Nifty 50 closed at 25,331.10, up by 183.60 points (0.73%). Bank Nifty closed at 56,827.05, up by 328.05 points (0.58%). Sensex closed at 82,628.30, up by 598.32 points (0.73%).
The biggest Nifty gainers were Bajaj Finserv, Bajaj Finance, L&T, Nestle India, Asian Paints, while losers were Infosys, Tata Motors, Axis Bank, Tech Mahindra, and Kotak Mahindra Bank. All the sectoral indices ended in the green with the realty index up 3%, power, consumer durables, metal, and telecom indices up 1% each. The BSE midcap index added 1%, and the smallcap index jumped 0.7%.
US Markets
- Dow Jones Futures zoomed by 174.00 points, up by 0.37%, currently trading at 46,678.00 as of October 15, 2025.
European Markets
- FTSE (UK) decreased by 32.59 points, down by 0.34%, standing at 9,420.18.
- CAC (France) jumped by 196.55 points, up by 2.51%, at 8,118.59.
- DAX (Germany) jumped by 48.00 points, up by 0.17%, at 24,279.08.
Global events/updates
European stocks rebounded on Wednesday, led by luxury brands, after hitting two-week lows. France’s CAC 40 surged 2.5% following the suspension of Macron’s pension reform, while Italy and Germany gained modestly. LVMH and Christian Dior jumped over 12%, boosting the luxury index 6.2%. Investor sentiment eased despite U.S.-China trade tensions, with markets also eyeing updates from IMF and World Bank meetings.
U.S. markets struggled amid mixed trading as Trump threatened a cooking oil embargo on China, overshadowing positive news. Chinese prices fell more than expected in September, adding pressure. Meanwhile, ChatGPT plans to allow adult erotica content soon. Investors also noted an appealing European fixed-income opportunity highlighted by BlackRock, offering potential stability amid market volatility.
China’s top leaders will meet next week to outline five-year development goals, crucial for shaping progress toward 2035 amid rising tensions with the U.S. While the plan aims to boost tech innovation and economic growth, experts note China’s past efforts show mixed results, highlighting the challenge of achieving long-term targets under policy uncertainty and global pressures.
The German and Italian auto industry lobbies warned that China’s tightened export rules on rare earths could have serious consequences. As the clean energy transition drives growing demand for these critical minerals, industry leaders fear that global reserves may soon be depleted, posing risks to automotive production and supply chains for essential components and electric vehicles.
ASML reassured investors about 2026 growth despite warning of declining China sales. The chipmaker, boosted by AI-driven demand, reported €5.4 billion in Q3 orders. Management expects 2026 net sales to match or exceed 2025 and highlighted AI’s potential to add significant value, signaling confidence in its technology roadmap and long-term growth opportunities.
Stock news
RNFI Services Limited – 6% Up: RNFI Money Pvt Ltd upgraded its FFMC licence to Authorized Dealer Category II, expanding cross-border payment services. The move strengthens RNFI Services’ market footprint, regulatory readiness, and revenue growth prospects, marking a key strategic milestone.
GTPL Hathway Ltd –3% Down: Revenue rose 12% YoY, but net profit fell 46% YoY due to higher costs. Digital cable and broadband subscriber bases grew modestly, with broadband ARPU increasing. The company is progressing on FTTX readiness for 75% of its homepass.
Jindal Stainless – 2% Up: Jindal Stainless plans to double slag processing capacity at Jajpur with a $150 million investment, creating 140 jobs and advancing circular economy goals. This supports sustainability initiatives and the company’s Net Zero by 2050 commitment.
Power Mech Projects Limited – 4.75% Up: Power Mech secured a ₹2,500 crore BHEL order to provide the EPC package for the Singareni 1×800 MW Stage-II power project in Telangana, strengthening its project pipeline and reinforcing its presence in large-scale power infrastructure.
Asian Hotels (North) Ltd – 8% Up: Shares jumped after securing ₹764.94 crore investment from Elana Holdings through a preferential share issue. The funding supports expansion plans and strengthens the company’s financial position for strategic growth.
Umiya Buildcon Limited: Revenue surged 60% YoY and QoQ, but PAT fell 79% QoQ while rising 244% YoY. Despite strong top-line growth, profitability is volatile, reflecting project execution timelines and operational adjustments.
Leela Palaces Hotels & Resorts Limited: The company expects to exceed ₹100 crore quarterly profit in FY26, driven by strong occupancy and room rates. Expansion plans will increase properties from 13 to 22 and keys from 3,500 to 5,000, sustaining growth momentum.
Gateway Distriparks – 3% Up: Gateway completed its first double-stack train service from Ankleshwar to ICD Garhi, expanding domestic logistics into North India. EXIM operations will align with Dedicated Freight Corridor connectivity, enhancing multimodal efficiency and container transport capabilities.
