Markets Hit Day’s High: Sensex Up 240 Points, Nifty Above 25,130 as Metal and Pharma Stocks Rally

By Rakesh

Synopsis : Indian markets gained momentum on Thursday, with the Sensex and Nifty climbing higher led by metal and pharma stocks. Broader markets also traded in the green despite mixed global cues and lingering geopolitical uncertainty.


Markets Hit Day’s High: Sensex Up 240 Points, Nifty Above 25,130 as Metal and Pharma Stocks Rally


Stock Market LIVE Updates | October 9, 2025:

The Indian equity markets edged higher on Thursday, extending their positive momentum as investors bought into metal and pharma stocks, pushing benchmark indices to the day’s highs.


Despite early volatility and cautious global sentiment, Indian equities found support from strong performances in key sectors. At 11:00 AM, the BSE Sensex rose 135 points or 0.16% to 81,908, while the NSE Nifty50 advanced 58 points or 0.23% to 25,104, holding firm above the 25,100 mark.


In the broader markets, the Nifty Midcap100 gained 0.56%, while the Nifty Smallcap100 was up 0.10%, reflecting steady investor appetite in mid and small-cap counters.


Among Sensex constituents, Tata Steel led the rally with a gain of 3%, followed by HCL Tech, Eicher Motors, L&T, and Sun Pharma, which rose between 1–1.85%. On the downside, Tata Motors, Axis Bank, Maruti Suzuki India, HDFC Bank, and Power Grid were among the top laggards, falling up to 1.2%.


Sector-wise, Nifty Metal surged 1.5%, driven by strong demand and price action in base metal stocks. Nifty Pharma rose 1.2% amid defensive buying, while Nifty Realty gained 0.6%. Conversely, Nifty Bank, Auto, and FMCG indices traded slightly in the red, reflecting mild profit booking.


On the global front, Asian markets mirrored Wall Street’s strength, where the S&P500 and Nasdaq Composite closed at record highs overnight. However, sentiment was tempered by uncertainty following US President Donald Trump’s statement on the initial phase of a US-brokered Israel-Hamas peace plan, which failed to spark a strong risk-on rally.


Q2 Results in Focus:


The earnings season continued to drive stock-specific movements, with major companies such as Tata Consultancy Services (TCS), Tata Elxsi, GM Breweries, Eimco Elecon (India), Aris International, Ashiana Ispat, Avasara Finance, Evoq Remedies, and Triton Corp set to announce their Q2 results today.


Investors are closely monitoring these updates for cues on corporate performance and broader economic momentum ahead of the festive season.


Disclaimer : This article is for informational purposes only and should not be considered as investment advice. Investors are advised to consult certified financial experts before making any trading or investment decisions.

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