Closing Bell 9th Oct: Nifty up by 0.54%, Sensex by 0.49%
Cooling geopolitical tensions and upbeat Q2 earnings outlook lifted IT, pharma, and metals, helping Sensex and Nifty end the day on a positive note.
The Indian market closed positively today. Nifty closed at 25,181.80, up by 0.54%. It opened at 25,074.30 and made a high of 25,199.25. Sensex closed up by 0.49% at 82,172.10. It opened at 81,900, and made a high of 82,247.73.
Reasons for the positive sentiment
The market was positive due to several reasons:
- The optimism was led by the Q2 earnings expectations and stable demand.
- Geopolitical tensions in the Middle East cooled down, which will likely reduce risk and support energy stocks and overall market sentiment.
Major Indices Today
- Both the benchmark indices closed higher as the gain in the IT, Pharma, and Metals sectors lifted the market sentiment, supported by foreign fund inflows.
- Nifty Next 50 traded higher as investors bought quality midcap stocks across various sectors, expecting better Q2 earnings.
- The Bank Nifty and Fin Nifty were up, driven by gains from major lenders such as HDFC Bank, ICICI Bank, and State Bank of India.
Sectoral Indices Today
- Nifty IT gained over optimism built due to TCS Q2 results, and a weaker rupee boosted export earnings outlook.
- Nifty Auto rose by gains in M&M, Tube Investment, Bharat Forge, and MRF, while Tata Motors and Maruti Suzuki were the top losers among the sector.
- Nifty FMCG traded positively with gains in Hindustan Unilever, Varun Beverages and Britannia.
- Nifty Pharma rose after the news that the U.S dropped plans to add tariffs on Indian generic drugs.
- The Nifty Oil & Gas index rose over the gains in Reliance Industries, ONGC, Indian Oil and GAIL.
Market Movers Today
- DreamFolks shares hit the upper circuit by 5% after the company launched its exclusive club membership at the Global Fintech Fest 2025.
- Eimcon Elecon shares rose by 20% to hit the upper circuit after Kedia Securities bought a ₹11 crore stake in the company.
- Lupin shares rose by 3% after the company announced it would set up a manufacturing facility in Florida.
- Hindustan Copper shares reached a 52-week high, driven by rising copper prices.
Top Gainers
Top Losers
52W High Stocks
52W Low Stocks
High Volume Stocks Today
IPOs
- Rubicon Research and Canara Robeco Asset Management Company IPOs opened for subscription today and will close on October 13th, with a price band of ₹461-₹485 and ₹253-₹266, respectively.
- LG Electronics closed today. The price band was ₹ 1,080-₹ 1,140.
Allotment Status
Tata Capital IPO shares allotted today. Investors can check the allotment status online through the websites of BSE and NSE.
Market Announcements
- SpiceJet's share price rose by 13.49% after the company launched direct flights to new Indian cities, including Port Blair and Udaipur.
- Shares of Saatvik Green Energy rose by 10% to hit the upper circuit after the company reported its net profit at ₹118.82 crores for Q2FY26.
References:
- INDEX CONTRIBUTION - Nifty Oil & Gas
- DreamFolks shares hit 5% upper circuit after firm launches exclusive club memberships, premium wallet
- Eimco Elecon shares hit 20% upper circuit after Vijay Kedia buys stake worth Rs 11 crore
- Lupin shares gain 3% on plan to build a new manufacturing facility in Florida
- 1000% returns in five years! PSU stock Hindustan Copper hits 52-week high as copper prices climb to record high
- SpiceJet share price skyrockets 13% after this flight update. Do you own?
- Saatvik Green Energy share price hits 10% upper circuit on strong Q1 profit growth
