Nifty 50 Extends Gains 0.52% Led by Oil & Gas and PSU Bank Sectors

On October 27, 2025, the Nifty 50 index extended its gains, closing approximately 0.52% higher. Key sectoral indices showed notable strength, with the Nifty Oil & Gas index rising 1.1%, led by buying momentum in companies such as ONGC, Reliance Industries, and GAIL. The Nifty PSU Bank index also advanced 1.1%, driven by improved investor sentiment toward government-owned banks.

The market rally reflects sustained inflows and optimistic views on sectors benefiting from stable crude prices and government policies favoring public sector banks. Analysts noted that the current market environment is conducive for selective sectoral rotations with Oil & Gas and PSU Banking emerging as outperformers.

Key Highlights:

Nifty 50 gained about 144.8 points, reaching 25,939.95.

Nifty Oil & Gas and PSU Bank indices up 1.1%, outperforming broader market.

Positive global cues and domestic factors buoy market sentiment.

Heavyweights from energy and banking sectors led gains.

Market momentum suggests potential continuation if key support levels hold.

Sources: Perplexity Finance Market Data, Moneycontrol, The Hindu Businessline, Economic Times.