Monday, October 20, 2025
More
    HomeBusinessDiwali Glitters At D-Street: Sensex Opens Nearly 700 Points Higher Today, Nifty...

    Diwali Glitters At D-Street: Sensex Opens Nearly 700 Points Higher Today, Nifty Above 25,900 | Markets News

    -


    Last Updated:

    The BSE Sensex jumps 696 points to 84,647.14 in the opening trades, while the Nifty 50 climbs over 200 points, trading above the 25,900 mark.

    Stock Market Today, October 20.

    Stock Market Today, October 20.

    Stock Market Today, October 20: The Indian equities market opened on a buoyant note this Monday as the festive mood around Diwali spilled into Dalal Street. The BSE Sensex jumped approximately 696 points to 84,647.14 in the early trades, while the Nifty 50 climbed over 200 points, trading above the 25,900 mark. Among the standout gainers were heavyweights such as Reliance Industries, Adani Power, Kotak Mahindra Bank, Axis Bank, LTIMindtree and Shriram Finance.

    This strong start reflects a combination of favourable earnings cues, festive buying sentiment and underlying optimism in financials and large-caps.

    Banks, financials, IT, pharma, oil & gas, and FMCG were the top gaining sectors on October 20. However, media, metal, realty, and consumer durables were in red in the early trade.

    In the broader markets, the BSE Midcap and the BSE Smallcap were trading higher by 0.50% and 0.05% in the early trade.

    Among the 30 Sensex shares, 22 stocks were in green. The top gainers were Reliance Industries (+2.7%), Infosys (+1.16%), Axis Bank (+1.24%), HDFC Bank (+1.05%), and Kotak Mahindra Bank (+0.97%).

    However, ICICI Bank, Tata Steel, UltraTech Cement, Trent, Adani Ports, Eternal, Mahindra & Mahindra, and Hindustan Unilever were the laggards falling by up to 1.87%.

    Among the 3,532 stocks traded on the BSE, a total of 1,981 shares were seeing advances while 1,343 companies saw declines. A total of 208 stocks remained unchanged.

    Also, 87 stocks were at their 52-week highs, while 59 shares were at 52-week lows. Moreover, 110 stocks touched the upper circuit today, whereas 86 shares hit the lower circuit.

    Amruta Shinde, Technical & Derivative Analyst, Choice Broking, said, “In the current environment of heightened volatility and mixed market cues, traders are advised to maintain a cautious ‘buy-on-dips’ approach, particularly when using leverage. Booking partial profits during rallies and maintaining tight trailing stop-losses is recommended to manage risk effectively. Fresh long positions should be considered only if the Nifty sustains above the 26,000 mark. While the broader market undertone remains cautiously bullish, close monitoring of key technical levels and global developments will be crucial in the sessions ahead.”

    Foreign Institutional Investors (FIIs) extended their buying streak for the second consecutive day, purchasing equities worth Rs 309 crore on October 17, while Domestic Institutional Investors (DIIs) continued their strong support, buying equities worth over Rs 1,526 crore on the same day.

    Mohammad Haris

    Mohammad Haris

    Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h…Read More

    Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h… Read More

    Follow News18 on Google. Join the fun, play QIK games on News18. Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. To Get in-depth analysis, expert opinions, and real-time updates. Also Download the News18 App to stay updated.
    News business markets Diwali Glitters At D-Street: Sensex Opens Nearly 700 Points Higher Today, Nifty Above 25,900
    Disclaimer: Comments reflect users’ views, not News18’s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

    Read More



    Source link

    Must Read

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Trending