Markets extend losses: Nifty cracks below 25,900, Sensex falls nearly 600 points; Dr Reddy’s down 4%

Markets today at open, October 30: Nifty, Sensex open lower as pharma stocks drag; monitor market movers and trading opportunities now.

Written by Sparsh Bansal

Updated: October 30, 2025 13:45 IST

Markets today at open, October 30: Dips to 25,990 are expected to find buying interest, said an analyst. (Image: Reuters)

Indian equity indices were trading Thursday’s session on a lower note, extending losses in the afternoon trade. The NSE Nifty 50 fell 170 points or 0.67% to trade at 25,880. The BSE Sensex traded 572 points or 0.66% lower at 84,435. The pharmaceutical stocks were under pressure, led by Dr Reddy’s Lab, which declined over 5%.

The Bank Nifty opened 110 points or 0.19% lower at 58,275. However, the small and midcap stocks opened the day on a flat note. The Nifty Midcap rose 41 points or 0.07% to open at 60,190.

“Yesterday’s momentum eased off on approaching recent peaks. Oscillators also appear reluctant. However, the presence of bullish continuation patterns encourages us to stay with the 26,186-26,250 view. Dips to 25,990 are expected to find buying interest. Downside marker may be placed near 25,886,” said Anand James, Chief Market Strategist at Geojit Investments.

Let’s take a look at the key factors to watch out for today’s trading session

Early gainers and laggards

In early trade, among the Nifty 50, top gainers at this hour were Larsen & Toubro, Wipro, Tata Motors passenger Vehicles, Adani Enterprises, and Nestle India. On the flip side, the key laggards in the Nifty 50 pack included Dr Reddy’s Lab, Bharti Airtel, Sun Pharma, HDFC Life Insurance, and ITC.

This article was first uploaded on October thirty, twenty twenty-five, at twenty-seven minutes past nine in the morning.