### Taking Stock: Indian Markets Close Lower Amid Profit Booking
The Indian equity benchmarks ended the session in negative territory on November 4, 2025, with broad-based selling pressure dragging the indices lower. The BSE Sensex settled 519 points down at 83,459.15, while the NSE Nifty 50 slipped 166 points to close below the psychological 25,600 mark at 25,597.65. Midcaps and smallcaps underperformed, with the BSE Midcap index falling 0.26% and the Smallcap index declining 0.69%, contributing to overall market weakness. Investors wiped out over ₹2 lakh crore in market value, pushing the total BSE market cap below ₹470 lakh crore.
#### Key Indices Performance
| Index | Closing Value | Point Change | % Change |
|--------------------|---------------|--------------|----------|
| BSE Sensex | 83,459.15 | -519 | -0.62% |
| NSE Nifty 50 | 25,597.65 | -166 | -0.64% |
| BSE Midcap | - | - | -0.26% |
| BSE Smallcap | - | - | -0.69% |
*Data sourced from market close on November 4, 2025.*
#### Reasons for the Decline
- **Profit Booking and Global Cues**: The fall was primarily driven by heavy profit booking amid a lack of fresh domestic triggers and subdued global sentiment. Major international markets tumbled, with Dow Jones futures down 1%, European indices (CAC 40, DAX, FTSE 100) crashing up to 2%, Korea's Kospi plunging over 2%, and Japan's Nikkei falling more than 1%—fueled by concerns over unsustainable valuations in AI and mega-tech stocks on Wall Street.
- **Weak Earnings and Sector Pressure**: Mixed Q2 earnings from mid-tier companies added to the caution, particularly in IT, metals, and power sectors, which saw outsized declines.
- **Holiday-Shortened Week**: Sentiment remained tepid ahead of a truncated trading week due to upcoming holidays.
#### Sector Snapshot
Most sectors ended in the red, with only Nifty Consumer Durables bucking the trend (up 0.39%). Here's a quick overview:
- **Biggest Losers**: Nifty Metal and IT (down >1% each); Nifty Auto (down ~1%); Nifty Bank and Financial Services (down up to 0.5%).
- **Resilient Pockets**: Consumer durables showed mild gains, supported by stocks like Titan.
#### Top Gainers and Losers in Nifty 50
- **Gainers** (only 8 stocks closed green): Titan Company (+1-2%), Bharti Airtel (+1-2%), Bajaj Finance (+1-2%).
- **Losers**: Power Grid Corporation (down up to 3%), Eternal (down up to 3%), Adani Enterprises (down up to 3%); other notable decliners included Tata Motors (Passenger Vehicles), Tata Steel, and Maruti Suzuki.
#### Broader Market Activity
- **Advance-Decline Ratio**: Out of 4,329 stocks traded on BSE, 1,622 advanced vs. 2,540 decliners (167 unchanged).
- **52-Week Extremes**: 145 stocks hit new highs (e.g., SBI, Bharti Airtel, Titan), while over 90 touched lows (e.g., KNR Constructions, Delta Corp).
- **High Volume Stocks**: Vodafone Idea (113.6 crore shares), Suzlon Energy (31.7 crore), YES Bank (13.95 crore).
#### Outlook
The Nifty's near-term bias remains weak below 25,700, with support at 25,550 and potential downside to 25,450–25,400. A break above 25,700 could trigger a rebound toward 25,800–25,875. Key levels to watch: Support at 25,480–25,440, resistance at 25,820–25,840. With global volatility lingering and Diwali muhurat trading around the corner, focus on earnings beats and any Fed signals for direction. If you're holding positions, consider trimming exposure in overvalued IT and metals while eyeing dips in defensives like FMCG or pharma. What's your take on tomorrow's open?
Indian equity indices ended lower on November 4 with Nifty finishing below 25,600 amid selling across the sectors barring telecom and consumer durables.
Amid mixed global cues, the Indian indices opened marginally higher but failed to build on the gains and traded lower for the rest part of the session, with Nifty hitting day's low at 25,592.65.
At close, the Sensex was down 519.34 points or 0.62 percent at 83,459.15, and the Nifty was down 165.70 points or 0.64 percent at 25,597.65. BSE midcap index fell 0.2% and smallcap index shed 0.7%.
Also Read: SBI Q2 net profit rises 10% YoY to Rs 20,160 crore
The market will remain shut on November 5 on account of Prakash Gurpurb Sri Guru Nanak Dev (Guru Nanak Jayanti).
Biggest Nifty losers were Power Grid Corp, Coal India, Tata Motors Passenger Vehicles, Bajaj Auto, Eternal, while gainers included Titan Company, Bharti Airtel, Bajaj Finance, HDFC Life, M&M.
Except consumer durable and telecom, all other sectoral indices ended in the red with IT, auto, FMCG, metal, power, realty, PSU indices down 0.5-1%.
Also Read: Adani Ports and SEZ Q2 net profit rises 29% YoY to Rs 3,120 crore; revenue up 30%
In stock-specific action, Bharti Airtel hits 52-week high on better Q2 earnings, Titan Company shares rose 2% on strong Q2 earnings, Power Grid Corporation of India share price declined 3% on weak Q2 results, Hero MotoCorp share price slipped over 4% after weak sales for October 2025, One MobiKwik shares slipped 5% as Q2 net loss widens to Rs 28.6 crore.
