Market Update: Equity Gains Modest Amid Key Corporate Moves
On 8th October 2025, Indian markets opened on a steady note, with Nifty closing at 25,108 (+0.12%) and Sensex at 81,926 (+0.17%). Domestic institutional investors (DIIs) were net buyers of ₹452 crore, while foreign institutional investors (FIIs) purchased ₹1,440 crore. The GIFT Nifty stood at 25,219 as of 7:30 a.m.
Key Corporate Developments
Several significant corporate actions influenced market sentiment. The Competition Commission of India cleared Lloyds Metals’ plan to acquire a 49.9% stake in Thriveni Pellets. Titan reported a 19% growth in its jewellery segment for Q2FY26, driven by rising gold prices. Tata Motors’ JLR will initiate a phased production restart from October 8 following a cyberattack, while LG Electronics India raised ₹3,474 crore from anchor investors ahead of its IPO.
Debt Market Trends
The 10-year government securities yield fell by 1 basis point, closing at 6.51%. The World Bank revised India’s FY26 growth forecast to 6.5%, while lowering the FY27 projection. Meanwhile, India’s fuel consumption in September hit a one-year low at 18.63 million metric tons, down half a percentage point month-on-month, according to oil ministry data.
Currency and Commodities
In the forex market, the USD/INR traded at 88.77, with the DXY at 98.64. Other key pairs included EUR/USD at 1.1652, GBP/USD at 1.3421, and USD/JPY at 152.06. In commodities, Brent crude was at $65.45/bbl (-0.03%), and gold at $3,994/oz (+0.84%). US gold futures approached $4,000/oz, amid concerns over an oil supply glut following OPEC+ output increases.
Global Market Snapshot
US markets closed lower, with Dow down 0.20%, S&P 500 falling 0.38%, and Nasdaq slipping 0.67%. European indices were largely flat, with FTSE up 0.05%, DAX 0.03%, and CAC 0.04%. Asian markets saw mixed trends: Nikkei down 0.09%, Hang Seng down 0.67%, and Shanghai unchanged.
Overall, markets reflected cautious optimism, tracking corporate earnings updates and macroeconomic data, while global cues and commodity movements influenced investor sentiment.
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