Mumbai, Oct. 31 -- The Indian equity market is expected to remain firm but may face volatility following key global and domestic data.

The US Federal Reserve cut its benchmark interest rate by 25 basis points to a range of 3.75%-4.00% on October 29, 2025, but Chair Jerome Powell's cautious tone dampened hopes for a swift December follow-up, causing some overnight global pullback.

On the domestic front, India's Industrial Production growth was a strong 4.0% YoY in September 2025, underpinning the bullish sentiment.

However, China's official Manufacturing PMI dropped to 49.0 in October 2025, signalling continued global manufacturing sluggishness.

Investors should watch US non-farm payroll data and HSBC PMI figures this week for directio...