Indian benchmark indices, the Sensex and Nifty, experienced a downturn on Wednesday, October 8, 2025, bringing an end to their impressive four-day rally. This dip was primarily driven by significant selling pressure on heavyweight blue-chip stocks like Reliance Industries (RIL) and HDFC Bank.
Trading in a volatile session, the 30-share BSE Sensex eventually closed 153.09 points, or 0.19%, lower, settling at 81,773.66. Throughout the day, the index saw considerable swings, reaching an intra-day high of 82,257.74 before falling to a low of 81,646.08, reflecting a wide gyration of 611.66 points.
Similarly, the 50-share NSE Nifty also recorded a decline, shedding 62.15 points, or 0.25%, to close at 25,046.15.
Leading the pack of laggards among Sensex companies were prominent names such as Tata Motors, Mahindra & Mahindra, Bharat Electronics, UltraTech Cement, Trent, Sun Pharma, Power Grid, and Reliance Industries.
Conversely, some stocks managed to defy the trend, with Titan, Infosys, Tata Consultancy Services, HCL Tech, and Tech Mahindra emerging as the top gainers of the day.
Vinod Nair, Head of Research at Geojit Investments Limited, commented on the market’s performance, stating, “Key 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.”
Notably, Foreign Institutional Investors (FIIs) showed a renewed interest in buying on Tuesday, October 7, 2025, acquiring equities worth ₹1,440.66 crore, as per exchange data.
On the global front, Asian markets generally closed lower, with Japan’s Nikkei 225 index and Hong Kong’s Hang Seng index experiencing declines. Markets in China and South Korea remained closed for public holidays. Meanwhile, European markets were trading with gains, while U.S. markets had closed lower on the preceding Tuesday, October 7, 2025.
In commodities, the global oil benchmark Brent crude saw an increase of 1.16%, reaching $66.21 a barrel.
It’s worth noting that the previous trading day, Tuesday, October 7, 2025, had seen the Sensex advance by 136.63 points (0.17%) to 81,926.75, and the Nifty gain 30.65 points (0.12%) to close at 25,108.30, extending the multi-day rally that ended today.