Date: October 18, 2025
By: Riddhi Siddhi Share Brokers – Your Trusted Investment Partner
🌟 Market Overview
The Indian stock market kicked off the festive week with a powerful uptrend as Nifty reclaimed the 25,500 mark, signaling renewed bullish momentum ahead of Diwali.
- NIFTY: +262 | 25,585
- Sensex: +813 | 83,419
- Bank Nifty: +623 | 57,423
At Riddhi Siddhi Share Brokers, we are delighted to share that Nifty bulls celebrated the latest upgrade from the International Monetary Fund (IMF), which raised India’s GDP growth forecast to 6.6% for FY26 — up by 20 basis points.
Almost all sectoral indices closed in the green, with Nifty FMCG Index surging 2.02%, supported by festive optimism, improving macro indicators, and upbeat consumer sentiment.
Meanwhile, USD/INR October Futures slipped to 87.89, further boosting market sentiment.
🔸 Why the Breakout Rally May Continue
- Rate cut hopes from the Federal Reserve and the RBI.
- Positive global cues and robust liquidity inflows.
- Higher consumer spending due to festive demand and lower GST rates.
- Upgraded IMF GDP forecast to 6.6% for FY26.
Market Breadth: Adv–Dec 45–05
INDIA VIX: 10.86 (+3.13%)
NIFTY PCR (20th Oct): 1.54 | (28th Oct): 1.08
USD/INR Futures (Oct): 87.89 (−0.25%)
📊 Sectoral Performance
| Sector | Performance |
|---|---|
| FMCG | +2.02% |
| Realty | +1.90% |
| Consumer Durables | +1.53% |
| PSU Banks | −0.44% |
🏁 Market Recap — Powered by Riddhi Siddhi Share Brokers
- Nifty 50 rose 1.03%, staying green throughout the session and trading comfortably above its 21-DMA (25,096), 50-DMA (24,909), and 100-DMA (24,977) — a strong signal of sustained bullish sentiment.
- Bank Nifty followed suit, gaining 1.10%.
- Market breadth (45:05) favored the bulls with broad-based participation.
- Mid-cap and small-cap stocks added depth — Nifty Midcap 50 rose 0.53%, while Nifty Smallcap gained 0.24%.
🌟 Stocks in Spotlight
- Paytm (One 97 Communications): Hit a 52-week high of ₹1,305 (+2%) on strong volumes.
- Ola Electric Mobility: Surged 5% to ₹55.20 on robust demand.
- Nestlé S.A.: Announced plans to cut 16,000 jobs globally under its turnaround strategy.
🐂 Bulls of the Day
| Stock | Change |
|---|---|
| NESTLEIND | +4.76% |
| TATACONSUM | +3.10% |
| TITAN | +2.45% |
| AXISBANK | +2.25% |
| KOTAKBANK | +2.11% |
🐻 Bears of the Day
| Stock | Change |
|---|---|
| ETERNAL | −3.91% |
| HDFCLIFE | −2.38% |
| SHRIRAMFIN | −0.54% |
| INFY | −0.24% |
| JIOFIN | −0.18% |
🧭 Nifty Technical Outlook — By Riddhi Siddhi Share Brokers
- Current Market Price (CMP): 25,585
- Support Levels: 25,401 / 25,225
- Resistance Levels: 25,670 / 26,000
- Trading Range: 25,465 – 25,670
- Trend: ✅ Positive
Nifty continues to trade above key moving averages — a sign of strong bullish control. The next target level for the index is 25,670, its June 30, 2025 high.
📌 Stock Ideas — Curated by Riddhi Siddhi Share Brokers
🔹 Bullish (Short-Term)
- BEL
- RBLBANK
- RELIANCE
🔹 Bullish (Long-Term)
- HBL ENGINEERING
- L&T
- CHOLAFIN
🔹 Bearish
- KEI
- MFSL
- CUMMINSIND
🔹 Stocks to Avoid
- AMBUJACEM
- HDFCAMC
- IEX
🪔 Festive Mood + Strong Technicals = Positive Market Bias
The Diwali season traditionally brings strong liquidity inflows and higher investor participation. With robust domestic macros, positive global cues, and rate-cut optimism, the market appears poised for further upside.
✨ Bottom Line by Riddhi Siddhi Share Brokers:
“Momentum + Liquidity + Festive Cheer = Bulls in Control.” ✨
⚠️ Disclaimer
The information, insights, and stock ideas shared above are for educational and informational purposes only.
Stock market investments involve risk. Please consult your SEBI-registered financial advisor before making investment or trading decisions.
Riddhi Siddhi Share Brokers or its team is not responsible for any investment actions taken based on this commentary.