Mumbai: Nifty 50 closed at 25,077.65 on 6 October 2025, up 183.40 points or 0.74%, reclaiming the 25,000 mark on broad gains led by banking and technology shares, even as select small caps saw sharp divergences in both directions. Bank Nifty finished at 56,104.85, up 515.60 points or 0.93%, underscoring sector leadership and a decisive trendline breakout highlighted by technical analysts.
Nifty 50 settled at 25,077.65 after an intraday high of 25,095.95 and low of 24,881.65, reflecting steady accumulation above the psychological 25,000 level into the close. Commentary across market wraps emphasized IT, private banks, and healthcare as top sectoral contributors to the advance on October 6, 2025.
Sector moves
IT led with gains of roughly 2% on the Nifty IT index, followed by private banks and financial services, while metals, FMCG, and media lagged into the bell, depicting a quality‑tilt risk-on tone. Broader market breadth was mixed with midcaps up and smallcaps near flat to slightly lower at the end, suggesting selective participation beneath the headline indices.
Bank Nifty momentum
The banking index rose 0.93% to 56,105, registering a breakout above a falling resistance trendline and closing at the highest level since late July, with RSI north of 60 and MACD firmly positive, pointing to continuation potential. Immediate upside markers cited by analysts include 56,600 and 57,000, while supports are placed at 55,700–55,600 for pullbacks in the near term.
Top gainers: KIOCL, Orient Tech, more
KIOCL surged to about ₹634–635, locking a 20% upper circuit on heavy volume exceeding 2.6 crore shares, ranking among the day’s most active and strongest performers in the broader market.
Orient Technologies jumped roughly 20% to about ₹510, with volumes near 1.6 crore shares, sustaining last week’s high‑turnover momentum and remaining on trader radars among volume buzzers.
AAATECH and Tarachand also hit the 20% band, while Atlantaa advanced about 20%, illustrating outsized moves in select small caps despite a more measured broader market finish.
Notable laggards: Hemisphere, IVZIN Gold
Hemisphere Properties dropped around 18–19% to the ₹149–150 zone on extremely high turnover exceeding 1 crore shares, signaling sharp profit‑taking within real-asset themed counters.
IVZIN Gold fell more than 11% to about ₹10,510 with low volumes, extending weakness in pockets tied to commodities as investors rotated to banks and IT leaders.
Prozoner and Sumeet Industries also declined in double digits intraday, underscoring dispersion below the index level even as benchmarks advanced.
Technical view and levels
Technical assessments flag a constructive setup for Nifty above 25,000, with resistance in the 25,200–25,500 band and key support near 24,900 for trend validation on dips, aligning with the day’s successful reclaim of 25k. For Bank Nifty, traders are watching 56,600 and 57,000 as near‑term targets, with a corrective cushion eyed at 55,700–55,600 if momentum pauses after the breakout stretch.
Outlook
A third straight session of gains alongside leadership from banks and IT improves the probability of a measured push toward 25,200–25,500 on Nifty, provided 24,900–25,000 zones hold on pullbacks into earnings season. Stock‑specific volatility is likely to persist in small caps, suggesting a focus on strength within private banks and front‑line IT while respecting supports around 55,700 for Bank Nifty and 24,900 for Nifty.
Conclusion
Indian equities ended firm with Nifty back above 25,000 and Bank Nifty confirming bullish momentum, while outsized moves in names like KIOCL and Orient Tech contrasted with sharp declines in Hemisphere Properties and IVZIN Gold, pointing to a momentum‑driven, selective market under a constructive index trend.