Indian equity markets ended in the red on Wednesday, October 30, as investors turned cautious following the U.S. Federal Reserve’s latest policy move. After opening below the 26,000 mark, the Nifty 50 faced sustained selling pressure, while the Sensex fell over 500 points amid weak global cues.
The Nifty 50 closed at 25,877.85, down 176.05 points (0.68%), while the Sensex settled 592.67 points lower (0.70%) at 84,404.46 on its monthly expiry day.
Market breadth tilted towards the bears, with 1,808 stocks advancing, 2,167 declining, and 147 remaining unchanged. Broader indices saw milder declines — both the Nifty Midcap 100 and Nifty Smallcap 100 fell around 0.1% each.
Across sectors, most indices closed lower. Healthcare, financial services, and pharma stocks led the losses, while IT, FMCG, and auto shares also traded weak. The Nifty Healthcare Index slipped 0.81%, and financial services and private bank indices dropped around 0.7% each.
Nifty Realty was the only index to end in positive territory, rising 0.13%, while consumer durables and oil & gas indices registered marginal declines.
Globally, investor sentiment remained subdued after the U.S. Federal Reserve cut interest rates by 25 basis points but hinted at a potential pause in further easing this year. The resulting strength in the U.S. dollar weighed on emerging markets, including India.
Domestically, mixed Q2 earnings, F&O expiry-related volatility, and ongoing uncertainty surrounding Trump–Xi trade talks further dampened risk appetite.
Technically, Nifty continued to face resistance near the 26,050–26,100 zone and found support around 25,800, suggesting consolidation within a narrow range.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. Investors are advised to consult a certified financial advisor before making investment decisions.
