India condoles death of 12 nationals in Ras Laffan gas facility explosion, US senators flag Pakistan’s history of harbouring terrorists, hiding bin Laden, India initiates anti-dumping probe against imports of electrical steel from China, 3 other nations,

Market snaps 4 day winning run,Nifty below 25,050,Sensex falls 153 pts

The domestic share market indices eased on Wednesday, snapping a four-day winning run amid volatility as selling pressure weighed on most sectors except IT and consumer durables.At close, the Sensex was down 153.09 points or 0.19 percent at 81,773.66, and the Nifty was down 62.15 points or 0.25 percent at 25,046.15. 
Titan Company, Infosys, TCS, Tech Mahindra and Max Healthcare were the top gainers on the Nifty, while losers included Tata Motors, UltraTech Cement, Jio Financial, ONGC, Trent.On the sectoral front,except consumer durables (up 0.7), IT (up 1.5%) all other sectoral indices ended in the red with realty, telecom, pharma, oil & gas, media, PSU Bank, auto down 0.3-2%.BSE Midcap index shed 0.7% and Smallcap indices declined 0.4%.
Rupee Close:
On 8 Oct'25,the Indian rupee witnessed range bound trade on Wednesday and settled for the day lower by 3 paise at 88.79 against the US dollar, tracking a negative trend in domestic equities amid a rise in risk-off sentiments.Forex traders said the US dollar is holding its ground, yet beneath the dollar's steady facade lies a growing tension.
Trading Guide: 
Vinod Nair, Head of Research, Geojit Investments stated, National indices witnessed a volatile session, tempered by profit booking after a sharp rally. Investor caution dominated ahead of the Q2 earnings season, as market participants reassessed valuations and growth prospects. Sectoral trends were mixed ,IT stocks outperformed on resilient demand and attractive valuations, while Auto, Banking, and FMCG faced profit-taking pressure. Heightened global uncertainties and the ongoing US government shutdown drove gold to a historical high, reflecting elevated risk aversion. Attention now turns to the September FOMC minutes for signals on the Fed’s policy stance. Going forward, while global developments remain relevant, market focus is likely to shift toward domestic earnings, macroeconomic data, and the upcoming festive season.
Market experts recommended five stocks to buy on Wednesday-Transrail Lighting, Dr. Agarwal's Health Care, India Nippon Electricals, Aditya Infotech, and Precision Wires India.

(Business Correspondent)


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