Taking Stock: Bulls Back in Action as Nifty Tests 26,000 and Sensex Surges Over 550 Points on Global Cues

Indian equity markets roared back to life on October 27, 2025, with benchmark indices posting strong gains driven by supportive global cues, robust Q2 earnings, and renewed investor optimism. The Nifty 50 index briefly crossed the 26,000 mark during intraday trade, while the Sensex rallied over 550 points to close near 84,800, signaling a bullish reversal after last week’s consolidation.

Market Highlights

  • Nifty 50 closed at 25,966.05, up 170.9 points or 0.66%
  • Sensex ended the day at 84,778.84, gaining 566.96 points or 0.67%
  • BSE Midcap Index rose 0.7%, while the Smallcap Index added 0.5%
  • Top Gainers: SBI Life Insurance, Bharti Airtel, Reliance Industries, SBI, Tata Consumer Products

What’s Driving the Rally?

1. Global Tailwinds

The rally was largely fueled by expectations of a potential rate cut by the US Federal Reserve and growing optimism around a possible US-China trade agreement. These developments have improved risk sentiment globally, prompting foreign institutional investors (FIIs) to resume buying in emerging markets like India.

2. Strong Q2 Earnings

Several companies have posted better-than-expected Q2 FY26 results, boosting investor confidence. SBI Life surged nearly 4% after reporting healthy growth in premium income and profitability. Reliance Industries gained 2% following news of its joint venture with Meta to develop AI-powered products.

3. Broad-Based Buying

The rally was not limited to a few sectors. Financials, telecom, FMCG, and energy stocks all participated, indicating a broad-based recovery. This kind of participation is often seen as a sign of sustainable bullish momentum.

Sectoral Performance

SectorPerformance
FinancialsStrong
TelecomPositive
FMCGMixed
EnergyBullish
ITStable

Technical Outlook

The Nifty’s breach of the 26,000 level is technically significant. Analysts believe that if the index sustains above this mark, it could open the door to 26,300–26,500 in the near term. Support is seen around 25,700. The Sensex, meanwhile, is eyeing the 85,000 milestone, with strong momentum from large-cap stocks.

Investor Sentiment

Retail and institutional investors are showing renewed interest, especially in high-quality stocks with strong earnings visibility. The festive season, combined with easing inflation and stable interest rates, is expected to support consumption and investment demand.

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Final Thoughts

The return of bullish sentiment marks a pivotal moment for Indian markets. With global cues aligning and domestic fundamentals improving, investors have a window of opportunity to capitalize on emerging trends. However, disciplined investing and expert analysis remain key to navigating the road ahead.

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Vodafone Idea Share Price Skyrockets on AGR Dues Relief: Is It Time to Buy?

Vodafone Idea (VIL) has once again captured investor attention, surging over 9% on October 27, 2025, following a landmark Supreme Court ruling that could significantly ease its financial burden. The apex court allowed the central government to reconsider the telecom operator’s adjusted gross revenue (AGR) dues—a move that could reshape the company’s future and the broader telecom landscape.

What Triggered the Rally?

The Supreme Court’s decision to permit the government to re-evaluate Vodafone Idea’s AGR dues—particularly the additional ₹9,450 crore demand—was seen as a major relief for the financially stressed telecom company. The court emphasized that the matter falls within the policy domain of the Union government and should be addressed accordingly.

This ruling comes after Vodafone Idea challenged the Department of Telecommunications’ (DoT) demand, arguing that the dues were excessive and based on flawed calculations. The verdict not only lifted a significant overhang on the stock but also signaled potential policy flexibility in dealing with legacy issues in the telecom sector.

Market Reaction

  • Share Price Surge: VIL stock jumped as much as 9.45% intraday, reaching ₹10.53 on the BSE.
  • Volume Spike: Trading volumes surged, indicating renewed investor interest.
  • Sentiment Shift: The ruling has sparked optimism about the company’s ability to restructure its liabilities and attract fresh capital.

Is Vodafone Idea a Buy Now?

Pros

  • Reduced Regulatory Overhang: With the AGR dues potentially being reassessed, VIL may avoid immediate financial distress.
  • Government Support: The Centre’s willingness to reconsider dues suggests a more collaborative approach to telecom policy.
  • Subscriber Base: Despite financial challenges, Vodafone Idea still serves over 20 crore users, offering scale and reach.

Cons

  • Debt Load: The company remains heavily leveraged and will need to raise capital to fund operations and 5G rollout.
  • Competitive Pressure: Rivals like Jio and Airtel continue to dominate in terms of network quality and subscriber additions.
  • Execution Risk: Even with relief, VIL must execute a turnaround strategy effectively to regain investor confidence.

Analyst View

While the AGR relief is a positive development, most analysts recommend a cautious approach. The stock may offer short-term trading opportunities, but long-term investment depends on the company’s ability to raise funds, improve operations, and compete effectively.

Strategic Moves to Watch

  • Fundraising Plans: VIL is expected to accelerate efforts to bring in strategic investors or raise capital through equity or debt.
  • Network Expansion: Investment in 5G infrastructure and improving service quality will be key to retaining and growing its user base.
  • Tariff Hikes: Industry-wide tariff increases could improve ARPU (average revenue per user), benefiting all telecom players.

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Final Thoughts

Vodafone Idea’s AGR relief is a turning point, but not a guarantee of recovery. Investors should monitor developments closely, including fundraising efforts, operational metrics, and government policy shifts. With expert support from Eqwires, you can stay ahead of the curve in a rapidly evolving telecom market.

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