On Wednesday, October 29, 2025, Indian equity markets closed higher for the third consecutive session, with the Sensex gaining 369 points (0.44%) to settle at 84,977 and the Nifty 50 advancing 118 points (0.45%) to close at 26,053, while Bank Nifty added roughly 100 points to end near 58,270. The rally was led by oil & gas and metal stocks, which surged over 2% and 1.7% respectively, driven by softening crude oil prices and strong commodity fundamentals, with top gainers including NTPC, PowerGrid, Adani Ports, and notably Graphite India and Indian Oil Corporation hitting 52-week highs. Auto stocks lagged as the only sectoral loser. Market sentiment remained buoyed by positive cues from US-India trade talks, healthy Q2 corporate earnings from Adani Group and Varun Beverages, and anticipation of the US Federal Reserve's widely expected 25-basis point rate cut. Technically, Nifty faced resistance at the 26,050-26,100 zone but held support above 25,800, suggesting the uptrend remains intact with a break above 26,100 potentially triggering further gains. The rupee traded stable at 88.22 per dollar, MCX gold closed at ₹1,19,610 per 10 grams, and MCX silver at ₹1,44,876 per kilogram, while Orkla India's IPO opened for subscription amid continued optimism in capital markets.