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Markets Pause After Four-Week Rally Amid Fed Cut and Global Cues

Indian equity benchmarks ended the week on a negative note, pausing after a four-week rally as investors await corporate earnings, global cues and policies. The Nifty 50 opened on a firm note but later pared gains to close lower at 25,722, indicating consolidation near record highs. The Bank Nifty also mirrored this trend, finishing the week nearly unchanged. Despite muted movement in secondary markets, the primary market remained robust - October 2025 emerged as India’s busiest IPO month on record, with fundraising reaching ~?46,000 crore, underscoring strong investor participation and ample market liquidity.

Global attention remained focused on the U.S. Federal Reserve’s October 29 meeting, where the central bank cut interest rates by 25 basis points, bringing the benchmark range down to 3.75. The move buoyed global risk sentiment and lent near-term support to equity and bond markets.

In commodities, gold and silver extended their decline for the second consecutive week. Gold slipped over 3%, weighed down by a stronger U.S. dollar and waning geopolitical tensions, which dampened safe-haven demand. Silver followed a similar trajectory, reflecting broad-based weakness across precious metals.

The India Maritime Week 2025 (October 27-31), held in Mumbai, underscored India’s focus on expanding maritime infrastructure and advancing the Blue Economy. The event brought together global stakeholders, policymakers, and industry leaders to discuss trade connectivity, port modernization, and sustainable ocean growth -key priorities in India’s long-term economic strategy.

On the global front, Nvidia briefly surpassed a $5 trillion market capitalisation, reaffirming investor confidence in AI-led innovation and underscoring the technology sector’s continued leadership in driving global equity markets.

Stocks

Here’s a preview of L&T’s Q2 FY26 results.

Here’s a preview of L&T’s Q2 FY26 results.
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Q2 FY26: Coforge Delivers Growth Backed by Robust Operational Execution

Q2 FY26: Coforge Delivers Growth Backed by Robust Operational Execution
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Q2FY26: Mazagon Dock Posts Robust Profit Growth with Expanding Margins

Q2FY26: Mazagon Dock Posts Robust Profit Growth with Expanding Margins
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Navin Fluorine Posts Strong Q2 FY26 Results, Share Shoots Up 15%

Navin Fluorine Posts Strong Q2 FY26 Results, Share Shoots Up 15%
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Varun Beverages Posts Strong Q2 Results, Volume Growth is Key Positive

Varun Beverages Posts Strong Q2 Results, Volume Growth is Key Positive
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The chart displays the financial performance of Adani Power for Q2FY26.

The chart displays the financial performance of Adani Power for Q2FY26.
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Cigniti Delivers Another Strong Quarter with Robust Revenue Growth and Margin Stability

Cigniti Delivers Another Strong Quarter with Robust Revenue Growth and Margin Stability
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The below snip shows how PNB Housing Finance performed in Q2FY26.

The below snip shows how PNB Housing Finance performed in Q2FY26.
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The chart below shows the performance of CAMS in Q2FY26.

The chart below shows the performance of CAMS in Q2FY26.
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Meesho: From Value Commerce Leader to Profitable Scale-Up Ahead of IPO

Meesho: From Value Commerce Leader to Profitable Scale-Up Ahead of IPO
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Indices

Turning the Tide: Unravelling Nifty’s Pattern of Early Weakness and Mid-Year Recovery

Turning the Tide: Unravelling Nifty’s Pattern of Early Weakness and Mid-Year Recovery
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YTD Returns of Top Asian Indexes, KOSPI, Nikkei and Vietnam Lead Returns

YTD Returns of Top Asian Indexes, KOSPI, Nikkei and Vietnam Lead Returns
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Commodity

Where Could Silver Find Its Bottom?

Where Could Silver Find Its Bottom?
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Fund Flows

The accompanying chart shows the top 5 sectors that witnessed FPI’s highest inflow and outflow in the latest quarter.

The accompanying chart shows the top 5 sectors that witnessed FPI’s highest inflow and outflow in the latest quarter.
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The chart below displays sectors that witnessed the highest and lowest change in the weightage of sectoral FPI holdings to the total FPI holdings compared to the previous fortnight.

The chart below displays sectors that witnessed the highest and lowest change in the weightage of sectoral FPI holdings to the total FPI holdings compared to the previous fortnight.
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The chart below presents the highest & lowest percentage inflow of investment in the latest fortnight compared to the previous period AUC (Asset Under Custody) of FPI.

The chart below presents the highest & lowest percentage inflow of investment in the latest fortnight compared to the previous period AUC (Asset Under Custody) of FPI.
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Opportunities

AstraZeneca Pharma Ignites Momentum as Breakout Sets the Stage for a New Rally

AstraZeneca Pharma Ignites Momentum as Breakout Sets the Stage for a New Rally
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Food for Thought

Visual Capitalist (@VisualCap) on X

Visual Capitalist (@VisualCap) on X
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Markets Pause After Four-Week Rally Amid Fed Cut and Global Cues
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