The Indian stock market extended its winning streak on Diwali day, with the Sensex gaining 411 points to settle at 84,363 and the Nifty rising 133 points to close at 25,843. Strong quarterly earnings from Reliance Industries, sustained foreign inflows, and festive optimism fueled the bullish momentum.
In a remarkable display of festive cheer and investor confidence, the Indian stock markets closed higher for the fourth consecutive session on Diwali, October 20, 2025. The benchmark BSE Sensex surged 411.18 points (0.49%) to settle at 84,363.37, while the NSE Nifty 50 index climbed 133.30 points (0.52%) to finish at 25,843.15 — both indices reflecting sustained optimism backed by strong corporate earnings and positive global cues.
Key Highlights
Reliance Industries led the charge, rallying over 3.5% after reporting a robust 9.6% year-on-year net profit increase in Q2, supported by growth in retail, telecom, and core oil-to-chemicals segments.
Other major gainers included Bajaj Finserv, Axis Bank, State Bank of India, Tata Consultancy Services, Titan, and Bharti Airtel, demonstrating broad sectoral strength.
The rally was partly tempered by profit booking in ICICI Bank, Mahindra & Mahindra, and Adani Ports, but broader market indices remained firm with mid-caps up by 0.8% and small-caps gaining 0.5%.
Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) maintained buying momentum, injecting over ₹1,835 crore combined on Friday, signaling sustained interest from large investors despite global uncertainties.
Analysts highlighted that Nifty’s breakout beyond 25,660 to hold for two sessions has established a solid support base, with the next resistance zone projected around 26,000 to 26,300.
The market’s festive momentum was buoyed by easing global trade tensions, improved corporate earnings, and optimism ahead of Tuesday’s special Maha Muhurat trading session, designed to invoke auspicious trading sentiments.
The performance underscores growing investor appetite for blue-chip stocks and financials, especially PSU banks, which led sectoral gains with the Nifty PSU Bank index surging nearly 3%.
The Diwali-day rally reinforces confidence in India’s growth story, marked by resilient corporate performance and steady foreign inflows, setting an optimistic tone for the final quarter of FY26.
Sources: The Telegraph India, Times of India, Economic Times, Free Press Journal, Moneycontrol