Paytm – 3% Up: Axis Capital double-upgraded Paytm to “buy,” raising the target to ₹1,500. Strong earnings growth is expected from merchant payments, improving margins, stable UPI contribution, increased credit products, and strong regulatory and merchant relationships.
Panorama Studios International Ltd: The board approved a 5:2 bonus issue and increased authorised share capital from ₹16 crore to ₹60 crore, enabling higher paid-up capital and supporting future growth and funding requirements.
Trejhara Solutions Limited: NCLT sanctioned the amalgamation of LP Logistics Plus Chemical SCM Pvt Ltd with Trejhara Solutions, consolidating operations and shareholders, streamlining business, and strengthening strategic alignment.
Knowledge Marine & Engineering Works – 2.87% Up: Received LoA from Madhya Pradesh Tourism Board to operate a 20-year luxury cruise on the Narmada River, linking Statue of Unity to Kukshi. Project spans 135 km, expected to complete within 21 months.
Bhadora Industries Ltd – 13% Up: Secured orders worth ₹13.27 crore and ₹103 crore from a Tamil Nadu construction company, boosting revenue and market confidence. The deals reinforce the company’s growth trajectory within the construction materials segment.
Welspun Enterprises Ltd – 8% Up: Announced a preferential issue of 1.90 crore warrants at ₹525 each, raising up to ₹1,000 crore. The capital raise supports expansion plans, strengthening the company’s balance sheet and market position.
Morarka Finance Ltd – 8% Up: Revenue rose 37% YoY and 459% QoQ; profit jumped 107% YoY and 761% QoQ. Strong growth reflects operational efficiency and successful business expansion across key segments.
Waaree Renewable Technologies: Received EPC order worth ₹156.66 crore for a 150 MWac solar project in India. The project will be completed in FY27, strengthening the company’s renewable energy portfolio and positioning it for growth in solar infrastructure.
Ultracab (India) Ltd – 5% Up: Received Rs. 50 crore order from L&T Construction for LT power and control cables. The domestic EPC project will be executed within a year, bolstering the company’s revenue and order book.
Soma Textiles & Industries – 5% Up: Promoter group sold 2.47 crore equity shares (75% stake) to Roadway Solutions India Infra and others for ₹87.67 crore, signaling strategic stake transfer and shareholder realignment.
Tata Communications – 3% Up: Revenue grew 6.5% YoY, 2.4% QoQ, but PAT declined 19% YoY and 4% QoQ. Growth in revenue contrasts with declining profitability, reflecting operational and cost pressures.
Ador Welding – 16% Up: Revenue grew 4% YoY and 12% QoQ; PAT surged 273% YoY, turning around from a previous Rs 395 crore quarterly loss, reflecting strong operational recovery and margin improvement.
Summit Securities Ltd – 6% Up: Revenue increased 16% YoY and 297% QoQ; net profit rose 28% YoY and 285% QoQ, highlighting robust quarterly growth and operational efficiency.
Marsons Ltd received Rs. 25.85 crore order from West Bengal SEB for manufacturing and delivering a 10 MVA power transformer with OLTC and SCADA-compatible RTCC panel, expanding its presence in power infrastructure projects.
Adani Green Energy Ltd: Commissioned a 50 MW solar project in Khavda, Gujarat, raising total operational renewable capacity to 16,729.8 MW. The addition reinforces AGEL’s leadership in large-scale solar power generation in India.
Brokerage Recommendations
Elecon Engineering
- Target Price:- Rs 750 apiece
- Upside:- 38.48%
- By Emkay
LG Electronics
- Target Price:- Rs 2,050 apiece
- Upside:- 21.31%
- By Emkay
Indian Renewable Energy Development Agency Ltd
- Target Price:- Rs 200.00 apiece
- Upside:- 29.28%
- By ICICI Direct
Mahindra Lifespace
- Target Price:- Rs 700 apiece
- Upside:- 86.99%
- By HDFC Securities
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| ICICI Lombard (9.19%) | Tata Investment (-9.47%) |
| Bank of Maharashtra (7.73%) | Nuvoco Vistas (-5.1%) |
| Persistent Systems (7.38%) | BLS International (-5.05%) |
| Motherson Sumi Wiring(6.02%) | C.E. Info Systems (-4.17%) |
| Tata Communications (5.23%) | JK Cement (-3.14%) |
Conclusion:- Indian markets closed strongly, with Nifty and Sensex gaining over 0.7%, led by financials, infrastructure, and consumer stocks. Broad-based sectoral gains, robust corporate earnings, and strategic investments supported optimism. Global cues were mixed, but domestic momentum remained resilient, highlighted by key stock rallies, large-cap gains, and positive brokerage recommendations, signaling continued investor confidence and growth potential.
Written by Abhishek Singh
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