Sensex, Nifty Rally as Banks, Midcaps Lead Gains | 16 Oct 2025
Sensex and Nifty extended gains on October 16, driven by strong banking and midcap performance amid easing volatility as India VIX fell. Investors remain focused on technical supports and positive global cues including अंतरराष्ट्रीय मुद्रा कोष backed growth outlook.
Indian equities advanced on October 16 propelled by strength in banking and midcap stocks, with Sensex gaining 342.61 points to 82,948.04 and Nifty up 98.7 points at 25,422.25. Volatility eased as India VIX dropped 3.14%, reflecting growing investor confidence. Market participants watch for sustaining rallies amid strong technicals and global signals including dovish US Fed remarks and easing trade tensionsअंतरराष्ट्रीय मुद्रा कोष supported growth outlook.
Snapshot – 9:15 AM IST, 16 October 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 82,948.04 | 342.61 | 0.41 |
| NIFTY 50 | 25,422.25 | 98.70 | 0.39 |
| NIFTY BANK | 57,122.15 | 322.25 | 0.57 |
| NIFTY IT | 35,360.05 | -41.75 | -0.12 |
| India VIX | 10.47 | -0.06 | -0.57 |
| NIFTY Midcap 100 | 59,091.75 | 121.75 | 0.21 |
| NIFTY Smallcap 100 | 18,183.90 | 95.85 | 0.53 |
Latest News & Trends
- Banks and midcaps lead gains on strong Q2 corporate results and positive liquidity flows.
- Volatility tightens as India VIX drops below 11, signaling reduced market uncertainty.
- Investors monitor global developments including US Fed policy outlook and trade agreements.
- IT sector trades marginally lower amid profit booking but remains supported by solid fundamentals.
- Analysts highlight key technical support on Nifty near 25,150, with resistance around 25,450 for further upside.
Predictions & Watch Outs
- Expect continued positive momentum if Nifty sustains above 25,150; key resistance at 25,450–25,500.
- Favor banks, midcaps for further upside; caution advised on IT short-term correction.
- Trade strategy: Maintain balanced portfolio with focus on earnings plays and market catalysts.