Mumbai, October 11 2025: Indian stock markets ended the week with solid gains, buoyed by strong buying activity in the banking, information technology (IT), and pharmaceutical sectors. The positive momentum over the last two trading sessions contributed significantly to the upbeat sentiment among investors.
The banking sector remained a key driver of market performance throughout the week. Investor confidence was supported by the Reserve Bank of India’s recent decision to keep the repo rate steady at 5.5%, providing a sense of policy stability. Sentiment improved further following the government’s move to invite private sector professionals to take leadership roles at the State Bank of India (SBI) — a notable shift that signals a push toward increased efficiency and private participation in public sector enterprises.
The pharmaceutical sector gained traction toward the end of the week after policy developments in the United States eased concerns over potential tariffs on generic drugs. The US administration indicated that it does not plan to impose tariffs on these drugs and aims to reduce biotech collaborations with certain foreign companies, particularly from China. This development is seen as favorable for Indian contract development and manufacturing organizations (CDMOs) and bolstered investor interest in domestic pharma stocks.
IT stocks also contributed to the overall positive sentiment. Despite initial weakness during Friday’s opening session, the broader tech sector managed to post gains for the week.
On Friday, Indian equity indices advanced for the second consecutive session. The Sensex, after a weak start near 82,075, reversed course and surged 579 points to reach an intraday high of 82,654. It eventually settled at 82,501, marking a 329-point rise or 0.4% gain.
Similarly, the Nifty 50 rose to a high of 25,331 during the day before closing at 25,285, up 104 points or 0.4%.
Throughout the week, both major indices showed notable strength. The Nifty added 391 points, representing a 1.57% weekly gain, while the Sensex jumped by over 1,000 points, an increase of 1.35%.
The technical outlook remains encouraging, with bullish chart patterns emerging. On the weekly chart, the Nifty has formed a cup and handle pattern — a signal often associated with the potential for continued upward movement, especially if supported by rising volumes.
Among the sectoral indices, Bank Nifty rose 1.84%, while Nifty Pharma gained 2.12%. Nifty IT led the pack with an impressive 4.8% weekly gain, reflecting renewed optimism in the tech space despite global uncertainties.
With the earnings season now underway, market participants are expected to remain focused on corporate results, which could provide further direction in the coming weeks. Overall, the combination of policy clarity, positive global cues, and sector-specific tailwinds helped Indian equity markets close the week on a strong footing.