Treasury secretary Scott Bessent said the agreement, forged on the sidelines of the ASEAN summit in Malaysia on Sunday, would remove the threat of the imposition of 100% tariffs on Chinese imports starting on 1 November and include “a final deal” on the sale of TikTok in the US.
US and China agree a framework for trade deal ahead of Xi-Trump meeting- Daily Market Update 27th Oct 2025
Overview and Outlook
Global Stock Market Today
- US equity markets settled higher in range 0.79% to 1.15%.
- European equity markets ended on a flat to positive note.
- Asian equity markets are trading in green.
- GIFT Nifty is up by 100 points, Nifty futures likely to open around 25950 levels.
Benchmark Nifty index ended on a slightly negative note at 25795 spot levels, down 96 points from its previous closing values.
Broader markets fell in line with the benchmark as Mid and Small cap indices fell 0.24% & 0.21% respectively.
Majority of sectoral indices, tracked at NSE, ended in red. Amongst them, Healthcare, FMCG and Private Bank index were the top losers, down around 0.75% each. On the flip side, Metal index was the top gainer, rose just over 1%.
Technically, Nifty index is just witnessing some profit taking from its 52 weeks highs. Going ahead, we reiterate our bullish view on Nifty index till it is holding above 25600 spot levels on closing basis and expect it to test 26300 spot levels in near term.
Derivatives Overview & Outlook
Last Friday, long unwinding was seen in Nifty and Midcapnifty futures with decrease in open interest by 5% and 5.5% respectively while no significant change was seen in Banknifty and Finnifty futures on open interest front.
Majority of F&O sectors settled on a negative note. Amongst them, Capital Goods, FMCG, Finance and Oil & Gas stocks witnessed maximum addition of short positions, whereas some long buildup was seen in Metal stocks.
On options front, call writing along with put addition was seen at multiple strikes. Maximum positions are at 25500 PE followed by 25000 PE and 26500 CE followed by 27000 CE.
Institutional Trading Activity
Last week, FIIs bought stocks worth Rs 1379 Cr in the cash segment, bought stocks futures worth Rs 10651 Cr and also bought index futures worth Rs 7074 Cr. DIIs too were net buyers in the cash segment to the tune of Rs 5945 Cr.
Nifty Futures, Banknifty Futures and Finnifty Futures Key Levels
Nifty – Resistances 25950-26120; Supports 25700-25600
Banknifty – Resistances 58000-58300; Supports 57400-57200
Finnifty – Resistances 27500-27600; Supports 27300-27200
F&O Security in Ban Today: SAIL & SAMMAANCAP.
Important Results Today: ADANIENSOL, BATAINDIA, IOC, KFINTECH, MAZDOCK, SUMICHEM, TATAINVEST.
Disclosure
Globe Capital Market Limited (“GCML”) is a Stock Broker registered with BSE, NSE, MCX, NCDEX, and MSEI in all the major segments viz. Capital, F & O and CDS segments. GCML is also a Depository Participant and registered with both the Depositories viz. CDSL and NSDL. Further, GCML is a SEBI registered Portfolio Manager and Research Analyst. GCML includes subsidiaries, group and associate companies, promoters, directors, employees and affiliates.
AY Securities and Commodities Limited, Globe Derivatives and Securities Limited & Globe Fincap Limited are subsidiaries of GCML. AtoZ Finstock Private Limited, A to Z Consultants Private Limited, A to Z Venture Capital Limited, M. Agarwal Stock Brokers Private Limited, A M Share Brokers Private Limited, Shri Adinath Advertising Company Pvt. Ltd., Orient Landbase Private Limited, Bolt Synthetic Private Limited, Price ponder Private Limited, Lakshya Impex Private Limited and Launchpad Fintech Private Limited are associates of GCML.
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