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EQUITY
Post Session: Quick Review
Oct-03-2025

Indian equity benchmarks managed to close higher on Friday, ahead of Q2FY26 earnings to kick start from next week. After making slightly negative start, soon indices hovered near the neutral lines amid continued selling by foreign institutional investors (FIIs). However, markets turned positive and extended their gains in the final hour of trade, as some support come from Finance Minister Nirmala Sitharaman’s statement that India's capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation.

Some of the important factors in trade:

Gross GST collections jump 9.1% to Rs 1.89 lakh core in September: Traders took note of the government data which showed that gross GST collection rose 9.1 per cent to over Rs 1.89 lakh crore in September on the back of increased sales due to rate rationalization.

Private sector beginning to see opportunities in India: Sentiments remained upbeat as Finance Minister Nirmala Sitharaman said private sector investment is beginning to see opportunities in India, with interest especially reviving in public-private partnership (PPP) projects.

Inflation likely to be much lower than RBI projections in FY26 and FY27: The State Bank of India (SBI) in its latest report has said that Inflation in the current financial year (FY26) and the next financial year (FY27) is likely to be much lower than the Reserve Bank of India's (RBI) projections. 

Global front: European markets were trading in green after Eurozone producer prices declined for the first time in nine months in August due to the sharp decrease in energy prices. Asian markets ended mostly in green after Japan's service sector activity strengthened in September as there were steep increases in both business activity and new orders. 

The BSE Sensex ended at 81207.17, up by 223.86 points or 0.28% after trading in a range of 80649.57 and 81251.99. There were 14 stocks advancing against 16 stocks declining on the index. (Provisional)

The broader indices ended in green; the BSE Mid cap index was up by 0.78%, while Small cap index up by 1.09%. (Provisional)

The gaining sectoral indices on the BSE were Metal up by 1.85%, Industrials up by 1.28%, Telecom up by 1.16%, Consumer Durables up by 1.15% and Basic Materials up by 1.12%, while Healthcare down by 0.09% and Realty down by 0.09% were the only losing indices on BSE. (Provisional)

The top gainers on the Sensex were Tata Steel up by 3.52%, Power Grid Corp up by 2.87%, Kotak Mahindra Bank up by 2.18%, Axis Bank up by 2.16% and Larsen & Toubro up by 1.99%. On the flip side, Tech Mahindra down by 1.26%, Maruti Suzuki down by 1.06%, Ultratech Cement down by 0.85%, Bajaj Finserv down by 0.69% and Sun Pharma down by 0.53% were the top losers. (Provisional)

Meanwhile, Finance Minister Nirmala Sitharaman has said that India's capacity to absorb external shocks is strong at a time when the world economy is undergoing a structural transformation. She also noted that the task before nations is not only to manage uncertainty but to confront trade, financial and energy imbalances. Minister further said ‘Geopolitical conflicts are intensifying. Sanctions, tariffs, and decoupling strategies are reshaping global supply chains... For India, these dynamics highlight both vulnerability and resilience. Our capacity to absorb shocks is strong, while our economic leverage is evolving.’

Sitharaman said ‘Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer against uncertainty. Wars and strategic rivalries are redrawing the boundaries of cooperation and conflict. Alliances that once appeared solid are being tested, and new coalitions are emerging.  Thus, what we face is not a temporary disruption but a structural transformation.’

Underlining that the Indian economy is resilient and continues to grow sustainably, Sitharaman said that with the steady share of consumption and investment in the overall GDP over the years, India's growth is firmly anchored in its domestic factors, which minimises the impact of external shocks on overall growth. She said India's rise as a stabilising force is neither accidental nor transient; instead, it results from a powerful combination of factors.

The CNX Nifty ended at 24894.25, up by 57.95 points or 0.23% after trading in a range of 24747.55 and 24904.80. There were 26 stocks advancing against 24 stocks declining on the index. (Provisional)

The top gainers on Nifty were Tata Steel up by 3.40%, Power Grid Corp up by 3.22%, Hindalco up by 1.88%, Axis Bank up by 1.85% and Kotak Mahindra Bank up by 1.80%. On the flip side, Max Healthcare Institute down by 3.95%, Coal India down by 1.33%, Eicher Motors down by 1.15%, Tech Mahindra down by 1.09% and Maruti Suzuki down by 1.00% were the top losers. (Provisional)

European markets were trading higher; Germany’s DAX gained 308.94 points or 1.26% to 24,422.56, UK’s FTSE 100 increased 63.42 points or 0.67% to 9,491.15 and France’s CAC rose 12.57 points or 0.16% to 8,069.20.

Asian markets settled mostly higher on Friday tracking Wall Street’s gains overnight as a wave of good news from the AI sector offset worries about the US government shutdown and potential federal job cuts. Japanese markets soared as investors awaited a key ruling party vote that will decide the country's next Prime Minister. Japan’s Hitachi shares surged after the company announced a tie-up with OpenAI to build AI infrastructure and expand data centers globally. South Korean and Chinese markets were closed for the National Day holiday. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

--

--

--

Hang Seng

27,140.92

-146.2

-0.54

Jakarta Composite

8,118.30

47.22

0.58

KLSE Composite

1,635.06

-2.74

-0.17

Nikkei 225

45,769.5

832.77

1.85

Straits Times

4,411.95

16.74

0.38

KOSPI Composite

--

--

--

Taiwan Weighted

26,761.06

382.67

1.43
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