Sensex and Nifty Relax After Record Highs as Investors Book Profits

Mumbai, October 24, 2025 – Indian equity indexes started lower in Friday’s trading session. This put an end to a six-day winning streak as investors booked profits after the record-breaking market rise.

As of Friday, October 24, 2025, the BSE Sensex opened at 84,667.23, up 110.83 points, while the NSE Nifty 50 opened at 25,935.10, gaining 43.70 points. However, both indices soon slipped amid profit booking and weakness in FMCG, healthcare, and private banking stocks, as investors remained cautious ahead of potential clarity on a US-India trade deal. On Thursday, the two indices had touched a new 52-week high, driven by institutional buying and positive global sentiment.

Top Gainers and Losers

Among the laggards were Hindustan Unilever, Kotak Mahindra Bank, Axis Bank, Power Grid, Eternal, and Adani Ports, which came under selling pressure after recent advances. In contrast, Bharat Electronics, ICICI Bank, Mahindra & Mahindra, and Tata Steel saw modest buying interest, which helped to cushion broader losses.

Broader Market and Global Trends

Broader markets also witnessed mild profit-taking, mirroring the benchmark indices. However, global cues remained largely supportive, with major Asian indices trading higher. South Korea’s Kospi, Japan’s Nikkei 225, Shanghai’s SSE Composite, and Hong Kong’s Hang Seng Index all advanced in early trade. Overnight, Wall Street closed higher, adding to the optimism across global equity markets.

Institutional Flow and Market Sentiment

Foreign Institutional Investors (FIIs) became net sellers on Thursday, selling shares of ₹1,165.94 crore. However, Domestic Institutional Investors (DIIs) came to the rescue with net buying of ₹3,893.73 crore, restricting downside pressure.

Commodities and Inflation Outlook

In the commodity segment, Brent crude prices weakened 0.47% to USD 65.68 per barrel, easing inflation fears and possibly aiding investor sentiment in the medium term.

Previous Session Recap

The Sensex had advanced by 130.06 points to the closing figure of 84,556.40 on Thursday, while the Nifty was up 22.80 points to close at 25,891.40. That was the sixth straight session of advances for the indices before the breather today, and showed that the market continued consolidating at the record levels.

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