The Indian stock market continued its upward trajectory in the afternoon session on October 23, 2025, led by notable gains in major indices and significant activity in select midcap stocks. Market sentiment remained buoyant, supported by robust volumes and broad-based participation across sectors.
Nifty 50 Maintains Momentum
The Nifty 50 rose by 217.35 points, or 0.84%, to reach 26,085.95 as of 12:36 IST. The index opened at 26,057.20, recording a high of 26,099.70 during the session, while the low remained at 25,991.70. Likewise, Nifty Bank and other sectoral indices such as Nifty Next 50 and Nifty Financial Services reported steady gains, highlighting sustained investor optimism in large-cap stocks.
Top Gainers: Massive Volumes, Double-Digit Returns
Several midcap and smallcap stocks delivered outsized returns, buoyed by impressive volumes. EPACKPEB led the charge with a remarkable rally of 16.10% to Rs. 236.20, amassing a trading value of Rs. 544 crore on volumes of over 231 lakh shares. Coastcorp and FCSSOFT both soared by nearly 20%, closing at Rs. 44.80 and Rs. 2.53, respectively. KITEX and BAGFILMS also showed substantial percentage gains, reflecting a surge in investor interest in value and turnaround bets.
| Symbol | LTP | % Change | Volume (Lakhs) | Value (₹ Cr) |
|---|---|---|---|---|
| EPACKPEB | 236.20 | 16.10% | 231.62 | 544.00 |
| COASTCORP | 44.80 | 19.98% | 34.01 | 15.17 |
| FCSSOFT | 2.53 | 19.91% | 397.72 | 9.90 |
| KITEX | 215.60 | 15.43% | 79.15 | 167.82 |
| BAGFILMS | 7.87 | 14.72% | 6.12 | 0.46 |
Notable Decliners: Profit Booking Visible
Despite the market strength, some counters saw sharp corrections. Gallantt declined over 10% to Rs. 535.25, while Yatra and CAPTRU-RE1 tumbled more than 7%, indicating selective profit booking and rotation into outperforming sectors. ZEEMEDIA also slipped 9.51% even on heavy volumes, showing a divergence from the broader trend.
| Symbol | LTP | % Change | Volume (Lakhs) | Value (₹ Cr) |
|---|---|---|---|---|
| CAPTRU-RE1 | 6.29 | -10.65% | 0.90 | 0.05 |
| GALLANTT | 535.25 | -10.13% | 6.21 | 34.66 |
| ZEEMEDIA | 10.28 | -9.51% | 137.02 | 14.35 |
| KERNEX | 1,235.10 | -7.26% | 2.42 | 30.27 |
| YATRA | 156.35 | -7.06% | 15.47 | 24.74 |
Sectoral Focus and Trading Sentiment
The trading session underscored significant appetite for midcaps, driven by renewed retail and institutional flows. The high trading values in select names—especially EPACKPEB and KITEX—suggest targeted accumulation. Meanwhile, the sharp reversals in Gallantt and ZEEMEDIA point to ongoing volatility and sector-specific rotation, warranting a careful stock-picking approach in the coming days.
Conclusion: October 23, 2025 (Mid-cap)
On October 23, 2025, Indian equity benchmarks sustained their gains, boosted by strong momentum in key indices and a rally in select midcap stocks. While the majority of sectors participated in the rally, several counters saw notable corrections, highlighting the need for a balanced investment approach amid optimism and volatility.
For real time stock Updates, visit NSE website.
