Stock Market Update: Nifty 50 & Sensex close in green, by 0.71% & 0.70% respectively

The Indian stock markets traded in positive territory today. Nifty 50 opened at 25,181.95, reached a high of 25,365.15, and closed at 25,323.55, up by 0.71%. The BSE Sensex made an opening at 82,197.25 and reached a high of 82,727.02 and ended at 82,605.43, up by 0.70%.Reasons for the positive sentimentThe markets recovered due to several reasons:The Indian markets are optimistic about further rate cuts by the Fed.Weaker retail inflation raised expectations of RBI policy easing.Upbeat corporate earnings from stocks like Persistent Systems and ICICI Lombard.Nifty 50 Chart TodayClick to view the live NIFTY50 chartSensex Chart TodayClick to view live SENSEX chartMajor Indices Today IndicesLTPPrev closeChangeNifty 5025,323.5525,145.500.71%BSE Sensex82,605.4382,029.980.70%Next 5069,113.5568,207.851.46%Bank Nifty56,799.9056,496.450.54%Fin Nifty27,071.8026,828.300.91% Both the Nifty and Sensex closed in the green, led by the gains in IT and financial stocks.The Nifty Next 50 traded positively, driven by strong buying in the insurance, consumer, and PSU segments, supported by robust earnings and domestic inflows.The Bank Nifty and Fin Nifty gained as a result of the upward movement in banking stocks, such as RBL Bank, and the decline in domestic retail inflation created an expectation of easing policies by the RBI.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT35,401.8035,214.850.53%Nifty Auto26,708.6526,640.550.26%Nifty FMCG54,748.7054,213.750.99%Nifty Pharma22,057.3022,039.250.08%Nifty Healthcare14,699.5014,682.750.11%Nifty Oil & Gas11,431.4011,348.800.73% Nifty IT rose, supported by strong results from IT firms and a rally in Persistent Systems' share price.Nifty Auto increased on expectations of stronger sales during the Diwali festival.Nifty FMCG was on a rise today over preference by investors due to global uncertainty and volatile markets.Nifty Pharma gained from the gains in Cipla, Alkem Labs, Biocon, and Gland Pharma due to broader market sentiment and global generic medicines demand.The Nifty Oil & Gas index closed in green, supported by stocks like ONGC and BPCL on healthy refining margins.Market Movers TodayOla Electric Mobility's share price jumped by 5% to hit an upper circuit after the launch of its first non-vehicle product, Ola Shakti.RBL Bank shares rose by 4% after the bank became Emirates NBD's largest unit outside Dubai.SKF India shares dropped by 2% after the demerger of its automotive business from its industrial segment.The real estate stocks, namely, Sobha, Prestige Estate Projects, and Lodha developers, rose by about 4-6% amid expectations of further US Fed rate cuts later this year.Top Gainers Company NameLTPPrev CloseChangeICICI Lombard General Insurance2,020.301,854.808.92%Persistent Systems5,724.605,337.907.24%Prestige Estate Projects1,676.001,603.604.51%Vodafone Idea8.758.364.67%AU Small Finance Bank802.10772.653.81% Top Losers Company NameLTPPrev CloseChangeICICI Prudential Life Insurance588.00598.05-1.68%Oracle Financial Services8,757.008,950.00-2.16%Delhivery460.75469.35-1.83%IndusInd Bank740.10750.40-1.37%PB Fintech1,674.101,708.60-2.02% 52W High Stocks Company NameLTP52W highChangeBajaj Finance1,059.901,063.004.00%Eternal354.35355.901.90%L&T Finance271.55272.193.28%Tata Communications1,955.101,999.004.41%MCX9,541.009,617.001.53% 52W Low Stocks Company NameLTP52W lowChangeVedant Fashions676.75668.700.76%Godrej Agrovet652.95648.20-0.53%Tips Music501.65500.00-5.23%Symphony875.60865.60-0.03%Ion Exchange394.10384.501.18% High Volume Stocks Today Company NameLTPPrev CloseChangeYes Bank23.3223.320.00%Suzlon Energy53.7353.95-0.41%Vodafone Idea8.758.364.67%IREDA154.89154.520.24%Tata Motors390.85395.45-1.16% Nifty 50 HeatmapClick to view live NIFTY50 HeatmapSensex HeatmapClick to view live SENSEX HeatmapIPOsMidwest IPO opened today on the BSE and will close on October 17th. The price band is set at ₹ 1014-₹1065.Allotted todayCanara HSBC Life Insurance shares have been allotted today; investors can check their allotment status on the NSE and BSE.Market AnnouncementsICICI Lombard General Insurance shares rose by 8% after the company posted a consolidated net profit of ₹820 crore for Q2 FY26, up by 18% YoY.Thyrocare shares jumped by 17% after reporting a net profit of ₹48 crore for Q2FY26, up by 80% YoY.

Stock Market Update: Nifty 50 & Sensex close in green, by 0.71% & 0.70% respectively

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