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Below the Quote on Weekly market outlook 17th October 2025 from Vinod Nair, Head of Research at Geojit Investments Limited

"Indian equities have ended the week decisively higher, with benchmark indices scaling fresh 52-week highs amid resilient domestic cues. The rally was underpinned by strength in consumption-driven sectors and a broad-based recovery across realty, healthcare, and banking. Investor confidence was further buoyed by easing concerns around asset quality in the financial sector and expectations of improved volume growth in the festive quarter.

 Gold prices surged to record levels as global uncertainties, including trade tensions and softening macro data, prompted a flight to safety. While IT stocks remained under pressure due to global discretionary spending concerns and mounting asset quality stress in the US banking system. Despite these external headwinds, the domestic market remained largely insulated, aided by a strengthening INR, improving liquidity conditions and domestic inflows.

Looking ahead, the trajectory of Indian equities will be shaped by the ongoing earnings season and policy signals from major global central banks. Market optimism was bolstered by clarity in India–US trade relations, with both sides tentatively agreeing to conclude the first phase of the deal by November.

Investors are expected to maintain a preference for high-quality names across consumption, banking, and real estate, with any market corrections likely to attract renewed buying interest. The week ahead will be a holiday-led truncated week on account of Diwali. Investors are likely to remain cautious in view of the release of key economic data, such as US inflation, employment, and India’s PMI figures."

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