Daily Market Commentary : Nifty50 rose 104 pts to 25,285 (+0.4%) on easing tensions, India–US trade progress by Siddhartha Khemka, Motilal Oswal Financial Services Ltd
Below the Quote on Daily Market Commentary for 10th October 2025 By Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd
Nifty50 edged higher by 104 points to close at 25,285 (+0.4%), amid improving global sentiment, supported by easing geopolitical tensions as Israel and Hamas agreed on the first stage of a ceasefire plan, along with signs of progress in a potential India–US trade deal. Renewed foreign portfolio investor (FPI) buying over the past three sessions (cumulating to Rs2,830cr) also boosted sentiment. Additionally, India and the UK announced multiple collaborations across sectors including education, critical minerals, climate change, and defence. On the sectoral front, Nifty PSU Bank index led the gains, up 1.7%, on the back of strong Q2 business updates from multiple PSBs. It was followed by Nifty Realty and Pharma indices which gained 1.6% and 1.3% respectively. In contrast, Nifty Metal was the top laggard, down 0.9% on account of profit booking after a recent rally. According to AMFI data, mutual funds reported net outflows of Rs.43,146 crore in Sep’25, compared with inflows of Rs.52,443 crore in Aug’25 — the first negative monthly flow since April 2025. However, equity MFs continued to see healthy inflows of Rs.30,422 crore, down 9% MoM. As the Q2 earnings season begins, key results due on Monday include HCL Tech and Anand Rathi Wealth, while Avenue Supermart is set to report earnings over the weekend. On the macro front, investors will closely track India’s retail inflation print for September to be released on Monday. Overall, we expect Indian equities to trade in a range with a positive bias, aided by supportive global cues and sustained buying interest in the market.
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