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EQUITY
Post Session: Quick Review
Oct-30-2025

Indian equity benchmarks ended sharply lower on Thursday, as all sectoral indices finished in the red, with broad-based selling and profit booking at record-high levels. Indices made a negative start and remained under selling pressure throughout the session, as traders were cautious after Federal Reserve Chair Jerome Powell indicated that further interest rate cuts are not guaranteed.

Some of the important factors in trade:

Foreign fund outflows: Sentiments remained downbeat as Foreign Institutional Investors (FIIs) were net sellers, offloading equities worth Rs 2,540.2 crore on October 29. 

India’s GDP likely to touch 7% in FY26: Traders overlook Chief Economic Advisor (CEA) V Anantha Nageswaran exuding confidence that real Gross Domestic Product (GDP) growth of India is likely to touch 7 per cent in FY26. 

Energy and shipping sectors were in focus: Minister of Petroleum and Natural Gas, Hardeep Singh Puri, has said that India’s rapid economic growth is closely connected to the progress of its energy and shipping sectors, which together serve as strong pillars of national development. 

Global front: European markets were trading in red ahead of European Central Bank’s interest-rate decision later in the day. Asian markets ended mostly in red after Bank of Japan left interest rate unchanged as expected but hinted at future hikes as inflation remains above target.

The BSE Sensex ended at 84404.46, down by 592.67 points or 0.70% after trading in a range of 84312.65 and 84906.95. There were 7 stocks advancing against 23 stocks declining on the index. (Provisional)

The broader indices ended mixed; the BSE Mid cap index was up by 0.77 points, while Small cap index was down by 0.06%. (Provisional)

The top gaining sectoral indices on the BSE were Industrials up by 0.28%, Oil & Gas up by 0.17%, Capital Goods up by 0.14%, Realty up by 0.04% and Energy up by 0.04% while, Telecom down by 2.52%, TECK down by 1.02%, Bankex down by 0.72%, IT down by 0.52% and FMCG down by 0.48% were the top losing indices on BSE. (Provisional)

The top gainers on the Sensex were Larsen & Toubro up by 0.90%, Bharat Electronics up by 0.74%, Ultratech Cement up by 0.46%, Tata Motors Passenger up by 0.32% and Maruti Suzuki up by 0.29%. On the flip side, Bharti Airtel down by 1.54%, Power Grid Corp down by 1.35%, Tech Mahindra down by 1.33%, Infosys down by 1.18% and Bajaj Finserv down by 0.96% were the top losers. (Provisional)

Meanwhile, NITI Aayog's Frontier Tech Hub has unveiled a roadmap for making India a global leader in advanced manufacturing. With targeted interventions, the roadmap estimates manufacturing to contribute over 25% to India's GDP, creating more than 100 million jobs, and positioning India among the top three global hubs for advanced manufacturing by 2035.

The road map is developed in collaboration with CII and Deloitte with guidance from an expert council of industry leaders. Further, it lays out a sector-focused path to harness frontier technologies and elevate India's manufacturing competitiveness. Besides, the roadmap emphasizes Artificial Intelligence and Machine Learning, Advanced Materials, Digital Twins and Robotics as high-impact enablers and maps their implications across 13 priority manufacturing sectors.

To address current barriers limiting India's manufacturing competitiveness, it has suggested coordinated strengthening of R&D ecosystems, industrial infrastructure, workforce development, and scaled deployment of frontier technologies in sector-specific ways through a 10-year strategic roadmap detailing out comprehensive interventions. However, if India fails to adopt key frontier technologies in high impact sectors, the NITI Aayog has cautioned that the country will risk a historic window of opportunity and this could lead to a potential loss of $270 billion by 2035 and $1 trillion by 2047 in additional manufacturing GDP.

The CNX Nifty ended at 25877.85, down by 176.05 points or 0.68% after trading in a range of 25845.25 and 26032.05. There were 12 stocks advancing against 38 stocks declining on the index. (Provisional)

The top gainers on Nifty were Coal India up by 1.49%, Larsen & Toubro up by 0.74%, Bharat Electronics up by 0.66%, Hindalco up by 0.60% and Nestle up by 0.54%. On the flip side, Dr. Reddy's Lab down by 3.89%, Cipla down by 2.59%, HDFC Life Insurance down by 1.93%, Bharti Airtel down by 1.63% and Inter globe Aviation down by 1.51% were the top losers. (Provisional)

European markets were trading lower; France’s CAC fell 44.08 points or 0.54% to 8,156.80, UK’s FTSE 100 decreased 39.84 points or 0.41% to 9,716.30 and Germany’s DAX lost 15.21 points or 0.06% to 24,109.00.

Asian markets settled mixed on Thursday tracking Wall Street’s mixed performance overnight after US Federal Reserve Chair Jerome Powell lowered interest rates by another quarter point, as widely expected, and indicated that a December rate cut is far from a forgone conclusion. Chinese and Hong Kong shares dipped as the high-stakes Xi-Trump meeting lacked surprises and Trump said Nvidia's Blackwell AI chips weren't discussed with Xi Jinping. Japan’s Nikkei hit fresh record highs on the back of a weaker yen, while the Bank of Japan left interest rates unchanged as expected. Seoul shares notched another record high after the United States and South Korea concluded a $350 billion trade agreement and Samsung Electronics delivered strong Q3 earnings.

Asian Indices

Last Trade            

Change in Points

Change in %      

Shanghai Composite

3,986.90

-29.43

-0.73

Hang Seng

26,282.69

-63.45

-0.24

Jakarta Composite

8,184.06

17.84

0.22

KLSE Composite

1,614.20

2.66

0.17

Nikkei 225

51,325.61

17.96

0.04

Straits Times

4,437.44

-2.77

-0.06

KOSPI Composite

4,086.89

5.74

0.14

Taiwan Weighted

28,287.53

-7.21

-0.03

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