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Nifty Continued Gaining Streak for 3rd Straight Session: Buying in Financial Stocks

Written by: Sachin GuptaUpdated on: 6 Oct 2025, 5:17 pm IST
Nifty is in positive territory on October 6 amid positive sentiments arising from Q2 business updates, upcoming IPOs and more.
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On October 6, 2025, Indian equity benchmarks, Nifty50, continued its upward momentum for the 3rd consecutive session. This momentum was buoyed by strong buying in financial stocks following robust Q2 business updates. 

The broader markets also maintained their resilience, as investor sentiment remained upbeat ahead of two high-profile IPOs: Tata Capital’s debut today, followed by LG Electronics India’s offering tomorrow.

In early trade, the Sensex climbed 264.55 points (0.33%) to reach 81,471.72, while the Nifty advanced 76.40 points (0.31%) to 24,970.65. Market breadth was largely balanced, with 1,777 stocks advancing, 1,717 declining, and 170 remaining unchanged.

Volatility Higher on October 6

The India VIX — a gauge of short-term market volatility — edged up nearly 3%, reflecting a slight uptick in investor caution. Uncertainty around the evolving economic dynamics between India and the US added to the subdued undertone.

Also Read: Sensex Opens in Green on Oct 6; Bajaj Finance, Bajaj Finserv & More Lead Gains

Q2 Earnings Season to Commence This Week 

Investor focus is now shifting to the Q2 earnings season, with corporate commentary expected to shape market expectations for the remainder of the fiscal year. All eyes are on TCS, which kicks off the earnings season on October 9, keeping the IT sector under the spotlight. The Nifty IT index rose close to 1%, driven by gains in TCS, Infosys, and HCL Technologies.

Meanwhile, financial stocks continued to drive market gains. Kotak Mahindra Bank and HDFC Bank were among the top performers after posting strong loan growth in the September quarter, prompting positive reactions from brokerages.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 6, 2025, 11:44 AM IST

Sachin Gupta

Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.

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