Nifty and Sensex Close in Green: Aviation and Trading Sectors Lead the Charge
Indian stock markets ended positively, with Nifty 50 up 0.41% at 25,285.35 and Sensex gaining 0.40% to 82,500.82. Aviation and Trading sectors led gains, while Commercial Services and Forest Materials faced losses. TCS, Tata Motors, and Reliance Industries were among the buzzing stocks. Market breadth was positive with 2,641 advancing scrips out of 4,522 traded.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets concluded on a positive note, with both the Nifty 50 and BSE Sensex registering gains. The Nifty 50 closed at 25,285.35, up 103.55 points or 0.41% from the previous close. Similarly, the BSE Sensex ended at 82,500.82, gaining 328.72 points or 0.40%.
Sectoral Performance
The day saw a mixed bag of sector-wise performances, with some sectors showing strength while others faced headwinds.
Top Performing Sectors
| Sector | Average Percentage Change |
|---|---|
| Aviation | 2.98% |
| Trading | 2.32% |
| Banks | 1.65% |
| Power | 1.46% |
Top Losing Sectors
| Sector | Average Percentage Change |
|---|---|
| Commercial Services | -11.37% |
| Forest Materials | -10.97% |
| Financial Services | -6.82% |
| Food Products | -6.53% |
| Energy | -6.31% |
Buzzing Stocks
Several stocks made headlines during the trading session:
TCS: The IT giant announced plans to create 5,000 new jobs in the UK over the next three years and launch an AI Experience Zone and Design Studio in London. The company's strong quarterly results and deal wins were highlighted by analysts.
Tata Motors: The stock gained nearly 1% to Rs 686.20, breaking a five-day losing streak as investors prepare for the upcoming demerger record date on October 14.
Reliance Industries: The company's board is set to meet on October 17 to approve Q2 FY2026 financial results. The Bombay High Court also issued an interim injunction protecting RIL's 'Jio' trademark.
SpiceJet: The airline announced plans to add 20 aircraft to its operational fleet by November, including one Airbus A340 and two Boeing 737s.
InterGlobe Aviation: Goldman Sachs maintained a positive outlook on the stock, projecting strong international expansion and setting a target price of Rs 6,000.
Mahindra & Mahindra: The automaker reported a 24.4% increase in Q2 automobile production and a 14% rise in vehicle sales compared to the previous year.
Market Breadth
The overall market breadth was positive, indicating a bullish sentiment among investors.
| Category | Number of Scrips |
|---|---|
| Total Scrips Traded | 4,522 |
| Positive Scrips | 2,641 |
| Negative Scrips | 1,881 |
Conclusion
The Indian stock markets ended the day on a positive note, with the aviation and trading sectors leading the gains. Despite some sectors facing pressure, the overall market sentiment remained upbeat, as reflected in the positive market breadth. Investors will be closely watching upcoming quarterly results and global cues for further market direction.
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