Evening Market Recap — 08 Oct 2025

Market Closing

Markets ended on a cautious note after a volatile trading session. The Sensex fell 153 points to close at 81,773, while Nifty slipped 62 points to 25,046.
Investors booked profits ahead of key global data releases and Q2 corporate earnings.

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Sector Highlights

• Banking, Auto, and Realty sectors dragged indices lower due to weak global cues.
• Consumer Durables remained a bright spot, supported by festive season demand.
• Midcap and smallcap indices underperformed, falling 0.7% and 0.4% respectively.

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Top Gainers

• Titan Company gained nearly 4.3%, supported by upbeat festival demand trends.
• Infosys and TCS edged higher, showing resilience after recent corrections.
• Bharti Airtel closed modestly positive amid telecom sector optimism.

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Top Losers / Pressure Spots

• Tata Motors slipped nearly 2.36% on mild profit-taking after a strong run.
• UltraTech Cement and ONGC were under pressure amid weak commodity cues.
• Axis Bank declined, contributing to banking index losses.

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IPO Buzz — Tata Capital

• The Tata Capital IPO closed fully subscribed on Day 3, led by strong QIB and NII participation.
• Subscription details: QIB - 2.61x, NII - 1.75x, Retail - 1.01x.
• However, the Grey Market Premium (GMP) dropped to just ₹6 (~2%), signaling cautious post-listing sentiment.
• Analysts suggest investors remain selective as valuations tighten despite strong fundamentals.

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Expert Take

Market experts believe consolidation is healthy after last week’s rally.
Falling GMPs in the IPO market point to a cooling speculative phase as investors await major earnings announcements.

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Key Takeaway

Benchmarks ended lower, but broader sentiment stays stable.
While Tata Capital’s IPO saw strong subscription, its muted GMP reflects investor restraint.
All eyes now shift to upcoming Q2 results and listing day performance.
Stay updated on live GMP and IPO trends via GAINIPO GMP Tracker.