India’s Stock Market Poised to Rally with Bank Profits and Trade Hope

India’s Stock Market Poised to Rally with Bank Profits and Trade Hope

October 20, 2025

Get ready for a buzzing Monday in India’s stock markets! The Nifty 50 is set to open higher, riding on a wave of good news. Early trading in Nifty futures at 7:56 a.m. IST shows a jump to 25,980.5 points, signaling an even better start than last Friday’s one-year high of 25,709.85 points. Why the buzz? Top private banks HDFC Bank and ICICI Bank just reported profits that beat expectations for the September quarter! Plus, their asset quality is looking better, making investors smile wide. However, it’s not all sunny for everyone. Reliance Industries missed profit estimates because its old oil-to-chemicals business took a hit. But don’t lose hope! The company’s revenue was actually better than expected. According to the brokerage firm Jefferies, “Revival in retail growth and rising visibility on low-teens consolidated EBITDA growth in FY26 should help (Reliance Industries) stock re-rate.” Sounds like a comeback story waiting to happen! Last week, the Nifty 50 closed at a one-year high, thanks to hope for a strong earnings bounce back and whispers about a possible rate cut in December. Foreign investors were in a buying mood too, snapping up shares worth about 3.09 billion Indian rupees ($35.14 million) on Friday. That makes it their sixth day of heavy buying in just nine sessions! The positive vibe isn’t limited to India alone – Asian markets, especially China and Hong Kong, are also climbing up after last week’s selloff. Why? Signs that the China-U.S. trade war could be cooling down has traders feeling upbeat. U.S. Treasury Secretary Scott Bessent said he expects to meet Chinese Vice Premier He Lifeng soon in Malaysia. Their chat might stop new U.S. tariffs on Chinese goods, which President Trump called "unsustainable." Hot Stocks to Watch: - Emirates NBD from the Middle East plans to buy a 60% stake in India’s RBL Bank for $3 billion – a huge deal! - UltraTech Cement reported a massive 75% jump in net profit and a 20% rise in revenue for the September quarter. Cement fans, take note! - Punjab National Bank posted higher profits and showed improved asset quality in the second quarter. So, buckle up! The start of the week in Indian markets looks spicy with strong bank earnings, big deals, and a hopeful global trade climate fueling this exciting growth story.

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Tags: India stock market, Nifty 50, Hdfc bank, Icici bank, Reliance industries, India economy,

Nancie Grisby

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