Key Events for the Month of October 2025

• India’s Services Purchasing Managers' Index (PMI) eased in September to 60.9, slightly lower than August’s recent high of 62.9.

• India’s Manufacturing Purchasing Managers’ Index (PMI) showed renewed strength in October, rising to a two-month high of 58.4 from 57.7 in September. The manufacturing sector continued to expand at a solid pace, supported by strong domestic demand and easing cost pressures.

• India’s Consumer Price Inflation (CPI) declined to an eight-year low of 1.54% in September, mainly due to a fall in prices of vegetables, edible oils, fruits, pulses, cereals, and eggs. Fuel prices also turned cheaper during the month.

• India’s Wholesale Price Index (WPI)-based inflation eased to 0.13% in September from 0.52% in August, driven largely by falling food and fuel prices.

• India’s GST collections rose 4.6% year-on-year to 1.96 lakh crore in October.

• Equity markets registered strong gains in October 2025, with the Nifty 50 advancing by 4.5% and the BSE Sensex climbing 4.6%, supported by positive domestic and global cues.

|	Sectoral Index Performance

Name	3 Months	6 Months	1 Year	3 Years	5 Years
Nifty Auto Index	13.3%	20.2%	14.0%	26.0%	28.1%
Nifty Bank Index	3.2%	4.9%	12.2%	11.8%	19.3%
Nifty Energy Index	3.3%	5.9%	-7.7%	10.8%	19.3%
Nifty Financial Services Index	1.8%	3.9%	13.6%	13.5%	18.4%
Nifty FMCG Index	0.7%	-0.4%	-5.1%	8.3%	13.8%
Nifty Healthcare Index	-1.3%	4.6%	1.8%	20.5%	21.4%
Nifty Infrastructure Index	5.5%	8.9%	8.4%	22.2%	25.0%
Nifty IT Index	1.2%	-0.2%	-11.6%	7.5%	11.3%
Nifty Media Index	-5.4%	1.6%	-23.8%	-9.3%	1.6%
Nifty Metal Index	14.3%	23.7%	13.8%	21.6%	35.2%
Nifty Pharma Index	-2.6%	1.9%	-2.5%	18.8%	14.5%
Nifty PSU Bank Index	19.5%	25.1%	21.7%	33.2%	45.3%
Nifty Realty Index	3.9%	7.0%	-5.2%	29.2%	32.9%
BSE Consumer Durables Index	1.8%	5.4%	-0.2%	12.4%	20.2%
BSE Industrial Index	4.3%	16.4%	1.6%	31.2%	41.8%

Source: Bloomberg, As on 31/10/2025. The Sector(s) mentioned in this document do not constitute any research report/recommendation of the same and the scheme(s)/Fund may or may not have any future position in these Sector(s) | The Index names mentioned do not constitute any kind of recommendation and are for information purpose only. Past performance may or may not be sustained in the future

|	Global Index Performance

Name	3 Months	6 Months	1 Year	3 Years	5 Years
MSCI World Index	7.7%	20.1%	20.4%	19.9%	13.9%
MSCI Emerging Index	12.7%	25.9%	25.2%	18.2%	4.9%
MSCI India index	3.7%	6.3%	4.8%	13.3%	17.4%
Dow Jones Industrial Average Index	7.8%	17.0%	13.9%	13.3%	12.4%
Nasdaq Composite Index	12.3%	36.0%	31.1%	29.2%	16.8%
Nikkei 225 Index	27.6%	45.4%	34.1%	23.8%	17.9%
Shanghai Composite Index	10.7%	20.6%	20.6%	11.0%	4.2%
Deutsche Boerse AG german Stock Index DAX	-0.4%	6.5%	25.6%	21.8%	15.7%

Source: Bloomberg, As on 31/10/2025 | The Index names mentioned do not constitute any kind of recommendation and are for information purpose only. Past performance may or may not be sustained in the future