Market Wrap: Nifty and Sensex Close in Green, Energy Sector Faces Headwinds
Nifty 50 and BSE Sensex ended in the green on October 17, with gains of 0.49% and 0.58% respectively. The Transport sector was the sole gainer, while Energy and Commercial Services faced significant losses. Market breadth was negative with 2,702 declining stocks out of 4,502 traded. HCL Technologies, Zomato, and Persistent Systems were among the buzzing stocks. Investors should watch for sector-specific trends in upcoming sessions.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets concluded on a positive note on October 17, 2025, with both benchmark indices, Nifty 50 and BSE Sensex, registering gains. The Nifty 50 closed at 25,709.85, up 124.55 points or 0.49% from its previous close. Similarly, the BSE Sensex ended the day at 83,952.19, marking an increase of 484.53 points or 0.58%.
Sectoral Performance
The day saw a mixed bag of sectoral performances, with some sectors facing significant headwinds while others managed to stay afloat.
Top Losing Sectors
| Sector | Average Percentage Change |
|---|---|
| Energy | -14.38% |
| Commercial Services | -12.13% |
| Forest Materials | -8.85% |
| Consumer Services | -8.08% |
| Utilities | -7.37% |
Top Performing Sector
| Sector | Average Percentage Change |
|---|---|
| Transport | 0.26% |
The Transport sector emerged as the sole gainer among the major sectors, albeit with a modest increase.
Buzzing Stocks
Several stocks made headlines during the trading session:
HCL Technologies: The company strengthened its partnership with Zscaler, focusing on AI-driven security and network changes.
Zomato: Reported mixed quarterly results with revenue surging but net profit declining. The company's quick commerce expansion plans and Blinkit's growth projections garnered attention.
Persistent Systems: Conducted a Non-Deal Roadshow with major institutional investors, reiterating information from its recent earnings call.
Thyrocare Technologies: Announced a 2:1 bonus share issue and plans to increase authorized share capital.
Zee Entertainment: Revised its advertising revenue growth estimate downward and expressed uncertainty about achieving its earlier margin guidance.
Infosys: Experienced a block trade worth Rs. 59.29 crores, while its ADRs declined despite beating earnings expectations.
Wipro: Shares declined despite better-than-expected quarterly results and significant deal wins.
Waaree Energies: Reported strong quarterly performance with significant year-on-year growth in total income and EBITDA.
ICICI Lombard: Faced a directive from the Orissa High Court for CBI reinvestigation into fraudulent motor accident claims.
HDFC Asset Management: Issued a postal ballot notice seeking shareholder approval for a 1:1 bonus share issue.
Market Breadth
The overall market breadth leaned towards the negative side:
| Category | Number of Scrips |
|---|---|
| Total Scrips Traded | 4,502 |
| Positive Scrips | 1,800 |
| Negative Scrips | 2,702 |
Conclusion
The Indian stock market closed on a positive note, with both Nifty 50 and Sensex registering gains. However, the broader market sentiment remained mixed, as evidenced by the negative market breadth and the underperformance of several key sectors, particularly Energy and Commercial Services. Investors should continue to monitor sector-specific trends and company performances in the coming sessions.
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