India's benchmark Nifty 50 index slipped 0.25% to close at 25,046 amid cautious investor sentiment before the Q2 earnings season. Profit booking in realty, auto, and media sectors weighed on the markets, while IT and consumer durable stocks saw selective buying, signaling a mixed market mood.
On October 8, 2025, the Nifty 50 index ended the trading session down by 62.15 points or 0.25%, settling at 25,046.15. This marked a pause after a four-day winning streak as investors practiced caution ahead of the anticipated Q2 earnings reports starting with Tata Consultancy Services.
The S&P BSE Sensex also reflected this cautious mood, dropping 153.09 points or 0.19% to close at 81,773.66. Market breadth was negative, with significantly more decliners than gainers across both NSE and BSE.
Profit booking was most evident in the real estate, media, and automobile sectors. Key losers included Tata Motors (-2.54%), Mahindra & Mahindra (-1.94%), and Jio Financial Services (-1.69%). UltraTech Cement and Bharat Electronics also weighed on sentiment, closing in negative territory.
However, IT stocks remained a bright spot as Infosys gained 2.3%, Tata Consultancy Services rose 1.9%, and HCL Technologies saw healthy buying interest. Titan Company was among the top gainers, buoyed by strong quarterly results, rising over 4%.
The India VIX, a measure of market volatility, increased 2.76% to 10.33, indicating slightly heightened nervousness among investors. Globally, Asian markets were subdued with Japan's Nikkei and Hong Kong's Hang Seng closing lower, while European markets traded positively.
Notable Updates:
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Nifty 50 slipped 0.25% to 25,046, breaking a four-day rally amidst cautious trading.
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Sensex closed down 153 points at 81,773 due to profit booking in heavyweight stocks.
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Real estate, auto, and media sectors faced significant selling pressure.
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IT and consumer durables sectors were resilient, led by gains in TCS, Infosys, and Titan.
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Market breadth favored decliners substantially over advancers.
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India VIX climbed, reflecting increased market volatility.
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Investors await Q2 earnings, expected to drive near-term market direction.
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Global markets showed mixed trends with muted Asian sessions and positive European closes.
Investors are advised to track sector-specific earnings closely as they could pave the way for renewed momentum or further caution in India’s equity markets.
Sources: Investing.com, ICICI Direct, Times of India, Business Standard, The Hindu Business Line, MarketWatch