Overview

• Sensex closed near 81,207 and Nifty at 24,894 to finish the holiday-shortened week higher, signaling a tentative rebound.
• Bank Nifty outperformed with a gain of more than 2%, lifting broader indices as large private lenders strengthened.
• Analysts flag a tight Nifty pivot with resistance around 25,100–25,400 and support near 24,600, with a sustained move above 25,100 seen as opening further upside.
• Foreign portfolio investors remained net sellers through September while domestic institutions continued to buy, with the rupee hovering near record lows against the dollar.
• A U.S. data blackout from the government shutdown heightens focus on the Oct 8 FOMC minutes, while TCS reports on Oct 9 and a heavy IPO slate, plus gold’s record run and a sharp oil slide, round out the week’s drivers.