Stock Market Today: Nifty Trades at 24,970, Sensex at 81,636 as TCS, Infosys Lead Gains

Overview

• Stock market today recovered as Nifty gained 101 points, Sensex rose 330 points despite FII outflows of Rs. 1,622 crore.

• Nifty IT index jumped 2.75%, with Infosys, TCS, and Wipro shares leading the rally.

• Banking stabilized, smallcaps gained slightly, while select consumer and pharma stocks declined.

Indian stock market today witnessed a technology-led recovery with Nifty 50 settling at 24,970.95 at press time. The benchmark index gained 100.85 points or 0.41%. Sensex mirrored this positive momentum, trading at 81,636.70 with an advance of 329.85 points, also representing a 0.41% gain.

The jump came after earlier sessions showed weakness, particularly in banking stocks, but strong buying interest in technology and select defensive sectors helped markets recover. Nifty IT index emerged as the standout performer, surging 2.75% to 36,414.15. Hence, showing investors' renewed confidence in the tech sector amid favorable global cues and strong corporate fundamentals.

Let’s discuss in depth how the Indian stock market performed today based on the data from Moneycontrol Live Updates.

Technology Stocks Lead the Charge

Information technology companies dominated today's gainers list. Infosys shares emerged as the top performer among Nifty 50 stocks. The shares climbed 3.21% to Rs. 1,535.30 on trading volumes of Rs. 790.93 crore. Tata Consultancy Services (TCS) stock followed closely with a 3.11% gain, reaching Rs. 3,149.00 on trading volumes of Rs. 639.73 crore.

Wipro share price added 2.75% to trade at Rs. 255.48. At the same time, HCL Technologies gained 2.65% to Rs. 1,505.10, while Tech Mahindra advanced 1.98% to Rs. 1,534.80. Hence, completing the tech sector's comprehensive rally that provided support to broader market indices.

Banking Sector Shows Stability After Recent Weakness

While banking stocks had previously led market declines, today's trading session showed signs of stabilization. Nifty Bank index was up by 0.05% to 55,177.90, suggesting that the worst of the banking sector selloff may be behind the markets.

HDFC Bank shares traded at Rs. 1,970.60 with marginal gains of 0.31% and trading volumes of Rs. 880.80 crore. ICICI Bank, however, faced continued pressure, declining 0.65% to Rs. 1,427.00. The decline indicates selective weakness within the banking sector as investors remain cautious ahead of quarterly results and regulatory developments.

Other Sectors Reflect Diverse Market Dynamics

Apart from the technology sector’s great performance, other sectors displayed mixed trends. Small-cap stocks showed modest gains, with the BSE Smallcap index advancing 0.27% to 53,144.75. This means that investor risk appetite extends beyond large-cap stocks to smaller companies with growth potential.

Pharmaceutical sector continued its defensive appeal, with companies like Apollo Hospitals experiencing minor declines of 0.73% to Rs. 7,865.00. Industrial and consumer stocks struggled with Asian Paints stock dipping 0.68% to Rs. 2,487.40. Grasim shares also fell 0.70% to Rs. 2,794.20, suggesting investor caution in cyclical sectors.

Also Read: Yes Bank Share Price Today Rs. 19.65, Gains 1.92% Amid RBI’s Green Signal to SMBC

Notable Stock Movements

Yes Bank shares surged nearly 5% following regulatory approval for Japan's SMBC to acquire up to 24.99% stake in the lender. The Reserve Bank of India's approval allows SMBC to purchase 20% through secondary transactions. The proposal clarifies that SBI will sell 13.19% and seven other banks will collectively sell 6.81%.

Trent gained 0.19% to Rs. 5,425.00 after HSBC maintained its 'buy' rating with a target price of Rs. 6,500. It cited Zudio's low store overlap and multiple growth levers supporting same-store sales growth estimates as the reason behind the optimistic rating. Tata Communications stock was down by 0.69% to Rs. 1,597.15 despite block trading activity of 1.41 million shares, according to a Bloomberg report.

Institutional Investment Patterns 

Foreign and domestic institutional investor activity reflected the complex market dynamics:

Foreign Institutional Investors (FIIs) turned net sellers with outflows of Rs. 1,622.52 crore on August 22. Thus, reversing their previous session's buying of Rs. 1,246.51 crore. This volatility in FII flows indicates cautious international sentiment toward Indian markets.

