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Indices trade lower with cut of over quarter percent
Oct-31-2025

Domestic equity indices erased all gains and were trading lower with cut of over quarter percent in late morning deals on account of selling by funds and retail investors. Meanwhile, broader indices were also trading in red with BSE Mid cap index and Small cap index falling in the range of 0.15-0.20%. Weak cues from the global markets weighed on the domestic sentiments. The market sentiment was further weighed down by the weakness in rupee which fell by 4 paise to 88.73 due to demand for the US currency from banks and importers. On the BSE sectoral front, traders were seen piling up positions in Auto, FMCG, Realty, Industrials and Capital Goods, while selling was witnessed in Utilities, Metal, Power, Basic Materials and Bankex.

On the global front, Asian markets were trading mostly in red following weak cues from the US markets overnight. Back home, in the stock specific development, Bharat Electronics rose as it has received additional orders worth Rs 732 crore since its last disclosure on 22 October 2025.

The BSE Sensex is currently trading at 84102.11, down by 302.35 points or 0.36% after trading in a range of 84044.99 and 84712.79. There were 10 stocks advancing against 20 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index was down by 0.16%, while Small cap index down by 0.18%.

The top gaining sectoral indices on the BSE were Auto up by 0.42%, FMCG up by 0.28%, Realty up by 0.27%, Industrials up by 0.20% and Capital Goods up by 0.11%, while Utilities down by 1.06%, Metal down by 0.91%, Power down by 0.69%, Basic Materials down by 0.51% and Bankex down by 0.43% were the top losing indices on BSE.

The top gainers on the Sensex were ITC up by 1.39%, Bajaj Finance up by 0.65%, TCS up by 0.64%, Larsen & Toubro up by 0.63% and Maruti Suzuki up by 0.58%. On the flip side, NTPC down by 1.88%, Eternal down by 1.84%, HDFC Bank down by 1.25%, ICICI Bank down by 1.08% and Tata Steel down by 1.00% were the top losers.

Meanwhile, the Ministry of External Affairs (MEA) has said that China granted licences to certain Indian companies to import rare earth magnets. China’s decision to ease restrictions on supply of rare earth minerals to India came amid efforts by the two sides to normalise the bilateral ties that came under severe strain following the over four-year military face-off along the LAC in eastern Ladakh.

China’s decision to grant licenses to the Indian companies is being seen as part of overall efforts to rebuild the ties between the two sides. Rare earth minerals are considered vital for high-end technology products including electric vehicles (EVs), drones, and battery storage. China has been a dominant player in the critical minerals supply chain globally. 

India has been looking at a steady supply of rare earth minerals to fuel its economic growth. China accounts for around 70 per cent of global rare earth mining that makes it a very dominant player in the global supply chain of the critical minerals.

The CNX Nifty is currently trading at 25781.55, down by 96.30 points or 0.37% after trading in a range of 25765.90 and 25953.75. There were 15 stocks advancing against 35 stocks declining on the index.

The top gainers on Nifty were Eicher Motors up by 2.42%, ITC up by 1.35%, Coal India up by 1.04%, Bajaj Auto up by 1.00% and Maruti Suzuki up by 0.67%. On the flip side, NTPC down by 2.25%, Cipla down by 2.14%, Max Healthcare Inst down by 1.91%, Eternal down by 1.82% and Interglobe Aviation down by 1.31% were the top losers.

Asian markets were trading mostly in red; Jakarta Composite plunged 10.34 points or 0.13% to 8,173.72, Shanghai Composite weakened 26.41 points or 0.66% to 3,960.49, Hang Seng declined 183.69 points or 0.7% to 26,099.00 and Straits Times fell 7.43 points or 0.17% to 4,430.01. However, Nikkei 225 surged 992.39 points or 1.93% to 52,318.00, Taiwan Weighted added 155.12 points or 0.55% to 28,442.65 and KOSPI increased 21.44 points or 0.52% to 4,108.33.
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