Market Overview: Sensex and Nifty End Higher
The Indian stock market started the week on a strong note as Sensex and Nifty 50 closed higher on Monday, October 6, 2025. The Nifty 50 surged 0.74% to settle at 25,077.65, while the BSE Sensex rose 0.72% to close at 81,790.12.
Market sentiment remained upbeat, driven by global cues and robust banking sector performance. The GIFT Nifty was up 11 points at 25,158 as of 7:15 a.m., indicating a slightly positive opening for Tuesday’s trade.
Global Market Cues: Mixed Signals from US and Europe
US equity futures ticked lower as political uncertainty resurfaced after President Donald Trump stated he would negotiate health care reforms with Democrats only after the government reopens.
- S&P 500 futures fell 0.1%, signaling a cautious mood among investors.
- European contracts, however, traded higher during the Asian session, offering some relief to global markets.
Asian stocks were mixed amid volatile oil prices and renewed interest rate discussions by central banks.
Stocks to Watch Today (October 7, 2025)
Several key stocks are expected to be in focus during today’s trading session. Analysts predict Bank of India, Adani Enterprises, Tata Steel, and HDFC Bank could see strong activity.
1. Bank of India (BOI)
- Reported 11.8% year-on-year (YoY) growth in global business to ₹15.61 lakh crore as of September 30, 2025.
- Global deposits rose 10.08% YoY to ₹8.53 lakh crore, while global gross advances climbed 13.94% to ₹7.08 lakh crore.
- On the domestic front, deposits increased 8.53% YoY to ₹7.30 lakh crore, showing healthy loan and deposit growth.
Market View: Analysts expect a positive outlook for the banking sector as strong loan growth and stable asset quality boost investor confidence.
Adani Enterprises and Infrastructure Stocks in Focus
Adani Enterprises is likely to remain in focus today as infrastructure-linked stocks continue to benefit from government capital expenditure plans. Rising commodity prices and robust order inflows have fueled optimism across construction and energy segments.
IPO Watch: Grand Housing Files DRHP with SEBI
Chennai-based Grand Housing, a real estate development company, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an upcoming Initial Public Offering (IPO).
Key Details:
- Face Value: ₹5 per equity share
- Offer for Sale (OFS): Up to 35,500,000 equity shares by promoter Mr. Vijay Surana J.
- Incorporated: 2004
- Business Focus: Real estate development, particularly plotted residential and industrial projects in Tamil Nadu, mainly Chennai and surrounding areas.
The company focuses on developing residential land plots ranging from 600 sq. ft. to 2,400 sq. ft., priced between ₹1,500 and ₹5,000 per sq. ft.
Grand Housing also develops industrial plots by acquiring and integrating large contiguous parcels of land to create cost-effective industrial zones.
Upcoming IPO Alert: Canara Robeco Asset Management Company
Canara Robeco AMC is set to open its Initial Public Offering (IPO) on Thursday, October 9, 2025.
IPO Details:
- Price Band: ₹253 – ₹266 per equity share
- Type: Fresh issue and offer for sale
- Objective: The company aims to strengthen its capital base and expand its fund management capabilities.
Market experts expect strong investor interest, given the company’s established reputation and consistent performance in the mutual fund industry.
Sectoral Outlook
1. Banking and Financials
The banking sector remains robust amid rising credit demand and stable interest margins. Stocks like HDFC Bank, ICICI Bank, and SBI may extend gains as quarterly earnings approach.
2. Real Estate
Positive sentiment continues in the real estate sector following fresh IPO filings and steady housing demand in metro cities like Chennai, Bengaluru, and Pune.
3. IT and Technology
Tech stocks may see range-bound trading as investors await US economic cues and Q3 earnings reports.
Technical View: Nifty May Face Resistance Around 25,200
Analysts project that the Nifty 50 may find immediate resistance at 25,200, while support lies near 24,900.
- A breakout above 25,200 could trigger a short-term rally toward 25,350–25,400 levels.
- Traders are advised to maintain a buy-on-dips strategy amid the ongoing bullish sentiment.
Expert Recommendations for Today (October 7, 2025)
Top Stock Picks:
- Bank of India – Buy, Target: ₹270, Stop Loss: ₹240
- Adani Enterprises – Buy, Target: ₹3,000, Stop Loss: ₹2,850
- Tata Motors – Buy, Target: ₹1,200, Stop Loss: ₹1,130
- Infosys – Hold, Target: ₹1,750, Stop Loss: ₹1,690
- HDFC Bank – Buy, Target: ₹1,780, Stop Loss: ₹1,720
Analysts’ Note: Momentum indicators remain strong for banking and auto sectors, while IT may show mild consolidation.
Global Economic Updates
- Oil Prices: Brent crude hovered near $85 per barrel, providing some stability to energy stocks.
- Gold Prices: Slightly firmed amid geopolitical concerns, trading around $2,350/oz.
- US Dollar Index: Eased slightly, benefiting emerging market currencies like the Indian rupee.
Conclusion: Positive Start Expected
With GIFT Nifty trading higher, the Indian stock market is poised for a steady opening on October 7, 2025. Investors should track banking, infrastructure, and IPO-linked stocks closely for short-term opportunities.
The day’s focus remains on Bank of India’s strong performance, upcoming IPOs, and global market cues influencing overall sentiment.
Key Highlights at a Glance
- Nifty 50 closed: 25,077.65 (+0.74%)
- Sensex closed: 81,790.12 (+0.72%)
- Top Sectors: Banking, Real Estate, Auto
- IPO Updates: Grand Housing, Canara Robeco AMC
- Today’s Outlook: Mildly bullish; buy-on-dips strategy recommended
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