Stock Market News: Several cues are set to impact trading activity on D-street on October 27. Some of the major cues include commodity price changes, the easing of trade-tensions and the announcement of financial results by Indian companies.
Stock Market News: Several cues are set to impact trading activity on D-street on October 27. Some of the major cues include commodity price changes, the easing of trade-tensions and the announcement of financial results by Indian companies.
The benchmark indices are set to begin the week on a positive note amid mostly positive cues. On October 27, the Gift Nifty signalled a positive start for the benchmark Nifty as the Gift Nifty traded at 25,949.5 levels up by 62 points or 0.24 per cent. Notably, the headline indices finished lower in the previous session, snapping a six day winning streak.
The Sensex and the Nifty closed in the red territory on October 24. The Nifty 50 closed at 25,795.15 down by 96.25 points or 0.37 per cent and the 30-share Sensex finished at 84,211.88 down by 344.52 points or 0.41 per cent.
On October 27, D-street is set to factor in multiple cues such as de-escalations in global trade tensions between the US and its key trade partners such as India and China. On the other hand, cues such as the announcement of September quarter results by companies and changes in gold and crude oil prices are also likely to impact trading activity and investor sentiment.
As per data released by the Bureau of Labor Statistics (BLS), U.S. inflation for the month of September stood at 3 per cent on an annual basis. While the inflation rate was marginally higher than the one witnessed in August, it remained below the street’s expectations, providing room for further rate cuts by the US Federal Reserve. The lower-than-anticipated inflation rate and the likelihood of a potential US rate cut can potentially reduce lucrativeness of US dollar-denominated assets, leading Foreign Institutional Investors (FIIs) to increase their investments elsewhere such as the Indian stock market.
According to a report by the BBC which cited US Secretary Scott Bessent, the US and China have mutually agreed on the framework for a trade-deal. The framework is likely to be discussed at US President Donald Trump’s meeting with China’s President Xi Jinping at the Asia-Pacific Economic Cooperation (APEC) summit which will be held in South Korea.
As of late October 2025, India and the US seem close to finalising a bilateral trade agreement. Officials are hopeful of meeting the target for the first phase of the deal by the end of Fall 2025. In a recent development, India’s Ambassador to the United States, Vinay Mohan Kwatra deliberated upon a trade agreement with a Ranking Member of the Senate Foreign Relations Committee, Jeanne Shaheen.
On October 27 over 40 companies are set to announce their financial earnings for the September quarter of FY25-26. Some of the major companies which are scheduled to announce their results today include Adani Energy Solutions, Bata India, Indian Oil Corporation, JK Tyre & Industries, Mazagon Dock Shipbuilders, PNB Housing Finance, Sona BLW Precision Forgings and Tata Investment Corporation.
On October 24, foreign institutional investors net purchased Indian equities worth Rs 621.51 crore, domestic institutional investors also net purchased equities worth Rs 173.13 crore. As of October 27, FIIs have net sold equities worth Rs 244.02 crore and DIIs have net purchased equities worth Rs 33,989.76 crore.
Crude oil prices witnessed an uptick in the early hours of October 27, the price of Brent Crude traded around $66.06 up by $0.12 or 0.18 per cent on the other hand the price of West Texas Intermediate was around $61.64 up by $0.14 or 0.23 per cent.
Gold prices witnessed a slight decline on October 27, the price of 24 karat gold remained around Rs 12,561 per gram, the price of 22 karat gold remained around Rs 11,514 per gram and the price of 18 karat gold was around Rs 9421 as per the Goodreturns website.
Asian indices traded with major gains in the early hours of October 27 amid the likelihood of the US Federal Reserve announcing an interest rate cut. The Nikkei 225, Hang Seng and the KOSPI traded higher by 2 per cent, 1.12 per cent and 2.13 per cent respectively. The ShanghaI Composite index also traded with gains of 1.04 per cent in the early hours of October 27.
US market indices finished the session with gains on October 24, the Nasdaq Composite, Dow Jones Industrial Average and the S&P 500 finished the session with gains of 1.15 per cent, 1.01 per cent and 0.79 per cent respectively.