Market snapshot
Nifty 5022,811.35-0.34%
Sensex73,709.69-0.19%
Bank Nifty54,976.90-0.92%
Previous close · 21 Oct 2026 · Nifty has closed between -1.5% and -1.0% on 74 of the last 1,281 sessions.
In the previous session, Indian markets experienced a narrow breadth with a modest decline, driven by escalating geopolitical tensions in the Middle East. The IT sector emerged as a beacon of strength, buoyed by strong earnings and strategic investments in digital transformation. However, the broader market faced pressure from rising oil prices, which raised concerns about increased import costs for energy-dependent sectors.
The big story
Oil rises as US orders diplomats to leave Saudi Arabia amid escalating tensions
Oil prices rise as US orders diplomats to leave Saudi Arabia.
News
The minutes from India's rate panel meeting indicate that while more interest rate hikes are anticipated, there is caution against an aggressive cycle.
The Jio Platforms IPO has seen strong demand, with a grey market premium of ₹246, while Paras Healthcare's IPO has a weaker premium of ₹25.
Carlsberg is close to filing an IPO for its Indian unit, aiming to raise approximately US$700 million.
Moody's reports that Jio Platforms' Rs 30,213-crore IPO will aid Reliance Industries in reducing debt and interest costs.
Walmart's Flipkart is developing a food delivery service in India, positioning itself as a competitor in the market.
Stocks Updates
Bajaj Finance: allotted NCDs worth ₹2,120 crore at a Zero Coupon rate, maturing in October 2031.
ETERNAL: approved a Business Transfer Agreement to transfer the Going-out India business to its subsidiary, Zomato Entertainment Private Limited.
Larsen & Toubro: secured an order for the construction of two buildings with a total built-up area of 32.8 lakh sq. ft. in New Delhi.
Kalpataru Projects International: announced new order wins worth ₹2,349 crores.
Dr. Reddy's Laboratories: received DCGI approval for Zytorvi® (toripalimab) for advanced esophageal squamous cell carcinoma.
Sun Pharmaceutical Industries: announced UNLOXCYT® received a Category 2A Preferred Designation in the NCCN Guidelines for laCSCC.
NSE: shares worth Rs 3,247 crore freed up for trade following IPO lock-in expiry.
FII / DII activity
FIIBought ₹1,022.32 Cr
DIIBought ₹1,614.32 Cr
FIIs bought ₹1,022.32 Cr, DIIs bought ₹1,614.32 Cr. Flows were routine in size.
Market breadth
Nifty 500
Advances83
Declines416
A/D ratio0.20
Limited participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
IT+2.88%
Pharma-0.19%
Infra-0.38%
PSU Bank-0.51%
FMCG-0.58%
Bank-0.92%
Fin Services-1.18%
Realty-1.25%
Media-1.29%
Energy-1.39%
Auto-1.54%
Metal-1.71%
Leaders: IT, Pharma · Laggards: Metal, Auto
Top gainers and losers
Gainers
WIPRO₹189.17+3.86%
INFY₹1,168.00+3.30%
HCLTECH₹1,424.20+3.21%
TECHM₹1,834.70+3.13%
MPHASIS₹2,575.00+3.00%
Losers
ABB₹6,559.50-5.94%
MANAPPURAM₹301.60-5.62%
SIEMENS₹3,420.60-5.59%
SRF₹2,305.00-5.22%
IDEA₹11.64-5.21%
Commodities & forex
🪙 Gold (10g)₹1,46,041.00-0.33%
🥈 Silver (1kg)₹2,09,049.00-1.15%
USD/INR94.72-0.29%
Global cues
S&P 5007,757.17+0.58%
Nasdaq26,702.86+1.05%
S&P 500 futures7,800.25+0.58%
Nasdaq futures30,007.00+1.12%
Nasdaq led Wall Street gains, driven by positive AI sentiment from SpaceX and Super Micro, according to Reuters.
Meta and Tesla stocks powered gains in the S&P 500 and Nasdaq, with SPCX, SKYD, and IBM also in focus, reports Yahoo Finance.
Treasury yields remained steady as investors awaited jobless claims data, CNBC reports.
Wingstop stock declined as Wall Street slashed its outlook, with a sales recovery appearing elusive, according to Barron's.
Bloomberg.com highlights how soaring AI bills are troubling Wall Street executives.
Technical levels
Nifty support22,712.48 / 22,613.62
Nifty resistance23,042.73 / 23,274.12
Bank Nifty support54,910.77
Bank Nifty resistance55,463.37
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Corporate actions
Upcoming dividends
Angel One
Interim dividend ₹1.40/sh · ex 22 Oct
Indian Railway Finance Corporation
Interim dividend ₹1.15/sh · ex 23 Oct
LTM
Interim dividend ₹25.00/sh · ex 23 Oct
Earnings calendar
Adani Energy Solutions Limited2026-10-22
Adani Total Gas Limited2026-10-22
Chennai Petroleum Corporation Limited2026-10-22
CIE Automotive India Limited2026-10-22
Term of the day
Bonus issue
A bonus issue credits additional free shares to existing shareholders from reserves.