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Reliance Industries, Titan and SBI Cards were among the stocks in focus, and TCS ahead of its Q2 results. Here's a look at how Sensex and Nifty fared today.
Updated on: Oct 8, 2025 4:25 PM IST
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India's stock market broke its four-day gaining streak today due to profit booking, even as IT stocks gained ahead of quarterly results.
On Wednesday (8 October 2025), the 30-share S&P BSE Sensex fell 0.19% to 81,773.66 points, even as the broader NSE Nifty 50 ended the day 0.25% lower at 25,046.15 points. The two equity benchmarks had risen about 2% each in the last four sessions.
Fourteen of the 16 major sectors logged losses on the day. The broader small-caps and mid-caps fell 0.5% and 0.7%, respectively. Nifty Bank dropped about 0.5%, snapping a six-session rally. Nifty Auto fell 1.5%, led by Tata Motors Ltd. after Jaguar Land Rover reported muted second-quarter sales.
The Nifty IT, however, rose 1.5% ahead of the earnings season to be kicked off by Tata Consultancy Services Ltd. on Thursday. TCS' share price rose 1.8%.
India's IT stocks, at present, have attractive valuations, offering better risk-reward despite expectations of muted quarterly results, according to analysts. Investors will look for commentary on revival in demand and client spending.
Stocks In Focus
- Reliance Industries Ltd. fell 1.3%, succumbing to profit-booking, after an 1.6% jump in the last two sessions.
- Titan Ltd. jumped 4.3% after it reported a better-than-expected pre-quarterly update.
- SBI Cards and Payment Services Ltd. gained 1.7% after RBI proposed to reduce risk weights on some loans, including credit cards.
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