On Monday, October 6, Indian equity benchmark indices closed higher for the third consecutive day. Both the Nifty and the Sensex have gained nearly 2% over the last three trading sessions. India’s volatility gauge, the India VIX, rose over 1%.
At the close, the Nifty 50 advanced 183.40 points, or 0.74%, to settle at 25,077.65, while the Sensex climbed 582.95 points, or 0.72%, to end at 81,790.12. The rally was led by financial stocks after upbeat business updates, while IT stocks gained ahead of the Q2 earnings season.
On the sectoral front, 7 out of 11 sectors closed in positive territory. The Bank Nifty index advanced for the fifth straight session, rising 515 points or 0.93% to reclaim the 56,000 mark, with 10 out of 12 constituents trading in the green. The gains followed strong second-quarter business updates from HDFC Bank and Kotak Mahindra Bank.
The Nifty Financial Services and Private Bank indices were up over 1% on an intraday basis, while the Nifty PSU Bank index added 0.4%.
The Nifty IT index surged 2.28% ahead of the results season, emerging as the top-gaining sector of the day. IT major Tata Consultancy Services (TCS) will kick off the earnings season this week with its quarterly results on October 9.
Meanwhile, broader markets continued their uptrend, with both the Nifty Midcap and Nifty Smallcap indices ending in positive territory.
Among individual stocks,
The Nifty IT index topped the chart with a surge of 2.28%, recording the highest intraday gains since September 10, with all 10 constituents ending in positive territory. On the flip side, the Nifty Media index declined by 0.9%.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended on a positive note on Monday. The Mid-cap 100 index ended up by 0.89% and the Small-cap 100 closed up by 0.28%, extending gains for 3 consecutive days.
As of October 6, 2025, the market breadth was in favour of declining stocks. Out of 3,216 stocks traded on the NSE, 1,386 advanced, 1,730 declined, and 100 remained unchanged.
A total of 113 stocks touched their 52-week highs, while 73 hit their 52-week lows. Additionally, 113 stocks were locked in their upper circuits, whereas 83 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.
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