Stock Market Update: Nifty and Sensex end in positive, up by 0.74% and 0.72%, respectively

The stock market today remained in the green. Nifty opened at 24,916.55, made a high of 25,095.95, and closed 0.74% up at 25,077.65. Sensex opened at 81,274.79, made a high of 81,846.42, and closed at 81,790.12, up by 0.72%.Reasons for the positive sentimentThe market was in the green due to several reasons:Investors are expecting higher consumer spending during the festive season and stronger corporate earnings.Positive cues in global markets, such as the European and U.S. Markets, are boosting investors' confidence.Major Indices Today IndicesLTPPrev closeChangeNifty 5025,077.6524,894.250.74%BSE Sensex81,790.1281,207.170.72%Next 5068,590.2568,355.900.34%Bank Nifty56,104.8555,589.250.93%Fin Nifty26,712.0526,426.751.08% Both Nifty 50 and Sensex traded higher, supported by gains in IT and banking stocks.The Bank Nifty traded higher ahead of strong loan growth from major banks, including HDFC Bank and Kotak Mahindra Bank.Sectoral Indices Today IndicesLTPPrev closeChangeNifty IT34,722.5033,949.752.28%Nifty Auto26,857.2026,753.100.39%Nifty FMCG55,057.6555,170.60-0.20%Nifty Pharma21,779.8521,756.350.11%Nifty Healthcare14,472.1014,287.201.29%Nifty Oil & Gas11,459.7011,347.000.75% Nifty IT stocks experienced gains after the recent correction, driven by expectations from corporate earnings.Nifty Auto gained on strong September sales data from Maruti Suzuki, Tata Motors, and Mahindra and Mahindra, as well as optimism over festive season demand.Nifty FMCG dropped due to rising inflation, packaging costs, and rising raw material prices.Nifty Pharma saw a slight gain after Eli Lilly announced its intention to invest over $1 billion in the production and availability of essential drugs for obesity, diabetes, Alzheimer’s, cancer, and other conditions.Nifty Oil & Gas saw a gain amid rising crude oil prices and geopolitical tensions.Market Movers TodayIT software stocks like LTIMindtree, TCS, Persistent Systems, and other stocks gained by about 2-3% ahead of strong expectations from Q2FY26 corporate earnings.Lupin's share price dropped by 1% after the USFDA issued a Form-483 with four observations for its Pithampur manufacturing unit.Vodafone Idea shares dropped by 4% after the Supreme Court deferred the AGR hearing to October 13th.Ceigall India shares rose by 2% after the company received two solar plant construction orders worth ₹1,309 crore from the Maharashtra State Electricity Distribution Company.Top Gainers Company NameLTPPrev CloseChangeFortis Healthcare1,053.90980.407.50%Nykaa255.34239.816.48%Delhivery462.60437.305.79%BSE2,217.902,093.405.95%One 97 Communications1,224.201,168.004.81% Top Losers Company NameLTPPrev CloseChangeSammaan Capital159.94165.03-3.08%Vodafone Idea8.478.82-3.97%Avenue Supermarts4,301.604,418.40-2.64%Jindal Steel1,055.901,076.50-1.91%Steel Authority of India132.62134.96-1.73% 52W High Stocks Company NameLTP52W highChangeBank of Baroda266.60272.051.00%Muthoot Finance3,227.703,235.001.90%Canara Bank126.76127.950.68%Indian Bank758.05773.60-1.03%Fortis Healthcare1,053.901,060.107.50% 52W Low Stocks Company NameLTP52W lowChangeTorrent Power1,200.001,188.00-1.73%Aditya Birla Real Estate1,568.701,562.60-3.12%Clean Science & Technology1,068.101,061.50-1.58%PDS311.50309.15-1.78%Genesys International Corporation491.10490.00-1.27% High Volume Stocks Today Company NameLTPPrev CloseChangeVodafone India8.478.82-3.97%Sammaan Capital159.94165.03-3.08%IDFC First Bank71.0969.042.97%Indian Oil Corporation 154.84150.392.96%Suzlon Energy54.1154.46-0.64% IPOsThe Tata Capital IPO opened today for subscription and will close on October 8th, with a price band set at ₹310-₹326, respectively.WeWork India Management IPO is open for subscription and will close on October 7th, with a price band set at ₹615-₹648.Allotment StatusAdvance Agrolife and Om Freight Forwarders shares allotted today. Investors can check the allotment status online through the websites of BSE and NSE.Listed TodayPace Digitek shares were listed at a 4% premium at ₹225 per share on the NSE and ₹226.85 on the BSE. The price band set was ₹208-₹215.Market AnnouncementsAvenue Supermarts shares dropped by 3% after Goldman Sachs maintained its rating to ‘Sell’ after the corporate earnings by the company for Q2FY26.Shares of FSN E-commerce ventures (Nykaa) rose by 6.25% after the company reported strong corporate earnings.

Stock Market Update: Nifty and Sensex end in positive, up by 0.74% and 0.72%, respectively

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