Nifty 50 opened today’s session higher at 25,395 versus Wednesday’s close of 25,324. It is currently hovering around 25,440, up nearly 0.5 per cent.
The advance/decline ratio of Nifty 50 stands at 38/12, showing a bullish bias. Axis Bank (up 2.6 per cent) is the top gainer followed by Titan Company (up 2.2 per cent). On the other hand, Tata Motors (down 2.8 per cent) and SBI Life (down 1.3 per cent) are the top losers.
Among the sectors, Nifty IT and Nifty Oil & Gas, down 0.1 per cent each, are the only losers. Leading the chart is the Nifty Auto by advancing 1.3 per cent followed by Nifty Consumer Durables, up 1.2 per cent.
Nifty 50 futures
The October expiry Nifty futures opened today’s session marginally higher at 25,462 versus Wednesday’s close of 25,425. It is currently trading at 25,520, up 0.4 per cent.
The contract has formed a higher high and the uptrend is intact. The momentum is good and so, there is a good chance for Nifty futures to gain more. It can rise to 25,640 today. A breakout of this can lift it further to 25,800.
On the other hand, if the contract falls from the current level of 25,520, it can find intraday support at 25,480 and 25,450.
Overall, we expect Nifty futures to rally from the current level. That said, there might be a minor correction to 25,480 before moving up towards 25,640.
Trading strategy
Buy Nifty futures (October) at 25,520 and on a dip to 25,480. Target and stop-loss can be 25,640 and 25,450 respectively.
Supports: 25,480 and 25,450
Resistance: 25,640 and 25,800
Published on October 16, 2025
