The Nifty slipped amid volatility on the monthly derivatives expiry day, ending 29 points lower at 25,936 after recovering from intraday lows. Sectoral performance was mixed, with metals, PSU banks, and media stocks leading the gainers, while realty and IT counters dragged. Broader markets ended largely flat after a choppy session. Investors now turn their focus to the US Federal Reserve meeting, where a 25-basis-point rate cut is widely expected. Key earnings to watch include L&T, Coal India, and Varun Beverages. This morning, global cues were positive. US markets closed higher, with S&P 500 breaching all-time highs intraday. Asian markets also started higher this morning, with Japan's Nikkei 225 hitting an all-time high. Catch Lovisha Darad in conversation with Jay Thakkar, Head Derivatives and Quant Research, ICICI Securities and Nitin Bhasin, Head of Institutional Equities, Ambit.
first published: Oct 29, 2025 08:53 am
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