October 20, 2025
On Monday, the Indian stock market showed exciting action! The Sensex flew past the 84,000 mark, closing at 84,424.21, up by a lively 472 points. At the same time, the Nifty was no less impressive, hitting 25,868.70, gaining nearly 159 points. These gains came fueled by heavy buying in top companies like Reliance Industries and HDFC Bank, and a rush of foreign money entering the market. Mid-session, around 12:19 pm, Sensex was already trading above 84,000 at 84,401.83, up 449.64 points, while Nifty was at 25,850.65, climbing by 140.80 points compared to last Friday's close. Investors were smiling wide as market stability remained firm. But that's not all the buzz! Avaada Electro, part of the famous Brookfield-backed Avaada Group, has filed confidential papers with SEBI to raise a whopping ₹9,000 to ₹10,000 crore through an Initial Public Offering (IPO). This move aims to boost their solar manufacturing power and secure a stronger space in the renewable market. The solar sector's heat just got turned up! Currency-wise, the Indian Rupee also joined the party, bouncing 14 paise to a one-month high of 87.88 against the US dollar, thanks to steady foreign investments and calming crude oil prices. Talking about crude oil, prices slipped to ₹5,012 per barrel, down by 41 rupees. This drop is linked to worries about US-China trade tensions that could slow down the global economy, making energy demand weaker. Brent crude futures also dropped by nearly 1%, reflecting the nervousness in global markets. In gold and silver markets, gold prices rose by 486 rupees to ₹1,27,494, shining bright as a safe investment. Meanwhile, silver slipped down by ₹1,804 to ₹1,54,800. All eyes remain on the stock market as gains continue, an exciting IPO unfolds, and global factors play their part in shaping the financial landscape. Stay tuned for more masaledar updates from the markets!
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Tags: Sensex, Nifty, Stock market, Ipo, Avaada electro, Rupee,
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