299.552.40%Tata Motors396.80390.851.52% IPOsMidwest IPO is open on the BSE and will close on October 17th. The price band is set at ₹1014-₹1065.Listed todayCanara Robeco shares are listed at a 5.36% premium with a share price at ₹280.25 on NSE and BSE. The price band set was ₹253 to ₹266 per share.Rubicon Research shares made a strong debut, with a 27.84% premium, at a share price of ₹620 on the NSE and ₹620.10 on BSE. The price band set was ₹461 to ₹485 per share.Market AnnouncementsNestle India shares rose by 4% after the company posted revenue from operations at ₹5,643.6 crore for Q2 FY26, up by 10.6% YoY.Axis Bank shares jumped by 4% after the bank reported improved asset quality in its Q2 earnings. References:Q2 results preview: Robust volumes likely drove auto sector growthEternal shares rise 2%, hit record high ahead of Q2 earnings; quick commerce to lead growth, say expertsHDFC AMC shares hit record high on positive brokerage notes post Q2 results: Should you buy, sell or hold?BLS International shares rise 8% as firm wins MEA contract to set up, operate visa application centres in ChinaMTAR Tech, BEML, HAL rise up to 4% on report of govt's plan to boost defence spending in FY26Nestle India share price rises 4% after Q2 results beat estimates, top Nifty gainerAxis Bank Q2 results propel Bank Nifty past 57,200; analysts say 57,500 is next resistance

Markets close in green today: Nifty 50 up by 1.03%, Sensex by 1.04%

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