Market Opening Bell - 30th Oct: Nifty 50 down by 0.27%, Sensex by 0.29%

On Thursday, Indian markets started the day in red, with the NIFTY 50 trading at 25,984.40, down by 0.27%, and the SENSEX down by 0.29% at 84,750.90 in the pre-trading session.Global cuesAsian markets traded higher on domestic news and the Fed's rate cuts.The US markets traded mixed, with gains in tech stocks and uncertainty over further rate cuts.Gift NiftyOn October 30, 2025, the GIFT Nifty traded in green, followed by the strong Asian markets.Asian Markets ASIAN MARKETSLTPPrev closeChangeGIFT NIFTY26,165.0026,134.000.11%Nikkei 22551,378.1651,307.650.14%Hang Seng26,510.4926,346.150.62%Taiwan28,416.2328,307.910.38%KOSPI4,115.604,081.150.84% Nikkei 225 traded higher on expectations of rate cuts by the Bank of Japan at its upcoming monetary policy meeting.Hang Seng gained as investors hoped for the Xi-Trump trade deal.The Taiwan index traded higher following the Fed's interest rate cuts.The KOSPI traded positively, supported by gains in auto and shipbuilding stocks.US & European Markets US MARKETSLTPPrev closeChangeDOW JONES47,652.9947,727.37-0.16%S&P 5006,957.256,934.750.32%Nasdaq24,276.7524,187.500.37% The Dow Jones Industrial Average dropped after Fed Chair Jerome Powell indicated the central bank might not cut interest rates again in 2025.S&P 500 and Nasdaq traded higher, driven by Nvidia’s rally to become the first company ever to reach a $5 trillion market capitalisation. EU MARKETSLTPPrev closeChangeFTSE9,756.149,696.740.61%CAC8,200.888,216.58-0.19%DAX24,124.2124,278.63-0.64% The FTSE rose as several companies, including GSK, reported their earnings.CAC traded lower after losses in Basic Materials, Consumer Services, and the Technology sector.The DAX closed in red after losses in the Consumer & Cyclical, Software, and Construction sectors.Commodities COMMODITIESLTP ($)Prev closeChangeBRENT CRUDE64.580064.9200-0.53%GOLD3,936.38003,931.20000.13%CRUDE OIL60.150060.2900-0.23%NATURAL GAS3.84503.8460-0.03%SILVER47.497047.5626-0.14% Crude oil prices fell due to the drop in imports and rise in exports, according to data released by the US Energy Information Administration.Gold prices traded higher on strong global cues, such as the Fed's rate cuts, while Silver prices dropped amid easing geopolitical risks, which have reduced demand for safe-haven assets.Natural gas prices continued to trade lower due to warmer weather forecasts for the eastern US.Currency Movements CURRENCYLTPPrev closeChangeDOLLAR INDEX99.030099.15000.12%USD/INR88.200088.27000.08%GBP/INR116.6203117.53150.78%EUR/INR102.6883102.88030.19% The dollar index traded flat after a widely anticipated 25 basis-point interest rate cut by the Fed on Wednesday.The rupee strengthened against other currencies on strong domestic markets and optimism over the trade deal between India and the US.Sectors to watchBanking: The Fed’s 25-basis-point rate cut will impact the Indian banking sector, with lower lending costs and improved credit growth.IT: Lower interest rates will ease corporate spending in US markets and impact export-based Indian IT companies’ revenue from global markets.Oil and Gas: A stronger rupee will reduce import costs, which will affect the Oil and Gas sector.Stocks to watchWipro: Wipro signed a multi-year strategic agreement with HanesBrands Inc. to transform HanesBrands’ IT infrastructure and cybersecurity operations with an AI-first approach.Container Corporation of India: Container Corporation of India signed an MoU with the Jawaharlal Nehru Port Authority (JNPA) to develop and manage common rail handling operations for all upcoming container terminals at the proposed Vadhvan Port.Dilip Buildcon: Dilip Buildcon received a sub-contract from ISC Projects worth ₹307.08 crore for the Barpali Loading Bulb Development project at Kusara in Chakradharpur Division of the South Eastern Railway, which includes earthwork, construction of minor bridges, track linking, and service buildings.Ola Electric Mobility: Ola Electric Mobility received an Investigation Report from the Central Consumer Protection Authority (CCPA) regarding alleged violations of consumer rights, service deficiencies, and misleading advertisements.FII and DII Inflows - 29th Oct 2025 CategoryBuy ValueSell ValueNet ValueDII19,535.4413,842.635,692.81FII/FPI 10,190.5912,730.75-2,540.16 (The above numbers are in ₹ Cr)On 29th October, the net inflows were ₹3,152.65 crore. DIIs stood as net buyers, supporting the markets, while FIIs turned net sellers after the Fed’s rate cuts.Global Events & UpdatesOn October 30, Italy will be releasing its GDP growth and Industrial sales data.The Eurozone will be releasing its Consumer confidence and inflation data today.The US is set to release its quarterly GDP, Sales, and Real Consumer spending data today.Things to look out forJapan’s consumer confidence index data rose to 35.8 for October 2025.The US Pending Home Sales data decreased by 0.9% YoY in September 2025.ReferencesFTSE 100 today: Stocks climb as pound slips; GSK results in focusFrance shares lower at close of trade; CAC 40 down 0.19%Stocks to Watch Today: Wipro, Dr Reddys Labs, CONCOR, Dilip Buildcon, SAIL, Sagility India, NTPC Green, Ixigo, PB Fintech, BHEL, L&T in focus on 30 OctoberUnited States Pending Home Sales YoY

Market Opening Bell - 30th Oct: Nifty 50 down by 0.27%, Sensex by 0.29%

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