Trade setup for Nifty 50, US Fed rate cut to gold, silver prices - 8 stocks to buy

By Admin

30 Oct, 2025

The Indian stock market closed Wednesday’s trading session on a bullish note, reflecting investor optimism both domestically and globally. The Sensex settled at 84,997 and the Nifty 50 at 26,054, driven by strong performances in heavyweight stocks such as Reliance Industries, HDFC Bank, NTPC, Adani Ports, Power Grid, HCL Tech, and Tata Steel, which recorded gains of up to 3% during the day.

Market Overview

According to Abhinav Tiwari, Research Analyst at Bonanza, the market is awaiting the US Federal Reserve’s policy announcement and Chair Jerome Powell’s remarks for signals on the trajectory of interest rates. Anticipation of dovish guidance could sustain foreign investment inflows.

Domestically, robust macroeconomic fundamentals, infrastructure growth, and corporate earnings continue to underpin market optimism. However, analysts remain cautious about global uncertainties, crude oil price fluctuations, and upcoming Q2 earnings.

Sectoral Performance

On the sectoral front, Nifty Metal and Oil & Gas indices outperformed, each climbing by nearly 2%, supported by firm global commodity prices and easing crude oil concerns. In contrast, the Auto sector and certain banking stocks experienced mild profit-booking after recent rallies.

Vinod Nair, Head of Research at Geojit Investments, noted that upbeat signals from Asian markets and progress in global trade talks helped Indian equities rally. He added that optimism surrounding India-US trade discussions and stable crude prices contributed to the positive sentiment.

Global Market Influence

Global markets are closely watching the US Federal Reserve meeting, which is expected to shape investor sentiment. Any hint of future rate cuts could provide further support to emerging markets, including India. Additionally, optimism over the US-China trade agreement and easing OPEC+ concerns are contributing factors behind the market’s bullish undertone.

Technical View & Trade Setup

Rupak De, Senior Technical Analyst at LKP Securities, stated that optimism regarding the US-China agreement has pushed the Nifty 50 upward. However, traders are cautious about taking fresh positions before the Fed’s rate decision.

The technical structure remains bullish, with support at 25,850. If the index breaches this level, it could consolidate. On the upside, a break above 26,100 may drive the Nifty towards 26,300–26,500 in the short term.

Stocks to Buy Today

Market experts including Sumeet Bagadia (Choice Broking), Ganesh Dongre (Anand Rathi), and Shiju Koothupalakkal (Prabhudas Lilladher) have recommended the following eight intraday stocks for today’s trading session:

1. HBL Engineering Ltd
   
   

• Buy at ₹1,011 | Target: ₹1,086 | Stoploss: ₹976
  The stock has been forming higher highs and higher lows, maintaining strong bullish momentum. A breakout above ₹1,018 could trigger fresh buying interest.
  
  

2. Hindustan Petroleum Corporation Ltd (HPCL)
   
   

• Buy at ₹468 | Target: ₹500 | Stoploss: ₹452
  HPCL has recently hit an all-time high and broken out of a rising wedge pattern, confirming a strong uptrend.
  
  

3. Steel Authority of India Ltd (SAIL)
   
   

• Buy at ₹142 | Target: ₹150 | Stoploss: ₹136
  SAIL continues to demonstrate bullish patterns, supported by strong investor sentiment and stable support at ₹136.
  
  

4. Ambuja Cements Ltd
   
   

• Buy at ₹573 | Target: ₹590 | Stoploss: ₹560
  The stock is reversing from support and showing renewed strength, indicating potential for a short-term upmove.
  
  

5. Hindustan Unilever Ltd (HUL)
   
   

• Buy at ₹2,490 | Target: ₹2,560 | Stoploss: ₹2,450
  HUL maintains strong support at ₹2,450 and is exhibiting a bullish pattern suitable for short-term traders.
  
  

6. CG Power and Industrial Solutions Ltd
   
   

• Buy at ₹748.60 | Target: ₹785 | Stoploss: ₹732
  The stock has recovered after profit booking, with indicators like RSI showing a positive trend reversal, signaling further upside.
  
  

7. Salzer Electronics Ltd
   
   

• Buy at ₹878.95 | Target: ₹927 | Stoploss: ₹860
  The higher bottom formation and positive volume participation suggest the potential for continued gains.
  
  

8. Enviro Infra Engineers Ltd
   
   

• Buy at ₹247.55 | Target: ₹262 | Stoploss: ₹242
  The stock has been consolidating near its 200-day moving average and now shows bullish momentum backed by volume spikes.
  
  

Gold, Silver, and Commodities Outlook

While equities continue their rally, gold and silver prices are expected to react sharply to the Fed’s policy stance. A dovish tone could lift precious metals, as lower yields often support non-interest-bearing assets like gold and silver.

Meanwhile, base metal prices remain firm due to global supply constraints, directly benefiting the Nifty Metal index and stocks like SAIL and Tata Steel.

Conclusion

With strong domestic fundamentals, improving global sentiment, and anticipation of dovish cues from the US Federal Reserve, the Indian stock market remains in a bullish phase. Traders are advised to stay cautious before the Fed’s announcement but can look for buying opportunities in quality stocks showing strong technical setups.

Disclaimer: The views and recommendations expressed above belong to individual analysts and brokerage firms. Investors should seek advice from certified financial experts before making investment decisions.