Markets experienced a muted start on Tuesday, with major indices trading lower due to renewed selling by foreign institutional investors (FIIs) amid mixed global cues.
The BSE Sensex opened at ₹84,000.64, slightly higher than its previous close of ₹83,978.49, but was trading at ₹83,807.57, down 170.92 points or 0.20 percent. Similarly, the Nifty 50 opened at 25,744.75 compared to its previous close of 25,763.35 and was at 25,701.80, a decline of 61.55 points or 0.24 percent as of 9:56 AM.
“FIIs’ renewed selling is constraining the rally in the market. Over the last four days, FIIs have sold equities worth ₹14,269 crores,” stated Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments Limited. He added that high valuations in India and subdued earnings growth are making FIIs focus on markets that are cheaper with better earnings potential.
On November 1, foreign institutional investors extended their selling streak, offloading equities worth ₹1,883 crore for the fourth consecutive session. Conversely, domestic institutional investors (DIIs) continued their buying momentum for the eighth straight session, purchasing over ₹3,500 crore in equities on the same day, providing essential support to the market.
Among the top gainers on the Nifty 50, Bharti Airtel led with a rise of 2.23 percent, trading at ₹2,120.20. Titan Company increased by 1.06 percent to ₹3,764.10, while HDFC Life Insurance rose 0.63 percent to ₹740.60. Additionally, Shriram Finance gained 0.54 percent to ₹800.75, and Adani Enterprises was up 0.42 percent at ₹2,477.40.
In contrast, Tata Consumer Products became the top loser, plunging 2.92 percent to ₹1,162.50. Power Grid Corporation fell 2.52 percent to ₹280.75, while Eicher Motors saw a drop of 1.52 percent to ₹317.70. Bajaj Auto declined by 1.34 percent to ₹8,803.00, and Tata Motors’ passenger vehicle segment slipped 1.04 percent to ₹412.65.
“The Nifty 50 continues to find firm support around 25,660, which remains a crucial pivot for the ongoing structure,” remarked Ponmudi R, CEO of Enrich Money. “A sustained close below this level could result in short-term weakness toward 25,500–25,400, whereas holding above 25,800 may enable a retest of 25,960–26,050.”
The Bank Nifty demonstrated relative strength, with analysts noting ongoing buying interest in public sector banks and select private lenders. “The Bank Nifty maintained its positive outlook, closing above 58,100, supported by consistent buying in public sector banks and select private lenders,” added Ponmudi. Immediate resistance levels are seen at 58,300–58,500.
Markets will be closed on Wednesday in observance of Guru Nanak Jayanti. Prashanth Tapse, Senior VP of Research at Mehta Equities, noted, “Nifty’s record peak of 26,277.35 may remain out of reach as investors exercise caution amid the Federal Reserve’s uncertain stance on a December rate cut, ongoing U.S.–India trade discussions, and muted Q2 earnings.”
Dr. Vijayakumar highlighted, “A significant trend is the resilience of the PSU banking sector, which remains attractively valued in a richly valued market. The outlook for this segment appears promising, especially ahead of the forthcoming merger of PSU banks.”
In individual stock movements, Vodafone Idea surged by 9.7 percent following clarity on Adjusted Gross Revenue dues. Key Q2 financial results are anticipated from SBI, Mahindra & Mahindra, Adani Ports, and IndiGo.
Published on November 4, 2025
