Weekly Indian Stock Market Update Report (October 13-17, 2025) | Scrolls
- Editor
- Oct 19
- 2 min read
by KarNivesh | 19 October, 2025
Overview
The Indian stock market maintained a strong bullish trend during the week, with the Sensex closing at 83,952.19 and the Nifty 50 at 25,709.85, both gaining around 1.5–1.6%. The rally was largely driven by large-cap stocks, while midcaps and smallcaps saw some profit booking. Major gainers were from capital markets, IT, digital, and healthcare, while FMCG, metals, and defence lagged.
Despite global volatility-where the S&P 500 fell 1.9%, Nasdaq 3.5%, and Hang Seng 3.1%-India outperformed due to robust domestic flows, easing inflation, and solid Q2 earnings. The GDP growth for Q1 FY26 stood at 7.8% YoY, prompting the RBI to raise FY26 growth projections to 6.8%. Inflation remained exceptionally low, with CPI at 1.54% and WPI at 0.13%, the lowest in over eight years, mainly due to a drop in food prices.
The RBI kept the repo rate unchanged at 5.50%, maintaining a neutral stance but hinting at a potential rate cut in December if disinflation continues. This monetary stability, along with robust consumption and government expenditure, reinforced investor confidence.
Globally, macroeconomic uncertainty persisted, with the IMF revising global growth to 3.2%. The US avoided a government shutdown, though delayed data releases added market anxiety. China continued to battle deflation, while Japan and the UK faced labour market challenges.
In the corporate sector, Q2 FY26 earnings were positive overall.
Reliance Industries reported a 9.7% YoY rise in net profit to ₹18,165 crore, driven by strong digital and retail segments.
HDFC Bank and ICICI Bank delivered robust results, reinforcing private banking strength.
Infosys and Wipro posted modest growth due to weak global IT demand.
JSW Steel, Polycab, and Indian Bank showed double-digit profit increases.
The IPO market remained vibrant, with listings from Midwest Ltd, Canara HSBC Life Insurance, Rubicon Research, and Tata Capital attracting solid subscriptions. Notable upcoming IPOs include Hyundai Motors, Swiggy, NTPC Green, and Lenskart. The SME segment continued to thrive-200+ IPOs launched in 2025, with ~70% yielding positive returns.
The Indian rupee appreciated to ₹88 per USD, its strongest in four months, supported by RBI interventions. Meanwhile, the 10-year bond yield fell to 6.48–6.50%, reflecting dovish expectations. Corporate bonds also saw renewed investor demand, with ₹7,750 crore raised during the week.
Foreign Institutional Investors (FIIs) turned net buyers after a long gap, while Domestic Institutional Investors (DIIs) injected a record ₹14,500 crore, especially in BFSI, capital goods, and healthcare.
On the commodities front, gold surged past $4,000/oz (₹3,52,000 per tola) amid global risk aversion, while oil and metals weakened due to soft demand.
Looking ahead, markets will watch India’s trade data, the next set of Q2 earnings, and RBI minutes for cues. Sectors likely to lead include banking, capital markets, and consumer durables, while IT and healthcare may gain from rupee volatility.
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