India’s equity benchmarks eased on 4 November 2025 as profit-booking and sectoral weakness pressured the market. The Nifty 50 slipped modestly while small- and mid-cap indices underperformed, reflecting selective selling across cyclicals and IT. Analysts pointed to recent strong gains that prompted short-term traders to take profits, while foreign flows moderated. Market participants said investor focus remains on upcoming inflation data and corporate earnings season for cues on whether the recent run can extend. Liquidity conditions and FII activity will determine near-term direction.