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Informist, Friday, Oct. 31, 2025

 

By Akash Mandal

 

MUMBAI – Benchmark indices may bounce back next week and the Nifty 50 may regain the 26000 level in the near term, analysts said. Some analysts even expect the 50-stock index to notch a fresh high next week as the Nifty 50's current levels are a good buying zone.

 

"The short-term trend of Nifty 50 is weak, but the overall medium-term trend of the market remains positive... any slide below 25700 levels, the market is expected to find strong support around 25500 levels and there is a higher possibility of sharp upside bounce from the lows by next week," Nagaraj Shetti, senior technical research analyst at HDFC Securities, said in a note. 

However, some analysts believe that the Nifty 50 closing below 25800 indicates weak sentiment in the near term. "In the short term, the trend is likely to remain weak with the potential to decline towards 25525 (for the Nifty 50)... on the higher end, resistance is placed at 25850, above which the trend may turn positive," Rupak De, senior technical analyst at LKP Securities, said in a note. The 25700-25600 will act as a support zone for the 50-stock index. 

 

The Nifty 50 ended at 25722.10 points, down 155.75 points or 0.6%. The index, however, sustained above the 25700 level, above which analysts had maintained their positive view on the market. The BSE Sensex closed at 83938.71 points, down 465.75 points or 0.6%. The 50-stock index is likely to move in a range of 25700-26300 next week, technical analysts said. 

 

On the earnings front, six Nifty 200 companies will report their quarterly earnings on Friday, with three of them — Titan Company, Tata Consumer Products, and Bharti Airtel — being Nifty 50 constituents. Titan is expected to report a 17% on-year jump in consolidated revenue and a 52% rise in net profit for the September quarter, driven by growth in domestic jewellery sales and a healthy double-digit on-year rise in sales of watches, eyewear, and other products.

 

Telecom major Bharti Airtel's consolidated bottom line for the September quarter is expected to rise 9% sequentially and 80% on year. Some other Nifty 50 majors, such as State Bank of India, Mahindra & Mahindra, Adani Ports and Special Economic Zone, Adani Enterprises, Sun Pharmaceutical Industries, Grasim Industries, Apollo Hospitals Enterprise, Trent, and Bajaj Auto, are also expected to report their September quarter earnings next week.  End

 

Edited by Saji George Titus

 

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