Nifty 50 Index Turns Positive, Gains 0.08% on October 17, 2025

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After opening mixed, India’s benchmark Nifty 50 index turned positive on October 17, 2025, rising 0.08%, reflecting cautious optimism amid mixed global cues and strong corporate earnings. The index’s modest gains come amid bullish momentum, supported by select sectoral strength and positive macroeconomic indicators.

The Nifty 50 index recovered from earlier losses to close 0.08% higher on October 17, 2025, signaling renewed investor confidence despite prevailing global uncertainties. The index’s movement reflects a careful balance between cautious risk appetite and underlying optimism driven by robust earnings from key companies and positive domestic economic data.

Key support came from frontline stocks across sectors such as consumer goods, financial services, and energy. Shares of Reliance Industries, Nestle India, and Axis Bank contributed notably to the upside. Market participants noted the ongoing earnings season as a critical factor influencing sentiment, with several large-cap companies delivering better-than-expected results.

Despite global headwinds — including weak US regional banks, tariff concerns, and geopolitical tensions — Indian markets maintained resilience. Analysts highlight the significance of recent technical breakouts above crucial resistance levels that set the stage for further upside potential in coming weeks.

Important Points:

Nifty 50 index closed up 0.08%, recovering from an early dip during the day.

Strong performances from Reliance Industries, Nestle India, Axis Bank, and other frontline stocks underpinned gains.

Earnings season progress and positive corporate updates boosted market sentiment.

Technical charts show breakout above resistance around 25,600-25,700 levels, signaling bullish momentum.

Global uncertainties from US banking sector stress and trade issues continued to temper enthusiasm.

Investors remain watchful of upcoming macroeconomic data and quarterly results.

Nifty’s short-term outlook remains positive with potential targets near 25,900 to 26,200 levels.

Festival season and domestic economic stability add to cautious optimism on Dalal Street.

Overall, the modest rebound in the Nifty highlights a market in wait-and-watch mode but one that remains fundamentally positive, well-positioned for potential upside as earnings and economic data evolve.

Sources: NSE India, Moneycontrol, Economic Times, Finex