The seasonal season of October prefers bulls as Nifty progressed in 7 of the last 10 years. What is this time in the store?

October is historically in favor of the Bulls, with the handy higher in 7 of the last 10 years. This Uptrend was mainly powered by domestic capital inflow, even when foreign institutional investors (FIIs) became net sellers in 60% of the authorities and removed money from the table in the same period.

The 50-stock index settled higher in 2015, 2016, 2017, 2019, 2020, 2021 and 2022 while in 2018, 2023 and 2024, the ditch with cuts of 5%, 2.9%and 6.2%respectively.

The sharpest increase of 5.6% was seen in 2017 and was followed by an increase of 5.4% seen in 2022. Nifty each won 3.5% in 2019 and 2020. In 2015, the heart rate index grew by 1.5% in October, while witnessing a modest increase of 0.17% and 0.3%,.

The markets rose on the basis of the domestic investors who were net buyers in October in October. However, the FII behavior was equally divided between 2015 and 2025.

Be/give the date

FIIs shown a mixed trend in October and swing between strong intake and steep outflow. Significant purchase was seen in 2015 (RS 6,650 Crore), 2017 (RS 3.055 Crore), 2019 (RS 12,368 Crore) and 2020 (RS 19,541 Crore). However, in recent years, the outflows dominated in 2024 with a record sale of RS 94,017 Crore, after heavy sale also in 2018 (RS 28,921 Crore) and 2023 (RS 24,548 Crore). In general, Fii’s net sellers have been in 6 of the last 10 octobers. Diis, on the other hand, have largely played a counter -balancing role, which came up as buyers when FIIs sold heavily. They registered consistent inflow into most Octobers, with remarkable highlights in 2017 (RS 9,783 CRORE), 2018 (RS 24.160 CRORE), 2022 (RS 9.197 CRORE), 2023 (RS 28.254 CRORE) and a record RS 1,7) and with 1,724. 2020 and 2020 with 2015 (RS 1,417 crore) and 2020. (RS 17,318 crore) are exceptions.

October 2025 Outlook

Fundamentally, rate -related uncertainties, weak income, rich valuations and the weakness of rupees against the US dollar remain a pain for the domestic markets.

While the Q2 win season starts next week with the announcement of the results of TATA Consultancy Services’ (TCS) on 9 October, the October of Street’s performance is mainly determined by how the companies yield profit and income.

Helped by GST rationalization, gambles the street on a consumption -boost during the festive season that started with Navratri.

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Ajit Mishra, senior vice president – research at Religare Broking remains positive about the prospects. In his opinion, the overhang of recent American policy promotions has somewhat decreased, although stubborn foreign fund is a non-starter.

“We believe that over-sold positions can now lead to some consolidation in Nifty, with strong support around 24,400-24,500 zone and resistance placed on 24,800-25,000. In the meantime, participants must focus on selective stock opportunities that are tailored to sectoral trends while being kept under control,” he recommends.

((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)