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EQUITY
Post Session: Quick Review
Oct-06-2025

Indian equity benchmarks continued their northward journey for third consecutive session on Monday, supported by buying in IT and Banking stocks. After making cautious start, indices added gains and remained higher throughout the session, ahead to the upcoming corporate earnings season. Traders largely overlooked RBI data showing that India's forex reserves dropped by $2.33 billion to $700.23 billion during the week ended September 26.    

Some of the important factors in trade:

Joint ventures, technology collaboration likely to help narrow India's trade deficit with Qatar: Traders took some support with the Global Trade Research Initiative (GTRI) stating that Joint ventures in energy infrastructure, technology collaboration, and cross-border investments can help reduce India's trade deficit with Qatar. 

Goyal calls for greater collaboration between India, Singapore businesses: Some support also came as the Commerce and Industry Minister Piyush Goyal’s statement that greater collaboration between businesses of India and Singapore will help boost trade and investment ties between the two countries.

India services sector growth eases in September: Traders overlooked a survey showed growth in India's services sector cooled in September due to weaker overseas orders, yet it remained strong and optimism improved. 

Global front: European markets were trading in red as investors shrugged off the results of a survey, which showed investor confidence in the Eurozone has experienced a marked improvement in October 2025. Asian markets ended mostly in green with Japanese markets gaining to a record high after fiscal dove Sanae Takaichi was elected to lead the ruling party. 

The BSE Sensex ended at 81790.12, up by 582.95 points or 0.72% after trading in a range of 81155.88 and 81846.42. There were 20 stocks advancing against 10 stocks declining on the index. (Provisional)

The broader indices ended mixed; the BSE Mid cap index was up by 0.68%, while Small cap index down by 0.20%. (Provisional)

The top gaining sectoral indices on the BSE were IT up by 1.96%, TECK up by 1.60%, Bankex up by 1.10%, Healthcare up by 1.05% and Oil & Gas up by 0.98%, while Metal down by 0.92%, Basic Materials down by 0.37%, Utilities down by 0.35%, FMCG down by 0.19% and Industrials down by 0.16% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were TCS up by 2.99%, Tech Mahindra up by 2.62%, Eternal up by 2.27%, Axis Bank up by 2.14% and Bajaj Finance up by 2.06%. On the flip side, Trent down by 2.30%, Tata Steel down by 1.67%, Adani Ports and Special Economic Zone down by 1.23%, Power Grid Corp down by 1.07% and Titan Company down by 0.97% were the top losers. (Provisional)

Meanwhile, India has initiated a probe into an alleged dumping of certain steel items from China, Indonesia and Vietnam following a complaint by domestic players. The Commerce Ministry's arm, Directorate General of Trade Remedies (DGTR), has initiated the anti-dumping probe into the import of ‘Cold rolled flat products of 300 and 400 series’ from these three countries. Indian Stainless Steel Development Association (ISSDA) has filed an application on behalf of domestic players for the same. The applicant has alleged that dumping has impacted them. They have requested the imposition of an anti-dumping duty on imports of these goods from these countries. 

The DGTR in a notification said on the basis of the duly substantiated application by the domestic industry, and having satisfied itself on the basis of prima facie evidence submitted by the domestic industry substantiating the dumping and consequent injury to the domestic industry, the Authority hereby initiates an anti-dumping investigation into the alleged dumping. The DGTR will determine the existence, degree and effect of the dumping. If it is established that the dumping has caused material injury to domestic players, the DGTR would recommend the imposition of the levy on imports of all these items. The finance ministry takes the final decision to impose duties.

The DGTR is also probing dumping of a number of other goods from China, including wallpapers, borosilicate table and kitchen glassware, and nylon. A similar investigation is underway against the dumping of medical examination rubber gloves from Malaysia and Thailand.

The CNX Nifty ended at 25077.65, up by 183.40 points or 0.74% after trading in a range of 24881.65 and 25095.95. There were 33 stocks advancing against 17 stocks declining on the index. (Provisional)

The top gainers on Nifty were Max Healthcare Inst up by 6.34%, Shriram Finance up by 3.90%, TCS up by 3.00%, Tech Mahindra up by 2.78% and Apollo Hospital up by 2.50%. On the flip side, Trent down by 2.30%, Tata Steel down by 1.65%, Adani Ports and Special Economic Zone down by 1.34%, Power Grid Corp down by 1.02% and NTPC down by 0.85% were the top losers. (Provisional)

European markets were trading mostly in red; France’s CAC fell 135.24 points or 1.67% to 7,946.30, UK’s FTSE 100 decreased 10.16 points or 0.11% to 9,481.09 and Germany’s DAX gained 7.5 points or 0.03% to 24,386.30.

Asian markets settled mostly higher on Monday, with Chinese, Taiwan and South Korean markets closing for holiday. Japan’s Nikkei average jumped to a record high, while the yen touched a fresh low since early August as pro-business leader Sanae Takaichi's victory in the ruling Liberal Democratic Party leadership race stoked bets on a revival in big spending and loose monetary policy. However, some gains were limited as the US government shutdown put the release of key economic data, including monthly jobs numbers, on hold. 

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

--

--

--

Hang Seng

26,957.77

-183.15

-0.67

Jakarta Composite

8,139.89

21.59

0.27

KLSE Composite

1,638.09

3.03

0.19

Nikkei 225

47,944.76

2,175.26

4.75

Straits Times

4,421.71

9.76

0.22

KOSPI Composite

--

--

--

Taiwan Weighted

--

--

--


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