Mumbai, Oct 8,2025 : Indian stock markets continued their upward momentum for the fourth consecutive trading session on Tuesday, supported by strong gai
ns in blue-chip banking stocks and sustained buying by domestic institutional investors. However, the day wasn’t without its volatility, as profit-booking at higher levels trimmed some of the intraday gains.
Markets at a Glance
The BSE Sensex rose by 136.63 points (0.17%) to close at 81,926.75, after swinging between gains and losses throughout the day. It had earlier surged by over 519 points to touch an intraday high of 82,309.56, before settling lower due to profit-taking.
The NSE Nifty 50 ended 30.65 points (0.12%) higher at 25,108.30, also experiencing a choppy session as investors remained cautious ahead of the Q2 earnings season.
Top Performers and Drags
Among the top gainers on the Sensex were:
- Bharti Airtel
- HCL Technologies
- UltraTech Cement
- Power Grid
- HDFC Bank
- Bajaj Finance
- Tata Steel
- ICICI Bank
On the flip side, stocks like Axis Bank, Tata Motors, Trent, and Infosys were among the key laggards that weighed on the index.
Sectoral Performance
The sectoral indices painted a mixed picture:
- Telecom stocks led the gains, rising by 2.13%, followed by realty (1.09%), energy (0.47%), consumer durables (0.28%), and financial services (0.24%).
- On the other hand, sectors like FMCG, commodities, IT, bankex, and metals underperformed, with focused IT and services also ending in the red.
- The BSE Midcap index managed to advance 0.45%, while the Smallcap index dipped slightly by 0.15%, reflecting selective buying across broader markets.
Market Sentiment and Outlook
The session began on a positive note, buoyed by favorable global cues and optimism around the upcoming corporate earnings season. However, as trading progressed, modest expectations for Q2 FY26 results tempered enthusiasm, resulting in muted closing gains.
Despite the cautious undertone, the overall momentum remains strong. Over the last four sessions, the Sensex has surged 1,659 points (2.06%), and the Nifty has gained 497 points (2.02%), indicating renewed investor confidence.
Global Cues
- European markets traded mixed during the day.
- US markets closed mostly higher in the previous session.
- Meanwhile, Brent crude, the global oil benchmark, eased slightly by 0.15%, offering some relief on the inflation front.
Conclusion
India’s benchmark indices have shown resilience in recent sessions, supported by robust institutional participation and optimism around economic recovery. While volatility is likely to persist in the short term, especially with the earnings season ahead, the underlying sentiment remains constructive. Investors will closely watch corporate results and global market cues to assess the next direction for the market.