On Wednesday, October 15, the Indian stock market witnessed strong, broad-based gains across sectors, buoyed by positive global cues. The Sensex rose 575 points, or 0.70%, to close at 82,605.43, while the Nifty 50 advanced 178 points, or 0.73%, to settle at 25,323.55. Broader indices outperformed, with the BSE Midcap and Smallcap indices climbing 1.07% and 0.78%, respectively.
Markets maintained their upward momentum throughout the session, with most sectors ending in the green. Realty, financials, and metals led the rally, while mild profit booking in the final hour trimmed some gains.
Among stocks in focus, Bharat Electronics secured new orders worth ₹592 crore for various defence systems and communication equipment. Hero MotoCorp announced its entry into the Spanish market through a partnership with Noria Motos, launching Euro 5+ compliant models. L&T Finance reported a 6% YoY rise in Q2 FY25 net profit to ₹735 crore, driven by robust retail lending. In contrast, Angel One’s profit slumped 50% to ₹212 crore, and Delta Corp posted a 7% decline in net profit to ₹25 crore for the same quarter.
