Indian stock markets witnessed a positive opening on Monday, October 27, 2025, rebounding from Friday's profit booking. Both the Sensex and Nifty indices displayed upward momentum, driven by positive cues from global markets and encouraging domestic corporate earnings.
The S&P BSE Sensex jumped over 200 points in early trade. The NSE Nifty 50 also mirrored this positive sentiment, trading above the 25,850 mark. This rise follows a six-day gaining streak that was snapped on Friday, where the Sensex declined by 344.52 points (0.41%) to close at 84,211.88, and the Nifty 50 fell by 96.25 points (0.37%) to settle at 25,795.15.
The positive opening is attributed to several factors, including strong global market cues, particularly from Asian markets. Japan's Nikkei 225 surged over 2% to cross the 50,000 level for the first time, fueled by optimism surrounding US-China trade deal progress and positive momentum from Wall Street. South Korea's Kospi and Australia's S&P/ASX 200 also reflected this upbeat sentiment.
Among individual stocks, Coforge experienced a notable surge, rising by 6%. This increase comes on the heels of the company's robust Q2FY26 results, which showcased revenue growth, margin expansion, and healthy cash flows, renewing optimism among analysts. The company reported a 5.9% quarter-on-quarter increase in revenue in constant currency terms, reaching $462 million. Its EBIT margin also saw a sharp rise of 250-260 basis points Q-o-Q to 14%. Adjusted profit after tax (PAT) stood at ₹370 crore, reflecting a substantial 86% year-on-year and 18% quarter-on-quarter increase.
Analysts have turned bullish on Coforge, with some projecting an upside of up to 36%. Nomura, a Japan-based brokerage, highlighted that Coforge's improvements in EBIT margin and free cash flow should alleviate previous market concerns. The company's strong order book, which includes deal wins of $514 million during the quarter with five large deals, provides comfort on its near- to medium-term revenue outlook. On October 24, 2025, the company announced a dividend of Rs 4.0 per share, with the record date being October 31, 2025.
Other stocks in focus include Tata Steel and Reliance Industries (RIL). Sectoral performance is mixed, with some sectors showing gains while others experience slight corrections.
Overall, the Indian stock market displays a positive trend, driven by global cues and strong corporate earnings. However, investors are advised to remain cautious and monitor market developments, considering factors such as global economic trends, foreign institutional investor activity, and domestic policy changes.
