The Indian equity market traded in the red graph on October 30, 2025. The 25 bps rate easing by the US Federal Reserve has not gone down well with Fed officials signaling a potential pause and keeping investors on edge.
Consequently, as trading resumed post the rate cut announcement, the BSE Sensex fell behind 0.70 percent or 592.67 points to close at 84,404.46. The Nifty 50 index for the National Stock Exchange 50 fell 0.68 percent to 25,877.85 or 176.05 points.
Foreign institutional investors turned net sellers yesterday with ₹2,540 crores, reflecting weakness as their counterparts did not step up to the plate. The pharma, IT, and financial services indices suffered the most, while the realty and select public sector unit stocks provided some mild support.
🏦 Sectoral Performance: Realty Shines, Pharma and Financials Drag
The Nifty Realty index was the top percentage gainer in the sector. The Nifty Healthcare index was the top sectoral loser, slipping around 0.8% due to sharp losses in Dr. Reddy’s Laboratories and Cipla.
The Nifty Financial Services and IT indices also lost nearly 1% each, dented by profit booking and weaker second-quarter earnings.
On the other ledger, realty stocks gained modestly amid a better outlook for property demand. Select PSU, as well as infrastructure stocks like Coal India, BEL, and L&T, underpinned the market with mild gains.
🔺 Top 10 Large-Cap Gainers: Coal India, L&T, Hindalco Lead
Despite the negative ticks, multiple large-cap warriors shut shop in the green.
Stock % Gain Coal India +1.58% Larsen & Toubro +0.79% Hindalco Industries +0.79% Bharat Electronics +0.74% Nestlé India +0.55% UltraTech Cement +1.6% Maruti Suzuki +1.2% Adani Ports & SEZ ~+1.1% Coal India rallied on vigorous production trends and continued electricity demand, while L&T gained on the back of new infrastructure contracts. Hindalco was buoyed by optimistic metal industry developments.
🔻 Top 10 Large-Cap Losers: Dr. Reddy’s, Cipla Under Pressure
Among the top-weight losers shortlisted below, the majority were pharma and financial stocks.
Stock % Loss Dr. Reddy’s Laboratories -3.79% Cipla -2.54% HDFC Life -2.01% InterGlobe Aviation -1.68% Bharti Airtel -1.50% Dr. Reddy’s fell up to 6% earlier in the session to hit a five-month low after a regulatory scare cropped up. This dragged Cipla and HDFC Life to push back intra-day decline records. Additionally, stocks like Tech Mahindra and Infosys came under selling demand after the previous day’s gains.
📈 Mid-Cap Movers: PB Fintech and BHEL Steal the Show
Select outperformers pushed the mid-cap index higher as the overall segment was trading marginally in the negative.
Stock % Change PB Fintech Policybazaar 7% BHEL 7% Aditya Birla Capital 5% NLC India 4% Oil India 3% Hitachi Energy India 3% Max Financial Services 2% PB Fintech stock jumped nearly 7% as the mid-cap fintech sector saw strengthened investor buying interest, and the revelation of Q2 FY26 numbers was robust. BHEL spiked due to a surge in order inflows and Aditya Birla Capital stock continued to rally after the organization announced fund-raising schemes.
📉 Mid-Cap Losers: Vodafone Idea Plunges Over 6%
Mid-cap category financial and telecom stocks saw a significant unloading by investors on Monday.
Stock % Change Vodafone Idea -6% IDBI Bank -4% LIC Housing Finance -4% Indus Towers -3% Coromandel International -4% SBI Cards -3% Bharti Hexacom -3% Vodafone Idea share price, on the other hand, was the largest mid-cap loser on the market amid fears of a drop in fundraising and consumer exit. IDBI Bank and LIC Housing Finance shares also declined as a result of a disappointing quarterly performance and FII purchase.
💹 Small-Cap Highlights: Sagility and CreditAccess Grameen Shine
Mixed patterns emerged from the small-cap category, with certain high-beat shares revealing increased money.
Stock % Change Sagility Poonawalla Fincorp 8% CreditAccess Grameen 5% Five-Star Business Finance 5% Neuland Laboratories 5% Increase IIFL Finance 4% Meanwhile, losers were: India Energy Exchange, Newgen Software, Amber Enterprises, and Chambal Fertilisers.
🌍 Global and IPO News: Fed Move and New Listings in Focus
All talk on social media and forums was about the Federal Reserve’s rate call and the implications on global liquidity. Traders said the positive Fed kept a cap on rally attempts due to the cautious corporate sentiment.
At the same time, discussions over IPOs remained heightened. The Lenskart IPO opened on the 31st, with applications worth over 6 billion dollars received on the last day, while Reliance Jio’s IPO process remained hot on financial news platforms.
💬 Market Sentiment: “#Nifty Below 26000” Trends Online
Social media was also about the alert market sentiment. Subdued hashtags like #NiftyBelow26000 and #StockMarketToday emerged as investors reformed ideas about selling the index bounce back.
Several traders on X discussed on how sharply Dr. Reddy’s and Vodafone Idea had dropped, different from LinkedIn and Telegram forums, where analysts argued mid-cap PSU names held, given the global volatility.
🧭 Analyst View: What’s in Store for November 2025?
Traders said that the next few sessions could remain sideways till more clarity emerges on global rates and FII inflow.
Focus right now should be on quality PSU, infrastructure, and consumer staples stocks, which seem relatively strong. Seasoned analysts on various platform also admitted that earnings and IPO events could invigorate short-term volatility.
They also advised a stock-specific approach rather than but on momentum.
📌 Key Takeaways
- Sensex –0.70%, Nifty –0.68%; both indices ended lower.
- Top large-cap gainers: Coal India, L&T, Hindalco, BEL.
- Top large-cap losers: Dr. Reddy’s, Cipla, HDFC Life.
- Mid-cap leaders: PB Fintech, BHEL, Aditya Birla Luvs.
- Small-cap movers: Sagility, CreditAccess, Froth Star.
- FIIs were net sellers; Market sentiment cautious after Fed moved; upcoming IPOs likely to shift investors’ attention.