The Indian stock market showed a positive trend on 10 October 2025, with the Sensex and Nifty indices rising, driven by positive global sentiment and reduced geopolitical tensions.
Retail investor sentiment was cautiously optimistic, bolstered by recent market gains and supportive institutional investment flows.
The market was influenced by the easing of tensions in the Middle East, which contributed to a stable oil price environment.
Foreign and domestic institutional investors continued to support the market with significant purchases, adding to the overall positive sentiment.
Despite global market volatility, the Indian market demonstrated resilience, potentially setting the stage for further growth.
Key Indices
NIFTY 50
25,303
0.48%
SENSEX
82,584.31
0.50%
Momentum Snapshot
Index
Price
1D
1M
1Y
Sensex
82,584.31
0.50%
1.27%
1.48%
Nifty Smallcap 250
17,112
0.61%
0.11%
-5.60%
Nifty Midcap 100
58,751
0.55%
1.30%
-0.31%
Nifty 50
25,303
0.48%
1.32%
1.22%
Nifty Next 50
68,829
0.45%
1.59%
-8.57%
Sector Highlights
PSU Bank
+1.83%
PSU banks gained 1.83% driven by strong quarterly earnings and robust fundamentals, exemplified by Indian Bank hitting a new 52-week high of Rs. 779 supported by a 48.07% return over the past year, effective risk management with a gross NPA ratio of 3.01%, and healthy net interest income growth of 20.82% annually. Institutional buying and positive investor sentiment on public sector banking further contributed to the sector's upward momentum today.
Realty
+1.83%
The Realty sector rose 1.83%, possibly benefiting from stable housing demand trends and optimism around new project launches or policy support, though explicit sector-specific news is limited in available data. The broader market's positive momentum and anticipation of quarterly earnings have likely contributed to gains in real estate stocks.
Pharma
+1.53%
Pharma sector advanced by 1.53%, supported by strong quarterly earnings from key companies and favorable developments such as new drug approvals or export growth prospects. Stocks like Natco Pharma remained in focus, underpinning sector gains driven by demand outlook and positive regulatory updates.
IT
-0.09%
The IT sector declined marginally by 0.09% despite TCS reporting Q2 net profit slightly above estimates. The muted reaction reflects cautious market sentiment ahead of the broader Q3 earnings season. However, TCS’s $6.5 billion investment announcement in AI infrastructure signals potential medium-term growth that did not translate into immediate stock gains.
Metal
-0.96%
Metal stocks fell 0.96% pressured by profit-taking after recent gains and easing base metal prices, with top players like Tata Steel and Hindalco witnessing selling pressure. The sector faced headwinds from subdued global commodity demand outlooks and cautious investor stance despite recent positive momentum.
Sector Scoreboard
Sector
1D
1W
1Y
3Y
PSU Bank
+1.83%
+0.93%
+14.28%
+150.72%
Realty
+1.83%
+0.54%
-16.17%
+101.09%
Pharma
+1.53%
+0.93%
-7.77%
+67.01%
IT
-0.09%
+5.08%
-16.41%
+28.47%
Metal
-0.96%
+2.61%
+5.67%
+74.60%
Movers of the Day
Top Nifty Gainers
Cipla
2.82%
Cipla rose as the broader Nifty Pharma index witnessed widespread gains, indicating strong positive sentiment across the pharmaceutical sector.
SBI
2.13%
SBI gained as the banking sector demonstrated robust performance, benefiting from positive investor sentiment and a favorable macroeconomic outlook.
Axis Bank
1.79%
Axis Bank advanced due to strong buying interest across the banking sector, which contributed significantly to the market's overall gains.
Maruti Suzuki
1.57%
No significant updates available for this stock.
Wipro
1.51%
No significant updates available for this stock.
Top Nifty Losers
Tata Steel
-1.60%
Tata Steel fell due to profit booking and broader market concerns over global economic headwinds, including rising treasury yields and potential trade tariff uncertainties.
TCS
-1.15%
TCS declined after reporting muted Q2 results where its profit rise missed analyst estimates, coupled with sector-wide concerns about increased US visa fees impacting operational costs.
JSW Steel
-1.01%
JSW Steel corrected amidst profit-taking in the metal space, as investors weighed the bullish domestic demand outlook against near-term global macroeconomic pressures.
