Market snapshot
Nifty 5022,363.35-0.70%
Sensex71,924.68-0.76%
Bank Nifty54,918.00-0.61%
Previous close · 12 Oct 2026 · Nifty has closed between -1.0% and -0.5% on 153 of the last 1,276 sessions.
In the previous session, Indian equity markets saw a modest decline with mixed breadth. The IMF's optimistic outlook on India's economic growth, raising the 2026 forecast to 7%, was overshadowed by global geopolitical tensions impacting market sentiment. A surge in the US dollar and heightened Middle East tensions added to the cautious mood, affecting sectors sensitive to external influences.
The big story
IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%
IMF raises India's 2026 growth forecast to 7%.
News
The Indian rupee rose about 1% on Monday after the Reserve Bank of India implemented measures to temper dollar demand, marking its sharpest rally in six months.
Benchmark 10-year Indian government bond yields surged to their highest level since March 2023 on Monday, driven by pressures from rupee defense and inflation concerns.
India's inflation rate increased to 5.54% in September, nearing the Reserve Bank of India's tolerance ceiling and strengthening the case for further rate hikes.
The Karnataka High Court struck down provisions of a 2022 state law that increased SC/ST reservation quotas, citing a breach of the 50% ceiling established by the Supreme Court.
The HD Fire Protect IPO opened today, with grey market premiums indicating potential listing gains of 30%.
Stocks Updates
Power Grid Corporation of India: acquired Jam Khambhaliya REZ Transmission Limited for establishing an inter-state transmission system in Gujarat.
Azad Engineering: broacl consicleration or size of the order(s)/ corr kact(s); Approximately {52.68 crorc.
Power Grid Corporation of India: acquired Lakadia II Power Transmission Limited for establishing an inter-state transmission system in Gujarat.
Bharat Electronics: submitted a certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 30.09.2026.
TD Power Systems: allotted 77,41,935 equity shares aggregating ₹600 crore through a qualified institutions placement.
Capri Global Capital: redeemed commercial paper listed on BSE on the due date.
FII / DII activity
FIISold ₹1,708.48 Cr
DIIBought ₹3,045.02 Cr
FIIs sold ₹1,708.48 Cr, DIIs bought ₹3,045.02 Cr today.
Market breadth
Nifty 500
Advances273
Declines226
A/D ratio1.21
Mixed participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
Media+4.60%
Auto+0.90%
Realty+0.76%
Pharma+0.45%
Energy+0.20%
Fin Services-0.41%
Metal-0.41%
Bank-0.61%
IT-0.79%
Infra-0.87%
PSU Bank-1.18%
FMCG-1.67%
Leaders: Media, Auto · Laggards: FMCG, PSU Bank
Top gainers and losers
Gainers
UPL₹514.85+5.40%
ATHERENERG₹1,511.00+5.34%
SUZLON₹39.57+5.24%
TATAELXSI₹3,257.00+4.06%
IRFC₹77.50+3.75%
Losers
DMART₹3,364.90-4.32%
FORTIS₹757.25-3.69%
DABUR₹374.40-3.18%
APOLLOHOSP₹7,775.00-3.15%
ITC₹257.90-3.05%
Commodities & forex
🪙 Gold (10g)₹1,49,540.00flat
🥈 Silver (1kg)₹2,22,950.00-1.24%
USD/INR96.82+0.07%
Global cues
S&P 5007,807.24-0.06%
Nasdaq27,245.90-0.44%
S&P 500 futures7,858.00-0.02%
Nasdaq futures30,898.25-0.68%
US stocks hovered near their latest record in mixed trading, with the Dow Jones rising while the Nasdaq composite slipped, according to ABC7 Los Angeles.
The Dow gained as memory stocks weighed on the Nasdaq, reports Yahoo Finance.
Reuters notes that despite a big rally, 4 in 10 S&P stocks are down this year, indicating a narrow market advance.
The Nasdaq fell ahead of earnings and economic data, while oil prices rallied, according to Reuters.
The Wall Street Journal reports that the S&P 500 and Nasdaq slipped as oil prices rose due to Russia's strikes in Ukraine.
Technical levels
Nifty support22,228.17 / 22,092.98
Nifty resistance22,574.82 / 22,786.28
Bank Nifty support54,612.38
Bank Nifty resistance55,320.03
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Corporate actions
Upcoming ex-dates
Vedanta
Interim dividend ₹5.00/sh · ex 14 Oct
Tata Consultancy Services
Interim dividend ₹12.00/sh · ex 14 Oct
Ola Electric Mobility
Rights 2:25 @ Premium Rs 17/- · ex 13 Oct
Earnings calendar
ICICI Prudential Life Insurance Company Limited2026-10-13
Transformers And Rectifiers (India) Limited2026-10-13
Tata Elxsi Limited2026-10-13
Bharat Heavy Electricals Limited2026-10-14
Term of the day
BTST
Buy Today Sell Tomorrow is selling shares on the next trading day before they settle into demat under T+1.