Quote on Market 20th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited

Below the Quote on Market 20th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
"The Indian market extended its positive momentum, driven by better-than-expected Q2 results from major companies and festival optimism. Positive global cues further bolstered investor sentiment, with easing trade narratives between the US-China and rise in European market led by defense stocks. Additionally, improved FII inflows in the cash market turned the domestic market into a net buyer in October, following three consecutive months of selling. PSU banks and mid-sized financial services led the charge, benefiting from potential acquisitions and improvement in margins & asset quality as per Q2 results. The oil industry also experienced notable gains, thanks to declining crude prices and a strengthening Indian rupee."
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