Shriram Finance
-0.78%
No significant updates available for this stock.
Tech Mahindra
-0.59%
Tech Mahindra slid in sympathy with the broader IT sector, which faced negative sentiment following disappointing earnings from peers and persistent concerns over US visa policy changes.
Stock Spotlight Of The Day
Tata Consultancy Services
Market Cap
10,97,402 Cr
Current Price
₹3,033
Stock P/E
21.9
Dividend Yield
1.97%
ROCE
64.6%
ROE
52.4%
Shareholding Changes (Impact Factors)
FIIs
QoQ
-0.56%
YoY
-0.87%
Stable foreign holding
DIIs
QoQ
0.46%
YoY
0.95%
Stable domestic holding
Promoters
QoQ
0%
YoY
0%
No change in promoter holding
Quarterly Summary (Absolute)
Sales
QoQ
Slight growth
3.72%
YoY
Slight growth
2.4%
Expenses
QoQ
Slight uptick
2.7%
YoY
Slight uptick
0.62%
Operating Profit
QoQ
Mild gains
6.54%
YoY
Mild gains
7.45%
Net Profit
QoQ
Minor dip
-5.37%
YoY
Slight uptick
1.47%
Profit & Loss (Compounded)
Sales Growth
10 Years
10%
5 Years
10%
3 Years
10%
TTM
4%
Profit Growth
10 Years
10%
5 Years
8%
3 Years
8%
TTM
4%
Stock Price CAGR
10 Years
9%
5 Years
2%
3 Years
0%
1 Year
-28%
Return on Equity
10 Years
41%
5 Years
47%
3 Years
50%
Last Year
52%
Fundamentals Corner
The company demonstrates exceptional profitability with a robust and improving ROE of 52%, but its historical double-digit sales and profit growth has decelerated significantly in the past year.
This slowdown is reflected in the stock's recent underperformance and sluggish quarterly net profit, suggesting that while the business is highly efficient, investors should watch for a revival in top-line growth before considering the current valuation attractive.
News TidBits
The IT major reported muted second-quarter results, with a 1.4% year-on-year profit increase that fell short of market expectations, leading to a decline in its stock price.
Despite missing profit estimates, the company's revenue surpassed forecasts, indicating some resilience in its service demand.
In a major strategic shift, TCS announced a significant $6-7 billion investment into AI-focused data centers to capture future growth opportunities.
The company also revealed a substantial reduction in its workforce by nearly 20,000 employees, signaling a strong focus on improving operational efficiency and margins.
Investor sentiment remains cautious due to the mixed earnings report and broader sector headwinds, including concerns over increased US visa fees impacting profitability.
Stacks on Stacks: Tip Time 🤑
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Inside The Fund
HDFC Small Cap Fund
Fund Size: ₹ 36827.67 Cr
NAV: ₹ 160.946 (as on 09th October, 2025)
1 Year
1.62%
Category: -3.73%
2 Year
17.30%
Category: 18.68%
3 Year
23.09%
Category: 20.66%
5 Year
30.96%
Category: 29.34%
10 Year
19.72%
Category: 18.11%
Stocks Added
Stock
Sector
1M Change
Godrej Consumer Products Ltd
Personal care
0.65%
J K Tyre & Inds. Ltd.
Tyres & allied
0.29%
Stocks Removed
Stock
Sector
1M Change
Bajel Projects Ltd.
Power - transmission
-0.31%
Repco Home Finance Ltd.
Housing finance company
-0.05%
Top 10 Holdings
Stock
Holding %
1M Change
Firstsource Solutions Ltd.
4.90%
0.00%
Aster DM Healthcare Ltd.
4.11%
0.00%
eClerx Services Ltd.
4.02%
0.00%
Bank Of Baroda
3.29%
0.00%
Gabriel India Ltd.
3.17%
0.00%
Eris Lifesciences Ltd.
2.73%
0.00%
Fortis Healthcare Ltd.
2.65%
0.00%
Krishna Institute of Medical Sciences Ltd.
2.12%
0.00%
Sudarshan Chemical Industries Ltd.
