Trade Setup for Today: Global Cues and Key Events to Watch on October 29, 2025
GIFT Nifty up 0.17% at 26,169.50, indicating a positive start for Indian markets. US indices closed higher, with Dow Jones up 0.34%. Asian markets mixed: Nikkei surges 1.98%, Hang Seng down 0.33%. Crude oil slightly lower at $60.08. FIIs show strong buying trend with net purchase of ₹10,339.80 crore. Major block deal in Aditya Birla Capital, with 2.04% stake sold. Key companies including L&T and Coal India set to announce quarterly results.
*this image is generated using AI for illustrative purposes only.
GIFT Nifty Update
The GIFT Nifty is trading at 26,169.50, up 0.17% or 44 points from the previous close. This indicates a potentially positive start for the domestic indices.
US Markets
US markets closed on a positive note:
| Index | Closing Value | Change (%) |
|---|---|---|
| Dow Jones | 47,727.36 | +0.34% |
| NASDAQ | 24,164.50 | +0.32% |
| S&P 500 E-Mini Futures | 6,936.25 | +0.15% |
Asian Markets
Asian markets are showing mixed trends:
| Index | Current Value | Change (%) |
|---|---|---|
| Nikkei 225 | 51,212.90 | +1.98% |
| Hang Seng | 26,346.14 | -0.33% |
Commodity Trends
Key commodities are trading as follows:
| Commodity | Price (USD) | Change (%) |
|---|---|---|
| Crude Oil | 60.08 | -0.12% |
| Gold | 3,981.90 | -0.03% |
| Silver | 47.46 | +0.29% |
| Natural Gas | 3.26 | -2.69% |
Currency Updates
The USD/INR pair is trading at 88.18, down 0.002% from the previous close.
FII/DII Activity
Recent institutional activity shows:
| Investor Type | Date | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|---|
| FII | Oct 28, 2025 | 28,174.82 | 17,835.02 | +10,339.80 |
| DII | Oct 28, 2025 | 16,103.72 | 15,022.17 | +1,081.55 |
Block Deals
A significant block deal was reported in Aditya Birla Capital:
- Jomei Investments sold its entire 2.04% stake at ₹308 per share.
- The deal was worth ₹1,639 crore.
- Various buyers included HDFC Life Insurance, Norges Bank, and SBI Mutual Fund.
Key Corporate Events
Several companies are scheduled to announce their quarterly results today, including:
- Larsen & Toubro
- Coal India
- Varun Beverages
- Mahanagar Gas
- LIC Housing Finance
Conclusion
Markets are poised for a potentially positive start, supported by global cues and strong FII buying. Investors will closely watch the quarterly results and any further developments in the Aditya Birla Capital stake sale. The commodity and currency markets also warrant attention given their recent movements.
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