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Research period Periodic Report Tata Steel under pressure after demand notice; Flipkart exit lifts Aditya Birla Lifestyle; Nykaa hits 52-week high on robust Q2 growth

Tata Steel under pressure after demand notice; Flipkart exit lifts Aditya Birla Lifestyle; Nykaa hits 52-week high on robust Q2 growth

Written by - Fisdom Research

October 6, 2025 2 minutes

Market Snapshot

  • Equity benchmarks opened the week on a firm note, with the Nifty 50 closing above 25,000, marking its third straight session of gains.
  • Buying interest was led by IT and financial stocks, which drove the market higher.
  • The Nifty IT index gained 2 percent, while healthcare and private banks advanced 1 percent and 1.2 percent, respectively.
  • Oil & gas and PSU bank indices also ended higher, adding 0.7 percent and 0.4 percent.
  • On the flip side, metal, media, and FMCG stocks saw mild profit-booking, declining in the range of 0.3–0.9 percent.

Sectoral Trends

Sector Name % Change Sector Name % Change
NIFTY IT 2.3 NIFTY REALTY 0.7
NIFTY HEALTHCARE INDEX 1.3 NIFTY PSU BANK 0.4
NIFTY PRIVATE BANK 1.2 NIFTY AUTO 0.4
NIFTY OIL & GAS 0.8 NIFTY PHARMA 0.1

Top News

  • Tata Steel shares fell over 2 percent after the company disclosed receiving a ₹2,410 crore demand notice from the Odisha Department of Mines over an alleged shortfall in chrome ore dispatches from its Sukinda block.
  • Aditya Birla Lifestyle Brands jumped more than 10 percent following a large block deal, reportedly involving Flipkart’s complete exit from its 6 percent stake at ₹130 per share.
  • Nykaa (FSN E-Commerce Ventures) surged over 6 percent to a new 52-week high after reporting strong Q2FY26 growth, with GMV expected to rise to the low-30s percent range, led by robust performance in its Fashion and Beauty segments.

Top Gainers and Losers

Top Gainers % Change Top Losers % Change
MAXHEALTH 6.3 TRENT -2.3
SHRIRAMFIN 3.9 TATASTEEL -1.7
TCS 3.0 ADANIPORTS -1.3

Technical Outlook: Key Indices

Indices Name Support Resistance
Nifty 24,900 25,200
Bank Nifty 55,500 56,600

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