HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Bourses continue to trade in red in early afternoon session
Oct-31-2025

Indian markets trimmed some of their losses in early afternoon session but continued to trade in red. Mixed cues from other Asian markets forced domestic markets to trade in red.  Besides, traders were monitoring Q2 earnings from heavyweight companies. As for broader indices, BSE Mid cap index and Small cap index traded with limited losses respectively. Traders ignored the Ministry of External Affairs’ (MEA) statement 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.

On the global front, Asian markets were trading mixed as Japan's industrial production rebounded at a stronger-than-expected pace at the end of the third quarter and inflation in Tokyo accelerated further in October. Industrial output advanced 2.2 percent month-on-month, in contrast to the 1.5 percent drop in August. 

The BSE Sensex is currently trading at 84168.10, down by 236.36 points or 0.28% after trading in a range of 84044.99 and 84712.79. There were 11 stocks advancing against 19 stocks declining on the index.

The broader indices were trading in red; the BSE Mid cap index declined 0.10%, while Small cap index was down by 0.08%.

The top gaining sectoral indices on the BSE were Auto up by 0.57%, Oil & Gas up by 0.52%, Energy up by 0.39%, PSU up by 0.35% and Industrials was up by 0.18%, while Utilities down by 0.93%, Power down by 0.73%, Metal down by 0.73%, Healthcare down by 0.59% and Basic Materials was down by 0.51% were the top losing indices on BSE.

The top gainers on the Sensex were Larsen & Toubro up by 0.97%, TCS up by 0.84%, Maruti Suzuki up by 0.83%, SBI up by 0.77% and ITC up by 0.74%. On the flip side, Eternal down by 2.38%, NTPC down by 2.17%, Kotak Mahindra Bank down by 1.27%, ICICI Bank down by 0.88% and HDFC Bank down by 0.81% were the top losers.

Meanwhile, with an aim of strengthening partnership with Bhutan, the finance minister Nirmala Sitharaman has embarked on a four-day official visit to the neighbouring country. The visit has emphasized the enduring partnership between India and Bhutan, rooted in mutual respect, trust, and shared commitment to progress and prosperity in the region. 

During her visit, the finance minister will visit and observe several key projects being implemented in Bhutan with support of the Government of India. These projects include the Kurichhu Hydropower Plant Dam and Powerhouse, the Gyalsung Academy, the Sangchen Choekhor Monastery and Punakha Dzong. Further, she will hold talks with the Finance Minister of Bhutan to discuss avenues for further strengthening economic and financial cooperation between two counties.

Moreover, she will visit the Cottage & Small Industries (CSI) Market, where she will witness a transaction using India's Unified Payments Interface (UPI), reflecting the growing digital and financial connectivity between the two nations. She will also interact with farmers of Bhutan to understand their agricultural practices, challenges, and opportunities.

The CNX Nifty is currently trading at 25790.85, down by 87.00 points or 0.34% after trading in a range of 25763.35 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 2.79%, Larsen & Toubro up by 0.98%, TCS up by 0.87%, Bajaj Auto up by 0.82% and ITC up by 0.80%. On the flip side, Max Healthcare Inst down by 2.38%, Eternal down by 2.35%, NTPC down by 2.19%, Cipla down by 2.16% and Interglobe Aviation down by 1.74% were the top losers.

Asian markets were trading mixed; Hang Seng declined 263.69 points or 1% to 26,019.00, Taiwan Weighted lost 54.18 points or 0.19% to 28,233.35, Shanghai Composite weakened 31.29 points or 0.79% to 3,955.61 and Jakarta Composite was down by 10.34 points or 0.13% to 8,173.72. On the flip side, Straits Times fell 4.09 points or 0.09% to 4,433.35, KOSPI increased 20.61 points or 0.5% to 4,107.50 and Nikkei 225 was up by 879.39 points or 1.68% to 52,205.00.
  RELATED NEWS >>
Most Viewed >>
October 30 , 2025
Sebi's cost-cap plan threatens to erode mutual
October 30 , 2025
‘Gatekeepers of Governance’: 10th Annual Corpo
October 30 , 2025
RBI’s forex strategy yields better results tha
October 31 , 2025
Sebi extends timeline for QSBs to implement op
EXPLORE
© CITRUS INTERACTIVE
Designed & Developed Accord Fintech Pvt. Ltd.