India’s benchmark Nifty 50 index fell 0.4% on October 28, 2025, ending a six-day winning streak. The decline was led by profit booking in heavyweight stocks like Adani Ports and UltraTech Cement. Despite sectoral resilience in PSU banks and media, broader market sentiment remained cautious.
After a strong upward run, Indian equities paused on October 28 as the Nifty 50 index declined by 0.4%, settling below the 25,900 mark. The pullback reflects investor caution amid high valuations and global uncertainty, with traders locking in gains from the recent rally.
Key Highlights:
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Index Movement: The Nifty 50 dropped 96.25 points to close at 25,795.15, while the Sensex shed over 300 points during the session.
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Sectoral Trends: PSU banks and media stocks gained around 1%, while the realty index slipped 0.6%, indicating mixed sentiment across sectors.
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Top Losers: Adani Ports, UltraTech Cement, and Apollo Hospitals were among the biggest drags, each falling between 1.5% and 2%.
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Active Stocks: HDFC Bank, SBI, and Bharti Airtel saw high trading volumes, reflecting continued investor interest in financials and telecom.
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Market Outlook: Analysts suggest the dip is a healthy correction, with eyes now on upcoming earnings and macroeconomic indicators for direction.
Sources: Moneycontrol, NSE India, Economic Times.