Skip to content Indian Stock Market Deep Dive – Sensex, Nifty 50 & Global Indices Performance (Weekly, Yearly & 10-Year)
Indian Stock Market Weekly Review: October 31, 2025
Indian equities capped off their fourth consecutive week of gains, marking the longest winning streak since December 2024, despite a profit-booking-driven pullback on Friday that snapped a six-day rally. The Sensex closed at 84,211.88, up 259.69 points (0.31%) for the week, while the Nifty 50 ended at 25,795.15, gaining 85.30 points (0.33%). The benchmarks touched a 52-week high of 85,290.06 on Thursday before paring gains, as markets digested mixed signals on India-US trade talks and global trade tensions
This is how the numbers stood:
BSE Week-on-Week (WoW) and Year-on-Year (YoY) Performance
| Date & Day | BSE Close | % Change |
| This Week Close (Friday, 31 Oct 2025) | 83,938.71 | – |
| Last Week Close (Friday, 24 Oct 2025) | 84,211.88 | -0.32% |
| Last Year Close (Friday, 01 Nov 2024) | 79,724.12 | 5.29% |
NSE Week-on-Week (WoW) and Year-on-Year (YoY) Performance
| Date & Day | NSE Close | % Change |
| This Week Close (Friday, 31 Oct 2025) | 25,722.10 | – |
| Last Week Close (Friday, 24 Oct 2025) | 25,795.15 | -0.28% |
| Last Year Close (Friday, 01 Nov 2024) | 24,304.35 | 5.83% |
Indian Stock Market Sector Performance (Week-on-Week)
Here is how the sectors performed WoW:
BSE Top 5 Sectors This Week
| Index | This Week Close | Prev. Week Close | Δ (pts) | Δ (%) | 52 Week (High) | 52 Week (Low) |
| BSE Oil & Gas | 28,640.52 | 27,575.04 | 1,065.48 | 3.86% | 28,829.84 | 21,949.84 |
| BSE Energy | 12,069.21 | 11,752.99 | 316.22 | 2.69% | 12,191.68 | 9,597.62 |
| BSE Metal | 35,128.74 | 34,290.99 | 837.75 | 2.44% | 35,909.68 | 25,884.45 |
| BSE Industrials | 15,246.64 | 14,954.66 | 291.98 | 1.95% | 16,044.95 | 11,380.29 |
| BSE Capital Goods | 70,404.39 | 69,322.24 | 1,082.15 | 1.56% | 73,853.84 | 54,567.64 |
BSE Bottom 5 Sectors This Week
| Index | This Week Close | Prev. Week Close | Δ (pts) | Δ (%) | 52 Week (High) | 52 Week (Low) |
| BSE Auto | 59,869.80 | 60,409.27 | -539.47 | -0.89% | 61,946.82 | 42,834.11 |
| BSE Focused IT | 41,714.40 | 42,088.37 | -373.97 | -0.89% | 54,112.22 | 36,211.60 |
| BSE Healthcare | 44,529.77 | 44,883.76 | -353.99 | -0.79% | 46,018.05 | 37,028.95 |
| BSE Information Technology | 35,012.88 | 35,260.84 | -247.96 | -0.70% | 45,791.73 | 30,458.02 |
| BSE Telecommunication | 2,993.65 | 3,014.35 | -20.70 | -0.69% | 3,200.99 | 2,439.79 |
NSE Top 5 Sectors This Week
| Index | This Week Close | Prev. Week Close | Δ (pts) | Δ (%) | 52 Week (High) | 52 Week (Low) |
| NIFTY PSU Bank | 8,184.35 | 7,817.40 | 366.95 | 4.69% | 8,272.30 | 5,530.35 |
| NIFTY Oil & Gas | 11,990.25 | 11,624.05 | 366.20 | 3.15% | 13,607.20 | 6,645.90 |
| NIFTY Metal | 10,612.15 | 10,347.45 | 264.70 | 2.56% | 10,837.45 | 7,690.20 |
| NIFTY MidSmall Fin.Services | 19,714.80 | 19,467.40 | 247.40 | 1.27% | 19,844.90 | 12,407.95 |
| NIFTY Realty | 947.55 | 940.90 | 6.65 | 0.71% | 1,137.50 | 765.80 |
NSE Bottom 5 Sectors This Week
| Index | This Week Close | Prev. Week Close | Δ (pts) | Δ (%) | 52 Week (High) | 52 Week (Low) |
| NIFTY Healthcare Index | 14,693.30 | 14,862.85 | -169.55 | -1.14% | 15,112.50 | 7,249.70 |
| NIFTY Auto | 26,809.85 | 27,108.70 | -298.85 | -1.10% | 27,725.75 | 19,316.65 |
