Equity markets trade higher in early trade on buying in IT stocks, fresh foreign fund inflows

By Admin

08 Oct, 2025

Equity markets opened on a positive note on Wednesday (October 8, 2025), continuing their winning streak for the fifth consecutive session. The rally was driven by strong buying in IT stocks and renewed foreign fund inflows, signaling improved investor confidence.

Indices Continue Upward Momentum
In early trade, the 30-share BSE Sensex advanced 254.02 points to reach 82,180.77, while the 50-share NSE Nifty climbed 70.25 points to 25,178.55. This consistent uptrend highlights sustained market optimism despite global uncertainties.

IT Stocks Lead the Gains
Among the top performers in the Sensex pack were Titan, Infosys, Tata Consultancy Services, Tech Mahindra, HCL Tech, and Maruti, which collectively boosted the benchmark indices. The IT sector, in particular, saw renewed buying interest following signs of recovery in global technology demand and positive earnings outlooks.

Laggards in the Session
On the other hand, Power Grid, Sun Pharma, UltraTech Cement, and Hindustan Unilever emerged as the major laggards, witnessing mild profit booking after recent gains.

Foreign Investors Return to Buying
According to exchange data, Foreign Institutional Investors (FIIs) turned net buyers on Tuesday (October 7), purchasing equities worth ₹1,440.66 crore. This inflow supported market sentiment and added strength to the ongoing rally.
V.K. Vijayakumar, Chief Investment Strategist at Geojit Investments Limited, commented, “The ongoing mild rally in the market has support from institutional investment. FIIs turning buyers yesterday is a positive development. But it is too early to say that this trend will sustain.”

Mixed Global Market Cues
In Asia, Japan’s Nikkei 225 index traded higher, while Hong Kong’s Hang Seng index moved lower. Meanwhile, markets in China and South Korea remained closed due to holidays. In the U.S., markets ended lower on Tuesday (October 7), reflecting investor caution ahead of economic data releases.

Commodity Market Update
On the commodities front, Brent crude, the global oil benchmark, rose 0.78% to $65.96 per barrel, reflecting minor fluctuations in energy prices amid geopolitical tensions.

Previous Session Recap
On Tuesday (October 7), the Sensex had gained 136.63 points or 0.17% to settle at 81,926.75, while the Nifty advanced 30.65 points or 0.12% to close at 25,108.30.

Outlook
Analysts believe that while IT and financial sectors continue to drive market optimism, volatility may persist due to global economic factors and crude oil price movements. Sustained FII participation and stable macroeconomic conditions could further support the indices in the coming sessions.