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4851: Nifty’s uptrend faces 25,100 test, Q2 updates roll in & LG Electronics IPO opens | Market Minutes
Episode 4851

4851: Nifty’s uptrend faces 25,100 test, Q2 updates roll in & LG Electronics IPO opens | Market Minutes

Moneycontrol Podcast

October 7, 20259m 0s

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Show Notes

Indian markets extended gains for the third straight session on Monday, with the Nifty reclaiming the 25,000 mark, led by financials, IT, and Reliance. Despite a positive close, market breadth remained weak. Globally, cues are mixed with Japan’s Nikkei hitting another record high, while European stocks reacted to political uncertainty in France. The GIFT Nifty indicates a flat-to-soft start for Indian equities. In the US, indices closed at record highs on M&A optimism.
Meanwhile, Donald Trump has announced a 25% tariff on medium and heavy-duty truck imports effective November 1. Among stocks to watch, LTIMindtree will be in focus as it has secured a multi-year deal with a global entertainment leader, Bank of India and Metropolis Healthcare will react to their business updates. LG Electronics’ Rs 11,607 crore IPO opens today. Also on the primary market radar, SEBI has given the green light to Lenskart and Wakefit for their upcoming IPOs. 
Tune in for all this and more in today’s Market Minutes — your morning podcast bringing you the top stories to kickstart your trading day, from stocks in the news to macro trends and global market cues.