Overview

• India’s benchmarks opened higher on Oct. 7, with Nifty trading above 25,100 and Sensex near 82,000 as the recent rebound continued.
• Provisional data showed DIIs bought about Rs 5,036 crore on Oct. 6 against FII net sales of roughly Rs 314 crore, reinforcing the advance.
• IT, banking and metals led sector gains, while traders watched the 25,200–25,250 zone on Nifty and a Bank Nifty breakout above 56,000 toward 57,000–57,500.
• Company news remained a catalyst, including LTIMindtree’s largest multi-year deal with a global media client, HCLTech’s tie-up with MIT Media Lab on AI and quantum, and Zydus Lifesciences’ Health Canada nod for liothyronine tablets.
• Stock-specific moves featured an Aditya Birla Lifestyle block trade with Flipkart Investments cited as the likely seller by CNBC Awaaz, hospital shares rallying after a reported CGHS rate revision, DMart slipping after a tepid business update, and IPO listings of Glottis and Fabtech.