Motilal Oswal Global Dashboard – October 2025

The Motilal Oswal Global Market Snapshot provides a quick glance at index performances and economy updates from the Indian & global markets.

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Indian Market Update

• All segments of the market—large, mid, small and microcaps—delivered positive returns in October 2025.

• All sectors delivered positive returns and Realty (+9.2%) led the gains on the back of sustained housing demand. IT index gained 6% but remains down over 11% YoY, as global tech spending recovery stays uncertain.

• Value factor (+6.6%) outperformed other factors in the month of October.

• Financial Services, Energy & IT were the major contributors to the overall returns of the Nifty 500 index.

Global Market Update

• S&P 500 rose 2.3% in October, with IT contributing more than 90% to the overall returns.
• Emerging markets were led by Korea (+22.7%) and Taiwan (+9.8%) on tech strength. Among developed markets, Japan (+3.4%) and the UK (+1.5%) gained modestly, contrasting Germany’s (–2.1%) decline.
• Oil prices fell 2.2%, reflecting persistent global supply-surplus despite geopolitical noise.

Gold rose 4.9% supported by festive demand in India, central-bank purchases and safe-haven flows amid global uncertainty. While Silver rose 6% amid supply constraints.

Economic Indicators

• Inflation eased sharply to 1.5%, supporting the RBI’s decision to continue with its current policy stance, while GST collections remained robust, reflecting resilient domestic activity.
• Both FIIs and DIIs turned net buyers in October, supported by easing inflation, stable interest rates and sustained strength in domestic economic activity.
• US inflation inched up to 3%, driven by higher fuel costs, while the Fed implemented a rate cut of 0.25% to address signs of a slowing job market.