
Sensex rose 330.99 points to 82,503.09 as Nifty gained 103.60 points to 25,285.40. The hike came on banking and pharma stocks rally.
SBI share price surged 2.19%, Yes Bank 7%, Cipla 2.37% and Dr Reddy’s 1.51%, leading the gainers list on Nifty 50.
Foreign investors bought ₹1,308 crore worth of equities, signaling continued confidence in Indian markets despite global uncertainties.
Indian stock market today showed bullish signals. BSE Sensex gained 330.99 points or 0.40% to 82,503.09, while NSE Nifty 50 was up 103.60 points or 0.41% to 25,285.40 at press time. The hike came on a banking and pharma stocks rally. Nifty Bank index was the best performer today, climbing 425.25 points or 0.76 % to reach 56,617.30. Let’s see how different shares performed in stock market today based on Moneycontrol Live Updates.
State Bank of India (SBI) was one of the top gainers today on Nifty 50. SBI share price surged 2.19% to Rs. 881. Axis Bank rose 1.72 % to Rs. 1,187.50. UCO Bank saw its highest single-day gain in 15 weeks. The stock jumped 4.07 % to Rs. 32, reflecting renewed investor confidence in public sector banking stocks. Yes Bank also soared 7% to Rs. 23.99 with trading volumes exceeding Rs. 853 crore, making it one of the most actively traded stocks.
Pharmaceutical stocks dominated the gainers' list on the stock market today, with Cipla leading the pack by climbing 2.37 % to Rs. 1,549. Dr. Reddy's Laboratories also posted healthy gains of 1.51 % to close at Rs. 1,264.90. The sector received a boost from favorable court rulings, particularly for Natco Pharma, after the Delhi High Court dismissed an appeal by Swiss pharmaceutical company F. Hoffmann-La Roche AG. This decision allows Natco to launch a generic version of 'Risdiplam' for treating Spinal Muscular Atrophy at an affordable price of Rs. 15,900, as reported by Mint.
Nifty IT index was up by 0.10 % to 35,664.20. Tata Consultancy Services, India's largest IT services company, released its second-quarter results showing a 1.4% year-on-year growth in consolidated net profit to Rs. 12,075 crore. However, the stock declined 1.22 % to Rs. 3,024.20, as the results fell slightly below market expectations. According to the Economic Times, TCS also declared a second interim dividend of Rs. 11 per share.
Tata Elxsi, on the other hand, reported disappointing quarterly numbers, with profit plunging 32.5 % to Rs. 154.8 crore. The company’s revenue fell 3.9 % to Rs. 918.1 crore on a year-on-year basis, as reported by HDFC Sky.
Also Read: Tata Steel Share Price Climbs 2.16% to Rs. 175.65: Will Momentum Continue?
The stock market today saw metal shares facing selling pressure, with BSE Metal index declining 1 %. Tata Steel led the losers on Nifty 50, falling 1.71 % to Rs. 173.41. Hindalco also dipped 1.05 % to Rs. 766.
JSW Steel also faced profit-booking, dropping 1.06 % to Rs. 1,162.70, despite reporting robust production numbers according to a scanx.trade report. The company's crude steel production rose 17 % year-on-year and 9 % quarter-on-quarter to 7.9 million tonnes, with capacity utilization at India operations standing at an impressive 92 %.
SpiceJet shares continued their upward movement for a second consecutive day, increasing to Rs. 35.17, a gain of 6.29% after the airline announced three new aircraft to its operational fleet. SpiceJet will induct 20 aircraft under a damp-lease model between October and November, indicating an aggressive expansion plan.
IRB Infrastructure Developers also attracted investors, up to Rs. 43.60, an increase of 3.22%, with volumes up 38.36% relative to the five-day average as reported by scanx.trade. RailTel Corporation of India increased to Rs. 387.10, an increase of 0.95%, after obtaining a Rs. 18.22 crore Letter of Intent from the Karnataka Centre for E-Governance for procurement of OEM support.
The wider market indices were healthy, with the BSE Smallcap index increasing 0.55% and the BSE Midcap index increasing 0.3%. Market breadth was also positive for the entire session, with 1785 advancing and 929 declining on the National Stock Exchange.
Foreign Institutional Investors (FII) continued to buy shares for Rs. 1,308.16 crore in the cash segment on October 9, while Domestic Institutional Investors (DII) bought Rs. 864.36 crore, both being strong bulls for share market news.
Also Read: Stock Market Today: Sensex at 82,112, Nifty Hits 25,169; Tata Steel, Dr Reddy’s Lead Gains
In spite of global uncertainties, the stock market today showed resilience aided by robust domestic institutional support and selective strength within sectors. With banking and pharmaceuticals paving the way, investors are increasingly confident in quality stocks, but there is still caution surrounding IT and metal stocks with earnings season underway. Market participants are currently awaiting the next wave of corporate results and macro data to get a sense of what might lie ahead.
FAQs
1. Why did the Indian stock market perform well today?
The market rose on October 10, 2025, because strong gains were seen in banking and pharmaceutical stocks. Heavy buying in PSU Banks such as Yes Bank, and UCO Bank helped continue Free Foreign Investor inflows which bolstered investor sentiment, despite there being some headwinds in the global world.
2. Which sectors had the top performers in today’s stock trading day?
The banking and pharmaceutical stocks led the gainers today. SBI and Axis Bank led the gains in the banking sector, while Cipla and Dr Reddy’s (DrR) surged in pharma, as Natco Pharma’s court ruling paid dividends to their prospects.
3. Why are metal stocks under pressure today?
The metal stocks were under pressure today because investors decided to book some profits after having some good gains recently. Tata Steel and JSW Steel both fell by more than 1%, even though production figures were solid, as sentiment felt some pressure while global commodity prices take a breather.
4. What were the top gainers and losers in trading today?
In the market today Yes Bank (+7%), UCO Bank (+4%), Cipla (+2.37%) and SpiceJet (+6.29%) were the top gainers in the market, while Tata Steel (-1.71%) JSW Steel (-1.06%) and TCS (-1.22%) fell, with TCS disappointing with their earnings.
5. What do we expect for the market in the coming week?
Analysts expect the indices to remain rangebound next week as investors focus on earnings leads to industry group rotations and FII inflows. Indices should remain stable above some key psychological levels next week.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.