| NIFTY Private Bank | 28,050.65 | 28,335.25 | -284.60 | -1.00% | 28,827.00 | 23,508.05 |
| NIFTY Pharma | 22,175.40 | 22,357.35 | -181.95 | -0.81% | 23,604.45 | 19,121.10 |
| NIFTY IT | 35,712.35 | 35,986.35 | -274.00 | -0.76% | 46,088.90 | 30,918.95 |
Top Indian Stocks (Week-on-Week Gainers)
Here are the top 10 Indian stocks WoW:
BSE Top 10 Stocks This Week
| BSE 500 Stocks | This Week Close | Prev Week Close | WoW Δ (pts) | WoW Δ (%) |
| Chennai Petroleum Corporation | 980.05 | 772.45 | 207.60 | 26.88 |
| Hatsun Agro Product | 1,104.30 | 901.15 | 203.15 | 22.54 |
| Five-Star Business Finance | 652.85 | 538.25 | 114.60 | 21.29 |
| Blue Dart Express | 6,573.10 | 5,568.20 | 1,004.90 | 18.05 |
| Welspun Corp | 965.05 | 835.10 | 129.95 | 15.56 |
| Bharat Heavy Electricals | 266.25 | 231.25 | 35.00 | 15.14 |
| Mangalore Refinery & Petrochem | 166.45 | 145.15 | 21.30 | 14.67 |
| HEG | 590.70 | 515.40 | 75.30 | 14.61 |
| Intellect Design Arena | 1,132.90 | 997.45 | 135.45 | 13.58 |
| R R Kabel | 1,410.75 | 1,245.15 | 165.60 | 13.30 |
NSE Top 10 Stocks This Week
| NSE 500 Stocks | This Week Close | Prev Week Close | WoW Δ (pts) | WoW Δ (%) |
| Chennai Petroleum Corporation | 970.90 | 770.30 | 200.60 | 26.04 |
| Five-Star Business Finance | 651.10 | 535.50 | 115.60 | 21.59 |
| Blue Dart Express | 6,490.00 | 5,568.00 | 922.00 | 16.56 |
| Welspun Corp | 963.20 | 837.00 | 126.20 | 15.08 |
| Bharat Heavy Electricals | 264.50 | 231.26 | 33.24 | 14.37 |
| HEG | 589.00 | 515.00 | 74.00 | 14.37 |
| Mangalore Refinery and Petrochemicals | 165.79 | 145.25 | 20.54 | 14.14 |
| R R Kabel | 1,420.00 | 1,246.70 | 173.30 | 13.90 |
| Intellect Design Arena | 1,127.80 | 996.95 | 130.85 | 13.13 |
| Aditya Birla Real Estate | 1,891.00 | 1,680.30 | 210.70 | 12.54 |
Top Indian Stocks (Week-on-Week Losers)
Here are the top 10 Indian stocks that were at the bottom WoW:
BSE Bottom 10 Stocks This Week
| BSE 500 Stocks | This Week Close | Prev Week Close | WoW Δ (pts) | WoW Δ (%) |
| Cohance Lifesciences | 753.20 | 877.25 | -124.05 | -14.14 |
| Vodafone Idea | 8.73 | 9.62 | -0.89 | -9.25 |
| 360 One WAM | 1,081.40 | 1,185.40 | -104.00 | -8.77 |
| Aditya Birla Sun Life AMC | 760.00 | 830.95 | -70.95 | -8.54 |
| Bata India | 1,071.75 | 1,164.55 | -92.80 | -7.97 |
| Bandhan Bank | 156.55 | 169.95 | -13.40 | -7.88 |
| Mah. Scooters | 15,210.90 | 16,418.10 | -1,207.20 | -7.35 |
| TBO Tek | 1,482.75 | 1,597.40 | -114.65 | -7.18 |
| UTI AMC | 1,247.75 | 1,340.55 | -92.80 | -6.92 |
| Supreme Petrochem | 750.50 | 806.00 | -55.50 | -6.89 |
NSE Bottom 10 Stocks This Week
| NSE 500 Stocks | This Week Close | Prev Week Close | WoW Δ (pts) | WoW Δ (%) |
| Cohance Lifesciences | 750.65 | 876.80 | -126.15 | -14.39 |
| Vodafone Idea | 8.72 | 9.63 | -0.91 | -9.45 |
| Aditya Birla Sun Life AMC | 758.15 | 831.95 | -73.80 | -8.87 |
| Bata India | 1,068.00 | 1,168.00 | -100.00 | -8.56 |
| 360 One WAM | 1,084.00 | 1,184.10 | -100.10 | -8.45 |
| Bandhan Bank | 156.55 | 169.76 | -13.21 | -7.78 |
| TBO Tek | 1,477.90 | 1,600.00 | -122.10 | -7.63 |
| Transformers and Rectifiers (India) | 445.10 | 481.20 | -36.10 | -7.50 |
| UTI AMC | 1,248.00 | 1,340.00 | -92.00 | -6.87 |
| Dr Reddy’s Laboratories | 1,198.00 | 1,282.70 | -84.70 | -6.60 |
Domestic Markets and Economic News This Week
