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Below the Quote on Daily Market Commentary for 08th October 2025 By Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd

Nifty ended flat at 25,046, down 62 points (-0.25%), as profit booking set in after a firm start to the session. The broader indices underperformed, with the Nifty Midcap100 down 0.7% and the Smallcap100 lower by 0.5%. Sectorally, most indices traded in the red, reflecting a cautious tone. Nifty IT was the top gainer (+1.5%), supported by optimism ahead of TCS’s Q2 results due tomorrow, while Nifty Consumer Durables rose 0.8%. On the other hand, Nifty Media (-1.7%) and Auto (-1.5%) led the declines. Jewellery stocks were in focus as Titan reported 19% growth YoY in its domestic jewellery business. Additionally, Base metals extended their upmove, with zinc and copper both gaining nearly 5% over the past week. On the institutional front, FIIs turned buyers with net inflows of Rs.1,440 crore, while DIIs remained supportive, adding another Rs.450 crore on Tuesday. Globally, attention will turn to the U.S. initial jobless claims data due tomorrow. We expect markets to remain range-bound in the near term, tracking global cues and Q2 earnings announcements.

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