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Amongst sectors, Nifty Realty, Media, and Consumer Durables were major gainers, while Auto, Pharma, and Healthcare were major losers. Analysts see the market consolidating within the range of 18,980 to 19,220 in the near term.

Companies had raised around 285.5 billion rupees ($3.43 billion) until Oct. 29, the lowest since September 2018, and well below the 729.5 billion rupees in the previous month, data from Prime Database showed.

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A decisive move above the hurdle of 19,300 could open the next upside target of 19,600 levels in the near term. Further weakness from here could find support around 19,000-18,950 levels, said Nagaraj Shetti of HDFC Securities.

Fundraising through new share sales in Shenzhen, Shanghai and Beijing combined plunged 71% to $1.1 billion in October from a year ago, the data shows. While China was one of the busiest corners in the world for listings last year, activity has slumped as the nation’s appeal fades amid fears of an economic slowdown.

Revenue from operations during the reporting second quarter jumped 11% year-on-year (YoY) to Rs 3,734 crore. The same was at Rs 3,363 crore in the last year quarter. The revenue growth was driven by an underlying growth of 11% in the India business, 8% in the International business, and 3% in the non-branded business.

GAIL saw pre-tax earnings from its mainstay gas transportation business soar 82 per cent to Rs 1,290.65 crore in the second quarter of the current fiscal.

Several major stocks achieved a significant milestone by surpassing their 200-day SMA, signaling potential shifts in their stock trends.

The stock market demonstrated remarkable resilience as several large cap and midcap stocks achieved new 52-week highs on October 31, underscoring their strength and ability to weather market fluctuations.