Stock Market Live Updates 31 October 2025: Oil India Recommended as Buy at ₹434.80
On October 31, 2025, Indian markets saw multiple positive corporate developments including strong quarterly earnings across sectors, strategic orders, and new product launches. Oil India is advised as a buy at ₹434.80 with expected rise to ₹485. The Chinese manufacturing PMI fell to 49.0, indicating continued contraction in the sector for the seventh month. Several companies reported better-than-expected profits while some posted neutral or negative results.
The article provides a comprehensive update on the Indian stock market as of October 31, 2025. Oil India stock is recommended as a buy at ₹434.80 with an anticipated price target of ₹485, supported by strategic stop-loss and profit booking guidance. Numerous Indian companies, including Bharat Electronics, Infosys, and Adani Green, reported significant order wins and earnings beats, reflecting positive momentum. On the other hand, some firms reported neutral or negative quarterly results. The article also highlights a key economic indicator: China's manufacturing PMI dropped to 49.0 in October 2025, marking the seventh consecutive month of contraction, due to weak domestic demand and trade uncertainties. This contrasted with a slight improvement in China's non-manufacturing PMI to 50.1. Additionally, the IPO market in India is booming, with notable listings like Lenskart. The report mentions various corporate actions, capital market movements, and economic calendar events influencing market sentiment. Overall, the update signals bullish trends in Indian equities amid global challenges, especially in manufacturing in China, while investors monitor earnings, trade developments, and strategic initiatives across sectors.
