NewsMarketsNifty and Sensex Close in Green: Engineering Services Lead Gains, Energy Sector LagsNifty and Sensex Close in Green: Engineering Services Lead Gains, Energy Sector Lags
Indian stock markets ended positively on October 29, with Nifty 50 up 0.51% at 26,069.20 and Sensex gaining 0.48% to 85,037.08. Engineering Services sector led gains at 7.35%, while Energy sector declined 12.32%. Notable stocks included Wipro, Axis Bank, and Larsen & Toubro. Market breadth was positive with 2,634 advancing stocks out of 4,541 traded.
*this image is generated using AI for illustrative purposes only.
Market Overview
The Indian stock markets concluded on a positive note on October 29, 2025, with both the Nifty 50 and BSE Sensex registering gains. The Nifty 50 closed at 26,069.20, up 133.00 points or 0.51% from the previous close. Similarly, the BSE Sensex ended at 85,037.08, marking an increase of 408.92 points or 0.48%.
Sectoral Performance
The day saw a mixed performance across various sectors. Here's a breakdown of the top-performing and underperforming sectors:
| Top Performing Sectors | Avg. % Change |
|---|---|
| Engineering Services | 7.35 |
| Diamond, Gems & Jewellery | 2.39 |
| Cables | 2.05 |
| Transport | 1.70 |
| Top Losing Sectors | Avg. % Change |
|---|---|
| Energy | -12.32 |
| Commercial Services | -11.45 |
| Retail | -8.20 |
| Financial Services | -8.01 |
| Realty | -7.36 |
Buzzing Stocks
Several stocks made headlines during the trading session:
Wipro: The company allotted 42,156 equity shares through employee stock options on October 28, 2025.
Axis Bank: Executed a block trade of approximately 979,254 shares at Rs. 1240.20 per share, totaling Rs. 121.45 crores.
Eicher Motors: Completed a block trade of about 82,198 shares at Rs. 6,983.50 per share, amounting to Rs. 57.40 crores.
ICICI Group: Two significant block trades were executed:
- ICICI Prudential Life Insurance: Rs. 75.59 crores for 1,246,853 shares
- ICICI Bank: Rs. 110.84 crores for 812,137 shares
Mahindra & Mahindra Financial Services: Reported a 45% increase in net profit to Rs. 564 crore, with net interest income rising 14.6% to Rs. 2,279 crore.
Larsen & Toubro: Shares reached a 52-week high of Rs. 4,016.70, gaining around 1% ahead of Q2 results announcement. The company secured grid infrastructure orders in Saudi Arabia valued between Rs. 2,500-5,000 crore.
HDFC Bank: Allotted 1,29,94,998 equity shares to employees under its Employee Stock Options Schemes and Restricted Stock Units.
Market Breadth
The overall market breadth was positive, indicating a bullish sentiment among investors:
| Category | Number of Scrips |
|---|---|
| Total Traded | 4,541 |
| Positive | 2,634 |
| Negative | 1,907 |
Conclusion
The Indian stock market demonstrated resilience on October 29, 2025, with both benchmark indices closing in the green. The Engineering Services sector emerged as the top performer, while the Energy sector faced the most significant decline. The positive market breadth suggests an overall optimistic investor sentiment, despite mixed sectoral performances.
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