Nifty surges ahead as Bank Nifty accelerates toward its all-time high, while the Nifty Defence index (+1.51%) shifts into top gear.
Early trends indicate that the momentum remains firmly with the bulls, though caution lingers as fresh weakness across global markets could temper sentiment later in the session.
Nifty (+91, 25676)
Sensex (+325, 83794)
Bank Nifty (+118, 57529)
Nifty (CMP: 25676)
SUPPORT: 25571/25301
RESISTANCE: 25900/26277
TRADING RANGE (25600-25750)
BIAS: Positive
SECTOR GAINER:
NIFTY DEFENCE (+1.23%)
NIFTY FMCG (+1.16%)
NIFTY CONSUMER (+0.99%)
SECTOR LOSER:
NIFTY IT (-1.34%)
NIFTY MEDIA (-1.18%)
NIFTY PSU BANKS (-0.53%)
STOCKS IN SPOTLIGHT:
1) Wipro slipped 4.53% after reporting a 2.53% sequential decline in consolidated net profit to ₹3,246.2 crore, despite a 2.54% increase in revenue to ₹22,697.3 crore in Q2 FY26 over Q1 FY26.
2) Infosys fell 1.16% even as the company posted a 6.4% rise in consolidated net profit to ₹7,364 crore on a 5.2% increase in revenue to ₹44,490 crore in Q2 FY25, compared to the previous quarter.
3) Zee Entertainment Enterprises declined 2.79% after its consolidated net profit slumped 63.47% YoY to ₹76.5 crore, with total income down 1.57% to ₹1,969.2 crore in Q2 FY26. The sharp drop was attributed to lower advertising revenue, partially offset by higher subscription income.
KEY THEMES FOR THE DAY:
The Biggest-Positive Catalyst: FII Inflows Turnaround..
Our call of the day which suggests the biggest risk for Nifty and its stocks are:
1) Renewed US-China trade war!
2) Hurting sentiments are also the US Bank Worries which Sparked Flight to Safety.
Q2 Indian corporate earnings to trickle in this week:
Key Earnings on radar: Friday, October 17 – Reliance Industries, the centerpiece of the earnings season.
Top Index Gainers:
ASIAN PAINTS (+5.02%)
M&M (+1.89%)
MAX HEALTH (+1.6%)
BEL (+1.58%)
BHARTI AIRTEL (+1.55%)
Top Index Losers:
WIPRO (-4.53%)
INFY (-1.91%)
ETERNAL (-1.54%)
TECH MAHINDRA (-1.02%)
ONGC (-0.95%)
# 10:45 AM GLOBAL UPDATE:
Dow Futures: (-176, 45772)
Nasdaq 100 Futures (-143, 24513)
Nikkei (-686, 47593)
Hang Seng (-483, 25428)
Dollar Index (-0.20%, 98.16)
WTI OIL (-0.26%, 57.30)
Gold (+31, 4360)
Securities in Ban for Trade Date: Friday, October 17th 2025*
SAMMAANCAP
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