Last Updated:
Indian benchmark indices, the BSE Sensex and NSE Nifty50, opened in the red on Thursday, tracking mixed cues from Asian markets.
Stock Market Today
Sensex Today: Indian benchmark indices, the BSE Sensex and NSE Nifty50, opened in the red on Thursday, tracking mixed cues from Asian markets.
The 30-share BSE Sensex was down 457 points, or 0.54 per cent, at 84,539, while the NSE Nifty50 slipped 145 points, or 0.56 per cent, to 25,908.
Overnight, the US Federal Reserve cut its benchmark funds rate by 25 basis points to 3.75–4 per cent. However, Fed Chair Jerome Powell cautioned that a December rate cut is “far from a foregone conclusion”, weighing on Wall Street sentiment.
In the broader market, the Nifty MidCap index traded flat, while the Nifty SmallCap index inched up 0.15 per cent.
Among sectoral indices, metals and pharma were the biggest drags.
Global Cues
Asian markets traded mixed on Thursday after Powell signaled uncertainty over another rate cut this year, saying a December move is “far from a foregone conclusion.” This came even as the Fed cut rates by 25 bps to 3.75%–4%.
Investors are also watching for updates from the upcoming Trump–Xi meeting — their first since Trump began his second term.
Japan’s Kospi gained 0.94%. Nikkei slipped 0.25%, Topix rose 0.33%, and Australia’s ASX 200 fell 0.2%.
On Wall Street, the Dow Jones dipped 0.2% after touching an all-time high intraday. The S&P 500 ended slightly lower, while the Nasdaq climbed 0.55% to a record 23,958.47, fuelled by Nvidia-led tech gains.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
October 30, 2025, 09:10 IST
Read More
