Daily Market Commentary : Market upbeat as U.S. President signals progress in India trade talks Says Mr. Siddhartha Khemka, Motilal Oswal
Below the Daily Market Commentary for 07th November 2025 By Siddhartha Khemka - Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd
Indian Equity markets opened lower, but later recovered from intra-day lows on the back of buying interest in financials and Banks. Market sentiments improved after U.S. President indicated that trade talks with India were progressing well. Nifty recovered over 200 points from intraday low to end the day flat with a marginal loss of just 11 points at 25492. Nifty mid-cap 100 index outperformed with a gains of 0.6% while Nifty small cap 100 declined 0.2%. Among sectors, metals led the recovery, with the Nifty Metal index rising 1.4%, followed by PSU banks, up 0.9%. Nifty IT and FMCG closed with losses of 0.6% and 0.5% respectively.
Capital market stocks witnessed strong buying interest after SEBI chairman stated that weekly options expiry will not be abruptly shut down, which provided relief to market participants that had been under pressure from concerns over tightening derivatives segment. The primary market too witnessed good interest with the Rs 6,600 crore offering from Billionbrains Garage Ventures (Groww) getting more than 15x oversubscription from investors.
Next week, we expect markets to remain range-bound tracking mixed global cues, while optimism around better than expected corporate earnings and any progress in India–U.S. trade talks could provide upside support
Above views are of the author and not of the website kindly read disclaimer
