Stock markets fall for second day; Sensex drops 466 points on selling in private banking shares

Benchmark Sensex declined by nearly 466 points on Friday (October 31, 2025) in its second straight day of losses following selling in private banks and a weak trend in global markets.

The 30-share BSE Sensex tanked 465.75 points or 0.55% to settle at 83,938.71. During the day, it dropped 498.8 points or 0.59% to 83,905.66.

The 50-share NSE Nifty fell by 155.75 points or 0.60% to 25,722.10.

Foreign fund outflows, mixed corporate earnings and the lack of clarity on the U.S. Federal Reserve’s future rate action continued to hurt investor sentiment, analysts said.

From the Sensex firms, Eternal, NTPC, Kotak Mahindra Bank, ICICI Bank, Bajaj Finserv, Power Grid, Trent and HDFC Bank were among the major laggards.

However, Bharat Electronics, Larsen & Toubro, Tata Consultancy Services, ITC and State Bank of India were the gainers.

In Asian markets, South Korea’s Kospi and Japan’s Nikkei 225 index settled in positive territory, while Shanghai’s SSE Composite index and Hong Kong’s Hang Seng index ended lower.

Markets in Europe were trading in the red. U.S. markets ended in negative territory on Thursday (October 30, 2025).

Foreign Institutional Investors (FIIs) offloaded equities worth ₹3,077.59 crore on Thursday (October 30, 2025), according to exchange data. Domestic Institutional Investors (DIIs), however, were the buyers, as they bought equities worth ₹2,469.34 crore in the previous trade.

Global oil benchmark Brent crude declined 0.31% to $64.80 a barrel.

On Thursday (October 30, 2025), the Sensex tanked 592.67 points or 0.70% to settle at 84,404.46. The Nifty tumbled 176.05 points or 0.68% to 25,877.85.