Weekly Update- 17 October 2025

NIFTY50

The index ended the week with a strong gain of 1.68%, closing at 25,710. The week began on a flat note with mild weakness, but as the days progressed, momentum picked up steadily, led by Bank Nifty’s outperformance and renewed buying interest in large-cap stocks. The market displayed resilience, recovering from early dips and maintaining strength through the latter part of the week. It eventually closed near its weekly highs, indicating a continuation of the short-term uptrend and improving sentiment. However, the broader markets underperformed, with midcap and smallcap indices showing limited participation, suggesting that the rally was primarily driven by selective strength in frontline stocks. The view remains ‘buy on dips’, with strong support near the 25,200 level expected to act as a cushion for any short-term corrections.

BANKNIFTY

The Bank Nifty ended the week with a strong gain of 1.95%, closing at 57,713. The index started on a flat note but gradually built strong upward momentum as the week progressed, outperforming the Nifty and leading the overall market sentiment. The rally was primarily driven by private sector banks, which showed robust buying interest, while PSU banks underperformed, witnessing mild profit booking at higher levels. The index maintained strength throughout the week, reflecting sustained bullish undertone and sectoral leadership from large banking names. The view remains ‘buy on dips’, with strong support placed near the 56,800 level, which is expected to act as a base for the next leg of upside.

TOP GAINER SECTOR

NIFTY REALTY was top gainer sector for the week

Major gainers were:-

GODREJ PROPERTIES: up by 6.9%

OBEROI REALTY: up by 6.31%

PRESTIGE REALTY: up by 5.22%

DLF: up by 3.75%

TOP LOSING SECTOR

NIFTY IT was top losing sector for the week

Major losers were:-

INFOSYS:- down by 4.87%

OFSS:- down by 4.69%

MPHASIS:- down by 3.22%

WIPRO:- down by 3.14%

IMPORTANT NEWS

• HDFC Bank Ltd reported a 10.8 percent year-on-year rise in net profit to Rs 18,641.3 crore for the September quarter (Q2 FY26), aided by higher other income and steady core performance. India’s largest private sector lender’s profit comfortably surpassed Street estimates, which had pegged the figure at Rs 16,714 crore for the quarter.

• Reliance Industries’ Q2 net profit grew 10% YoY to Rs 18,165 crore, led by strong performance in telecom and retail segments, despite a dip in sequential profit and challenges in the O2C business.

• ICICI Bank’s net profit rose 5.2% to Rs 12,359 crore in Q2, exceeding market expectations due to lower provisions. Despite a predicted marginal rise in credit cost, the bank anticipates better loan growth in the second half of the fiscal year, supported by government initiatives.

• Aditya Birla Group company UltaTech Cements has released its results for the quarter ended September 2025, posting an impressive surge of 75.2% YoY to Rs 1,232 crore, while its net sales were up 21.3% YoY.

• Federal Bank’s net profit saw a year-on-year dip. However, the bank achieved its highest ever net interest income and fee income. Deposits and advances showed growth. Asset quality remained strong. The bank’s capital adequacy and net worth also improved. This performance highlights the bank’s operational strengths and financial stability.

• Silver fell more than 6% in its biggest drop in six months as the broad precious metals group retreated following a furious rally this week.