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Sensex and Nifty Retreat After Surge, Investors Book Profits
3 Oct
Summary
- Benchmark indices Nifty and Sensex trade lower as investors book profits
- Banks, FMCG, and IT stocks face selling pressure, while metal and PSU bank stocks gain
- Broader market, including Nifty Midcap and Smallcap, outperforms the benchmarks
As of October 3, 2025, the Indian stock market witnessed a mixed performance, with the benchmark indices Nifty and Sensex trading lower as investors booked profits following a significant surge on Wednesday. The selling pressure was primarily seen in the banking, FMCG, and IT sectors, while metal and PSU bank stocks gained ground.
Interestingly, the broader market, represented by the Nifty Midcap and Smallcap 100 indices, opened in the green and outperformed the benchmarks. This suggests that the selling was more concentrated in the large-cap stocks, while the mid-cap and small-cap segments were able to maintain their momentum.
The decline in the benchmark indices was led by a drop in shares of Bajaj Finance, HUL, Bajaj Finserv, HDFC Bank, and Maruti Suzuki, among others. On the other hand, Tata Steel, Tata Motors, Axis Bank, and BEL witnessed buying interest, rising up to nearly 3%.
Sectorally, the Nifty FMCG index led the fall, down nearly a percent, as major counters such as HUL, ITC, Nestle India, and Tata Consumer Products slipped. The auto sector also faced profit-booking pressure, with stocks like M&M, Eicher Motors, and Maruti Suzuki declining up to 2%.
