The 30-share BSE Sensex fell 297.96 points to 84,699.17 in early trade. The 50-share NSE Nifty fell 90.05 points to 25,963.85. , Photo Credit: ANI
Benchmark indices Sensex and Nifty declined in early trade on Thursday (October 30, 2025) as fresh foreign fund outflows and no clarity on the future course of rate action by the US Federal Reserve dampened investor sentiment.
The 30-share BSE Sensex fell 297.96 points to 84,699.17 in early trade. The 50-share NSE Nifty fell 90.05 points to 25,963.85.
Among the Sensex companies, Sun Pharma, Bharti Airtel, Power Grid, ITC, Tata Steel and Asian Paints were the major laggards.
However, Larsen & Toubro, Eternal, Adani Ports and Maruti were among the gainers.
According to exchange data, foreign institutional investors (FIIs) sold equities worth ₹2,540.16 crore on Wednesday.
“…FIIs turned net sellers in yesterday’s otherwise positive session. Wall Street’s overnight halt added to the cautious tone, with the Dow slipping briefly after crossing 48,000, while Fed Chairman Jerome Powell’s comments further dampened expectations of a December rate cut,” said Prashant Tapase, Senior Vice President (Research), Mehta Ltd.
In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index were trading in positive territory.
On Wednesday, American markets closed on a mixed note.
“The decision by the Fed to cut rates by 25 bps came as expected and hence, did not impact the market even though there is no clarity on the future course of rate action. The market will now focus more on the outcome of the Trump-Xi summit in South Korea,” said VK Vijayakumar, chief investment strategist at Geojit Investments Ltd.
Global oil benchmark Brent crude fell 0.22% to $64.78 a barrel.
“The US Federal Reserve has cut rates by a widely expected 25 basis points. While the move confirmed the Fed’s dovish stance, Chairman Jerome Powell’s cautious comment that “further cuts in 2025 are not guaranteed” has dented global optimism,” said Ponmudi R, CEO of online trading and wealth tech firm Enrich Money.
On Wednesday, the 30-share BSE Sensex closed 368.97 points or 0.44% higher at 84,997.13. Nifty rose 117.70 points or 0.45% to 26,053.90.
published – October 30, 2025 10:43 am IST
