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Below the Market Commentary (closing) for 15th October 2025 by Bajaj Broking

Market Closing Commentary

Indian equity benchmarks ended on a strong footing on October 15, with the Nifty closing above the 25,300 marks. The market staged a rebound after two sessions of decline, aided by dovish remarks from the Fed Chair on interest rates and indications of a possible pause in quantitative tightening, which buoyed global risk sentiment. At the close, the Sensex rose 575.45 points, or 0.70%, to 82,605.43, while the Nifty gained 178.05 points, or 0.71%, to settle at 25,323.55. Barring the Media index, all sectoral indices finished in the green, led by a robust 3% rally in Realty stocks. Power, Consumer Durables, PSU Bank, Metal, and Telecom indices advanced between 1–2%, signaling broad-based buying interest. On the broader market front, the Midcap index climbed 1.11%, while the Small cap index gained 0.82%, underscoring continued strength across the secondary space.

Nifty Outlook

The index formed a bullish candle with a higher high and higher low signaling lack of follow through to previous session bearish engulfing candle highlighting continuation of the positive momentum. Index on Wednesday session moved above the last week high (25330) signaling continuation of the formation of higher high in the weekly chart indicating positive bias. On the higher side the index to extend the current up move towards 25450-25,500 levels being the trendline resistance joining the major highs of September 2024 and July 2025. Stock specific action will continue to remain in focus as we progress through the Q2FY26 earning session. Immediate support lies around 25,000–25,100, which coincides with the previous swing low and the 20-day and 50-day EMAs. Index sustaining above the same will keep the short-term bias positive.

Bank Nifty Outlook

Bank Nifty formed a bull candle with a higher high and higher low highlighting continuation of the positive momentum. Stock specific action will be in focus as we progress through the earning session.

Index has immediate resistance at 57,000 levels. A move above the same will open further upside towards all time high placed around 57600 levels. Bank Nifty continues to outperform the benchmark indices. Immediate support is placed at 56,200-56,000 levels being the current week low. Indices sustain above the same will keep the immediate bias positive.

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