{"id":15673,"date":"2025-10-16T11:09:14","date_gmt":"2025-10-16T05:39:14","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=15673"},"modified":"2025-10-16T11:09:14","modified_gmt":"2025-10-16T05:39:14","slug":"sensex-rises-450-points-nifty-above-25450-banking-rally","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/sensex-rises-450-points-nifty-above-25450-banking-rally\/","title":{"rendered":"Sensex Rises 450 Points, Nifty Above 25,450 as Banking Rally and FII Inflows Lift Market Mood"},"content":{"rendered":"

Sensex Gains 450 Points, Nifty Tops 25,450: Banking Rally, FII Inflows Fuel Market Optimism<\/p>\n

Indian stock markets opened on a strong note Thursday, with benchmark indices Sensex and Nifty rising over half a percent amid fresh foreign fund inflows, a rally in banking stocks, and positive global market cues.<\/p>\n

At around 10:30 a.m., the BSE Sensex surged 458.98 points (0.56%) to 83,064.41, while the NSE Nifty climbed 132.15 points (0.52%) to 25,455.70, extending gains for a third consecutive session.<\/p>\n

Among the top Nifty gainers were Titan Company, Adani Ports, Tata Motors, Axis Bank, and Mahindra & Mahindra, all rising up to 3 percent intraday, reflecting broad-based buying across sectors.<\/p>\n

Banking Stocks Lead the Market Rally<\/h2>\n

The banking sector emerged as the key driver of today\u2019s rally, with the Bank Nifty rebounding from the previous session\u2019s losses to gain around 0.5 percent.<\/p>\n

Axis Bank shares advanced after reporting healthy loan growth in the September quarter. Brokerage Bernstein maintained its \u2018Outperform\u2019<\/em> rating on the lender, setting a target price of \u20b91,250 per share.<\/p>\n

Investor sentiment in the banking space also improved following reports that the government is drafting a mega public sector bank merger plan, under which smaller state-owned banks could be consolidated with larger ones by FY27. The move is expected to strengthen the sector\u2019s balance sheets and improve operational efficiency.<\/p>\n

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\u201cGovt draws up mega bank merger plan; smaller lenders to be clubbed with big banks by FY27,\u201d a senior official said, adding that the strategy aims to streamline lending and enhance capital adequacy across PSBs.<\/p>\n<\/blockquote>\n

Also Read : Axis Bank Rises 4% After Q2 Earnings; Analysts Stay Positive Despite Exceptional Items<\/a><\/p>\n

Fresh FII Inflows Strengthen Market Momentum<\/h2>\n

The market also found support from foreign institutional investor (FII) buying, a key indicator of global confidence in Indian equities.<\/p>\n

According to NSE data, FIIs bought shares worth \u20b968.64 crore on Wednesday, while domestic institutional investors (DIIs) added another \u20b94,650 crore. The consistent inflows have boosted liquidity and supported the rupee, further lifting overall market sentiment.<\/p>\n

Market experts noted that renewed foreign interest follows improving macroeconomic indicators and stabilizing inflation, coupled with hopes of a US Federal Reserve rate cut in the coming months.<\/p>\n

Positive Global Cues Support Risk Appetite<\/h2>\n

Global equities provided a strong backdrop for Indian markets. Most Asian indices \u2014 including South Korea\u2019s Kospi, Japan\u2019s Nikkei 225, and China\u2019s Shanghai Composite \u2014 traded in the green, mirroring overnight gains on Wall Street.<\/p>\n

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\u201cBullish euphoria is set to light up Dalal Street ahead of Diwali, with rate cut hopes from the Fed, upbeat global cues, and the IMF raising India\u2019s FY26 GDP forecast to 6.6 percent,\u201d said Prashanth Tapse, Senior Vice President (Research), Mehta Equities Ltd.<\/p>\n<\/blockquote>\n

The IMF\u2019s upgrade to India\u2019s growth forecast and easing crude oil prices have further brightened investor outlook for the coming months.<\/p>\n

India\u2013US Trade Talks Add to Investor Optimism<\/h2>\n

Market optimism was also buoyed by expectations surrounding India\u2013US trade discussions, set to begin in Washington on Thursday.<\/p>\n

Commerce Secretary Rajesh Agrawal is leading the Indian delegation, with talks likely to focus on energy cooperation and trade facilitation. A favorable outcome could strengthen bilateral trade ties and boost exports, analysts said.<\/p>\n

Rupee Gains on Softer Dollar and Strong Flows<\/h2>\n

The Indian rupee appreciated 40 paise to 87.68 per US dollar in early trade, supported by fresh foreign inflows, a softer dollar index, and lower crude prices.<\/p>\n

Forex traders attributed the rupee\u2019s gains to central bank intervention and improved risk appetite in domestic markets.<\/p>\n

A stronger rupee typically supports import-heavy sectors and reduces inflationary pressure, offering another layer of support for equities.<\/p>\n

Nifty Shows Strength Above 25,330<\/h2>\n

According to Anand James, Chief Market Strategist at Geojit Financial Services, the Nifty closing near the 25,330 mark indicates resilience in the market.<\/p>\n

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\u201cA sustained move above this region opens the possibility of testing 25,460 in the near term. However, low momentum remains a concern. Immediate support lies around 25,260,\u201d he said.<\/p>\n<\/blockquote>\n

Analysts expect range-bound consolidation in the short term, but maintain a positive medium-term outlook, driven by steady earnings growth and festive season demand.<\/p>\n

Festive Cheer and Global Tailwinds Could Extend Gains<\/h2>\n

With foreign inflows returning, banking and auto stocks outperforming, and global optimism rising, market watchers believe the Sensex and Nifty could continue their upward momentum heading into the Diwali week.<\/p>\n

If the Federal Reserve signals rate easing and the India\u2013US trade talks yield positive results, analysts expect benchmark indices to test new record highs in the coming sessions.<\/p>\n