Indian Stock Market Weekly Review: October 31, 2025
Market Performance: Four-Week Rally Ends
Indian equities concluded October on a subdued note, snapping a four-week winning streak with modest weekly declines, though the month itself delivered the strongest performance in seven months. The Sensex fell 465.75 points (0.55%) on Friday to close at 83,938.71, while the Nifty 50 declined 155.75 points (0.60%) to settle at 25,722.10. For the week, both indices dipped approximately 0.3%, marking their first weekly loss in five weeks.
Despite Friday’s profit-booking, October proved remarkably robust for Indian equities. The Sensex surged 4.57% (3,671 points) for the month—its largest monthly gain since March 2025—while the Nifty 50 advanced 4.51%. This performance was underpinned by strong Q2 earnings, a sharp reversal in foreign institutional flows, and benign inflation creating policy space for potential RBI action.
Sectoral Dynamics
Sectoral performance for the week was largely negative, with only ten of 21 sectors on the BSE and six of the 17 NSE sector indices closing in positive territory week-on-week. PSU Banks emerged as the week’s standout performer on the NSE, with the Nifty PSU Bank index surging 4.69% and hitting fresh 52-week highs. The rally was fuelled by reports suggesting the government may raise the FDI limit in public sector banks from 20% to 49%, signalling confidence in the sector’s growth prospects.
On the BSE, Oil & Gas, Energy, Metals, Industrials, Capital Goods, POWER and Commodities were the top six sectors week-on-week. Auto snapped weeks of gains by losing 0.89% over the week. Despite the upswing in the sector, Nifty Metal index fell 1.09% after hitting record highs mid-week. On Friday, Financial services stocks underperformed, with the Nifty Financial Services index slipping 0.87%, dragged down by heavyweights HDFC Bank (-1.1%) and ICICI Bank (-1.3%) following SEBI’s announcement on Bank Nifty restructuring.
For the month, every one of 16 primary sectors registered gains, with IT leading at 6.1%, bolstered by better-than-expected Q2 results from TCS, HCL Tech, and Wipro. Banking and financial sectors rose 4.3-6%, supported by strong performances from major private banks.
Broader markets also declined on Friday, with the Nifty Midcap 100 down 0.45% and Smallcap 100 falling 0.48%. However, for October, these indices delivered impressive gains, with midcaps up over 5% and smallcaps advancing nearly 6%, reflecting robust risk appetite among investors.
Foreign and Domestic Institutional Flows
The week witnessed a dramatic shift in FII sentiment. On Friday alone, FIIs sold ₹6,769 crore, while DIIs bought ₹7,068 crore, extending their 28th consecutive week of net purchases. For October as a whole, FIIs turned net buyers at $1.94 billion (through October 30), ending three months of consecutive outflows. This marked a significant turnaround from September’s heavy selling, driven by improving Q2 earnings visibility and easing US-China trade tensions.
DIIs remained the bedrock of market stability, purchasing ₹6,288.05 crore for the week and over ₹40,000 crore in October. This sustained buying—fuelled by record SIP inflows, insurance investments, and mutual fund participation—has been instrumental in cushioning the market against foreign volatility.
