Nifty Index Overview
The Nifty index opened on a positive note and maintained its momentum throughout the day, with bulls driving the index higher to 25,220 points. Over the last four sessions, it has moved approximately 650 points, boosting market sentiment. However, profit-taking emerged in the final hour, eroding most of its intraday gains. The daily chart shows a small-bodied candle, with the index making higher highs and higher lows over the past four sessions.
For the next move, the index needs to hold above the 25,050 zone to target 25,250 and then 25,350 levels. On the downside, supports are seen at 25,000 and 24,900 zones.
Option Front
– Maximum Call Open Interest (OI) is placed at 25,200 and 25,500 strikes.
– Maximum Put OI is at 25,000 and 25,100 strikes.
– Call writing observed at 25,200 and 25,300 strikes.
– Put writing noted at 25,000 and 25,200 strikes.
Option data suggests a broader trading range between 24,600 and 25,600 zones, with an immediate range of 24,900 to 25,300 levels.
S&P BSE Sensex
The Sensex opened on a flat note but gained steadily during the first half of the session. Volatility increased later, with profit booking in the final hour. It has been forming a sequence of higher tops and higher bottoms over the past four sessions. On the daily chart, a small-bodied candle with a long upper shadow indicates buying support at lower levels but limited upside.
The index ended the day with gains of about 140 points. It needs to maintain above 81,600 for an upward move toward 82,200 and 82,500 levels. Support levels have shifted higher to 81,600 and then 81,300.
Bank Nifty
Bank Nifty opened flat near 56,100 but showed good momentum, reaching 56,500 in the first half of the session. It then consolidated within a narrow 200-point range between 56,300 and 56,500, maintaining an overall positive bias. The daily chart reflects a bullish candle with higher lows over recent sessions, indicating sustained buying interest at lower levels.
The rate-sensitive Bank Nifty has rallied nearly 2,000 points in the last five sessions, outperforming the broader market. For further gains, it needs to hold above 56,250, targeting 56,500 and 57,000. Supports are placed at 56,000 and 55,750.
Nifty Futures
Nifty futures closed positive with gains of 0.17%, settling at 25,229 levels.
Stock Movers
Positive momentum was observed in stocks such as IGL, Amber Enterprises, RVNL, Petronet, Titagarh Rail Systems, Federal Bank, CDSL, Nykaa, JSW Energy, and Bharti Airtel.
Weakness was noted in BDL, Britannia Industries, Tata Consumer Products, Trent, Tata Motors, HDFC AMC, KFin Technologies, PNB Housing, Pidilite Industries, and HDFC Life.
JIOFIN – Technical Call of the Day
JIOFIN is trading above its critical 100 and 200 EMA levels on the daily chart and is close to closing above the 40 EMA, signaling strengthening momentum. The stock has been forming higher highs and higher lows, reflecting bullish undertones. Additionally, positive RSI divergence and rising volumes confirm improving buying interest, suggesting a continuation of the uptrend.
**Trading Advice:**
BUY JIOFIN at CMP 309.90
Stop Loss: 293.00
Target: 340.00
Top 5 Stocks to Watch on 8th October 2025
1. **Godrej Consumer Products Ltd (GCPL):**
Recent GST reforms reducing rates to 5% on about one-third of GCPL’s portfolio are expected to fuel consumer demand and support volume-led growth. While short-term trade adjustments have impacted near-term growth and profitability, the company anticipates mid-single-digit value growth in India. The Home Care segment continues strong performance, whereas Personal Care faces temporary softness. Internationally, Indonesia experiences pricing pressures, but the Africa, USA, and Middle East (GAUM) markets are set for double-digit growth. Consolidated revenue is expected to rise mid-single digits, with profitability improving in H2.
2. **Keystone Realtors:**
The company reported that pre-sales rose 9% YoY to Rs 7.63 billion in Q2FY26 and 40% YoY to Rs 18.31 billion in H1FY26, achieving 46% of full-year guidance. Collections increased by 9% YoY in Q2FY26 to Rs 6.01 billion and 13% YoY in H1FY26 to Rs 11.77 billion. Keystone launched one project in Q2 and four in H1FY26, meeting 70% of its annual launch target. Additionally, three redevelopment projects with a Gross Development Value (GDV) of Rs 77.27 billion were added, surpassing the full-year business development guidance.
3. **IRB Infrastructure Developers Ltd:**
IRB Infrastructure Developers Ltd and IRB Infrastructure Trust reported an 11% YoY increase in toll revenue to Rs 557 crore in September 2025, up from Rs 502 crore last year. Despite extended monsoons and GST reform-related softness affecting goods movement, the company remained resilient. Sustained growth is expected ahead, supported by the festive season and improved economic activity post-GST 2.0 implementation.
4. **Container Corporation of India Ltd (CONCOR):**
CONCOR has entered into a strategic agreement with UltraTech Cement Ltd., India’s largest cement manufacturer, to transport bulk cement using specialized tank containers. This collaboration aims to promote rail-based cargo movement, aligning with India’s vision for sustainable logistics. Under this partnership, CONCOR will provide dedicated rakes for bulk cement transportation across designated rail corridors, marking a significant advancement in redefining bulk cement logistics in India.
5. **Titan Company Ltd:**
The domestic jewellery business grew approximately 19% YoY in Q2FY26, driven by higher ticket sizes amid rising gold prices and festive demand, supported by robust promotions and marketing efforts. Studded jewellery outperformed gold jewellery, while gold coins maintained momentum. The watches segment grew 12% YoY, led by analog watches, though smart wearables declined 23%. The EyeCare segment rose 9% YoY, supported by growth in international brands and e-commerce. Emerging businesses saw strong growth — fragrances up 48%, women’s bags up 90%, and Taneira up 13%. The international business surged 86% YoY, led by a doubling of U.S. sales of Tanishq and strong performance in the GCC markets.
—
*Image credits: File Images*
https://www.freepressjournal.in/business/market-outlook-technical-call-of-the-day-top-5-stocks-in-focus-for-october-8-2025
