Markets bounce back: NIFTY50 surges 228 points, SENSEX near 81,000; Tata Motors, Shriram Finance among top gainers

Indian equity benchmarks snapped their eight-day losing streak on Wednesday, with both the NIFTY50 and SENSEX closing near day’s high points amid positive momentum in Banking, Pharma and Media sector stocks. Markets made a cautious start but soon gained traction and traded higher throughout the day after the Reserve Bank of India (RBI) kept its policy interest rate unchanged at 5.5%for the second consecutive time, citing concerns over tariff uncertainties. Also, the RBI lowered FY26 consumer price index (CPI) estimates to 2.6%

Some of the important factors in trade

India building self-reliance, resilient supply chains to counter weaponisation of trade: Traders took some support with Commerce and Industry Minister Piyush Goyal’s statement that India is focusing on self-reliance by building capabilities and resilient supply chains, which will help the country tackle global challenges like weaponisation of trade.

**India's external debt rises to $747.2 **: Traders overlooked Reserve Bank of India (RBI) latest data which showed that India's external debt stood at $747.2 billion at the end of June 2025, an increase of $11.2 billion over its level at March-end 2025.

Global front: European markets were trading in green despite rise in Eurozone inflation in the month of September. Asian markets ended mostly in green following the positive cues from the US markets overnight.

The SENSEX ended at 80983.31, up by 715.69 points or 0.89% after trading in a range of 80159.90 and 81068.43. There were 21 stocks advancing against 9 stocks declining on the index.

The broader indices ended in green; the BSE Mid cap index was up by 0.91%, while Small cap index up by 1.16%.

The top gaining sectoral indices on the BSE were Bankex up by 1.44%, Telecom up by 1.26%, Healthcare up by 1.13%, Realty up by 1.11% and Utilities up by 1.03%, while there was no losing sectoral index on BSE.

The NIFTY50 ended at 24836.30, up by 225.20 points or 0.92% after trading in a range of 24605.95 and 24867.95. There were 39 stocks advancing against 11 stocks declining on the index.

The top gainers on Nifty were Tata Motors up by 5.61%, Shriram Finance up by 5.29%, Kotak Mahindra Bank up by 3.54%, Adani Enterprises up by 3.46% and Trent up by 3.30%. On the flip side, Bajaj Finance down by 1.12%, Ultratech Cement down by 1.04%, SBI down by 0.96%, Tata Steel down by 0.75% and Asian Paints down by 0.60% were the top losers.

European markets were trading higher; Germany’s DAX gained 100.88 points or 0.42% to 23,981.60, UK’s FTSE 100 increased 66.77 points or 0.71% to 9,417.20 and France’s CAC rose 20.26 points or 0.26% to 7,916.20.