🎇 It’s Diwali time on Dalal Street, and the bulls lit up the sky with their own fireworks! The Indian stock market witnessed a powerful festive rally as Nifty 50 and Sensex closed higher, led by Reliance Industries Limited, signaling renewed optimism among investors.
🌟 Stock Market Closing Update — 21 October 2025
| Index | Close | Change |
|---|---|---|
| NIFTY 50 | 25,843 | ▲ +133 |
| SENSEX | 84,363 | ▲ +411 |
| BANK NIFTY | 56,192 | ▲ +174 |
The strong closing reflects bullish sentiment ahead of the Diwali holidays, with investors showing confidence in India’s economic resilience.
📈 Market Highlights (Riddhi Siddhi Share Brokers View)
- Advance–Decline Ratio: 33—17 ✅
- India VIX: 11.35 (▼ -2.41%)
- NIFTY PCR (28 OCT): 1.03
- USD/INR Futures (OCT): 87.95 (▼ -0.14%)
📊 Sectoral Performance
Top Gainers:
🏦 PSU Banks (+2.87%), ⛽ Oil & Gas (+1.42%), 💻 IT (+0.98%)
Losers:
🚗 Auto (-0.16%), ⚙️ Metal (-0.07%), 🍫 FMCG (-0.03%)
🧭 Market Recap: Diwali Brings Cheer to Investors
According to Riddhi Siddhi Share Brokers, Nifty 50 gained +0.52%, sustaining above all major moving averages — a technically strong sign of continued bullish momentum.
- 21 DMA: 25,134
- 50 DMA: 24,955
- 100 DMA: 24,997
- 200 DMA: 24,241
The Bank Nifty (+0.55%) touched a new lifetime high of 58,261.55, while Midcap (+0.92%) and Smallcap (+0.53%) indices also delivered solid gains.
📍 Next Major Resistance for Nifty: 26,277.35 — its all-time high.
🚀 Top 5 Positive Catalysts Driving the Diwali Rally
- ✅ Strong Q2 Corporate Earnings Momentum across key sectors.
- 🌏 Reduced US-China Trade Tensions after President Trump’s dovish stance.
- 🏦 Federal Reserve’s Supportive Outlook boosting global risk appetite.
- 📊 Positive Global Cues from Wall Street and Asian markets.
- 📈 IMF’s Upgraded GDP Forecast for India to 6.6% for FY2025-26.
💬 “This Diwali, let your portfolio sparkle with conviction and your wealth compound with grace.” — Riddhi Siddhi Share Brokers
🔥 Stocks in Spotlight — Top Performers & Key Earnings
- 🏦 HDFC Bank ▲ +0.10% | Q2 Net Profit: ₹18,640 crore (+10.8% YoY) — robust deposit growth.
- 🛰 Avantel Ltd. ▼ -8.71% | PAT fell 81% YoY to ₹4.26 crore due to margin pressure.
- 🏭 Reliance Industries Limited (RIL) ▲ +3.61% | Q2 Net Profit: ₹18,165 crore (+9.5% YoY), strong performance in energy and consumer segments.
- 🏗 IRCON International ▲ +0.81% | ₹360 crore order win from Petronet LNG.
- 📊 CRISIL Ltd. ▲ +4.3% | Q2 Net Profit up 12.6% YoY to ₹193.1 crore.
🐂 Top Bulls of the Day
| Stock | % Change |
|---|---|
| Cipla | ▲ 4.15% |
| Reliance Industries Ltd. | ▲ 3.61% |
| Bajaj Finserv | ▲ 2.79% |
| Shriram Finance | ▲ 2.46% |
| Dr. Reddy’s Laboratories | ▲ 2.32% |
🐻 Top Bears of the Day
| Stock | % Change |
|---|---|
| ICICI Bank | ▼ 3.03% |
| Mahindra & Mahindra | ▼ 1.38% |
| JSW Steel | ▼ 1.32% |
| Eternal | ▼ 1.23% |
| Adani Ports & SEZ | ▼ 0.98% |
📅 Market Holiday Schedule
- 🔒 Stock Markets Closed: 21st & 22nd October 2025
- 💡 Mahurat Trading Session: 21st October (1-hour special trading window)
📊 NIFTY 50 Technical Outlook — by Riddhi Siddhi Share Brokers
| Metric | Value |
|---|---|
| CMP | 25,843 |
| Support | 25,675 / 25,501 |
| Resistance | 26,000 / 26,277 |
| Range | 25,722 – 26,000 |
| 21 DMA | 25,134 |
| 50 DMA | 24,955 |
| 200 DMA | 24,241 |
| Trend | ✅ Positive |
📈 Nifty likely to retest 26,000–26,277 levels in the near term, supported by strong FII inflows and festive optimism.
🟢 Bullish Stocks to Watch (Short-Term & Long-Term)
Short-Term Bullish Stocks:
- Canara Bank (CANBK)
- IDFC First Bank (IDFCFIRSTB)
- Punjab National Bank (PNB)
Long-Term Bullish Stocks:
- Bharat Electronics Ltd. (BEL)
- Larsen & Toubro (L&T)
- Federal Bank
Bearish Stocks to Watch:
- Dalmia Bharat (DALBHARAT)
- Dixon Technologies (DIXON)
- Oracle Financial Services Software (OFSS)
Stocks to Avoid (High Volatility):
- Indian Energy Exchange (IEX)
- Central Depository Services (India) (CDSL)
- 360 ONE WAM (360ONE)
⚠️ Disclaimer
Investments and trading in securities markets are subject to market risks. The information provided herein is for educational, informational, and learning purposes only. It does not constitute investment advice. We recommend consulting a registered financial advisor before making investment decisions. Riddhi Siddhi Share Brokers, its employees, or associates accept no liability for any losses arising out of the use of this information.
📞 Contact Riddhi Siddhi Share Brokers for personalized investment guidance and research-driven trading strategies.