Markets are digesting Wall Street's fresh all-time highs alongside emerging optimism around US-China trade deal framework, which has injected risk appetite globally.
What's Different Today: Markets are digesting Wall Street's fresh all-time highs alongside emerging optimism around
Actionable Trigger: Watch for SEBI approvals on tech IPOs—Shadowfax received nod three months post-filing, while Meesho filed updated DRHP for IPO comprising ₹4,250 crore fresh issue and 17.56 crore shares OFS.
US-China Trade Deal Optimism: Wall Street hit record highs on Monday, with the S&P 500 closing above
Policy Tailwinds: Recent government measures—including MoUs with Kotak Mahindra Bank and Primus Partners,
Indian equity markets are set for a flat to marginally positive opening on Tuesday morning, with GIFT Nifty futures trading at 26,055.50, up 39.50 points (+0.15%), signaling continuation of Monday's bullish momentum. The previous session witnessed strong buying across sectors as the Nifty 50 surged 170.90 points (+0.66%) to close at 25,966.05, while the Sensex rallied 566.96
Key Watch Factors Today: Global cues from Asian markets (mixed start), crude oil stability near $62/barrel (Brent at $65.44), USD/INR pressure at 88.24 levels, and sectoral rotation post-Monday's outperformance in PSU Banks (+2.22%), Realty (+1.46%), and Metals (+1.16%).
India's technology sector recorded $1.48 billion in deals during Q3 2025, marking an 80-deal quarter (up 33% QoQ) with a strategic pivot from volume-led to value-driven, theme-focused investments, according to Grant Thornton Bharat. High-value transactions exceeding $50 million quadrupled in volume and increased fivefold in value compared to Q2 2025, reflecting robust investor appetite in AI, SaaS, and enterprise automation.
Startup Funding Momentum: Between October 20-25, Indian startups raised $312 million across three major deals, led by Uniphore's $260 million Series F round backed by NVIDIA, AMD, Snowflake, and Databricks. AI startup UnifyApps secured $50 million in Series B from WestBridge Capital, while sports-tech firm Michezo Sports raised $2.5 million. India Quotient closed its fifth fund at $129 million (₹1,132 crore), double the size of its previous fund, to back pre-seed and idea-stage startups across SaaS, fintech, D2C, and agritech sectors.
Semiconductor Revolution: India's semiconductor ecosystem is accelerating with 405+ startups securing $28 million in 2024 (up from $5 million in 2023), targeting a $150 billion market by 2030. The India Semiconductor Mission's ₹76,000 crore outlay and Design Linked Incentive (DLI) scheme are nurturing 50+ design houses, with Gujarat's Sanand OSAT pilot and Tamil Nadu's Micron ATMP facility operational by early 2025.
Reliance Industries and Meta Platforms officially launched their landmark joint venture, Reliance Enterprise Intelligence Limited (REIL), registered on October 24, 2025, with an initial investment of ₹855 crore (~$102.6 million). The 70:30 partnership (RIL majority) combines Meta's open-source Llama AI models with Reliance's enterprise ecosystem to deliver sovereign AI solutions to Indian businesses.
Announced by Mukesh Ambani at RIL's 48th AGM in August 2025, REIL aims to democratize enterprise-grade AI across organizations of all sizes—from SMEs to large corporates. Meta CEO Mark Zuckerberg emphasized the partnership's role in bringing open-source AI into real-world applications for Indian developers. The venture will develop, market, and distribute enterprise AI services leveraging Reliance's telecom networks, cloud infrastructure, and sector expertise.
Monday's Top Performers: SBI Life Insurance, Bharti Airtel (+3%), Reliance Industries, SBI (+2%), and Eternal led Nifty gains. Nifty PSU Bank surged 2.22%, Oil & Gas rose 1.52%, Realty advanced 1.46%, and Metals climbed 1.16%. BSE Midcap and Smallcap indices gained 0.7% and 0.5% respectively, indicating broad-based participation.
Laggards: Bharat Electronics, Kotak Mahindra Bank, Infosys, Adani Ports, and Bajaj Finance closed in the red. Pharma and Media sectors underperformed.
