Quote on Weekly Market Outlook 24th October 2025 from Vinod Nair, Head of Research at Geojit Investments Limited
Below the Quote on Weekly Market Outlook 24th October 2025 from Vinod Nair, Head of Research at Geojit Investments Limited
"The week welcomed the Samvat 2082 with festive-driven optimism and upbeat consumer sentiment. However, the momentum gradually lost its steam, as geopolitical tensions and profit-taking weighed on investor confidence. Record festive sales underscored India’s surge in consumer demand this season, powered by resilient household spending and GST-driven affordability. PSU banking stocks led the rally, buoyed by news of potential consolidation and better-than-expected results.
Meanwhile, the precious metals market faced extreme volatility, suffering its sharpest single day fall in over a decade, driven by profit booking and a strengthening USD. Crude oil prices surged sharply following fresh sanctions from the US and EU on Russian oil majors, sparking heightened fears of tightening global supply and renewed inflation concerns. This could negatively impact India, as elevated crude prices may widen the fiscal deficit and strain the import bill.
Investors remain watchful of developments in the India-US trade negotiations, as both sides edge closer to finalizing a deal. Global market sentiment will largely hinge on key interest rate decisions from the FED & ECB by next week, which are expected to influence market direction in the near term."
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