The Indian equity market maintained steady momentum today, with the Nifty 50 closing at 25,966 points, up 0.66%, holding firmly above its short-term moving average. The Sensex mirrored this move, rising 0.67%, while the BSE LargeCap and MidCap indices advanced 0.64% and 0.72% respectively, reflecting broad-based buying across segments.
The Jayesh Logistics Ltd IPO is now open for subscription:
Issue Price: ₹116 per share
Open: 27th October 2025
Close: 29th October 2025
Listing Date: 3rd November 2025
Estimated Market Return: +10%
China’s industrial firms reported a substantial rebound in profits in September 2025, with a 21.6% year-on-year rise, the fastest pace since November 2023. The increase follows a 20.4% gain in August and brings first nine-month profits up by 3.2%, compared with just 0.9% for the January–August period.
Airbus Chairman Rene Obermann has described India as a “strategic, long-term partner” for the company, expressing strong confidence in the country’s engineering talent, technological ambition and overall quality during remarks at the Berlin Global Dialogue.
GS on PTC Industries: Maintain Buy on Company, target price at Rs 24725/Sh (Positive)
JP Morgan on Coforge: Maintain Overweight on Company, raise target price at Rs 2500/Sh (Positive)
MS on Coforge: Maintain Overweight on Company, raise target price at Rs 2030/Sh (Positive)
Nuvama on Coforge: Maintain Buy on Company, raise target price at Rs 2250/Sh (Positive)
Market snapshot:
Derivatives revenue and active trader counts have declined materially after new rules; NSE chair says derivatives revenue down ~40–60% and active monthly traders fell to ~20–22 lakh from 30–40 lakh.
Gold: historic highs — spot and futures continue to rally; NBFC gold-loan AUM expected to expand 30–35% in FY26 (ICRA).
PHANTOMFX: Acquires UK-based VFX studio “Milk” for USD 1.63 mn
Acquires 100% stake in Milk Visual Effects Ltd, UK for USD 1.63 mn. Strengthens global presence in Europe and North America VFX markets. Enhances capabilities in film, TV post-production, and high-end VFX. Supports long-term expansion strategy with wider international footprint.
As discussed in the previous report dated 20th October 2025, market behaviour remained on expected lines during the week as the uptrend continued, taking Nifty to our projected level of 26,097 and making a weekly high of 26,104. However, it failed to sustain and slipped to a weekly low of 25,718.
1. FIIs’ net long position stands at 24.80%.
2. VIX is at 11.59 (-1.19%).
3. PCR is at 0.65.
4 FIIs bought 1,336 lots in index futures, bought Rs.621 cr in the cash segment, and sold Rs.703.10 cr in stock futures.
5. Open interest data:
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