The Nifty 50 index rose 0.75%, extending gains for a third consecutive session amid healthy domestic inflows and strong earnings, especially in banking. Despite global uncertainties, Indian markets showed resilience and optimism, trading near year highs with a positive outlook driven by corporate results and technical breakout signals.
India’s benchmark Nifty 50 index continued its gaining streak on October 17, 2025, 12;25 IST, rising by 0.75% (approximately 187.55 points) to close around the 25,772 mark. The sustained rally reflects growing investor confidence propelled by strong domestic inflows and robust corporate earnings, particularly in the banking and financial sectors.
Key Highlights:
Market Movement: Nifty 50 maintained an upward trajectory for the third consecutive session, reaching a near-year high of 25,779 during intraday trading.
Sectoral Performance: The rally was led by the banking sector, with Nifty Bank index hitting new all-time highs, driven by strong gains in IndusInd Bank, HDFC Bank, ICICI Bank, and SBI.
Influential Stocks: Other key contributors included Reliance Industries, Asian Paints, and Bajaj Finserv, which supported overall market gains.
Volume Trends: Trading volumes witnessed healthy activity, reflecting strong investor participation amid the positive market sentiment.
Earnings Impact: Optimism around Q2 earnings, especially from the banking and IT sectors, added to the bullish momentum.
Global Cues: Despite concern over weakening global markets and the U.S. banking sector’s fragility, domestic markets remained resilient due to robust economic growth indicators and easing inflationary pressures.
Technical Analysis: Market experts note the breakout above critical resistance levels (25,400-25,500) signaling further upside potential toward the 26,000 mark if momentum sustains.
Currency Stability: The Indian Rupee opened higher against the dollar, benefiting from positive capital inflows and improving macroeconomic data.
Risks to Monitor: Analysts caution over global geopolitical uncertainties and export restrictions on critical raw materials by China that might affect supply chains.
Investor Outlook: The market’s ongoing strength ahead of major corporate earnings announcements and key festival-season buying is expected to sustain a positive trend with cautious optimism.
The market’s performance highlights the resilience of India’s equity markets in the face of evolving global economic challenges, underpinned by strong domestic fundamentals and selective sectoral strengths.
Sources: NSE India, Economic Times, Moneycontrol, CNBC-TV18, The Hindu Businessline