🏁 Market Close & Index Levels
Post-Market Report- Markets closed at Nifty 50 ended at 25,108.30, up ~30.65 points (0.12 %)
Sensex gained 136.63 points, closing at 81,926.75
Bank Nifty up 134.5 points closed at 56239.25 forming a bullish candle despite some profit booking.
Overall, the market dialed in gains but moderated strength late in the session — confidence mixed with caution.
📈 Post-Market Report Today-Top Gainers & Top Losers
Top Gainers
1.Divi’s Laboratories (jumped ~5 %) was among the top movers on the day
2.Bajaj Holdings added ~3 % and featured in the leading gainers list
3.Jio Financial also led gains among financials
Top Losers
1.Tata Steel slipped ~1–2 %
2. IndusInd Bank underperformed some peers despite small gains earlier in day
The disparity highlights rotation and selective buying rather than broad strength.
🌐 Sector Trends & Market Themes
Financials / Banking continued to lead the rally.
Lending reforms and strong credit growth cues supported this sector’s strength.
Telecom / Consumer / Pharma / Oil & Gas also saw gains, benefiting from a mix of earnings anticipation and defensive tilt.
Metals / Industrials lagged slightly amid input cost pressures and weaker commodity sentiment.
The market breadth was positive — more stocks advancing than declining — but strength was concentrated in a few key sectors.
⚡ Volatility & Technical View
India VIX showed signs of support to bulls — after recent swings, implied volatility seems to be settling into a calmer regime.
According to technical commentators, Bank Nifty formed a bullish candle with a long upper shadow but the trend remains intact over 5–6 sessions.
For Nifty, the uptrend depends on it defending the 25,000 zone.
If it holds and momentum sustains, a push toward 25,200+ is possible.
Key levels to keep in mind:
Support: ~ 25,000, ~ 24,700
Resistance: ~ 25,200 – 25,400
A break above resistance with volume & rising open interest would signal continuation; a failure to hold support may invite a pullback.
🧮 FII & DII Data
According to NSE data, for October 7
DII net buying in Indian cash markets was ₹452.57 Crores
FII / FPI also after long time turn net buyers in cash-markets ~ 1440.66 Crores.
🏢 IPO & Primary Market Highlights
The Tata Capital IPO and LG Electronics India IPO continue to be in focus — these large issues are expected to draw significant capital flows and may shape market rotation.
IPO subscription status: Tata Capital saw ~0.63x subscription (i.e. undersubscribed) as of allotment day.
LG Electronics India also showed muted subscription in some categories.
New listings and large IPOs are creating both liquidity pull and stock-specific volatility — small/midcap names may rotate as capital reallocates.
🔍 Stock of the Day
Divi’s Laboratories deserves the spotlight as “Stock of the Day.” It rallied ~5% on strong buying interest, outperforming broader markets.
Should such momentum sustain, it may offer swing opportunities.
Just watch how it holds above intraday support zones and whether volume confirms the move.
📈 Trade Ideas:
Short-Term & Long-Term
Short-Term / Swing Ideas
Ride the momentum in financials / banking (Kotak, HDFC, etc.) with tight stops.
Telecom / pharma / consumer names look attractive as rotation picks.
Selective bet in IPO stocks or names reacting to earnings — but exercise discipline.
Long-Term / Core Picks
Large banks & NBFCs that can ride credit growth cycles.
Quality telecom / digital infrastructure names with recurring revenue streams.
Pharma, consumer goods for stability and earnings diversification.
Entry strategy: accumulate on dips, use technical support as stop zones, avoid chasing in overheated moves.
✅ Final Takeaway
October 7 saw a tempered but steady upmove. Sentiment remains positive thanks to lending reforms, strong credit cues, and earnings anticipation.
But the market remains vulnerable to global shocks and FII flows.
The battlefield is between 25,000 as base vs ~25,200–25,400 resistance.
More details 👇