Equity benchmark indices experienced a significant rise on Wednesday, driven by a mix of favorable global cues and domestic factors.
Asian markets showed an upward trend, creating a positive environment for Indian equities. Investor sentiment was cautiously optimistic, supported by expectations of potential interest rate cuts by the US Federal Reserve.
On the domestic front, strong buying interest was observed in sectors such as power, metal, and telecom, with the realty index leading the gains. Anticipations of robust corporate earnings have also contributed to heightened investor confidence.
At 1:18 PM, the Sensex surged by 623.10 points or 0.76 percent, reaching 82,653.08, while the Nifty 50 gained 199.45 points or 0.79 percent, rising to 25,344.95. The midcap index outperformed the smallcap index, both advancing by over 1 percent, with all sectoral indices trading in positive territory.
Top Gainers & Losers
Notable gainers on the Nifty 50 included Bajaj Finance, Nestle India, Bajaj Finserv, Asian Paints, L&T, and Jio Financial, which saw increases between 2 and 3.5 percent. Conversely, Infosys was the top loser, followed by Tata Motors, Axis Bank, Tech Mahindra, Titan, and Dr. Reddy’s Lab.
A total of 3,062 stocks traded on the National Stock Exchange, with 1,925 stocks advancing, 1,043 declining, and 94 remaining unchanged. Approximately 60 stocks, including Bank of Maharashtra, RBL Bank, Cholamandalam Investment, and Inox Green, reached their 52-week highs, reflecting investor optimism. Meanwhile, 75 stocks, including Bansal Wire, reached 52-week lows.
Additionally, 69 stocks, featuring NIBA and Genesys International, hit their upper circuit limits, while 49 stocks reached the lower circuit, indicating aggressive buying and selective profit-taking across various sectors.
Mid-Cap Highlights
In the midcap segment, Persistent Systems recorded gains of over 6 percent, following its second-quarter performance, with Prestige Estates, Vodafone Idea, Godfrey Phillips, and Godrej Properties also rising by 4 to 5 percent.
On the downside, Policy Bazaar, OFSS, Bharti Hexacom, IndusInd Bank, MRF, and Aurobindo Pharma saw declines of 1 to 2 percent.
Among smallcap stocks, Newgen, Ola Electric, IIFL, CGCL, CESC, and Poonawalla rose by 4 to 5 percent, while BLS International, Data Patterns, Shyam Metalics, Zensar Tech, and Delhivery fell by 2 to 3 percent.
On the BSE, Bank of Maharashtra, ICICI Lombard, and Persistent Systems topped the gainers list with rallies between 7 and 9 percent following their second-quarter results. Cyient DLM recorded a decline of nearly 5 percent. Furthermore, shares of LG Electronics India continued their upward momentum in the second day of trading.
Published on October 15, 2025.