Summary of this article
Sensex, Nifty closed lower on October 30.
Weak global cues continued to impact investor sentiment.
The Sensex and the Nifty closed lower on October 30, 2025. The Nifty 50 closed at 25,877.85, down by 176.05 points or 0.68 per cent while the Sensex closed at 84,404.46, down by 592.67 points or 0.7 per cent due to weak global cues, including US Federal Reserve Chair Jerome Powell’s comments on further rate cuts, and dampened investor sentiment, among others.
Powell had indicated that further rate cuts are unlikely to be announced in the current year, which dampened investor sentiments. Mixed Q2 earnings and progress in the signing of a US-China trade deal also added to investor concerns in the Indian equity market.
Dr Reddy’s Laboratories and Cipla Lead Losers
Shares of Dr Reddy’s Laboratories and Cipla emerged as the top-losers among the constituents of the benchmark Nifty index, as they finished lower by 3.79 per cent and 2.54 per cent, respectively. Other major losers included HDFC Life Insurance and Interglobe Aviation, which closed lower by as much as 2.01 per cent on the NSE.
Nifty Financial Services And Nifty Bank Decline
The Nifty Financial Services and the Nifty Bank index declined the most among all sectoral indices, finishing the session lower by 0.77 per cent and 0.61 per cent, respectively. On the other hand, the Nifty Realty finished the session higher by 0.04 per cent. Broader markets also traded under pressure with the Nifty Midcap 100 and the Nifty SmallCap 100 finishing the session lower by 0.09 per cent and 0.1 per cent, respectively.
Global Markets On October 30
Asian indices traded mixed on October 30, with the Nikkei 225 and the KOSPI finishing higher by 0.29 per cent and 0.14 per cent, respectively. On the other hand, the Hang Seng and the Shanghai Composite finished lower by 0.24 per cent and 0.74 per cent, respectively.
Primary Market Action
The public issue of Studds Accessories’ initial public offering (IPO) opened for subscription on October 30. Billionbrains also announced the price band for its public issue. The small and medium enterprises (SME) issue of Game Changers Texfab IPO closed for subscription on October 30 as well, while the public issues of Orkla India IPO and Safecure Services IPO remained open for subscription.
Market Outlook
Several global events are expected to shape action in D-Street in the upcoming sessions. D-Street is expected to factor in fresh developments related to the signing of a US-China trade deal post US President Donald Trump’s meeting with his Chinese counterpart, Xi Jinping at the sidelines of the APEC summit. The US President also said that Beijing is now expected to give the US greater access to rare earth minerals. The US President also announced lower tariffs “effective immediately” on Chinese imports.
Other factors which are expected to impact trading activity on D-Street include the release of corporate earnings reports which will provide insight into company performance and potentially influence individual stock movements. The stock market is also expected to factor in US Federal Reserve Chair Jerome Powell’s comments regarding the future of rate-cuts.
