More Stories

Informist, Wednesday, Oct. 29, 2025                                      Tel +91 (22) 6985-4000

---

Equity Alert: Most Asian mkts up on trade-related optimism, Fed rate cut hope

 

MUMBAI--0805 IST--Most Asian stock markets tracked the gains in the US and rose Wednesday amid hopes of a US-China trade deal and on optimism about a rate cut by the US Federal Reserve later in the day. The MSCI Asia-Pacific index, excluding Japan, was up 0.6%. Equity markets in South Korea, Japan, and Taiwan reached their new all-time highs and were the top three gainers in Asia.

 

Japan's Nikkei 225 hit a fresh record high of 51301.55 points and was up 2% to become the top gainer amid optimism about trade ties between the country and the US. This came after US President Donald Trump and the newly elected Japanese Prime Minister Sanae Takaichi signed a new rare earths framework Tuesday. 

 

South Korea's Kospi was up 1.6%, supported by strong earnings and a bullish outlook from Nvidia chip supplier SK Hynix. Shares of Nvidia had closed sharply higher in the US after the company said it would build seven supercomputers for the US Department of Energy. Taiwan's Taiex was almost 1% higher, and China's CSI 300 up 0.3%. On the other hand, Australia's S&P/ASX 200 was down 0.7% and was the worst hit in the Asia-Pacific region. Hong Kong's Hang Seng index was 0.3% lower, snapping a three-day winning run. FTSE Singapore ended a six-day gaining run and was down 0.3%. 

 

Investors now wait for the US Federal Reserve's monetary policy outcome Wednesday and markets are likely to have priced in the possibility of a 25-basis-point rate cut. Along with the interest rate decision, markets will be watching whether the apex bank will halt its long-running effort to shrink its balance sheet, known as quantitative tightening, Reuters reported. 

 

Following were the levels of key Asian indices at 0805 IST:

 

Index	Level	Change in %
CSI 300 Index	4705.7217	0.28
Hang Seng Index	26346.14	(-)0.33
Nikkei 225 Day	51249.82	2.05
TOPIX FIRST SECTION	3286.68	0.03
KOSPI	4070.78	1.42
FTSE Singapore Strait Times	4435.43	(-)0.34
S&P/ASX 200 Index	8946.5	(-)0.73

 

(Anjana Therese Antony)

---

 

 

Equity Alert: Indices may consolidate further; US FOMC policy decision eyed

 

MUMBAI--0802 IST--Benchmark indices are likely to consolidate further Wednesday after strong gains so far in October and due to a lack of fresh triggers for further gains. Some choppiness is expected, as seen in Tuesday's session, and the Nifty 50's rise over the psychologically crucial 26000 level may not be a smooth one, technical analysts said. 

 

The sentiment, however, still remains positive as long as the 50-stock index stays above the 25650-25700 levels, despite a pause in the rally seen in the past couple of weeks, analysts said. The November contract of the GIFT Nifty indicated a flat to slightly higher start for the market. At 0757 IST, the contract was at 26165 points, up 39 points. On Tuesday, the Nifty 50 had ended at 25936.20 points, down 29.85 points or 0.1%. The BSE Sensex closed at 84628.16 points, down 150.68 points or 0.2%.

 

Overnight, indices in the US hit fresh highs, powered by a 5% surge in Nvidia after the company said it will build artificial intelligence supercomputers for the US energy department. Investors now await the decision of the US Federal Reserve's policy meeting due later in the day, with markets expecting a 25-basis-point interest rate cut. Meanwhile, Asian indices were mixed in early trade Wednesday. Japan's Nikkei 225 and South Korea's Kospi hit record highs in early trade.  (Akash Mandal)

---

Equity Alert: US mkt hits record high again Tue on trade optimism, earnings

 

MUMBAI--0741 IST--The US stock market hit fresh all-time closing highs for the second session in a row Tuesday amid optimism about a trade deal between the US and China and ahead of the earnings of major information technology players this week. There is hope that the US Federal Reserve will reduce key rates at the outcome of its two-day monetary policy meeting, due later in the day. 

 

Trade tensions between China and the US appear to have eased and the two countries are expected to sign a trade deal Thursday. "The market is seeing President Trump re-engaging with the rest of the world again (i.e., China and Japan), and this is a good thing, insofar as it may temper his desire for more tariffs," said Thierry Wizman, global FX and rates strategist at Macquarie Group, CNBC-TV18 reported. However, expensive valuations and shutdown of the US government remain key risks for a market that is at a record high, as per the news report. 

 

The tech-heavy Nasdaq Composite index was the top gainer among the three headline indices, while the S&P and Dow Jones Industries Average closed 0.2-0.3% higher. Earnings of Alphabet, Meta Platforms and Microsoft are scheduled to be released after US market hours Wednesday and Apple and Amazon will detail their results Thursday, CNBC-TV18 reported. 

 

All eyes will be on the US central bank as it is widely expected to cut interest rates by 25 basis points to 3.75-4.00%. Investors will closely watch for Chairperson Jerome Powell's comments about the future rate trajectory, economic strength, and inflation. 

 

Shares of Nvidia closed 5% higher after the company said it would build seven supercomputers for the US Department of Energy. The company has $500 billion in bookings for its artificial intelligence chips, it said. The stock added over $230 billion in market value, taking the company on the verge of becoming the first entity worth $5 trillion, Reuters reported.

 

Following are the closing levels of US indices Tuesday:

 

Index	Level	Change in %
S&P 500	6890.89	0.23
NASDAQ Composite	23827.493	0.8
Dow Jones Industrial Average	47706.37	0.34

 

(Anjana Therese Antony)

 

End

 

US$1 = INR 88.27

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Tanima Banerjee

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2025. All rights reserved.