Quote on Market 10th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
Below the Quote on Market 10th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
"Indian equities closed higher, led by strong gains in banking and pharmaceutical stocks. Investor sentiment improved after the government invited private sector professionals to lead State Bank of India. This marks a broader policy shift towards allowing private participation in public sector enterprises, aimed at enhancing efficiency and governance. Pharma stocks rallied as the US revived the Biosecure Act, aiming to cut biotech ties with flagged foreign firms, especially from China, providing a strong boost to Indian CDMOs. With the earnings season underway, investors are closely watching quarterly results for cues on market direction."
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