The Indian stock market concluded the week on a positive note, with benchmark indices closing higher for the second consecutive session on Friday. Gains in metal, PSU bank, and capital goods stocks helped the market maintain its upward momentum, though the overall sentiment remained cautious.
The S&P BSE Sensex gained 223.86 points (0.28%) to close at 81,207.17. The NSE Nifty 50 also rose 57.95 points (0.23%) to end the week at 24,894.25.
Key Market Highlights
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Sensex: Closed at 81,207.17, up by 224 points.
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Nifty 50: Ended the session just shy of the 24,900 mark.
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Market Sentiment: The session was positive, with buying seen across several sectors. The broader markets also participated in the rally, with the BSE Midcap and Smallcap indices gaining 0.8% and 1%, respectively.
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Weekly Performance: For the first week of October, the Sensex and Nifty both gained nearly 1%.
Top Gainers and Losers
Gains were led by metal and banking stocks, while pharma and some consumer goods stocks lagged.
| Top Gainers |
Top Losers |
| Tata Steel |
Max Healthcare |
| Power Grid |
Coal India |
| Hindalco |
Maruti Suzuki |
| Axis Bank |
Tech Mahindra |
| Larsen & Toubro (L&T) |
SBI Life Insurance |
Sectoral Performance
It was a day of mixed sectoral performance, with metals leading the charge.
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Top Gainers: The Nifty Metal index was the standout performer, surging nearly 2%. The Nifty PSU Bank index also saw strong buying interest, closing 1% higher.
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Top Losers: The Nifty Pharma, Nifty Realty, and Nifty FMCG indices ended in the red.
Major News and Market Movers
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Tata Motors Gains on JLR Stake Sale Buzz: Tata Motors was among the top gainers, with the stock rising after reports emerged that the company is considering selling a minority stake in its subsidiary, Jaguar Land Rover (JLR).
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Coal India Falls: Coal India was a top Nifty 50 loser, falling after the company announced its September quarter production and sales numbers.
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Sammaan Capital IPO Update: Shares of Sammaan Capital were in focus ahead of the company's IPO, which is set to open next week.
IPO Market: Gearing Up for a Mega Week
The primary market is buzzing with excitement as it gears up for what could be the biggest week of 2025. Several high-profile IPOs are set to hit the market, collectively aiming to raise over ₹30,000 crore.
Global Market Summary
Global markets showed a mixed trend as investors awaited key U.S. jobs data.
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Global Stocks: Asian markets opened higher with strong momentum, but the sentiment turned cautious in European trade. U.S. stock futures also traded with a slight negative bias ahead of the non-farm payrolls report.
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Currency: The Indian Rupee ended marginally lower at 88.78 per dollar.
Frequently Asked Questions (FAQs)
Why did the market close higher today?
The market's positive close was driven by strong buying in metal and PSU bank stocks. The broader market also saw good participation, contributing to the overall gains.
Which sectors were the top performers?
The Nifty Metal index was the best performer, rising nearly 2%. The Nifty PSU Bank index also saw a strong gain of 1%.
What's the big news in the IPO market?
The IPO market is preparing for a massive week ahead, with several large IPOs, including Tata Capital and LG Electronics India, set to open for subscription. This is expected to be the biggest week for the primary market in 2025.
How has the market performed this week?
The market has had a positive week, with the Sensex and Nifty gaining nearly 1% each. The broader markets outperformed the main indices.