Thursday, October 16, 2025

Business

Sensex rises 340 points, Nifty above 25,400 as auto, bank stocks lead gains

IANS | October 16, 2025 10:56 AM

MUMBAI: Equity markets opened higher on Thursday, supported by stock-specific action as companies continue to announce their Q2 results.

At the opening bell, the Sensex climbed 340 points, or 0.41 per cent, to trade at 82, 945. Similarly, the Nifty rose 105 points, or 0.41 per cent, to 25, 428.

"From a technical perspective, a sustained move above 25, 450 could pave the way for a rally toward 25, 500. On the downside, immediate support lies at 25, 200 and 25, 150, which may serve as potential entry points for long trades, " market experts said.

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