Markets Rebound Ahead of Q2 Results; Metals and IT Lead the Charge as Sentiment Improves

📰Daily Market Wrap-Up by Stock Whisperers- October 09, 2025

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thestock whisperers
October 09, 2025

October 09, 2025

📈 Market Overview:

Market Overview

Summary of the Day's Market Performance

  • The Sensex gained 398.44 points (+0.49%) to close at 82,172.10, ending higher.

  • The Nifty rose 135.65 points (+0.54%) to 25,181.80, finishing near 25,200.

  • Midcap index jumped 0.9%, while Smallcap index ended flat at 0.3%, showing mixed broader market trends.

  • Pharma, Oil & Gas, Realty, Metal, PSU Bank, and IT added 0.5-1%, driving sectoral gains.

💸 Market Transactions:

  • Foreign Institutional Investors (FII): Bought ₹1,308.16 crore

  • Domestic Institutional Investors (DII): Bought ₹864.36 crore

FII and DII inflows supported the market’s upward momentum.

📊📑 Important Observations and Market Sentiments: Editor Special

  • The domestic market rallied amid Q2 FY26 earnings, with Metals outperforming on rising base metal prices. IT stocks gained on attractive valuations (below long-term averages) and U.S. recovery signs, despite muted Q2 expectations for finance and export sectors like IT and Pharma.

  • A strong H2FY26 rebound is forecast, driven by domestic demand, GST 2.0 benefits (effective September 22), and festive season tailwinds. Global uncertainties (U.S. tariffs at 50%) persist, but potential tariff exclusions for generics boosted Pharma. Analysts expect Nifty to consolidate around 25,100–25,300, with support at 25,000—watch earnings commentary.

❓ DO YOU KNOW?

Silver futures hit ₹1.56 lakh/kg today, driven by global risk aversion and China’s stimulus, boosting related stocks like Hindustan Zinc and MCX.

📰Stock News:

Key Stock Movements and News

  • Top Gainers: HCL Technologies, JSW Steel, Tata Steel, SBI Life Insurance, and Interglobe Aviation

  • Top Losers: Tata Consumer, Axis Bank, Maruti Suzuki, Titan Company, and Bharti Airtel

  1. TCS reported a 16.2% YoY order book growth to $10 billion in Q2, with net profit up 1.4% to ₹12,075 crore; it declared a ₹11 dividend and unveiled a 1 GW AI datacentre plan, boosting shares.

  2. GMDC jumped 7% as India prepares a ₹7,300 crore rare earth magnet production scheme, with the stock up 134% in six months.

  3. MCX and Hindustan Zinc rose up to 7% as silver futures topped ₹1.56 lakh/kg, lifting the Nifty Capital Markets index 2%.

  4. Swiggy and Eternal gained up to 3% as Citi raised price targets, citing Blinkit’s stellar growth and dark store expansion.

  5. Aurobindo Pharma and Lupin rose up to 4% on reports Trump may exclude generic drugs from tariffs, per the Wall Street Journal.

  6. L&T gained 1.5% after securing a ₹15,000 crore ultra-mega hydrocarbon order in the Middle East for an NGL plant.

  7. Lupin shares rose 3% on plans for a $250 million manufacturing facility in Florida.

  8. LG Electronics IPO crossed a ₹4 lakh crore subscription, with allotment expected by October 10 and listing on October 14.

Nifty Targets 25,400 Amid Q2 Earnings Surge and Volatility Alerts

Weekly Stock Markets Rundown: 06-10 October 2025

The week of October 6-10, 2025, starts with Nifty at 24,894.25 and Sensex up 0.28%, poised for upside to 25,400 amid Q2 earnings and IPOs, but volatility peaks on October 6,7,9. US Powell speech, jobless claims, and Eurozone PMI will guide global flows, while FII outflows persist against DII support. Nifty's bullish EMAs hold above 24,800 support; focus on IT, banking, renewables, and cement for gains in a data-heavy stretch.

👀Stocks to Focus:

  • TCS: Q2 growth and AI plans to monitor.

  • Lupin: U.S. expansion and tariff relief to watch.

  • GMDC: Rare earth scheme impact to observe.

📝Summary:

Indian markets rose 0.54%, with Nifty near 25,182, lifted by Q2 earnings and metal price gains. IT and Pharma outperformed, while consumer stocks lagged. FII/DII inflows fueled gains—focus on earnings and tariff updates!

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Disclaimer: The Stock Whisperers is a media platform providing educational and informational content related to the stock market. We do not offer investment advice, stock recommendations, or tips. Readers should consult a SEBI-registered advisor before making any investment decisions.