Sensex, Nifty flat; metals up, banks soft, volatility steady | 29 Oct 2025
Sensex and Nifty traded flat early October 29, ahead of Fed’s much-awaited rate decision. Resilience in metals and PSU banks provided sectoral support, while tech recovered slightly and banks saw mild profit booking. Volatility remains elevated.
Sensex, Nifty Flat; Metals Up, Banks Soft, Volatility Steady | 29 October 2025, 9:43 AM IST
Indian markets saw a muted opening on October 29 as Sensex gained 23.53 points to 84,651.69 and Nifty rose 28.15 points to 25,964.35. Nifty IT was up slightly, but banking stocks and midcaps remained soft as traders position ahead of the US Fed rate decision and expiry. Metal and PSU banks led sectoral resilience, while volatility (India VIX) edged up to 12.03, signaling a steady but cautious market setup.
Snapshot – 9:43 AM IST, 29 October 2025
| Index | Price | Change | % Chg |
|---|---|---|---|
| SENSEX | 84,651.69 | 23.53 | 0.03 |
| NIFTY 50 | 25,964.35 | 28.15 | 0.11 |
| NIFTY BANK | 58,100.15 | -113.95 | -0.20 |
| NIFTY IT | 35,881.70 | 21.30 | 0.06 |
| India VIX | 12.03 | 0.08 | 0.67 |
| NIFTY Midcap 100 | 59,760.35 | -5.00 | -0.01 |
| NIFTY Smallcap 100 | 18,366.30 | -41.30 | -0.22 |
Latest News & Trends
- Markets trade flat ahead of US Fed’s rate decision; metals, PSU banks, and oil & gas outperform.
- Sector rotation in play: Investors reposition from financials and consumer to metals and defensives.
- Key earnings reports today from L&T , Coal India , BHEL , HPCL , and SAIL .
- FIIs remain net buyers, DII flows steady after record FPI inflow yesterday; India VIX remains elevated, caution advised.
- Sector watch: Tech and midcaps bounce after recent weakness, but banking remains soft on profit booking.
Predictions & Watch Outs
- Nifty faces resistance at 26,040, support at 25,900–25,850; expect swings on Fed outcome and earnings.
- Metals, PSU banks, oil & gas, select tech stocks may outperform short term; avoid aggressive financial bets till Fed signals clear.
- Trade strategy: Stay defensive, capitalize on sector rotation, monitor VIX for volatility breakouts.
