India's equity markets closed lower on Friday, October 24th, 2025, with the Sensex declining 345 points to 84,211.88 (-0.41%) and Nifty50 falling to 25,795.15 (-0.37%), snapping a six-session winning streak amid profit-taking triggered by reports of a fresh US probe into China's trade compliance and Commerce Minister Piyush Goyal's cautious stance on India-US trade negotiations that dampened early pact hopes. Nifty Metal (+1.03%) and Oil & Gas (+0.2%) led sector gains, while FMCG (-0.75%) and PSU Banks (-0.74%) posted the steepest losses, with midcap and smallcap indices also closing in the red. Key gainers included ICICI Bank, Bharti Airtel, BEL, and Sun Pharma, while HUL, Adani Ports, UltraTech Cement, and Titan led losses; notably, Motilal Oswal Financial Services surged 17% in October to hit record highs, and Vodafone Idea reclaimed a ₹1 trillion market cap. The Indian Rupee closed near a two-month high at 87.84/USD, while commodities saw mixed action with gold slipping sharply but maintaining long-term strength, silver rebounding within a ₹47.80-50.50 range, and crude oil firming on fresh US sanctions against Russian producers; Orkla India's ₹1,667.54 crore IPO opens next week alongside three other new listings. Nifty faces near-term resistance at 25,850 with potential for a rally if levels hold, though short-term volatility is expected as traders digest mixed global cues and geopolitical tensions.