Published on 03/11/2025 07:29 AM
Stock market today: India’s benchmark equity indices — Sensex and Nifty — extended their losses for a second consecutive session on Friday, October 31. Nevertheless, both benchmarks posted their strongest monthly gains since March, marking a seven-month high.
The Sensex slipped 465.75 points, or 0.55 per cent, to close at 83,938.71, while the Nifty 50 declined 155.75 points, or 0.60 per cent, to settle at 25,722. The decline was largely attributed to cautious global cues and profit-booking amid mixed corporate earnings.
"Markets edged lower on Friday, extending their ongoing consolidation phase, as the Nifty declined over half a percent. After a flat start, the index attempted to move higher but faced consistent profit booking in heavyweight counters across sectors, dragging it lower as the session progressed. Eventually, it settled near the day’s low at 25,722.10. Sector-wise, all key indices ended in the red, with metals, financials, and pharma among the top laggards. The broader markets also traded in line with the benchmark, slipping nearly half a percent each.
The session remained subdued amid continued global caution following the U.S. Federal Reserve’s hawkish tone. Additionally, the lack of sustained FII inflows further dampened sentiment. Meanwhile, the Trump–Xi summit offered only a temporary truce in the U.S.–China trade dispute, failing to provide lasting comfort to investors and keeping macro uncertainty elevated," said Ajit Mishra – SVP, Research, Religare Broking Ltd.
Here’s a quick look at stocks likely to be in focus in today's trade.
Shares of Bharti Airtel, Titan, Power Grid, Tata Consumer will remain in focus today as companies will declare their Q2 results today.
BPCL posted a net profit of ₹6,442 crore for Q2 FY26, marking a 5 per cent sequential increase and meeting market expectations. Revenue declined 6.8 per cent quarter-on-quarter to ₹1.04 lakh crore, while EBITDA edged up 1.2 per cent to ₹9,778 crore, with margins improving to 9.3 per cent.
Shanti Ekambaram retired from the bank following the completion of her tenure as Deputy Managing Director on October 31.
Metals giant Vedanta posted a 59 per cent year-on-year decline in its consolidated net profit for Q2, coming in at ₹1,798 crore compared to ₹4,352 crore in the same period last year. The profit after tax (PAT) is attributable to the company’s shareholders.
The company has secured a Letter of Acceptance from the Rajasthan Council of School Education for a project valued at ₹32.43 crore.
Urban Company reported a larger loss of ₹59 crore in the second quarter of FY26, compared to ₹2 crore in the same period last year. Nevertheless, the company recorded a 37 per cent year-on-year increase in revenue from operations.
Central Depository Services (India) Limited (CDSL) announced its financial results for the quarter ended September 2025, reporting a 13.6% year-on-year decline in net profit to ₹140.21 crore, compared to ₹162.02 crore in the corresponding quarter last year.
The company announced that it has received a tax demand order of ₹1,986.25 crore from the Income Tax Department for FY2020–21, related to transfer pricing and depreciation claims.
The company posted a consolidated net profit of ₹77 crore for the quarter ended September 2025 (Q2FY26), marking a 60 per cent year-on-year drop from ₹194 crore in the corresponding period last year.
India’s largest automaker, Maruti, posted a 7 per cent year-on-year increase in net profit to ₹3,293 crore, up from ₹3,069 crore in the same quarter last fiscal.
Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Download the Mint app and read premium stories
Log in to our website to save your bookmarks. It'll just take a moment.