October 6, 2025 (Midcap): Nifty 50 holds Strong at 25,000; KIOCL, Orient Tech shine while Hemispher Prop, IVZIN Gold slump

Mumbai: The Nifty 50 hovered around the 25,000 mark on October 6, 2025 intraday, supported by banking strength and positive breadth, while select mid- and small-cap movers saw sharp swings on heavy volumes, with KIOCL and Orient Technologies among top gainers and Hemisphere Properties and IVZIN Gold sliding noticeably.

Also Read: 3 October 2025: Nifty 50 Climbs Higher; Strong Outperformance from ORISSAMINE, KIOCL, and ORIENTTECH

Market snapshot

Nifty 50 traded near 25,000 with intraday levels around open 24,916.55, low ~24,883–24,882, and an early-day push toward the 25,000–25,095 band as momentum improved versus last week’s close, aligning with pre-market views that flagged 25,000 as a key hurdle. Technical commentary through the session pointed to a constructive bias as the index attempted to sustain above critical moving averages, with the 25,100–25,250 zone seen as the next resistance band if 25,000 is held on closing basis.

Banks lead the move

Banking shares provided the leadership, with Nifty Bank advancing toward the mid‑56,000s after a gap-up open, breaking above a falling trendline and reinforcing bullish momentum on RSI and MACD gauges, keeping supports at 55,700–55,600 intact. Intraday derivatives commentary indicated upside objectives toward 56,250–56,500 while cautioning on a possible pause if 56,250 caps temporarily, with 56,000 and 55,800 marked as near supports.

Gainers in focus

• KIOCL rallied sharply with strong participation, featuring one of its biggest single‑day gains since 2023 alongside elevated volumes and delivery prints reported into the prior session’s buzz, keeping sentiment firm today as it approached the ₹600+ zone intraday.

• Orient Technologies extended strength after outsized volumes late last week, with turnover far above recent averages and price still well above IPO levels, drawing trader attention among volume buzzers.

• Tarachand and Sigma appeared on top-performer screens intraday with gains near the 18–20 percent band in broader market action, reflecting active small-cap risk appetite alongside banking-led index support.

Losers under pressure

• Hemisphere Properties faced double‑digit percentage declines on the day’s laggards list, reflecting profit‑taking in pockets of real assets and infra-linked small caps despite index firmness.

• IVZIN Gold fell over 10 percent intraday, joining broader metals and select commodities-linked names that underperformed even as headline indices steadied near the 25,000 mark.

• Cybertech and Prozoner also featured among notable decliners, underscoring dispersion beneath the index level as traders rotated back to banks and large IT counters.

Technical levels to watch

• For Nifty 50, the 25,000 line remains the immediate pivot; a decisive hold opens 25,100–25,250, while failure risks rangebound trade back toward the 24,900–24,600 support band highlighted by pre‑open setups.

• For Nifty Bank, upside markers sit at 56,250 and 56,500, with pullback supports at 56,000 and 55,800, as private banks continue to outperform PSU peers on momentum readings.

Outlook

With banks breaking higher and volatility subdued, the bias stays constructive so long as Nifty 50 holds above 24,900–25,000 on a closing basis, though the 25,200–25,500 supply zone could temper near‑term upside and encourage consolidation. Stock‑specific action should remain elevated in volume buzzers and small caps, but traders may prefer dips in leaders within banking and frontline IT given improving index structure and trend confirmations on higher time frames.

Conclusion: October 6, 2025 (Midcap)

Index resilience at 25,000 alongside Bank Nifty momentum keeps the near‑term trend positive, but resistance overhead suggests a measured approach with focus on leaders and disciplined risk levels around 24,900 for the headline index and 56,000 on banks.

Technical commentary through the session pointed to a constructive bias as the index attempted to sustain above critical moving averages, with the 25,100–25,250 zone seen as the next resistance band if 25,000 is held on closing basis.