IGI Logo

Below the Quote on Evening Market 17th October 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital

“Indian equity benchmarks ended higher on Friday, extending their winning streak amid positive investor sentiment. The Sensex climbed 484 points, while the Nifty reclaimed the 25,700 mark. Early losses driven by weakness in IT stocks were offset by strong buying in auto, FMCG, and consumer durable counters.

Nifty Bank surged to a fresh record high of 57,828.30, marking a gain of nearly 10,000 points since its March low. The Nifty50 also touched a new 52-week high after breaching 25,750, coming within striking distance of its record peak.

Among major movers, Asian Paints jumped 4%, Mahindra & Mahindra rose 3%, and key banking and healthcare names added to the momentum. The overall tone remained upbeat, supported by steady foreign inflows and optimism surrounding the ongoing earnings season, even as IT and media shares continued to lag, limiting broader market gains.”

Above views are of the author and not of the website kindly read disclaimer