Nifty 50 closed at 25,573.90, up by 251.15 points (0.99%). Bank Nifty closed at 57,414.45, up by 614.55 points (1.08%). Sensex closed at 83,418.79, up by 813.36 points (0.96%).
BSE Midcap index up 0.3 percent, and smallcap index up 0.4 percent. Except for PSU Bank, all other sectoral indices are trading in the green. Nestle, Titan Company, Kotak Mahindra Bank, Tata Consumer, Axis Bank are among the major gainers on the Nifty, while losers are HDFC Life, Shriram Finance, SBI Life Insurance, Infosys, Sun Pharma.
US Markets
- Dow Jones Futures zoomed by 127.00 points, up by 0.25%, currently trading at 46,603.00 as of October 16, 2025.
European Markets
- FTSE (UK) decreased by 0.42 points, down by 0.0027%, standing at 9,422.
- CAC (France) jumped by 34.95 points, up by 0.43%, at 8,111.95.
- DAX (Germany) jumped by 6.39 points, up by 0.024%, at 24,186.47.
Global events/updates:
Top European Central Bank officials signaled cautious optimism amid persistent inflation. Joachim Nagel warned that global tariff disputes hurt all economies, while noting Germany’s improving outlook as a positive sign. François Villeroy de Galhau said the ECB is well-positioned but must remain flexible and pragmatic in its monetary policy approach to manage inflation effectively.
European stocks traded slightly higher on Thursday amid market volatility. The Stoxx 600 rose 0.1%, though most major indices remained in the red. France’s CAC 40 gained 2% Wednesday after the government paused pension reforms. Weak U.K. growth data and Switzerland’s lower forecast added pressure, while optimism grew from Asia’s improved IMF outlook.
Nestlé announced plans to cut 16,000 jobs under new CEO Philipp Navratil to boost efficiency and speed up its turnaround. The company raised its cost-saving target to 3 billion Swiss francs by 2027. Strong Q3 results, including 4.3% organic growth and positive RIG, lifted shares 7.2%, signaling improved performance despite China weakness.
Former Meta executive Nick Clegg cautioned that the AI market faces a high chance of correction amid a frenzy of nonstop deal-making. Speaking to CNBC, he emphasized that while AI’s future is certain, many claims about superintelligence are exaggerated, urging a more realistic view of the technology’s near-term potential and impact.
The U.S. FCC has launched proceedings to block Hong Kong’s major telecom company HKT and its subsidiaries from connecting to American networks, citing national security risks. Chairman Brendan Carr called the move essential for protecting the safety and integrity of U.S. communications, signaling increased regulatory scrutiny on foreign telecom firms operating in sensitive infrastructure.
Stock news
Godavari Biorefineries Ltd – Shares surged 10% after the company received a European patent for its Anti-Cancer Research segment. The patent covers novel compounds targeting cancer stem cells, showing potential for treating cancers like breast and prostate with detailed synthesis processes.
Rajesh Power Limited – Shares rose 3.88% after securing a ₹921.89 crore domestic contract from UGVCL. The turnkey project involves replacing overhead power lines with underground cables and installing new conductors across Gujarat, to be completed over 18 months.
Allcargo Terminals – Shares jumped 13% following a business update reporting September CFS volumes of 59,700 TEUs, up 18% YoY and 5% QoQ, highlighting strong operational performance and improving investor sentiment for the logistics company.
Craftsman Automation Limited – Shares rose 7% as commercial operations commenced at its new SIPCOT plant in Shoolagiri, Hosur. The expansion is expected to increase production capacity and support the company’s long-term growth plans, attracting positive investor attention.
Nestle India Ltd – Shares climbed 3.2% as revenue grew 10.8% YoY and 11.3% QoQ, though net profit fell 17.4% YoY but rose 14.9% QoQ, reflecting stronger sales amid rising raw material costs and tariff-related challenges.
Ashok Leyland Ltd – Shares rose 1.5% after winning a ₹668.76 crore order for 1,937 buses from Tamil Nadu State Transport, including BS VI diesel chassis and low-floor fully built buses, to be delivered between October 2025 and January 2027.