Regulatory Developments: SEBI’s Bank Nifty Overhaul
The week’s most significant regulatory development came from SEBI’s circular on October 30, mandating a restructuring of derivatives on non-benchmark indices, including Bank Nifty, FinNifty, and BSE Bankex. The new norms aim to reduce concentration risk and make these indices more representative:
- Minimum 14 constituents (up from 12)
- Top constituent weight capped at 20% (down from 33%)
- Top three constituents combined capped at 45% (down from 62%)
Bank Nifty will undergo a phased four-month rebalancing through March 31, 2026, while Bankex and FinNifty must comply by December 31, 2025. This restructuring is expected to cause outflows of approximately $300 million from HDFC Bank and ICICI Bank, which contributed to Friday’s banking sector weakness.
The move addresses long-standing concerns about systemic risks arising from heavy concentration in a few large-cap banking stocks, where traders could create indirect single-stock exposures through index derivatives.
Corporate Earnings: Q2 FY26 Season
The Q2 earnings season concluded on a strong note, with 648 companies reporting results showing revenue growth of 5.4% year-on-year and net profit growth of 13.68%. Key highlights from the final week included:
- ITC Hotels: Consolidated net profit surged 74.31% YoY to ₹132.77 crore, with revenue rising 8% to ₹839.48 crore, reflecting robust hospitality demand
- Adani Green Energy: Net profit more than doubled to ₹583 crore (+111% YoY) from ₹276 crore last fiscal, though total income was only slightly up 0.10% YoY to reach ₹3,008 crore
- Adani Energy Solutions: Consolidated profit declined 20.69% YoY to ₹535.10 crore, but revenue rose 6.66% to ₹6,595.83 crore
- PSU Banks (Union Bank, Canara Bank): Strong Q2 results supported the sector’s rally, with improved asset quality and healthy loan growth.
Nifty 50 companies posted revenue growth of 5.11% and net profit growth of 3.25%, while large-cap companies delivered revenue growth of 4.76% and net profit growth of 9.74%. Management commentaries remained cautiously optimistic, citing festive season demand, improving rural consumption, and robust infrastructure spending.
Macroeconomic Landscape
The RBI’s October Monetary Policy Report (released post-meeting) kept the repo rate unchanged at 5.50% with a neutral stance, while upgrading the FY26 GDP growth forecast to 6.8% from 6.5%. This combination of low inflation and robust growth has created significant policy flexibility for the central bank.
GST collections for October stood at ₹1.87 lakh crore, marking the tenth consecutive month above ₹1.8 lakh crore, reflecting sustained economic momentum. The government’s capital expenditure has reached 51.8% of the full-year target of ₹11.2 lakh crore, signalling continued infrastructure push.
The rupee weakened marginally to ₹88.77 per dollar on Friday, down from ₹87.85 the previous week, as FII selling resumed and global dollar strength persisted. However, with forex reserves above $700 billion, it is believed the RBI has ample ammunition to manage currency volatility.
Corporate and Policy Updates
- FDI in PSU Banks: Reports of a potential government move to raise FDI limits from 20% to 49% in public sector banks drove the sector rally, though official confirmation is awaited
- Rare Earth Minerals: The Ministry of External Affairs confirmed licences for four Indian companies to import rare earth magnets from China, easing supply chain concerns for electronics and EV sectors
- Chabahar Port: The US granted India a six-month waiver on Chabahar port sanctions, facilitating trade with Iran and Central Asia
- NSE Derivatives Lot Sizes: Following SEBI’s directive, NSE revised lot sizes for major index derivatives effective October 28, maintaining contract values between ₹5-10 lakh
Global Markets: Top Stories
Asia: Japan Soars to Record Highs
Asian markets showed divergent performance, with Japan leading the charge. The Nikkei 225 surged 3,111.69 points WoW and over 1000 points each on Wednesday and Friday to close at 52,411.34, hitting a new all-time high and posting its largest monthly percentage increase since 1990.
Japan’s rally was driven by expectations of fiscal stimulus from newly appointed Prime Minister Takaichi, corporate earnings beats, and a weaker yen boosting export competitiveness.
Hong Kong’s Hang Seng fell 376.04 points on Friday amid profit-taking following a strong monthly run, though the index remained up significantly for October.
China’s markets remained under pressure, with mainland indices showing modest gains for the month despite fresh stimulus measures from Beijing authorities.
United States: Fed Cuts Again, But Signals Caution
Wall Street delivered mixed signals during the week, with major indices posting strong monthly gains despite increased volatility. The S&P 500 rose 0.26% on Friday to close at 6,840.20, the Nasdaq Composite gained 0.61% to 23,724.96, and the Dow Jones Industrial Average edged up 0.09% to 47,562.87.
