Mumbai – Indian stock markets continued their strong rally on Thursday, October 16, 2025, with the benchmark Sensex and Nifty rising for the second consecutive day amid positive global cues and growing hopes of a US Federal Reserve rate cut. The BSE Sensex surged 862.23 points (1.04%) to close at 83,467.66, while the NSE Nifty50 rose 261.75 points (1.03%) to settle at 25,585.30, both marking gains of over 1% from the previous day. Market Performance Both BSE and NSE closed over 1% up from yesterday. Banking and automobile stocks led the charge. Key Gainers and Losers Top gainers include Kotak Mahindra Bank, Titan, Axis Bank, Adani Ports, Mahindra & Mahindra, Reliance Industries, Tata Motors and HDFC Bank . Eternal and Infosys notable laggards. Market Drivers Market rally was fueled by investor confidence stemming from strong Asian and European market rallies. Optimism around potential US Fed rate cuts this month, and positive developments in India-US trade talks. Institutional Flows Foreign Institutional Investors (FIIs) bought equities worth Rs 68.64 crore on Wednesday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 4,650.08 crore, according to exchange data. Indian Stock Market was up yesterday, October 15, 2025, after declining previous two sessions. |
Indian Stock Market Surges for Second Day on Global Optimism
