Market snapshot
Nifty 5022,600.00-0.39%
Sensex73,123.83-0.17%
Bank Nifty54,287.35-1.16%
Previous close · 23 Oct 2026 · Nifty has fallen for 4 straight sessions — a streak that long has occurred 41 times across the last 1,284 sessions.
In the previous session, Indian markets were weighed down by rising government bond yields, which hit a three-year peak, sparking fears of increased borrowing costs and tighter liquidity. The bond market's turmoil was exacerbated by high crude oil prices and persistent supply, leading to foreign investors selling Indian debt. This instability, combined with global economic concerns, particularly from China's market turmoil, contributed to the market's negative breadth.
The big story
G-Sec yields at three-year peak, could climb to 7.75% by December
India's 10-year bond yield could reach 7.75% by December due to oil prices.
News
Capital is actively shifting from the secondary market into a massive ₹5 trillion primary market pipeline, as investors reallocate liquidity toward initial public offerings (IPOs) and qualified institutional placements (QIPs), according to Madhu Lunawat, founder of The Wealth Company Mutual Fund.
Indian shares are expected to open little changed on Monday as sentiment remains subdued over elevated crude oil prices and their impact on inflation, with investors also focused on the US Federal Reserve's policy decision later this week.
Gold price edged 0.07 percent down just above $3,999 per ounce in the early session on October 26, while domestic MCX spot gold closed the Friday session at Rs 1,41,031 per 10 grams.
Jio Platforms leads three listings this week, with nine issues set to raise Rs 2,780 crore.
Carlsberg is close to filing an IPO for its Indian unit, aiming to raise US$700 million, according to Bloomberg.
Stocks Updates
JK Cement: allotted NCDs cumulatively amounting to 37.5 crores.
JK Cement: approved a new plant with an estimated capital cost of INR 130 Crore, to be funded within the existing INR 600 Crore investment in the paints business.
KEC International: secured new orders worth Rs. 2,872 crores from Power Grid Corporation of India Limited for 765 kV transmission lines.
Railtel Corporation Of India: received a ₹20 crore order from Munitions India Limited with execution by February 28, 2027.
Railtel Corporation Of India: approved unaudited financial results for the quarter and half year ended September 30, 2026.
Kajaria Ceramics: approved unaudited financial results for the quarter/half year ended September 30, 2026.
Kotak Mahindra Bank: reported a 25% YoY increase in net advances to ₹577,295 crore as of September 30, 2026.
Kotak Mahindra Bank: approved consolidated and standalone unaudited financial results for the quarter and half-year ended September 30, 2026.
FII / DII activity
FIIBought ₹887.65 Cr
DIIBought ₹3,235.36 Cr
FIIs bought ₹887.65 Cr, DIIs bought ₹3,235.36 Cr today.
Market breadth
Nifty 500
Advances50
Declines450
A/D ratio0.11
Limited participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
IT-0.27%
Infra-0.44%
Auto-0.60%
FMCG-0.99%
Fin Services-1.03%
Pharma-1.04%
Bank-1.16%
Media-1.33%
Energy-1.66%
PSU Bank-2.26%
Realty-2.38%
Metal-2.71%
Leaders: IT, Infra · Laggards: Metal, Realty
Top gainers and losers
Gainers
ETERNAL₹317.40+4.25%
SHREECEM₹22,735.00+1.81%
APOLLOHOSP₹7,730.00+1.65%
ONGC₹227.50+1.11%
ASIANPAINT₹2,307.00+0.97%
Losers
SWIGGY₹176.00-16.75%
UJJIVANSFB₹58.10-6.28%
ADANIENSOL₹1,220.00-5.82%
NAM-INDIA₹922.60-5.47%
BANDHANBNK₹149.89-5.40%
Commodities & forex
🪙 Gold (10g)₹1,42,150.00-0.81%
🥈 Silver (1kg)₹1,96,100.00-1.75%
USD/INR94.71+0.42%
Global cues
S&P 5007,623.68-0.52%
Nasdaq25,955.34-0.21%
S&P 500 futures7,659.75-0.58%
Nasdaq futures29,117.75-0.08%
Nasdaq, Treasury yields, and the dollar are facing a significant test of AI sentiment, according to StoneX.
Nasdaq has bolstered its Asia-Pacific leadership team, as reported by Yahoo Finance.
Zero-day option traders are betting against significant swings in the S&P 500, Bloomberg.com reports.
The S&P 500 has fallen, led by tech stocks following earnings from Meta and Tesla, according to StoneX.
More than a third of S&P 500 companies are set to report earnings amid a backdrop of cautious market sentiment.
Technical levels
Nifty support22,385.58 / 22,171.17
Nifty resistance22,800.83 / 23,001.67
Bank Nifty support53,822.97
Bank Nifty resistance54,871.12
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Corporate actions
Upcoming dividends
Hexaware Technologies
Interim dividend ₹9.50/sh · ex 26 Oct
L&T Technology Services
Interim dividend ₹20.00/sh · ex 27 Oct
Nippon Life India Asset Management
Interim dividend ₹9.50/sh · ex 28 Oct
Earnings calendar
Aavas Financiers Limited2026-10-26
Aditya Birla Real Estate Limited2026-10-26
Aegis Logistics Limited2026-10-26
Aegis Vopak Terminals Limited2026-10-26
Term of the day
Repo rate
The repo rate is the RBI policy rate at which banks borrow overnight under the liquidity adjustment framework.