Domestic Institutional Investors (DIIs) also showed mixed activity, with net selling of Rs. 329.25 crore compared to the previous session's strong buying of Rs. 2,546.27 crore. This shift suggests domestic investors are taking a more selective approach to market participation.

The contrasting institutional flows highlight the importance of monitoring both foreign and domestic investor sentiment as key drivers of market direction.

Corporate Announcements and Business Developments

Several companies made announcements that influenced the stock market today and beyond:

OYO plans to file its Draft Red Herring Prospectus (DRHP) in November as reported by Financial Express. It will target a USD 7-8 billion valuation for its IPO. The travel tech firm's public listing plans add to the pipeline of significant offerings in the Indian market.

GMR Power and Urban Infrastructure approved fundraising of up to Rs. 3,000 crore, according to Business Standard. It was done through equity shares and non-convertible debentures, indicating the company's expansion and capital requirements.

The Schloss Bangalore board approved changing the company name to Leela Palaces Hotels & Resorts, according to TradingView. The company recommended the re-appointment of Anuraag Bhatnagar as Whole-Time Director, reflecting ongoing corporate restructuring in the hospitality sector.

Economic and Policy Implications

Market participants are closely monitoring potential GST reforms that could provide economic stimulus. As per a recent Moneycontrol poll, nearly 67% of economists believe proposed GST cuts could help offset the impact of higher US tariffs on Indian goods.

The proposed overhaul of the goods and services tax regime, combined with income tax reductions announced in the Budget. It could provide medium-term support for consumption-led growth, potentially benefiting consumer-facing sectors.

Technical Analysis and Market Outlook

Indian stock market today showed resilience and ability to recover from early weakness through strong sectoral leadership. Technology stocks' comprehensive rally provided support, while banking sector stabilization suggests the worst may be over for financial stocks.

From a technical perspective, the Nifty's recovery above 24,950 levels and subsequent close near 24,970 suggest that key support levels are holding. The index's ability to bounce back from earlier weakness shows underlying market strength.

Key technical levels to monitor for investors would be the immediate resistance around 25,100-25,200, with support at 24,800-24,900 for Nifty 50. For Sensex, the resistance is near 82,000-82,500 levels, with support around 81,000. As markets continue to process various economic and policy developments, the emphasis on fundamental analysis and selective stock picking becomes increasingly important.

Also Read: Top Tech Stocks to Buy in the Second Half of 2025

FAQs

1. Why is Indian stock market up today?

The Indian stock market rose today primarily due to strong gains in the technology sector, led by Infosys, TCS, and Wipro, which collectively boosted market sentiment. Despite global uncertainties and FII outflows, domestic buying and sector-specific resilience helped indices close in the green.

2. Which are the best stocks to invest in today?

According to Moneycontrol data, Infosys, TCS, Wipro, HCL Tech, and Tech Mahindra were the biggest contributors to the rally. Infosys jumped 3.21%, while TCS climbed 3.11%. These gains lifted the Nifty IT index by 2.75%, providing crucial support to broader indices like the Nifty 50 and Sensex. It is important to note that investors should do their own thorough research before making any financial decisions.

3. How did banking stocks perform today?

Banking stocks showed signs of stabilization. HDFC Bank gained 0.31%, while ICICI Bank slipped 0.65%. The Nifty Bank index closed nearly flat at +0.05%. This suggests the recent banking selloff may have eased, though selective caution among investors persists.

4. What role did institutional investors play in today’s market?

Foreign Institutional Investors (FIIs) were net sellers with outflows of Rs. 1,622 crore, while Domestic Institutional Investors (DIIs) also turned net sellers at Rs. 329 crore. Despite these outflows, strong retail and sectoral participation helped markets absorb the pressure and finish positively.

5. What is the near-term outlook for Indian share market?

Near-term outlook remains cautiously optimistic. Technical charts show Nifty support around 24,800 and resistance at 25,100. If IT stocks sustain momentum and banking stabilizes further, markets could edge higher. However, volatility in global cues and FII flows will remain key risk factors.