Nifty 50 Registers Mild Decline as CarTrade, Newgen Lead Gainers on October 28, 2025

The Indian equity market closed a subdued session on October 28, 2025, with the Nifty 50 index posting a modest decline. While the broader indices remained under pressure, select stocks witnessed robust upward momentum, balancing sharp corrections in others.

Also Read: October 28, 2025 (Mid-cap): Nifty 50 Edges Lower; TTK Prestige, CarTrade Among Top Gainers

Market Overview

Nifty 50 ended the day at 25,936.20, down by 29.85 points or 0.11%. The index opened at 25,939.95, hit an intraday high of 26,041.70, and slipped to a low of 25,810.05. Most segmental indices followed a similar pattern, with the Nifty Bank standing out by gaining 99.85 points (0.17%) signifying some sectoral resilience.​

Top Gainers

Highlighting the day’s positive momentum, several counters outperformed the market:

• CARTRADE emerged as the leading gainer, surging 15.67% to an LTP of ₹3,083.00 on notable volumes of 54.07 lakh shares and a remarkable traded value of ₹1,615.55 crores.​

• UTKAR-RE moved up 11.14% to ₹3.79, supported by heavy trading activity.

• DAVANGERE rose 10.79%, closing at ₹3.80, while NEWGEN soared over 10% to ₹990.00, with substantial market interest reflected in a traded value of ₹942.48 crores.

• SAKUMA was up by just under 10%, finishing at ₹2.98 with healthy volumes.​

Top Losers

The market also recorded steep declines in several stocks:

• DELPH-RE faced the largest loss, dropping 40.00% to ₹18.45 on low trading volumes.​

• LYPSAGEMS closed down 8.55% at ₹5.03, followed by MANAKCOAT and NURECA, which declined by 8.24% and 7.83% respectively.

• EPACKPEB lost 7.45%, ending at ₹251.77 amid significant activity and a notable traded value of ₹594.52 crores.​

Sectoral and Investor Sentiment

Sluggish performance in the Nifty and most sectoral indices was offset by standout stocks, where high volumes indicated decisive investor action. The mixed trend underscores persistent caution due to global cues and periodic earnings reports. Financial and mid-cap names received selective buying, contrasting with aggressive profit-booking in weaker counters.

Conclusion

Despite a generally downbeat day for Indian equities, leading gainers like CarTrade and Newgen drew strong interest, helping to mitigate sharp declines elsewhere. The session reflected a nuanced investor approach as market participants balanced opportunity with caution amid steady volatility.