2.10%
0.00%
Indian Bank
1.97%
0.00%
The Common Ground
Shows the commonly added & removed stocks by mutual funds last month
Top Added (1)
TVS Motor Company Ltd. - Preference Shares
2 funds
Canara Robeco Multi Cap Fund - Direct Plan - Growth
0.02%
Invesco India Multicap Fund - Direct Plan - Growth
0.02%
Top Removed (5)
Avenue Supermarts Ltd.
3 funds
Nippon India Multicap Fund - Direct Plan - Growth
-0.07%
Quant Multi Cap Fund - Direct Plan - Growth
-0.38%
Mirae Asset Multicap Fund - Direct Plan - Growth
-0.26%
Dalmia Bharat Ltd.
2 funds
Nippon India Multicap Fund - Direct Plan - Growth
-0.53%
Franklin India Multi Cap Fund - Direct Plan - Growth
-0.41%
United Breweries Ltd.
2 funds
Kotak Multicap Fund - Direct Plan - Growth
-0.22%
ICICI Prudential Multicap Fund - Direct Plan - Growth
-0.73%
Oil & Natural Gas Corporation Ltd.
2 funds
ICICI Prudential Multicap Fund - Direct Plan - Growth
-1.03%
Quant Multi Cap Fund - Direct Plan - Growth
-1.69%
-NMDC LTD
2 funds
ICICI Prudential Multicap Fund - Direct Plan - Growth
0.00%
Mirae Asset Multicap Fund - Direct Plan - Growth
-0.59%
Top News Developments
UK-India Missile Deal to Boost Defence Stocks
The finalization of the defence deal signifies a deepening strategic alignment between India and the UK, driven by geopolitical shifts in the Indo-Pacific region.
This agreement is expected to provide a major stimulus to domestic defence manufacturers through technology transfers and new order inflows, directly supporting the 'Make in India' initiative.
Investors should anticipate a medium-term bullish impact on stocks like Bharat Dynamics and HAL as contract execution begins.
Increased government spending on defence modernization is a direct consequence, potentially leading to favorable policies for the sector.
LG Electronics IPO Sets Record, Fuels Market Optimism
The record-breaking ₹4 lakh crore subscription is a strong vote of confidence in India's consumption story and the appeal of premium consumer electronic brands.
This overwhelming success is likely to encourage other large multinational companies to list their Indian arms, potentially deepening the capital markets.
The positive sentiment is expected to spill over to listed peers in the consumer durables and electronics manufacturing sectors.
For retail investors, this highlights the immense liquidity and appetite for quality public offerings in the current market environment.
IT Sector Faces Headwinds as TCS Reports Muted Q2
TCS's mixed Q2 results, with profits missing estimates, confirm that the IT sector is navigating a challenging period of muted growth due to cautious global tech spending.
The sector faces dual pressures from sluggish demand and rising operational costs, exacerbated by concerns over potential hikes in US visa fees.
TCS's strategic pivot towards a massive investment in AI data centers indicates a long-term strategy to counter near-term weakness with future-focused capabilities.
While Tata Elxsi's results show continued demand in niche engineering services, the broader IT services segment remains a defensive play with a cautious short-term outlook.
FII / DII Snapshot
Yesterday
FII Net: ₹1308.16 cr
DII Net: ₹864.36 cr
September 2025
FII Net: ₹-35301.36 cr
DII Net: ₹65343.59 cr
Daily Flows
Date
FII Net
DII Net
09-Oct-2025
₹1308.16 cr
₹864.36 cr
08-Oct-2025
₹81.28 cr
₹329.96 cr
07-Oct-2025
₹1440.66 cr
₹452.57 cr
06-Oct-2025
₹-313.77 cr
₹5036.39 cr
03-Oct-2025
₹-1583.37 cr
₹489.76 cr
Monthly Flows
Month
FII Net
DII Net
September 2025
₹-35301.36 cr
₹65343.59 cr
August 2025
₹-46902.92 cr
₹94828.55 cr
July 2025
₹-47666.68 cr
₹60939.16 cr
June 2025
₹7488.98 cr
₹72673.91 cr
May 2025
₹11773.25 cr
₹67642.34 cr
April 2025
₹2735.02 cr
₹28228.45 cr
• Foreign Institutional Investors (FIIs) showed renewed buying interest, turning net buyers with an inflow of ₹1,308.16 crore, providing crucial support to the market's upward momentum.
