The Indian stock market saw a notable pullback on October 24, 2025, as the benchmark indices Sensex and Nifty closed lower, ending a six-day winning streak amid cautious investor sentiment. The BSE Sensex retreated by 344.52 points, or 0.41%, to end at 84,211.88, while the NSE Nifty50 fell 96.25 points, or 0.37%, closing at 25,795.15.
This decline came amid reports that the United States is considering a new investigation into China’s compliance with their 2020 trade agreement, which revived concerns over global trade tensions. Additionally, Indian Commerce Minister Piyush Goyal’s statement about not rushing into trade agreements with restrictive conditions tempered hopes of an imminent India-US trade pact, leading to profit booking by traders.
Among the sectoral movements, the Nifty Metal index was a bright spot, ending up 1.03%, followed by a modest gain in the Nifty Oil & Gas sector by 0.2%. However, heavily weighted sectors like FMCG and PSU Banks suffered declines of 0.75% and 0.74% respectively.
Key Sensex losers included Hindustan Unilever, Adani Ports, UltraTech Cement, and Titan, while top gainers were ICICI Bank, Bharti Airtel, Bharat Electronics (BEL), and Sun Pharma, reflecting a selective buying pattern amid the broader market weakness.
The broader markets also followed the downward trend with the Nifty Midcap 100 and Nifty Smallcap 100 indices both closing lower by around 0.2%.
In corporate news, shares of Utkarsh Small Finance Bank surged nearly 20% after allocating over 5.7 crore shares to an investment fund, while ITC Hotels posted a strong quarterly profit jump of 74%, although their shares slightly ceded ground following Q2 results.
Despite today’s dip, the market managed to extend its weekly gains for the fourth straight week, underscoring underlying resilience amid intermittent volatility.
Investors will be keenly awaiting upcoming US inflation data and further developments in trade agreements that are expected to influence market dynamics in the near term.