Share market: In Q3 of CY25, corporate transactions in the nation reached a six-quarter high, totaling USD 44.3 billion: PwC
The India Print November 04, 2025 01:27 PM

Share market: Due to a dearth of compelling local triggers and conflicting global indications, Indian benchmark indexes began Tuesday flat.

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The Nifty was down 14 points, or 0.05 percent, at 25,748 as of 9.25 am, while the Sensex was down 18 points, or 0.02 percent, at 83,718.

With the Nifty Midcap 100 down 0.08 percent and the Nifty Smallcap 100 down 0.12 percent, the broadcap indexes did as expected.

Tata Consumer, Maruti Suzuki, Apollo Hospitals, and Hindalco were among the Nifty Pack’s worst losses, while Titan Company, Cipla, and Trent were among the top winners.

All sector indexes were down, with the exception of Nifty Media, Nifty Oil and Gas, Consumer Durables, and Realty. FMCG and IT saw losses of 0.22 and 0.21 percent, respectively, while Nifty Auto was the biggest loser, down 0.48 percent.

In the foreseeable future, analysts anticipate that the FII strategy of selling in India during rallies and transferring funds to other markets will persist.

The market’s surge is being restrained by FIIs’ increased selling. They noted that this is a sign that they will keep selling during rallies.

But this is probably going to be a temporary problem. Market observers say that strong GDP growth and strong sales statistics, especially from cars, bode well for medium-term expectations.

Ahead of the Fed’s December policy meeting and in the lack of important data, especially from the Bureau of Labor Statistics, because of the federal government shutdown, US Federal Reserve officials continued to promote opposing views on the economy Monday.

Overnight, the US markets closed in the green zone, with the Dow down 0.48 percent, the S&P 500 up 0.17 percent, and the Nasdaq up 0.46 percent.

During the morning session, the majority of Asian markets were trading down. Japan’s Nikkei dropped 0.1%, Hong Kong’s Hang Seng Index increased 0.28 percent, while China’s Shanghai index fell 0.21 percent and Shenzhen lost 1.29 percent. The Kospi in South Korea fell 1.59%.

On Monday, domestic institutional investors (DIIs) were net purchasers of stocks for the seventh consecutive session, acquiring shares worth Rs 3,516 crore, while foreign institutional investors (FIIs) sold stocks worth Rs 1,883 crore.

Analysts predict that 25,850 will be the first point of resistance, followed by 25,900 and 26,000. Support levels are seen at 25,600 and 25,650 on the downside.

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