Stock Market Today: Sensex Trades at 80,990, Nifty at 24,826, Adani Power Falls 3.38%, Metal Stocks Rally

Stock Market Today Sees Sensex Barely Moving, Nifty Slipping, and Metals Surging While Autos and IT Lag: Can Indian Markets Sustain Momentum Amid FII Outflows and Global Uncertainty?
Stock Market Today_ Sensex Trades at 80,990, Nifty at 24,826, Adani Power Falls 3.38, Metal Stocks Rally.jpg
Written By:
Aayushi Jain
Reviewed By:
Sankha Ghosh
Published on

Overview

  • Sensex gained just 6.96 points at 80,990, while Nifty slipped 10 points to 24,826 amid sectoral divergence.

  • Tata Steel, Hindalco, and JSW Steel were top gainers, while Max Healthcare, Eicher Motors, and Adani Power declined.

  • FIIs sold ₹1,605 Cr worth of shares, while DIIs supported markets with ₹2,916 Cr buying, highlighting contrasting institutional strategies.

Indian stock market today saw minimal movement with benchmark indices trading nearly flat at press time. BSE Sensex gained 6.96 points to settle at 80,990.27, while Nifty 50 slipped 10.15 points to 24,826.15. Nifty Bank index outperformed, up by 129.60 points to 55,477.55, showing resilience in the banking sector. Let’s see how the market performed today based on Moneycontrol Live Updates.

Major Indices Show Mixed Performance

Metal and capital goods indices surged between 0.5% and 2 %, driven by strong buying interest in commodity-related stocks. On the other hand, auto, media, energy, and FMCG sectors faced selling pressure, declining by 0.5%-1% each. Nifty IT index dropped 22.40 points to 33,882.80, reflecting weakness in technology stocks. The broader Indian stock market showed more strength than the benchmark indices. BSE Smallcap index advanced 278.25 points, or 0.53 %, to 53,076.46, indicating good participation from smaller companies. 

Metal Stocks Lead Gainers

On Nifty 50, metal stocks dominated the leaderboard. Tata Steel share price was the biggest gainer, surging 3.46 % to Rs. 173.30. It was followed by Hindalco, which climbed 1.93 % to Rs. 780.75. JSW Steel added 1.61 % to reach Rs. 1,164.50, while Kotak Mahindra Bank and Bharat Electronics rounded out the top five gainers, up by 1.50 % and 1.49 % respectively.

Max Healthcare led the losers with a 3.49 % fall to Rs. 1,074.40. Eicher Motors dropped 2.15 % to Rs. 6,870.50. At the same time, Coal India, SBI Life Insurance, and Shriram Finance also saw selling pressure.

Also Read: Top Gold Stocks In India for 2025


Auto Sector Updates

The automotive sector delivered mixed performance. Maruti Suzuki India reported a 2.7 % growth in total sales to 1,89,665 units, though domestic sales fell 6.1 % as reported by Zee News. The highlight was the company's export performance, which jumped 52.2 % to 42,204 units, while total production soared 26.4 %.

According to the Economic Times, Hero MotoCorp’s total sales rose 7.9 % to 6,87,220 units. Domestic sales grew 5 %, but the standout performance came from exports, which nearly doubled with a 94.8 % surge. Scanx.trade reported that TVS Motor Company’s total sales climbed 12 % to 5,41,064 units.

Share Market News and Corporate Developments

Adani Power shares saw volatility in the stock market today, dipping 3.38 % to Rs. 147.30, losing Rs. 5.15 from its previous close. The stock traded with volumes of 5,301,479 shares, a 37.90 % decrease compared to its five-day average. Despite today's decline, the stock is 70.94 % above its 52-week low of Rs. 86.17, though it's trading 19.4 % below its 52-week high of Rs. 182.75. 

On the other hand, Adani Ports’ cargo volume jumped 11 % year-on-year to 41.6 million metric tonnes in September. The logistics segment also performed strongly, with rail volume surging 22 % to 60,640 TEUs.

V-Mart Retail stock surged 5.13 % to Rs. 762.30 after reporting 22 % revenue growth to Rs. 807 crore for Q2. The company also had an 11 % same-store sales growth. Waaree Energies extended its winning streak for the fourth consecutive day, climbing 2.88 % to Rs. 3,426.85. The stock has been on an upward trajectory despite trading 11.32 % below its 52-week high. It now has a market capitalization of Rs. 98,570.22 crore.

Foreign Institutional Activity

Foreign Institutional Investors (FII) offloaded Rs. 1,605.20 crore worth of shares on October 1, while Domestic Institutional Investors (DII) bought Rs. 2,916.14 crore worth of equities. This difference in institutional activity reflects ongoing concerns about valuations and global market conditions.

Global Cues and Commodities

Gold prices held steady near record highs at $3,851.99 per ounce. They are set for a seventh consecutive weekly gain amid expectations of further US interest rate cuts.

Indian rupee opened flat at 88.67 per dollar, showing stability despite global uncertainties.

Oil prices, however, faced their steepest weekly decline in three-and-a-half months. Brent crude futures gained slightly to $64.29 a barrel today but were still down 8.3 % for the week.

Also Read: Stock Market Today: Sensex Jumps 390 Points, Nifty Rises to 24,722, Gold Prices Hit Record High

Market Outlook

Indian stock market today reflected cautious sentiment as investors dealt with mixed corporate earnings and sectoral performance. With mid and small-cap indices outperforming benchmarks, selective buying opportunities are available. However, continued FII outflows and global headwinds warrant a balanced approach in the near term. Investors should keep an eye on market changes to understand the next direction.

FAQs

1. How did the stock market trade in India today?

Indian stock market had a mixed trading pattern today on the back of a sectoral divergence. The metal and capital goods sectors rallied on the back of improving fundamental demand, while significant selling pressure emerged in autos, IT, FMCG, and energy sectors. In addition, trading in stocks today was also constrained by the uncertainty of global risks, along with foreign institutional investors (FIIs) being net sellers.

2. Which sectors outperformed today's stock market?

The metal sector significantly outperformed the trading day taking Tata Steel, Hindalco, and JSW Steel all up meaningfully. There was also good buying in capital goods as an improving outlook on demand, along with commodity sentiment, did support the sector.

3. Why were Adani Power shares trading down?

Adani Power shares were down by 3.38% day over day but remained significantly above their 52-week low on profit booking and lower trading volumes. The good news is, Adani Ports showed significant operational strength today, which helped offset some negative sentiment.

4. What were the impacts of FIIs and DIIs in today's markets?

FIIs sold 1,605 Cr worth of equities while DIIs were net buyers of equities at 2,916 Cr. Overall, FIIs remain cautious around valuations and global risks. Conversely, DIIs created some localized upward pressure in the indices and buying in small caps.

5. What will the immediate outlook for Indian markets look like?

The market may remain selective in a range-bound trading pattern and continue to offer stock specific opportunities, with metals and mid-caps showing some strength. While FIIs continue to sell and global risks remain a headwind, it is important that investors make a neutral and cautious frame of mind going forward.

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