Nifty index opened positive and maintained its momentum throughout the day, with bulls driving the index higher to the 25,220 mark. It has moved approximately 650 points in the last four sessions, boosting market sentiment. However, the index witnessed profit-taking in the last hour, giving up most of its intraday gains. It formed a small-bodied candle on the daily chart and has been making higher highs and higher lows over the past four sessions.
For an upward move, the index now needs to hold above the 25,050 zone, with potential targets of 25,250 and then 25,350 zones. Support levels can be seen at 25,000 followed by 24,900 zones.
**Option Front Analysis:**
Maximum Call Open Interest (OI) is observed at the 25,200 and 25,500 strike prices, while Maximum Put OI stands at 25,000 and 25,100 strikes. Call writing activity is seen at 25,200 and 25,300 strikes, whereas Put writing is active at 25,000 and 25,200 strikes. The 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.
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The S&P BSE Sensex index opened on a flat note and moved higher steadily during the first half of the session. Later, it turned volatile with profit booking in the final hour of trade. The index has been forming a sequence of higher tops and higher bottoms over the last four sessions.
On the daily chart, Sensex formed a small-bodied candle with a longer upper shadow, indicating buying support at lower levels but limited upside potential. The index ended the day with gains of around 140 points. To continue its upward trajectory, it needs to hold above the 81,600 zone, aiming for targets at 82,200 and then 82,500 zones. On the downside, supports are shifting higher at 81,600 and 81,300 levels.
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Bank Nifty index opened flat near 56,100 levels but showed good momentum towards 56,500 zones in the first half of the session. Later, it consolidated in a narrow range of 200 points between 56,300 and 56,500 zones with an overall positive bias.
The index formed a bullish candle on the daily chart, indicating buying interest at lower levels and a pattern of higher lows over recent sessions. The rate-sensitive index has rallied nearly 2,000 points in the last five sessions and is outperforming the broader market.
For further gains, Bank Nifty must sustain above 56,250, targeting 56,500 and 57,000 zones. On the downside, support levels stand at 56,000 and 55,750 zones.
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Nifty futures closed positive with gains of 0.17% at 25,229 levels.
**Stock Highlights:**
Positive momentum was observed in stocks like IGL, Amber Enterprises, RVNL, Petronet, Titagarh Rail Systems, Federal Bank, CDSL, Nykaa, JSW Energy, and Bharti Airtel.
Weakness was seen in BDL, Britannia Industries, Tata Consumer Products, Trent, Tata Motors, HDFCAMC, KFIN Technologies, PNB Housing, Pidilite Industries, and HDFC Life.
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### Technical Call of the Day: JIOFIN
JIOFIN is trading above its key 100 and 200 EMA levels on the daily chart and is close to closing above its 40 EMA, signaling strengthening momentum. It has been forming higher highs and higher lows, reflecting bullish undertones.
Positive RSI divergence and a noticeable rise in volumes further confirm improving buying interest and the potential continuation of the uptrend.
**Recommendation:**
BUY JIOFIN
CMP: ₹309.90
Stop Loss (SL): ₹293.00
Target (TGT): ₹340.00
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### Top 5 Stocks to Watch on 8th Oct 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 boost consumer demand and support volume-led growth. Although short-term trade adjustments have affected near-term growth and profitability, mid-single-digit value growth is anticipated in India.
Home Care continues to perform strongly, while Personal Care faces temporary softness. Internationally, Indonesia experiences pricing pressure, but regions like Africa, USA, and the Middle East (GAUM) are expected to deliver double-digit growth. Consolidated revenue is projected to increase mid-single digit, with profitability improving in H2.
**2. Keystone Realtors:**
The company reported a 9% YoY rise in pre-sales to Rs 7.63 billion in Q2FY26 and a 40% YoY increase to Rs 18.31 billion in H1FY26, achieving 46% of full-year guidance. Collections grew 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 projects in H1FY26, reaching 70% of the annual launch target. Additionally, three redevelopment projects with a Gross Development Value (GDV) of Rs 77.27 billion were added, surpassing full-year business development guidance.
**3. IRB Infrastructure Developers Ltd:**
IRB Infrastructure Developers Ltd and IRB Infrastructure Trust reported an 11% YoY rise in toll revenue to Rs 557 crore in September 2025, up from Rs 502 crore last year. Despite extended monsoons and temporary softness due to GST reforms affecting goods movement, the company’s performance remained resilient.
Sustained growth is expected ahead, driven by the festive season and improved economic activity following GST 2.0 implementation.
**4. Container Corporation of India Ltd. (CONCOR):**
CONCOR entered into a strategic agreement with UltraTech Cement Ltd., India’s largest cement manufacturer, to transport bulk cement using specialized tank containers. This collaboration marks a major step forward in promoting rail-based cargo movement and supporting India’s vision of sustainable logistics.
CONCOR will provide dedicated rakes for bulk cement transportation across identified rail corridors, 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 strong promotions and marketing efforts. Studded jewellery outperformed gold, while gold coins maintained steady momentum.
The watches segment grew about 12% YoY, led by analog watches, though smart wearables declined by 23%. EyeCare rose roughly 9% YoY, benefiting from gains in international brands and e-commerce.
Emerging businesses showed robust growth — Fragrances up 48%, Women’s Bags up 90%, and Taneira up 13%. The international business surged 86% YoY, driven by Tanishq’s doubling of U.S. sales and solid performance in the GCC region.
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*Images referenced in the original report are available upon request.*
https://www.freepressjournal.in/business/market-outlook-technical-call-of-the-day-top-5-stocks-in-focus-for-october-8-2025