Stocks in Focus Today: Vodafone Idea, Adani Energy Solutions, KFin Technologies, Tata Chemicals, RVNL, IOC, Mazagon Dock, TVS Motor, M&M Financial Services, and Blue Dart are on watch amid Q2 results and corporate developments.
Actionable Watch Levels: Nifty's immediate support is placed at 25,700-25,900 zone, with resistance at 26,000, followed by 26,100 and the record high of 26,277. Bank Nifty futures trading at 58,263.40 show strength (+0.97%).
Nifty 50 index performance over the last 5 trading days, showing recovery momentum with 0.66% gain on October 27, 2025.
US-China Trade Deal Optimism: Wall Street hit record highs on Monday, with the S&P 500 closing above 6,800 for the first time at 6,875.16 (+1.23%), driven by hopes of a sweeping US-China trade framework. President Trump's Asia tour and negotiations with ASEAN partners have fueled optimism.
Asian Markets Pause: Japan's Nikkei 225 retreated 0.47% to 50,277 from its record high, while South Korea's Kospi led regional losses with a 1.4% decline as investors took profits ahead of corporate earnings and rate decisions.
Gold Posts First Weekly Decline in 10 Weeks: Spot gold traded near $4,083 per ounce, posting its first weekly decline in 10 weeks as easing US-China trade tensions curbed safe-haven demand. Gold is testing resistance at $4,065 with potential downside targets below $3,845.
Crude Oil Supported by Russia Sanctions: US crude traded near $62/barrel, with Brent at $65.44, supported by US sanctions on Russia and reduced Indian imports of Russian crude.
India's startup revolution has entered a more disciplined, sustainability-focused phase by October 2025, with over 1.9 lakh DPIIT-recognized startups active nationwide, creating 16.6 lakh jobs and transforming local economies. Despite global funding headwinds, India maintains its position as the third-largest startup hub globally after the US and China in both funding and unicorn numbers.
Funding Reality Check: During H1 2025, startups raised $4.8-5.7 billion, with total funding reaching $7.7 billion through Q3 2025. The narrative has shifted from mega-rounds to capital efficiency, with investors prioritizing AI, SaaS, enterprise automation, and profitable unit economics over vanity metrics.
Policy Tailwinds: Recent government measures—including MoUs with Kotak Mahindra Bank and Primus Partners, Credit Guarantee Scheme (CGSS) fee cuts, and a ₹10,000 crore expansion of the Fund of Funds for Startups—are democratizing access to capital and mentorship.
Geographic Dispersion: Innovation hubs are spreading beyond Bengaluru and Delhi-NCR into Tier-2 and Tier-3 cities, supported by digital infrastructure (India Stack, UPI, Aadhaar) and local entrepreneurship programs.
Actionable Takeaway: Investors should focus on startups demonstrating product-market fit evidence (retention cohorts, organic growth) and path to profitability (unit economics, operating leverage). The era of "growth at any cost" has been replaced by sustainable compounding.
"REIL embodies our ambition to democratize enterprise-grade AI. The power lies in combining Meta's open-source Llama AI models with Reliance's deep sector expertise and extensive digital infrastructure."
— Mukesh Ambani, Chairman & MD, Reliance Industries, at 48th RIL AGM, August 2025
This newsletter is for informational purposes only and does not constitute investment advice. Market data is sourced from multiple verified platforms and cross-validated as per our editorial standards. Investors should conduct independent research and consult financial advisors before making investment decisions. Oorjita FinAI Services is not liable for any investment decisions based on this content. Markets are subject to volatility and past performance does not guarantee future results.
This research is for information and education only and is not investment advice. Figures may be provisional. Oorjita.AI and its authors may hold positions in securities mentioned. Please consult a SEBI-registered investment adviser before making investment decisions. Published Tuesday, 28 October 2025, 8:03 AM IST.
All four layers aligned bearish. A/D = capitulation breadth.
Morning's Bear call was directionally validated, but the intraday recovery depth was underestimated. The market found its panic floor exactly where the morning brief mapped it — and then bounced.
Despite flat index performance, more stocks declined (1672) than advanced (1494), indicating weak internal market strength. This suggests the market move was concentrated in a few heavyweight stocks.
