Stock Market Today: Sensex Falls 467 Points, Nifty Closes at 25,722 as Midcaps and Smallcaps Slip

October 31, 2025 MTIMES 3 min read BSE, Indian Stock Market News, Midcap Stocks, Nifty, NSE, PSU banks, Sensex, Share Market Update, smallcap stocks, stock market highlights, Stock market today

The Indian stock market witnessed a weak close on Thursday, October 31, as benchmark indices slipped under selling pressure amid profit booking. The Sensex dropped 465.75 points or 0.55 percent to end at 83,938.71, while the Nifty declined 155.75 points or 0.60 percent to settle at 25,722.10. Despite an initial positive opening, the market failed to sustain gains and fell sharply during mid-session trading.

A long bearish candle formed on the daily chart, indicating profit booking after a strong upward rally in recent sessions. Market analysts noted that Nifty is now trading within a range of 26,100 to 25,700 levels and has settled near the lower end of this zone.

Stock Market Today: Key Indices End Lower Amid Profit Booking

The short-term trend for Nifty remains weak, although the broader market sentiment stays positive. Experts suggest that if Nifty falls below 25,700, it may find solid support near 25,500, which could trigger a rebound next week. On the upside, resistance is seen near 26,100.

By the closing bell, market breadth was negative, with 1,731 shares advancing, 2,240 declining, and 138 remaining unchanged. The day’s pattern suggests consolidation and short-term caution ahead of fresh triggers.

Stock Market Today: Sectoral Performance Mixed, PSU Banks Lead

Sectorally, PSU banks outperformed with a gain of 1.5 percent, driven by strong quarterly earnings and steady credit growth. In contrast, power, metal, and media indices shed 1 percent each. IT, private banks, and healthcare sectors also witnessed minor corrections of about 0.5 percent each.

Among the key Nifty performers, Bharat Electronics, Eicher Motors, Shriram Finance, L&T, and TCS were the top gainers. On the other hand, Cipla, Eternal, Max Healthcare, NTPC, and InterGlobe Aviation ended as the major losers.

Midcap and Smallcap Stocks Under Pressure

The broader market mirrored the weakness in benchmarks. The BSE Midcap index slipped 0.5 percent, while the Smallcap index declined 0.4 percent. Analysts believe the recent correction in mid and smallcap stocks is a healthy sign after their extended rally in previous weeks.

Despite near-term volatility, the overall outlook for the equity market remains constructive, supported by robust domestic fundamentals, stable earnings momentum, and strong retail participation.

Market Outlook Ahead

Market experts expect Nifty to remain range-bound in the short term, with volatility likely to persist ahead of global data releases and monthly derivatives expiry. The next key support levels are placed near 25,500 and 25,300, while resistance remains at 26,100. Traders are advised to adopt a stock-specific approach and avoid aggressive positions until clear directional cues emerge.

Disclaimer:
The information provided in this blog is for educational and informational purposes only. It does not constitute investment advice, a recommendation, or an offer to buy or sell any financial instruments. Stock market investments are subject to market risks. Past performance is not indicative of future results. Readers are advised to consult a qualified financial advisor before making any investment decisions. The author and publisher are not liable for any losses or damages arising from the use of this information.

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