HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Markets maintain rally for 4th straight session on occasion of Diwali 2025
Oct-20-2025

Indian equity benchmarks extended their northward journey for fourth consecutive session on the occasion of Diwali 2025. Markets made a gap-up opening and remained higher till end of the session driven by better-than-expected Q2 results from major companies and festival optimism. Besides, foreign fund inflows aided the domestic sentiments. Foreign Institutional Investors (FIIs) bought equities worth Rs 308.98 crore on Friday. Moreover, worries about India-US trade relations have eased a bit with both the nations agreeing to conclude the first phase of the deal by next month.

Some of the important factors in trade:

India's exports to register positive growth in 2025-26: Sentiments got boost as Commerce and Industry Minister Piyush Goyal expressing confidence over India’s exports has said that despite global uncertainties due to the US tariffs, India's exports will register a positive growth in 2025-26.

India-EU trade deals talk later this month: Traders took note of report that Commerce and Industry Minister Piyush Goyal will visit Brussels later this month to give an impetus to the ongoing negotiations for a free trade agreement between India and the European Union (EU).

Rupee appreciates against US Dollar: The rupee rose against the US dollar on Monday, supported by foreign fund inflows and lower crude oil prices. 

Auto stocks in focus: The industry body Society of Indian Automobile Manufacturers’ (SIAM) data has showed a 26% Y-o-Y growth in India’s Automobile exports to 16,85,761 units for the September quarter driven by highest-ever shipments of passenger vehicles, two-wheelers and three-wheelers during the period.

Global front: European markets were trading mostly in green amid easing concerns about the health of the US banking sector. Asian markets ended higher amid easing trade tensions between the U.S. and China.

Finally, the BSE Sensex rose 411.18 points or 0.49% to 84363.37 and the CNX Nifty was up by 133.30 points or 0.52% to 25843.15. 

The BSE Sensex touched high and low of 84656.56 and 84196.79 respectively. There were 19 stocks advancing against 11 stocks declining on the index.   

The broader indices ended in green; the BSE Mid cap index rose 0.69%, while Small cap index was up by 0.59%.

The top gaining sectoral indices on the BSE were Energy up by 1.48%, TECK up by 1.33%, Telecom up by 1.22%, Oil & Gas up by 1.10% and IT up by 0.96%, while Metal down by 0.08%, Basic Materials down by 0.05%, Power down by 0.03%, Auto down by 0.03% and FMCG down by 0.02% were the top losing indices on BSE.

The top gainers on the Sensex were Reliance Industries up by 3.52%, Bajaj Finserv up by 2.65%, Axis Bank up by 2.17%, SBI up by 1.97% and Bharti Airtel up by 1.95%. On the flip side, ICICI Bank down by 3.19%, Mahindra & Mahindra down by 1.38%, Eternal down by 1.31%, Adani Ports & SEZ down by 0.77% and Power Grid down by 0.64% were the top losers.

Meanwhile, Union Minister of Commerce and Industry Piyush Goyal  has said that India has undergone a significant shift in recent years and that it now negotiates from a position of strength, reflecting the country’s growing economic confidence and global stature in terms of India’s approach to Free Trade Agreements and other trading arrangements. He said that the country is now engaging primarily with nations that are not competitors to India, ensuring that trade partnerships are balanced and mutually beneficial.

He noted that this strategic approach allows India to safeguard its domestic industries, promote exports, and create opportunities for investment and technology collaboration, while avoiding agreements that could disproportionately benefit the other party at India’s expense. The Minister also said that the world today recognises India as an important trading partner and a trusted country to work with. He observed that the days when India used to negotiate trade agreements from a position of weakness are over, and that the Indian passport now commands respect and value across the world. 

Goyal pointed out that while the world is facing challenging global times, India continues to demonstrate resilience and remains the fastest-growing economy. He referred to the recent IMF projection that raised India’s growth forecast from 6.4 to 6.6 percent and also mentioned that retail inflation in September had been the lowest in eight years at 1.54 percent. The Minister stated that gone are the days when India entered into imbalanced free trade agreements without recognising its own strengths. 

Commerce Minister further said that the Indian economy has been systematically prepared to address present and future challenges, guided by a clear vision and a strong commitment to the nation-first philosophy. He recalled the five principles, the Panch Pran, articulated by the Prime Minister on August 15, 2022, which he said encapsulate the pathway towards making India a developed nation by 2047. Besides, he said that the government has worked to make India an attractive destination for business through ease of doing business measures, decriminalisation of laws and simplification of processes and compliance.

CNX Nifty touched high and low of 25926.20 and 25788.50 respectively. There were 33 stocks advancing against 17 stocks declining on the index.    

The top gainers on Nifty were Cipla up by 3.90%, Reliance Industries up by 3.53%, Shriram Finance up by 2.73%, Bajaj Finserv up by 2.69% and Axis Bank up by 2.15%. On the flip side, ICICI Bank down by 3.22%, JSW Steel down by 1.56%, Mahindra & Mahindra down by 1.32%, Eternal down by 1.31% and Adani Ports & SEZ down by 0.84% were the top losers.

European markets were trading mostly in green; UK’s FTSE 100 increased 34.82 points or 0.37% to 9,389.39 and Germany’s DAX gained 288.61 points or 1.21% to 24,119.60, while France’s CAC fell 1.1 points or 0.01% to 8,173.10.

Asian markets settled higher on Monday tracking Wall Street's gains last Friday as some of the nervousness around the US-China trade tensions eased after US President Donald Trump said that very high tariffs threatened to put on Chinese imports are not sustainable. Japanese shares jumped after its governing Liberal Democrats found a new coalition partner, securing support for its leader Sanae Takaichi to become the country’s first female prime minister. Moreover, Seoul shares hit fresh record high with hopes for a trade deal with Washington and strong demand for semiconductors.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

1,796.99

26.53

1.50

Hang Seng

25,858.83

611.73

2.42

Jakarta Composite

8,088.98

173.32

2.14

KLSE Composite

--

--

--

Nikkei 225

49,185.50

1,603.35

3.37

Straits Times

--

--

--

KOSPI Composite

3,814.69

65.8

1.76

Taiwan Weighted

27,688.63

386.26

1.41
  RELATED NEWS >>
Most Viewed >>
October 08 , 2025
NFO Insight: Invest in Adani, Ambani, Birla st
October 07 , 2025
Nifty hits 25K comeback trail: Banks and IT st
October 08 , 2025
FPIs seek SEBI nod for margin netting to cut f
October 08 , 2025
Tech must not be weaponised to thwart global p
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.