Stock Market Live Updates – October 29, 2025
The Indian stock market experiences an uptick today, with the Nifty index rising significantly amid a global rally and encouraging news regarding Foreign Direct Investment (FDI) in banking. Live updates from the market show the State Bank of India (SBI) and other financial sectors leading the growth.
Foreign Institutional Investors (FIIs) purchased ₹10,340 crore today, marking the second-highest inflow in 2025. Factors contributing to this surge include:
- A global rally in U.S. markets, coupled with anticipation for a potential Federal Reserve rate cut.
- Talks surrounding an increase in the FDI cap for Public Sector Undertaking (PSU) banks, which may rise to 49%.
- A strategic move towards undervalued sectors such as small-caps, infrastructure, and renewable energy.
- Short covering in Nifty futures and options.
- Strength in India’s growth narrative, backed by market reforms, FDI encouragement, and robust domestic capital inflows.
- Increasing probability of a trade agreement between India and the United States.
As a result, Nifty is trending toward its all-time high.
Key Market Highlights
Stock Focus: Several stocks are expected to be in the spotlight today, including 3i Infotech, RPower, BEML, and BPCL. Critical updates regarding these companies could significantly impact market sentiment.
IPO Activity: Orkla India, the parent company of MTR and Eastern, has raised ₹500 crore from anchor investors ahead of its ₹1,667 crore IPO, which opens today.
Market Instruments: An overhaul of mutual fund regulations has been proposed by the Securities and Exchange Board of India (SEBI) aimed at simplifying rules and reducing costs for investors, with public comments invited until November 17.
Commodity Insights: India’s gold reserves with the Reserve Bank of India (RBI) soared to 880 tonnes following an increase of 25.45 tonnes, although forex reserves have eased to $700 billion.
Global Context: The market is also responding to significant developments in global technology firms. Nvidia is nearing a $5 trillion valuation as it sees massive orders for AI chips exceeding $500 billion. Meanwhile, Apple has achieved a milestone market cap of $4 trillion, driven by soaring iPhone demand.
Trading Recommendations
Traders looking to capitalize on today’s market movements should consider critical support and resistance levels for the Nifty50. MRPL (currently priced at ₹152.90) is recommended as a buy, targeting ₹167 with advisories for strategic stop-loss and accumulation.
The market outlook remains optimistic as more retail investors participate in ongoing IPO opportunities, echoing growing trends witnessed in international markets.
For real-time updates, investors are encouraged to monitor the latest financial news and expert analyses throughout the trading day.
Published on October 29, 2025.
