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The Nifty 50 index dropped 0.5% on October 30, 2025, slipping below 25,950 amid weak global cues and sectoral losses, especially in pharma. Despite a U.S. Fed rate cut, investor caution prevailed due to hints of no further cuts and uncertainty over U.S.-China trade talks.
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India’s benchmark Nifty 50 index extended its losing streak on Thursday , falling 0.5% to trade below the 25,950 mark. The decline comes despite initial optimism following the U.S. Federal Reserve’s quarter-point rate cut, as investor sentiment turned cautious amid mixed global signals and sectoral drag.
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Key Market Movement: The Nifty 50 dipped over 130 points, while the Sensex shed more than 400 points in intraday trade, reflecting broad-based selling pressure.
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Sectoral Snapshot: Pharma and healthcare stocks led the decline, with notable cuts across the board. Meanwhile, IT and FMCG sectors showed relative resilience.
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Global Influence: Although the Fed’s rate cut was expected, Chair Jerome Powell’s indication that it might be the final cut of 2025 tempered enthusiasm. Additionally, uncertainty surrounding the upcoming Trump-Xi meeting on U.S.-China trade talks added to investor wariness.
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Investor Sentiment: The market’s cautious tone suggests traders are awaiting clearer signals from global developments before making directional bets.
As volatility persists, analysts advise a stock-specific approach and close monitoring of global cues.
Sources: The Economic Times, The Hindu BusinessLine
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