Will Sensex and Nifty Continue Their Winning Streak?
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Synopsis
The Indian stock market sees a continuous rise as both Sensex and Nifty have closed positively for the second day, reflecting strong investor confidence amid favorable quarterly earnings. What factors are contributing to this optimistic trend and what might the future hold? Discover the insights behind the numbers and market performance in this detailed report.
Key Takeaways
- Sensex surged by 862.23 points to 83,467.66.
- Nifty advanced by 261.75 points to 25,585.3.
- All sectoral indices, except Nifty PSU Bank, closed in the green.
- Key sectors driving gains include FMCG and Realty.
- Investor sentiment boosted by positive global cues and trade discussions.
Mumbai, Oct 16 (NationPress) The Indian stock market has successfully extended its winning streak on Thursday, with both Sensex and Nifty closing higher for the second consecutive session.
The upward trajectory was fueled by strong buying in select stocks during this ongoing second-quarter (Q2) earnings season.
At the end of trading, the Sensex surged by 862.23 points, or 1.04 percent, settling at 83,467.66. Similarly, the Nifty advanced by 261.75 points, or 1.03 percent, to conclude the day at 25,585.3.
“The bulls remained in control for the second straight session as Nifty surpassed the psychological barrier of 25,500,” noted market experts.
“The index also broke through a significant falling trend line that connects all key peaks since the previous record high of 26,277, suggesting potential for further growth in upcoming sessions,” they added.
Analysts pointed out that the overall trend appears positive, with the Nifty anticipated to reach 25,800–26,000 levels in the short term, while support has shifted higher to around 25,420.
Broader markets also concluded positively, with the Nifty MidCap 100 index rising by 0.46 percent and the Nifty SmallCap 100 gaining 0.24 percent.
Except for the Nifty PSU Bank, which dipped by 0.44 percent, all sectoral indices closed in the green. The Nifty FMCG and Realty indices led the rally, rising by 2.02 percent and 1.90 percent, respectively.
Among individual stocks, Titan, Kotak Mahindra Bank, and Axis Bank were the top gainers on the Sensex, while Infosys and Eternal lagged behind.
Market experts indicated that the domestic markets continued their recovery, bolstered by positive global cues and optimism surrounding ongoing India–US trade discussions. The gains were widespread, driven by buying in Realty, Auto, FMCG, and Private Banking stocks.
They further added that investor sentiment was enhanced by expectations of a demand recovery in Q3FY26, early signs of foreign inflows, dovish signals from the US Federal Reserve, and a weaker dollar index. The recent appreciation of the Indian rupee also contributed to the positive market sentiment.
Analysts believe that while the near-term momentum remains robust, the market's sustained performance will hinge on corporate earnings growth and significant developments in global trade.
Point of View
I observe that the current trends in the Indian stock market showcase resilience amid global uncertainties. The optimism surrounding Q2 earnings, combined with supportive policies and favorable global cues, reflects a robust market sentiment. We remain committed to providing our audience with accurate and timely information to navigate these dynamic times.
NationPress
16/10/2025
Frequently Asked Questions
What is the current trend in the Indian stock market?
The Indian stock market is witnessing a positive trend, with both Sensex and Nifty closing higher for the second consecutive day, driven by strong investor sentiment and positive earnings reports.
What factors are contributing to the gains in Sensex and Nifty?
The gains are primarily attributed to strong buying in select stocks during the ongoing Q2 earnings season, as well as positive global cues and optimism surrounding India–US trade discussions.
What are analysts predicting for Nifty in the near term?
Analysts are optimistic, predicting that Nifty may head towards 25,800–26,000 levels in the short term, with support now around 25,420.
Which sectors are performing well in the current market?
Key sectors leading the market rally include Realty, Auto, FMCG, and Private Banking, with notable gains in the Nifty FMCG and Realty indices.
How is the Indian rupee impacting the stock market?
The recent appreciation of the Indian rupee has supported positive market sentiment, contributing to the overall gains in the stock market.
