Quote on Market 31th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
Below the Quote on Market 31th October 2025 by Vinod Nair, Head of Research, Geojit Investments Limited
"Indian equities ended decisively lower after a volatile session, as investors booked profits amid mixed corporate earnings and cautious global sentiment in the backdrop of a strong greenback. Most sectors closed in the red, pressured by renewed FII selling which have turned cautious after Powell’s hawkish statement and US-China trade development did not meet expectations. However, PSU banks outperformed on expectations of increased FDI limits and better Q2 results. After a strong rally, the markets are on a profit booking mode as a large part of the economic developments are factored in. Buy on dips is expected to stay as a trading strategy as optimism remain solid on a QoQ basis."
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