TAC Infosec Ltd – Shares hit a 5% upper circuit, driven by strong financials. Revenue grew 130.7% YoY and 59.5% QoQ, while net profit surged 138.5% YoY and 87.6% QoQ, boosted by growing investor confidence and stakeholding by Vijay Kedia.
D B Corp Ltd – Shares rose 0.77% as revenue increased 9.9% YoY and 9.8% QoQ, with net profit up 13.2% YoY and 15.6% QoQ, reflecting steady performance in publishing and advertising operations.
Indian Overseas Bank – PSU bank gained focus after reporting a 58% YoY profit increase to ₹1,226 crore. Net interest income rose 21% YoY, asset quality improved, and strong advances and deposits drove robust growth.
Indian Bank Ltd – Shares rose 1.96% as revenue grew 8.1% YoY and 1.9% QoQ, while net profit increased 11.5% YoY and 1.5% QoQ, reflecting steady operational and financial performance.
Shyam Metalics & Energy Ltd (SMEL) – The company unveiled Vision 2031, aiming to grow revenue 2.5x to ₹40,000 crore, expand capacity from 15 to 27 MT, boost exports, and invest ₹10,000 crore, supporting defence, railways, and infrastructure sectors.
Kajaria Ceramics Ltd – Shares rose 2.44% after reporting Q4 revenue up 2% YoY and 8% QoQ, profit up 60% YoY and 22% QoQ, along with an 800% dividend of ₹8, reinforcing its market-leading position.
Fischer Medical Ventures Ltd – Shares rose 2.67% as FMV Global Innovation secured all licenses to compete in Indonesia’s End-TB handheld X-ray tender, supporting the country’s goal of eradicating tuberculosis by 2030.
EMS – Shares rose 2.3% after securing a ₹184 crore domestic order for the construction of components for the Fatehpur Sewerage and sewage treatment project, highlighting continued growth in infrastructure contracts.
Mold-Tek Technologies – Shares rose 4% after the board approved a $100,000 investment in Beryl Engineering Inc., alongside a $4 million loan to support strategic expansion and working capital requirements in the U.S. market.
Bharat Forge – Shares rose 3% as Rolls-Royce expanded its partnership to manufacture fan blades for Pearl 700 and 10X engines in India, supporting local supply chain growth and doubling in-country sourcing by 2030.
Desco Infratech Ltd – Shares rose 2% after signing an MoU with KPI Green Hydrogen and Naveriya Gas for hydrogen-natural gas blending projects, with Desco providing technology expertise and partners funding renewable energy infrastructure.
Supreme Power Equipment Ltd – Shares rose 2% after securing a ₹5.06 crore order from a Karnataka EPC company to supply two 20MVA, 110/11KV power transformers, boosting its transformer segment and reinforcing market presence.
Brokerage Recommendations
Thyrocare Tech
- Target Price:- Rs 1560 apiece
- Upside:- 22.45%
- By ICICI Securities Limited
ICICI Prudential
- Target Price:- Rs 720 apiece
- Upside:- 22.59%
- By ICICI Securities Limited
Tech Mahindra
- Target Price:- Rs 1620.00 apiece
- Upside:- 10.54%
- By Axis Direct
Tech Mahindra
- Target Price:- Rs 1,680 apiece
- Upside:- 14.64%
- By ICICI Direct
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| BLS International (16.12%) | KEI Industries (-5.58%) |
| Ather Energy (7.88%) | Netweb Technologies (-4.8%) |
| Craftsman Automation (6.08%) | Anant Raj (-4.56%) |
| Apar Industries (5.49%) | Max Financial (-3.65%) |
| Cyient (5.23%) | Tata Investment (-3.4%) |
Conclusion:- Markets closed higher on October 16, 2025, with Nifty up 0.99% and Sensex gaining 0.96%, led by Nestle, Titan, Kotak, and Tata Consumer. Strong domestic earnings, strategic orders, and positive global cues supported investor sentiment, while AI caution, Fed policy, and European inflation remained in focus. BLS International, Ather Energy, and Craftsman Automation led gains, while select financials and tech lagged.
Written by Abhishek Singh
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