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Stock Market News: Sensex Gains Nearly 400 Points, Nifty Finishes Above 25,100 Amid Rally In IT and Pharma Stocks

Stock Market News: While the indices began the session on a flat note, the Nifty continued to trade positively, closing near the intra-day high. Pharma shares benefitted from a change in investor sentiment following the Trump administration’s clarification that it will not impose tariffs on generic drug imports to the US

Stock Market News: Sensex Gains Nearly 400 Points, Nifty Finishes Above 25,100 Amid Rally In IT and Pharma Stocks
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Stock Market Today: The Sensex and the Nifty finished higher on October 10 amid gains in the IT, Metals and Pharma space.

The Sensex and the Nifty ended higher on October 9, 2025. The 30-share Sensex finished at 82,172.10, up by 398.44 points or 0.49 per cent. On the other hand, the Nifty 50 finished at 25,181.80, up by 135.65 points or 0.54 per cent. The gains seen on D-Street were driven by strong investor interest in pharmaceutical, IT and metal stocks.

While the indices began the session on a flat note, the Nifty continued to trade positively, closing near the intra-day high. Pharma shares benefitted from a change in investor sentiment following the Trump administration’s clarification that it will not impose tariffs on generic drug imports to the US. IT stocks saw continued investor interest on October 9, ahead of the announcement of Tata Consultancy Services’ financial results for the quarter ending September 30, 2025.

Tata Steel and JSW Steel Lead Gainers

Shares of Tata Steel and JSW Steel emerged as the top-gainers among the Nifty 50 stocks. Tata Steel and JSW Steel closed higher by 2.48 per cent and 2.34 per cent, respectively on the NSE. Other major gainers included SBI Life Insurance Company, HCL Technologies and Bharat Electronics, which finished the session higher by 2.26 per cent, 2.15 per cent and 1.55 per cent, respectively.

Nifty Metal, Nifty Pharma and Nifty IT Rally

Among the sectoral indices, the Nifty Metal, Nifty Pharma and Nifty IT rallied the most in today’s trade. The Nifty Metal finished higher by 2.17 per cent, the Nifty Pharma finished higher by 1.05 per cent, and the Nifty IT closed with gains of 1.12 per cent. Broader market indices also tracked gains in the benchmark indices, as the Nifty MidCap 100 and the Nifty SmallCap 100 closed higher by 0.97 per cent and 0.61 per cent, respectively.

Global Markets On October 9

Asian markets finished the session mixed on October 9. Japan’s Nikkei 225 closed the session with gains of 1.60 per cent and the Shanghai Composite closed the session with gains of 1.30 per cent. On the other hand, the Hang Seng index declined 0.35 per cent at the close.

Primary Market Action

The mainboard issue of LG Electronics India’s initial public offering (IPO) closed for subscription on October 9. The SME issues of Shlokka Dyes’ IPO and Mittal Sections’ IPO also closed for subscription today. Elsewhere, the mainboard issues of Canara Robeco Asset Management IPO and Rubicon Research IPO opened for subscription today. Shares of Greenleaf Envirotech also made their debut on the NSE SME Emerge platform on October 9.

Market Outlook

D-Street is likely to factor in several developments in trade on October 10, including the announcement of financial results by IT major TCS and the beginning of the earnings season. International cues, such as the conclusion of India-EU free trade agreement (FTA) talks on October 10 are also expected to impact market sentiment tomorrow.

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