Nifty 50 closed at 25,732.55, down by 145.30 points (0.56%). Bank Nifty closed at 57,786.00, down by 245 points (0.42%). Sensex closed at 83,955.14, down by 449.32 points (0.53%).
Bharat Electronics, Eicher Motors, Shriram Finance, L&T, TCS were among the major gainers on the Nifty, while losers were Cipla, Eternal, Max Healthcare, NTPC, and Interglobe Aviation. Among sectors, PSU Bank index rose 1.5%, while power, metal, media shed 1% each, and IT, private bank, and healthcare index down 0.5% each. BSE Midcap index slipped 0.5% and Smallcap indices down 0.4%.
US Markets
- Dow Jones Futures are slightly up by 8.00 points, up by 0.017%, currently trading at 47,685.00 as of October 31, 2025.
European Markets
- FTSE (UK) decreased by 41.14 points, down by 0.42%, standing at 9,718.84.
- CAC (France) decreased by 24.02 points, down by 0.29%, at 8,133.40.
- DAX (Germany) decreased by 114.97 points, down by 0.48%, at 24,003.92.
Global events/updates
Samsung plans to use 50,000 Nvidia GPUs to automate and enhance its chip manufacturing for mobile devices and robots. The move strengthens its AI capabilities and deepens collaboration with Nvidia, whose chips dominate the AI industry. Samsung will also work with Nvidia to optimize its fourth-generation HBM memory for faster, more efficient AI processing.
Chinese President Xi Jinping urged Asian nations at the APEC summit to maintain stable supply chains and strengthen cooperation amid global turbulence. He stressed that in challenging times, countries should work together and expand supply chain networks instead of breaking ties, highlighting China’s push for regional unity and economic resilience against global uncertainties.
Global automakers are facing new chip shortages due to tensions between the U.S. and China, this time involving Nexperia, a Dutch chipmaker owned by China’s Wingtech. The Dutch government’s takeover has disrupted supplies, forcing companies like Honda to cut production. Carmakers have adopted a “war room” approach to manage the growing supply chain crisis.
Google has partnered with Reliance to offer free Gemini AI access to over 500 million Jio users for 18 months. Similarly, Perplexity AI teamed up with Airtel for a year of free services, while OpenAI plans to provide free access in India from November 4, reflecting tech giants’ growing focus on expanding AI reach in India.
China’s factory activity contracted for a seventh straight month in October, with the PMI falling to 49.0, signaling weak demand and pressure from the property slowdown. Despite modest growth in services, manufacturing remains sluggish as exporters face price wars abroad. Economists urge more fiscal stimulus to sustain growth, which slowed to 4.8% in the third quarter.
Also read: Why did Gillette India jumps by up to 6% today? Check the reason
Stock news
Fertilizers and Chemicals Travancore (FACT) – FACT shares jumped 3% after reporting a strong Q2 with revenue up 12.5% YoY and 56% QoQ. PAT surged 87% YoY and 387% QoQ, driven by improved operational performance and strong fertilizer demand.
Teesta Agro Industries Ltd: The stock rose 10% as revenue grew 25% YoY and 79% QoQ, while PAT climbed 72% YoY and 31% QoQ, reflecting strong fertilizer sales and margin improvement during the quarter.
Dr Lal Pathlabs Ltd: Shares gained 2.5% after Q2 results and a 1:1 bonus issue announcement. Revenue rose 10% YoY, net profit up 16% YoY. The company also declared an interim dividend of ₹7 per share; record date Nov 7.
Cosmic CRF Ltd: Ashish Kacholia-backed Cosmic CRF gained 2% after its subsidiary N.S. Engineering Projects bagged two infrastructure orders worth ₹19.98 crore. Both projects, including Z Sheet Pile supply, will be completed within three months.
ACC Ltd: ACC reported strong Q2 results with revenue up 29.8% YoY and slightly down 2.3% QoQ. Net profit jumped 460% YoY and 197% QoQ, driven by better pricing and cost efficiencies.
Emkay Global Financial Services: Shares rose 4% despite weak numbers. Revenue dropped 1% QoQ and 34% YoY, while PAT declined sharply by 90% QoQ and 98% YoY, signaling pressure on profitability amid muted market activity.
Digikore Studios Ltd: The stock surged 13% after revenue grew 156% half-yearly and 53% yearly. The company turned profitable, posting ₹6 crore profit versus a ₹10 crore loss last year, and plans to open a subsidiary in New York.
Globe Textiles (India): Shares jumped 19% intraday, now up 12%, after reporting 6% YoY and QoQ revenue growth. PAT surged 18% YoY and 219% QoQ, reflecting strong demand and improved export margins.
Capri Global Capital: The company guided for AUM of ₹50,000 crore by FY28, up 119% from current levels. It also aims to improve ROA to 4% and ROE to 16–18%, highlighting strong future growth plans.
RailTel Corporation of India Ltd: RailTel secured a ₹136 crore defence sector order for telecom P2P lease line services. The contract, involving link hiring, will be executed by January 2027, strengthening its government project portfolio.
Lakshya Powertech Ltd: Shares soared 18% after receiving major orders worth ₹91.5 crore — including ₹79 crore from Asian Energy, ₹8.2 crore from ONGC, and ₹4.35 crore from Gmmco — for EPC, O&M, and mechanical works.
Brokerage Recommendations:
Rubicon Research
- Target Price:- Rs 740.00 apiece
- Upside:- 17.74%
- By Motilal Oswal
Jindal Steel
- Target Price:- Rs 1,230 apiece
- Upside:- 15.20%
- By Anand Rathi
Mold-Tek Packaging
- Target Price:- Rs 906 apiece
- Upside:- 31%
- By IDBI Capital
Happiest Minds
- Target Price:- Rs 690 apiece
- Upside:- 34%
- By Axis Direct
Top gainer/Top loser (Nifty 500)
| Top gainers | Top losers |
| Navin Fluorine (14.31%) | Bandhan Bank (-8.31%) |
| Chennai Petroleum (7.02%) | Maharashtra Scooters (-6.67%) |
| Intellect Design Arena (8.12%) | Apar Industries(-6.28%) |
| Latent View Analytics (6.33%) | Sapphire Foods (-5.06%) |
| IDBI Bank (6.07%) | MphasiS (-4.65%) |
Conclusion: Markets ended lower on Friday, with Nifty slipping 145 points and Sensex down 449 points amid mixed global cues and profit booking. PSU banks outperformed, while metal and power stocks dragged. Broader indices also weakened slightly. Despite global uncertainty and weak China data, selective stock gains and strong Q2 results in key sectors offered some support.
Written by Abhishek Singh
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