Nifty 50 opened today’s session higher at 25,074 versus Wednesday’s close of 25,046. It is currently hovering around 25,050.
The advance/decline ratio of Nifty 50 stands at 30/20, showing a bullish bias. Tata Steel (up 2.7 per cent) is the top gainer followed by Dr Reddy’s Laboratories (up 2.1 per cent). On the other hand, Tata Motors (down 1.5 per cent) and Bajaj Auto (down 0.9 per cent) are the top losers.
Among the sectors, Nifty Metal (up 1.4 per cent) is the top gainer. This is followed by Nifty Healthcare, up 1 per cent. Nifty Auto (down 0.4 per cent) and Nifty Financial Services (down 0.25 per cent) are the top losers.
Nifty 50 futures
The October expiry Nifty futures opened today’s session marginally higher at 25,150 versus Wednesday’s close of 25,120. It is currently trading at 25,150, up by a marginal 0.1 per cent.
The chart shows that the contract is now stuck between 25,100 and 25,200. The direction of the break of this narrow price band will decide the path of the next leg of trend.
If the bulls regain traction and breaks out of 25,200, it can see a quick rise to 25,400. On the other hand, if Nifty futures slips below the support at 25,100, it can lead to the extension of the decline to 25,000. The downswing might extend to 24,900.
Trading strategy
Since Nifty futures (October) is oscillating in a sideways band, we suggest staying out for now. Traders can consider fresh positions along the direction of the break of the 25,100-25,200 range.
Supports: 25,100 and 25,000
Resistance: 25,200 and 25,400
Published on October 9, 2025