For the week, the S&P 500 gained 0.7%, the NASDAQ rose 2.2%, and the Dow advanced 0.8%. October proved exceptional, with the S&P 500 up 2.27% (its sixth consecutive monthly gain, the longest streak since August 2021), the Nasdaq surging 4.7% (seventh straight monthly rise), and the Dow climbing 2.5% (sixth consecutive month).
The Federal Reserve cut rates by 25 basis points at its October 28-29 meeting, lowering the federal funds rate to 3.75-4.00%, as widely expected. However, the decision saw two dissenting votes—one favouring a 50 bps cut, another opposing any cut—highlighting internal divisions on the committee.
Fed Chair Jerome Powell’s commentary was notably hawkish, warning that “uncertainty about the economic outlook remains elevated” and that a December rate cut is “far from a foregone conclusion”. Powell pointed to rising inflation (up to 3.0% from earlier levels) and slowing but resilient job growth as factors warranting caution.
The Fed also announced it would conclude its quantitative tightening program on December 1, ending the runoff of Treasury securities from its $6.6 trillion balance sheet.
Amazon powered Friday’s rally, with shares surging 9.58% to an all-time high after reporting AWS revenue growth of 20%—the fastest pace since 2022—and forecasting strong holiday quarter sales. CEO Andy Jassy noted AWS was “growing at a pace we haven’t seen since 2022, with strong demand from AI and core infrastructure services”.
Apple shares fell 0.4% despite beating earnings expectations, as CEO Tim Cook warned of supply constraints impacting iPhone holiday quarter availability.
Tesla jumped 3.7%, extending its 112% year-to-date gain, while Reddit surged 14% on 68% YoY revenue growth to $585 million. Netflix gained 2.7% after announcing a 10-for-1 stock split.
Europe: ECB Easing, Strong PMI Data
European markets closed Friday mostly in negative territory despite solid monthly and weekly gains. The FTSE 100 in London, CAC-40 in Paris, and AEX in Amsterdam all posted Friday declines, though they logged impressive October advances.
Eurozone business activity hit an 18-month high in October, with the composite PMI exceeding expectations, driven by strong services momentum and stabilizing manufacturing. The data reinforced expectations for further ECB rate cuts in the coming months.
UK economic data surprised positively, with retail sales growing for the fourth consecutive month and reaching the highest level since July 2022. The Bank of England held rates steady as expected, focusing on inflation risks from rising wages despite moderating headline CPI.
Trade Developments
The week saw significant trade diplomacy:
- U.S.-China trade truce: President Trump announced an agreement with President Xi Jinping on rare-earth metals and tariff adjustments, easing tensions ahead of the October 31 deadline for potential 100% tariffs on Chinese imports
- Canada trade breakdown: President Trump terminated trade negotiations with Canada following a political advertisement dispute
Commodity Markets
Crude oil prices stabilized after volatile movements triggered by US sanctions on Russia’s two largest oil companies. Chevron and Exxon Mobil reported lower Q3 profits but indicated plans to increase production.
Gold prices remained near record highs as investors sought safe-haven assets amid geopolitical uncertainties and persistent inflation concerns.
Indian Market Outlook
Indian equities enter November with strong tailwinds—record monthly gains, improving FII flows, robust earnings, and supportive macro fundamentals. The combination of low inflation (1.5%), strong GDP growth (7.8% in Q1 FY26), and potential RBI easing creates a favourable environment for sustained market performance.
Key factors to monitor include:
- RBI’s December policy meeting: Markets are pricing in a 25 bps rate cut if inflation remains subdued
- Global central bank actions: Fed’s December decision, ECB easing trajectory
- SEBI’s Bank Nifty restructuring: Impact on passive funds and derivative volumes
- US-China trade dynamics: Sustainability of the recent truce
- Corporate guidance: Q3 outlook from major companies as earnings season concludes
November historically delivers strong returns for equities (average 1.8% gain for S&P 500 since 1950), and with seasonal tailwinds, festive demand momentum, and policy support, Indian markets are well-positioned for continued strength heading into year-end. However, investors should remain mindful of global trade uncertainties, Fed policy shifts, and valuation concerns in select pockets of the market.
⚠️ This article is for informational and educational purposes only and does not constitute investment advice. Please consult a Registered Investment Advisor before making any investment decisions.
