Nifty 50 closed at 25,973.60, up by 178.45 points (0.69%). Bank Nifty closed at 58,196.80, up by 497.20 points (0.86%). Sensex closed at 84,778.84, up by 566.96 points (0.67%).

BSE Midcap index added 0.7% and the smallcap index rose 0.5%. SBI Life Insurance, Bharti Airtel, Reliance Industries, SBI, and Eternal were among the top gainers on the Nifty, while losers were Bharat Electronics, Kotak Mahindra Bank, Infosys, Adani Ports, and Bajaj Finance. Except media, pharma, all other sectoral indices ended in the green with metal, PSU Bank, oil & gas, realty index up 1-2%.

US Markets

  • Dow Jones Futures zoomed by 276.00 points, up by 0.58%, currently trading at 47,672.00 as of October 27, 2025.

European Markets

  • FTSE (UK) decreased by 5.71 points, down by 0.059%, standing at 9,639.91.
  • CAC (France) decreased by 9.20 points,  down by 0.11%, at 8,216.46.
  • DAX (Germany) increased by 41.51 points, up by 0.17%, at 24,279.88.

Global events/updates:

Trump said the U.S. and China are close to a trade deal ahead of his talks with Xi. He also signed trade and mineral agreements with Malaysia and Cambodia, plus frameworks with Thailand and Vietnam. Malaysia agreed not to restrict mineral exports to the U.S., though experts note these deals emphasize cooperation over firm commitments.

The U.S. and China reached a preliminary trade framework to pause Trump’s planned 100% tariffs and China’s rare earth export controls. Treasury Secretary Scott Bessent said the talks eased tensions and may revive U.S. soybean sales. Both sides aim to finalize the deal during the Trump-Xi meeting at the APEC summit in South Korea.

European stocks opened slightly higher as investors await the U.S. Fed’s rate decision, corporate earnings, and potential easing of U.S.-China trade tensions. Novartis fell after a $12 billion deal, while Sydbank rose 6.4% on a merger plan. Markets expect a Fed rate cut, and traders are eyeing the upcoming Trump-Xi meeting at the APEC summit.

Foreign investor interest in Indian banks is rising, driven by strong economic growth and a supportive RBI. Deals like Blackstone’s stake in Federal Bank and RBL Bank’s tie-up with Emirates NBD highlight this trend. Experts say India’s robust economy, healthy banking system, and active Asia-Middle East investment corridors make it an attractive destination for global capital.

Gold prices fell as a stronger U.S. dollar and easing trade tensions reduced safe-haven demand. Spot gold dropped 0.7% to $4,082.77 per ounce after a record rally. Analysts see this as either a healthy correction or a sign of shifting sentiment, with focus now on the Fed’s upcoming rate decision and Powell’s policy outlook.

Also read: 1:1 Bonus and 1:2 Stock Split: Chemical stock in focus after board approves bonus and split

Stock news

Moneyboxx Finance Ltd (up 7%)

Moneyboxx Finance will hold a board meeting on October 30, 2025, to review quarterly results and consider a bonus issue proposal. The decision, subject to approvals, has driven investor optimism, lifting the stock 7% as markets anticipate positive financial performance and shareholder rewards.

Heritage Foods Ltd (up 3%)

Heritage Foods’ board approved acquiring a 51% stake in Peanutbutter and Jelly Pvt. Ltd. for ₹9 crore, expanding into healthy desserts like protein ice creams and vegan pops. The move supports diversification, with plans to buy an additional 20% stake post-March 2026.

Bharat Wire Ropes Ltd (20% upper circuit)

Bharat Wire Ropes surged 20% after enabling Lloyds Metals and Energy to purchase CCPS from lenders, marking key progress in financial restructuring. Lloyds acquired 14,569 unlisted CCPS, reinforcing strategic collaboration and balance sheet strength following the earlier ₹382.66 crore loan resolution plan.

SpiceJet Ltd (up 6.28%)

SpiceJet shares jumped after announcing a major winter expansion, doubling daily flights to 250 and tripling capacity by November 2025. New nonstop routes to Phuket from Delhi and Mumbai highlight its aggressive growth plans, driven by rising travel demand and fleet expansion.

MIC Electronics Ltd (up 7%)

MIC Electronics gained 7% after signing an MoU with Chipex Technologies to co-develop custom semiconductor solutions. The collaboration aligns with MIC’s product roadmap, enhancing its technological capabilities and positioning it strongly within India’s emerging semiconductor and electronics manufacturing ecosystem.

Hatsun Agro Product Ltd (up 19.85%)

Hatsun Agro soared nearly 20% after reporting a 70% YoY profit jump and announcing a 600% dividend. Revenue rose 17% YoY but dipped 7% QoQ, while profit fell 19% QoQ. Strong annual growth and high payouts boosted investor sentiment.

Sar Televenture Ltd (up 8%)

Sar Televenture jumped 8% after acquiring two companies—Blue Lotus Support Services for ₹450 crore and Whitefield Communication for ₹350 crore. The ₹800 crore deals expand its telecom infrastructure and broadband portfolio, promising synergies, improved service offerings, and stronger market presence.

Unimech Aerospace & Manufacturing Ltd (up 2.21%)

Unimech Aerospace rose after securing a ₹35 crore export order to supply Ground Support Equipment for the aerospace sector. The contract, with a 5–12 month delivery window, enhances its global presence and strengthens its manufacturing order book.

Knowledge Marine & Engineering Works Ltd (up 8.5%)

KMEW surged after receiving a ₹385.76 crore LoI from V.O. Chidambaranar Port Authority to build and operate India’s first 60-ton electric Green Tug. The 15-year project under GTTP supports sustainable port operations and aligns with the Maritime India Vision 2030.

Brokerage Recommendations

PVR INOX

  • Target Price:- Rs 1,440 apiece
  • Upside:- 22.25%
  • By ICICI Direct

Rossari Biotech

  • Target Price:- Rs 813 apiece
  • Upside:- 24.46%
  • By Deven Choksey

Zee Entertainment

  • Target Price:- Rs 131 apiece
  • Upside:- 27%
  • By Keynote Capitals Ltd

Ellenbarrie Industrial Gases Ltd

  • Target Price:- Rs 640 apiece
  • Upside:- 41%
  • By Motilal Oswal Financial Services

Top gainer/Top loser (Nifty 500):

Top gainers Top losers
Firstsource Solutions  (8.1%) Zen Technologies (-3%)
eClerx Services (7.9%) SBI Cards and Payment(-4%)
HBL Power Systems (7%) Cohance Lifesciences (-3%)
R R Kabel (6%) Gujarat Fluorochemicals (-3%)
Netweb Technologies (5.35%)  Wockhardt (-3%)

Conclusion:- Markets ended the day on a strong note, supported by global optimism over a potential U.S.–China trade deal and expectations of a Fed rate cut. Broad-based buying across sectors lifted indices, with IT and financial stocks leading gains. Positive corporate developments and strong Q2 results further boosted investor sentiment, signaling steady momentum ahead of key global events.

Written by Abhishek Singh

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The post Closing Bell: Firstsource Solutions, eClerx Services among top gainers as Nifty Closes at 25,973; Sensex jumps 566 Points appeared first on Trade Brains.