
Evening Market Recap: Sensex Rises 329, LG IPO Records Massive Subscription
Evening Market Recap — 10 Oct 2025
Market Closing
Indian benchmarks closed higher after a broad-based rally. The Sensex rose ~329 points to about 82,500.82, while the Nifty settled around 25,285.35. Market breadth was positive as multiple sectors participated in the upside.
Sector Highlights
- IT, Financials and Consumer names contributed meaningfully to the rally as investors rotated into quality themes.
- Midcap and smallcap indices also advanced, helping breadth.
Top Gainers
- SBI and Maruti were among noticeable winners, each delivering strong intraday gains.
- HCL Technologies and select IT names outperformed, reflecting upbeat pockets within the tech space.
Top Losers / Pressure Spots
- A small set of commodity-related or cyclical names saw profit-taking late in the session; overall market breadth stayed positive. (Examples and intraday moves sourced from live market feeds.)
Stock notes (selected)
- TCS: Results showed mixed signals — revenue beat expectations while some cost items moderated profits. The stock was volatile on earnings-day headlines; direction was stock-specific rather than market-wide.
- ONGC: Energy counters were mixed across the session; ONGC traded with modest upside on intraday flows (reference live price feeds).
IPO Buzz — LG Electronics & Tata Capital
- LG Electronics India IPO drew a historic response, with the issue receiving record bids (reported ~54× subscriptions / ~₹4.3–4.4 lakh crore in bids) — making it one of the most subscribed offers in India. Analysts say the scale of bids underscores strong retail + institutional interest in marquee listings.
- Tata Capital IPO also closed with solid subscription (reported ~1.95× overall), driven mainly by QIB and institutional demand; retail participation was more modest. Allotment and listing timetable are being completed.
Expert Take
The market’s positive finish reflects continued domestic flows and selective buying ahead of the next round of corporate results and large IPO listings. While headline subscription numbers for LG are exceptional, investors should watch listing dynamics and GMP trends rather than assuming automatic listing gains.
Key Takeaway
- Benchmarks closed stronger, led by banking, IT and consumer pockets.
- Primary market activity is front-and-center: LG’s record subscription and Tata Capital’s strong book are dominating attention.
- For short-term moves, watch listing-day performance and early GMP signals — these will affect momentum into next week.
Stay updated with live GMP and listing tracking on GAINIPO GMP Tracker