India’s benchmark Nifty 50 is poised to open higher, edging close to its all-time record high amid renewed earnings optimism, robust foreign investment resurgence, and prospects of an India-US trade deal easing tariffs. Market sentiment is buoyed by festive season demand and strong corporate earnings reports.
On October 23, 2025, India’s Nifty 50 index is expected to open robustly, inching towards its historic peak of 26,277.35 points. Early trading indicators, including Nifty futures up over 26,260 points, signal investor confidence fueled by a rebound in corporate earnings and a resurgence of foreign institutional investor (FII) inflows after a period of foreign selling.
The benchmark’s steady climb has been supported by strong quarterly earnings from major sectors such as banking and industrials, with key heavyweights like Reliance Industries driving upward momentum. Optimism is further bolstered by the anticipation of a potential India-US trade agreement expected to lower tariffs on Indian exports from 50% to around 15-16%, which could significantly boost trade volumes and economic growth.
The festive season demand outlook, combined with government policy support, has rekindled hopes for sustained earnings recovery in the second half of FY 2026. Technical indicators confirm a bullish bias, with the Nifty maintaining a pattern of higher highs and lows supported by increased liquidity and strong market breadth.
Notable Updates:
Nifty futures positioned above 26,260 points, signaling a gap-up opening.
Nifty and Sensex have gained approximately 3% in the last five trading sessions.
Strong earnings results from Reliance Industries and major banks are driving market optimism.
Foreign portfolio investors have pumped over Rs 7,300 crore into Indian equities recently.
Prospective India-US trade deal aims to reduce tariffs from 50% to 15-16%, enhancing export prospects.
Market breadth is positive with most sectors and stocks participating in the rally.
Technical analysis suggests key resistance near 26,300 points, with support at 25,700 points.
Major Takeaway:
India’s equity market is on a bullish trajectory, propelled by solid earnings performance, rejuvenated foreign investment, and improving trade relations. This positive momentum could push the Nifty 50 to new all-time highs, reflecting renewed investor confidence in India’s economic growth story.
Sources: Reuters, Economic Times, Moneycontrol, NSE India, Mint.