• This marks a positive shift from previous months which saw significant FII outflows, suggesting a potential improvement in foreign investor sentiment, possibly driven by easing global geopolitical tensions.
• Domestic Institutional Investors (DIIs) continued their consistent support for the market, with strong net purchases of ₹864.36 crore, reinforcing the underlying domestic confidence in the Indian economy.
IPO Watchlist
Ongoing IPOs
The primary market features several active IPOs, including Canara HSBC Life Insurance, Canara Robeco AMC, and Rubicon Research.
Investor response has been varied, with Rubicon Research showing strong demand at 0.98x subscription, while Canara HSBC Life has seen a more subdued start.
Most ongoing issues are commanding positive Grey Market Premiums (GMP), suggesting expectations of listing gains, further supported by the record-breaking demand seen in the recent LG Electronics IPO.
Canara HSBC Life
2517.50
Date: 10 Oct - 14 Oct
List: 17 Oct
Subscription: 0.06x
GMP: 4.72%
Canara Robeco
1326.13
Date: 9 Oct - 13 Oct
List: 16 Oct
Subscription: 0.34x
GMP: 10.53%
Rubicon Research
1377.50
Date: 9 Oct - 13 Oct
List: 16 Oct
Subscription: 0.98x
GMP: 22.89%
Upcoming IPOs
Midwest is set to launch its IPO from October 15th to 17th, aiming to raise ₹451 crore.
The initial sentiment for the public issue appears muted, as reflected by its current Grey Market Premium (GMP) of zero.
Investors will be closely watching for any changes in demand or GMP as the opening date approaches, especially within the context of the current buoyant IPO market.
Midwest
451.00
Date:15 Oct - 17 Oct
List:24 Oct
Subscription: -
GMP: 0.00%
Cha-Ching Cheatsheet 💵
Treat your investment research like a journalist's investigation, not a fan's adoration, by questioning every assumption, verifying every 'hot tip,' and focusing on uncovering risks before you celebrate potential rewards.
US markets closed lower due to investors consolidating positions before the third-quarter earnings season, lacking significant market drivers.
Asian equity markets started on a cautious note following a pause in US stock gains, reflecting concerns over high valuations.
Oil prices stabilized after a decline, helped by a reduction in the war risk premium due to Israel and Hamas reaching an agreement.
Global economic data remained light, contributing to market caution and positioning for upcoming earnings reports.
The global market outlook was influenced by the anticipation of economic data releases and geopolitical developments.
Emerging Opportunities
The IT sector presents promising opportunities due to the ongoing demand for digital services and potential growth in key companies like TCS.
Infrastructure and construction sectors are likely to benefit from government initiatives and domestic orders, similar to M&B Engineering's recent contract.
The renewable energy sector is emerging as a significant opportunity due to increasing emphasis on sustainability and environmental policies.
Pharmaceutical companies could see growth driven by the increasing global demand for healthcare services and India's cost-effective drug manufacturing capabilities.
Contrarian opportunities may arise in sectors like steel and metals, which could rebound from current lows due to global demand fluctuations.
Policy & Regulations
Market regulator SEBI is reportedly evaluating new measures to safeguard retail investors from the significant risks associated with derivatives trading.
This potential regulatory action aims to address concerns about the increasing participation of small investors in the complex and often volatile Futures & Options segment.
If implemented, these rules could introduce stricter eligibility criteria or enhanced risk disclosures, potentially impacting trading volumes and brokerage industry revenues.
Crypto Buzz
Name
Price
Market Cap
24h Change
ATH Change
Bitcoin (BTC)
$121048
$2.41T
-0.77%
-3.91%
Ethereum (ETH)
$4322.7
$521.79B
-2.45%
-12.46%
Tether (USDT)
$1
$178.39B
0.00%
-24.40%
BNB (BNB)
$1264.78
$175.98B
-3.49%
-4.92%
XRP (XRP)
$2.81
$168.09B
-0.56%
-23.04%
The global cryptocurrency market experienced a slight downturn, with its total market capitalization declining over the last 24 hours.
Major altcoins like Ethereum and BNB saw notable price drops, contributing to the overall negative market sentiment.
Despite the broader market weakness, Bitcoin demonstrated relative resilience, maintaining its price level and suggesting investors may be consolidating into the leading digital asset amid uncertainty.
Inside The Fund
