Stock Market LIVE Highlights: Sensex Surges 420 Points, Nifty Close to 25,200; IT, Metal, Pharma Stocks Brighten Market

On October 9, Indian equity markets have shown a positive performance with the Nifty safely remaining over the 25,100 mark. The Sensex surged by approximately 350 points, which is an indication that there is increased investor confidence.

• Sensex closed at 82,107.17, up 333.52 points (+0.41%)
• Nifty closed at 25,158.55, up 112.40 points (+0.45%)

At 2 PM, the Sensex climbed 326.81 points to 82,100.47, while the Nifty gained 122.80 points, crossing the 25,150 mark to trade at 25,168.95. Market breadth was mixed with 1,735 stocks advancing, 1,999 declining, and 140 remaining unchanged.

Among volume shockers on the NSE, Themis Medicare surged 13.66% with volumes soaring over 10,000%, and Jindal PolyFilm rose 8.54% with a 13,000% volume spike. Jindal Poly Inv, ABSL SIL ETF, and Nipp Nifty SDL also saw unusual volume spikes, catching traders’ attention despite broader market volatility.

On Day 3 of bidding, the Anantam Highways Trust IPO has seen 42% subscription so far. Investors are showing cautious interest in the infrastructure investment trust (InvIT). 

Canara Robeco Asset Management Company IPO (Day 1, 11:42 AM):

• QIB: 0.00 times

• NII: 0.09 times

• Retail: 0.16 times

• Overall Subscription: 0.10 times

Rubicon Research IPO (Day 1, 11:39 AM):

• QIB: 0.00 times

• NII: 0.12 times

• Retail: 0.47 times

• Employee Reserved: 0.35 times

• Overall Subscription: 0.12 times

LG Electronics India IPO (Day 3, 11:33 AM):

• QIB: 2.73 times

• NII: 13.22 times

• Retail: 2.48 times

• Employee Reserved: 5.35 times

• Overall Subscription: 4.86 times

• FIIs were net buyers of Rs 81 crore in Indian equities on October 8.

• DIIs were net buyers of Rs 330 crore during the same session.

• DIIs bought shares worth Rs 11,733 crore and sold Rs 11,404 crore.

• FIIs purchased shares worth Rs 10,287 crore and sold Rs 10,206 crore.

• Year-to-date 2025, FIIs have withdrawn Rs 2.43 lakh crore from Indian markets.

• DIIs have invested Rs 5.84 lakh crore in Indian equities so far in 2025.

U.S. stocks closed higher on Wednesday, driven by strong gains in technology shares, despite ongoing concerns about the Federal Reserve’s interest rate outlook amid a government shutdown and limited economic data. The Nasdaq, powered by AI-focused megacaps, posted the largest percentage gain, helping both the Nasdaq and the S&P 500 reach all-time closing highs. Meanwhile, the Dow Jones Industrial Average ended nearly flat, slipping just 1.20 points to close at 46,601.78.

SoftBank shares surged 13% after the company agreed to acquire ABB’s robotics unit for $5.4 billion. In Asia, Japan’s Nikkei rose in early trade, South Korean markets remained closed for a holiday, and Hang Seng Bank shares jumped 30% following HSBC’s privatization bid. European stocks closed higher after the European Union proposed cutting tariff-free steel imports.

U.S. futures declined slightly following Wall Street’s record session. Gold surpassed the $4,000 mark, with silver also hitting record highs, while oil prices rose amid concerns over Russian output and increased U.S. demand. The Japanese yen weakened to its lowest level since February due to fiscal concerns, while the U.S. dollar strengthened amid the lack of economic data caused by the government shutdown. U.S. 10-year Treasury yields remained flat as Federal Reserve minutes revealed uncertainty regarding future rate cuts. Fed Chair Jerome Powell is scheduled to speak at a community bank conference, an event closely watched by investors.

On the geopolitical front, Hamas has agreed to release all 20 living hostages as part of a peace deal with Israel.

As of 07:30 IST, early trends from the GIFT Nifty indicate a positive start for Indian markets. The index showed a gain of 63.5 points or 0.25%, suggesting bullish sentiment ahead of the trading session. Nifty futures were seen trading near the 25,156 level, reflecting optimism among investors.

By 08:13 IST, the momentum continued with Nifty futures trading at 25,145, up 22 points, further reinforcing the likelihood of a strong market opening.

Traders will be watching early cues closely for confirmation of trend direction as the market opens at 09:15 IST.

• Indices Snap 4-Day Winning Streak:

  • Sensex fell 153.09 points (−0.19%) to close at 81,773.66

  • Nifty declined 62.15 points (−0.25%) to close at 25,046.15

• Broader Market:

  • BSE Midcap index down 0.7%

  • BSE Smallcap index down 0.4%

• Sectoral Performance:

  • Gainers:

    • IT (+1.5%)

    • Consumer Durables (+0.7%)

  • Losers:

    • Realty, Telecom, Pharma, Oil & Gas, Media, PSU Banks, Auto — all down between 0.3% to 2%

• Top Nifty Losers:

  • Tata Motors

  • UltraTech Cement

  • Jio Financial

  • ONGC

  • Trent

• Top Nifty Gainers:

  • Titan Company

  • Infosys

  • TCS

  • Tech Mahindra

  • Max Healthcare

• Market Mood:

  • Volatility returned amid broad-based selling pressure

  • Only select IT and consumer stocks provided support