India’s benchmark Nifty 50 index extended gains for the fourth consecutive day on October 16, 2025, rising 0.5%, fueled by optimism over anticipated US Federal Reserve rate cuts and robust Indian corporate earnings. Broad-based buying led sectors including banking, metals, and realty to outshine defensive stocks.
The Nifty 50 index continued its upward trajectory on October 16, 2025, adding 0.5% as investors embraced favorable global cues and solid domestic fundamentals. This positive momentum reflects a growing risk appetite driven by expectations of US Federal Reserve easing and a strong start to the Indian earnings season.
The Sensex also mirrored this strength, climbing 575 points or 0.7%, settling above 82,600. The Nifty reclaimed the key 25,300 level, supported by healthy breadth as most sectoral indices finished in the green except for a few defensive pockets like FMCG and pharma.
Sectoral highlights showed prominent gains in Realty (+3%), Banking (+1.5%), and Metals (+1-2%), driven by strong quarterly results and upbeat outlooks. Private banks and infrastructure companies led the charge, while IT stocks showed mixed responses.
Technically, analysts point out that Nifty is poised to challenge resistance near 25,450–25,670. Sustaining above the 25,150 support zone remains critical for maintaining the bullish momentum. Market experts recommend a “buy on dips” strategy to capitalize on this rally phase.
Global markets also contributed positively. Wall Street ended mixed but with key banking stocks rallying, while Asian markets gained following upbeat regional data. The rupee’s recovery against the dollar further boosted sentiment.
Key Highlights:
Nifty 50 index rose 0.5%, extending a four-day winning streak.
Sensex climbed 575 points, buoyed by broad-based buying.
Optimism fueled by expected US Fed rate cuts and strong earnings.
Realty, banking, and metals sectors led gains; FMCG and pharma lagged.
Technical outlook suggests a challenge to resistance at 25,450–25,670.
Support levels at 25,150 critical for sustained bullish sentiment.
Market breadth positive with most sectors in green.
Global sentiment aided by US banking rallies and Asian market gains.
Rupee recovery adds to domestic market confidence.
Analysts suggest buying on dips amid stable macroeconomic scenario.
The steady rally reflects investors’ appetite for growth amid easing monetary policies and improving corporate performance, setting a positive tone for the near future.
Sources: Moneycontrol, Economic Times, CNBC TV18, Times of India