Abhishek Sinha
Mumbai, October 8, 2025: Indian equity benchmarks cooled off on Wednesday, snapping a four-day rally as weakness in auto and realty stocks offset gains in information-technology names.
The S&P BSE SENSEX closed at 81,773.66, down 153.09 points (0.19%), while the NSE NIFTY50 ended at 25,046.15, lower by 62.15 points (0.25%). Both indices slipped sharply from intraday highs — the SENSEX off about 484 points and the NIFTY50 down roughly 146 points from their peaks.
Market drivers
- Weak sectors: Realty, auto and media led declines, with Nifty Realty falling about 1.83% and Nifty Auto down around 1.53%.
- IT resilience: Nifty IT rose 1.51%, supported by gains in Infosys (≈2.3%), TCS (≈1.94%) and Coforge (≈1.36%).
- Top movers: Tata Motors paced losses (down roughly 2.5%), followed by Mahindra & Mahindra, Jio Financial Services, UltraTech Cement and Bharat Electronics. On the upside, Titan, Infosys, TCS, HCLTech and Tech Mahindra were among the biggest gainers.
Flows & breadth
- Institutional activity (Tuesday): Foreign institutional investors were net buyers to the tune of ₹1,440.66 crore, while domestic institutions bought ₹452.57 crore.
- Market breadth: Of 3,207 stocks traded on the NSE, 1,250 advanced, 1,864 declined and 93 were unchanged — indicating broader weakness.
- Other indicators: The combined market cap of NSE-listed firms fell by about ₹2.23 lakh crore to ₹455.49 lakh crore. India VIX rose 2.61% to 10.31.
Broader picture
Midcap and smallcap indices also closed lower — Nifty Midcap 100 (-0.73%) and Nifty Smallcap 100 (-0.52%). Global markets added pressure as Wall Street cooled and Asian peers mostly traded lower; safe-haven flows pushed gold to fresh highs, while investors monitored geopolitical and political developments overseas.
Takeaway
Markets paused for breath on October 8 as participants positioned ahead of the Q2 earnings season and weighed global macro risks. IT stocks provided limited support, but losses in cyclicals such as autos and realty capped broader gains.
