Market's Diwali Boost
The stock market experienced a surge during the Diwali period, with the Sensex gaining 63 points and the Nifty surpassing 25,850. Overall market sentiment
was positive, reflecting the festive season. The GIFT Nifty also showed strength, jumping 340 points ahead of market opening. Multiple factors contributed to this positive trend. These include robust online festive sales, which increased by 24%, with the Gross Merchandise Value (GMV) rising by 23%. Additionally, the housing sentiment index rebounded to 142, indicating increased buyer confidence. The trend continued, with the Sensex opening 700 points up, and the Nifty crossed 26,000. FPIs also infused Rs 7,300 crore into Indian equities in October.
IPO Performances Examined
Several recent IPOs demonstrated positive performances. The Canara Robeco AMC IPO listed at a 5% premium. Midwest IPO saw its GMP fall. Another IPO received a 92.36x subscription on Day 3. Rubicon Research IPO listed at a 27.8% premium. There was also news on the Tata Capital IPO listing price prediction. Furthermore, nine IPOs turned into multibaggers since the last Samvat, delivering over 300% gains in some cases. The performances of these IPOs reflect investor interest and market confidence.
Economic Indicators Discussed
Multiple economic indicators provided positive signals. GST cut benefits were reaching consumers. The GST Annual Return filing for FY25 was enabled. Furthermore, India’s F&B sector was poised for a Rs 9,000 crore IPO boom. Housing prices in Delhi-NCR jumped 24% in July-September 2025. The RBI sold $7.7 billion in August to curb Rupee volatility. The housing market was active, with property sales in the top-8 cities reaching 95,547 units during Q3 2025, although showing a 1% fall, its value jumped 14%. The festive season also boosted online orders, highlighting consumer spending.
Sector Specific News
Certain sectors showed notable activity. Infosys, TCS, HCL Tech, and Tech Mahindra saw their stocks jump by up to 4%. Coca-Cola was considering a $1-billion IPO of its Indian bottling unit. Reports indicated the potential for further growth in the F&B sector, with an expected IPO boom. Commercial leasing was expanding to Tier-2 cities, moving beyond the metros. The IT sector also showed signs of growth and recovery, influencing overall market performance.
Other Market Insights
Several analysts shared insights regarding the market. Experts were asked where investors would profit in Samvat 2082. Reports predicted that gold rates would fall after Diwali, while HSBC made a big prediction regarding this. Experts also shared stock picks. Additionally, there were discussions around tax implications, including the tax on gold and silver gains. Suggestions were offered on how to save taxes and navigate tax planning for returning NRIs.
Focus on Gold, Silver
The prices of precious metals were in focus. Gold rates fell below Rs 1,28,000, and later below Rs 1,26,000. Silver hit a record high. Additionally, there were discussions around the future outlook for these commodities. The price movements highlighted both opportunities and risks in the precious metals market, with reports suggesting potential future price declines.
Payment Updates Revealed
UPI transactions saw a record in October, jumping 13% amidst Diwali sales. Furthermore, there was news regarding the unveiling of AI-powered UPI Help by NPCI to resolve digital payment queries. Also, an announcement was made about UPI's 'Pay With Mutual Fund' feature. The developments in digital payments show the evolution of India's financial infrastructure and its adaptation to new technologies and consumer behavior.
