The domestic stock market made a notable intraday recovery on Friday, with the Sensex reaching a four-month high, crossing the 84,000 mark for the first time since June 2025, following a slightly lower opening.
The Nifty 50 index also climbed to a one-year high as gains in Reliance Industries ahead of its earnings announcement countered declines in Infosys and Wipro, which faced margin concerns despite reporting strong results.
After a subdued start, investor optimism increased as crude oil prices decreased, enhancing risk appetite. By 12:36 PM, the Sensex had rallied 669.85 points, or 0.80%, to 84,137.51, nearing an intraday high of 84,172.24 after opening at 83,331.78 against the previous close of 83,467.66. The Nifty 50 gained 188.20 points, or 0.74%, to reach 25,773.50, close to its day’s high of 25,781.50.
Broader market indices mirrored these gains, with both the Nifty midcap and smallcap indices performing strongly. On the sectoral front, the FMCG and consumer durables sectors led with increases of 1-2%, while most indices traded in positive territory. Conversely, the IT index and media sector saw declines of over 1%.
The Nifty Bank index also reached an intraday high of 57,830.20.
Top Gainers & Losers
Among the top gainers in the Nifty 50 were Asian Paints, Bharti Airtel, Max Healthcare, Apollo Hospitals, Mahindra & Mahindra, ITC, and Reliance, while Wipro, Eternal, Infosys, Power Grid, Tech Mahindra, and Hindalco experienced the most significant losses.
On the National Stock Exchange, a total of 3,026 stocks were traded; 1,324 advanced, 1,588 declined, and 114 remained unchanged. Additionally, 73 stocks reached their 52-week highs, while 51 hit their 52-week lows. Notably, 62 stocks were locked in their upper circuit limits, and 32 reached their lower circuits.
In the midcap segment, stocks such as Bharti Hexacom, Muthoot Finance, Godfrey Phillips, BDL, and IndusInd surged by 3-4%, while Swiggy, Yes Bank, Mphasis, Policy Bazaar, Oil India, and Torrent Power declined by 2-4%.
In smallcap stocks, Whirlpool, Data Patterns, Radico, Anand Rathi, Delhivery, and Ola Electric saw increases of 3-10%, while CreditAccess, IGIL, Afcons, and Ircon International fell by 2-4%.
On the Bombay Stock Exchange, Bombay Burmah Trading Corporation and Whirlpool surged by 10%, and Spicejet and Force Motors increased by over 6%. On the downside, Wipro, Anupam Rasayan, JSW Infra, and Welspun Living faced declines.
Shares of Reliance, JSW Steel, Hindustan Zinc, PVR INOX, Polycab, Dixon Technologies, Havells, AU Small Finance Bank, and others will remain in focus as they report their Q2 results.
Published on October 17, 2025.
