Perspective on Evening Markets 03rd November 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
Below the Perspective on Evening Markets 03rd November 2025 by Mr. Vikram Kasat, Head - Advisory, PL Capital
"Stock Market Recap: Nifty Holds Steady; PSU Banks, Realty Stocks Lift Sentiment
The Indian market ended Monday’s session on a steady note, managing to halt a two-day losing streak. A balanced tone prevailed as gains in PSU banks and realty counters offset mild profit booking in FMCG and IT stocks. Broader indices outperformed, hinting at selective buying interest across mid and smallcap segments.
Key Highlights:
* Indices steady: Nifty 50 closed at 25,763, while Sensex finished flat amid cautious trading.
* Banking strength: PSU banks led the recovery with a 0.56% rise in the Bank Nifty, supported by strong earnings and improved loan growth outlook.
* Sector snapshot: Realty, telecom, pharma, and PSU bank indices advanced up to 2%; FMCG and IT saw marginal declines.
* Mid & smallcaps outperform: BSE Midcap gained 0.6% and Smallcap added 0.7%, reflecting sustained retail participation.
* Top movers: Gainers included Shriram Finance, M&M, Apollo Hospitals, SBI, and Tata Consumer; laggards were Maruti Suzuki, ITC, TCS, BEL, and L&T.
Outlook: Markets are expected to trade range-bound in the near term, with investors eyeing corporate earnings and global cues for direction."
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Indian stock markets end lower amid weak global cues
