Closing Bell: Nifty 50 Ends Higher as IT Stocks Lead Friday Market Recovery | 30 Oct 2026, 03:45 PM IST
Key Highlights
The Nifty 50 closed at 23,010.00 on Friday, rising 0.32% as IT gains offset broader market weakness. Midcaps faced pressure, closing down 1.05% for the.
The Indian markets concluded the trading week on a positive note for the , which ended the session at 23,010.00, a gain of +73.25 points. While the headline index managed to finish in the green, the broader market sentiment was more cautious, with the Nifty Midcap 100 falling -605.85 points to close at 57,235.80.
The day in 60 seconds
- The Nifty 50 index finished the day at 23,010.00, marking a +0.32% gain.
- Nifty IT led sectoral performance with a robust +2.32% increase.
- Interglobe Aviation Ltd. climbed +3.52% following news of narrowing quarterly losses.
- The India VIX rose +0.98% to 15.27, reflecting a slight uptick in expected market volatility.
- Nifty Midcap 100 underperformed the benchmark, shedding -1.05% by the closing bell.
The session story
The Nifty 50 opened the session at 22,964.50 and navigated a range between a low of 22,905.10 and a high of 23,118.10. The India VIX, which serves as a gauge for how much movement traders expect in the market over the next month, settled at 15.27. This reading suggests a measured appetite for risk as the index sits 0.59% below its 20-session high of 23,146.15. With today’s move, the Nifty 50 has now posted two consecutive sessions of gains, contributing to a 1.81% rise over the last five trading days.
Nifty 50: the bigger picture
| Measure | Value |
|---|---|
| Last 5 sessions | +1.81% |
| Last 20 sessions | +1.72% |
| 20-session high | 23,146.15 |
| 20-session low | 22,231.80 |
| Below the 20-session high | 0.59% |
| Current run | 2 sessions up in a row |
| Index | Close | Change | Change % |
|---|---|---|---|
| NIFTY Midcap 100 | 57,235.80 | −605.85 | −1.05% |
| Nifty Bank | 54,641.60 | −268.05 | −0.49% |
| Nifty 50 | 23,010.00 | +73.25 | +0.32% |
Winners and losers
Trent Ltd. emerged as the top gainer, rising +5.36% to ₹3015.1. Interglobe Aviation Ltd. also saw positive momentum, gaining +3.52% after reporting that its consolidated net loss narrowed to ₹1,878.60 crore in Q2, alongside a 24.04% increase in total income. Infosys Ltd. rose +2.49% as its unit deployed Finacle Universal Banker across all UNI branches to simplify operations.
On the downside, Shriram Finance Ltd. led the losers with a -2.10% drop, followed by Bharat Petroleum Corporation Ltd. at -1.83% and Adani Ports and Special Economic Zone Ltd. at -1.71%.
| Stock | Price | Change % |
|---|---|---|
| Trent Ltd. | ₹3,015.1 | +5.36% |
| Interglobe Aviation Ltd. | ₹4,839.5 | +3.52% |
| Infosys Ltd. | ₹1,175 | +2.49% |
| Sun Pharmaceutical Industries Ltd. | ₹1,800.6 | +2.25% |
| HCL Technologies Ltd. | ₹1,435.1 | +2.22% |
| Stock | Price | Change % |
|---|---|---|
| Shriram Finance Ltd. | ₹823.45 | −2.10% |
| Bharat Petroleum Corporation Ltd. | ₹283.9 | −1.83% |
| Adani Ports and Special Economic Zone Ltd. | ₹1,840 | −1.71% |
| Mahindra & Mahindra Ltd. | ₹2,845.4 | −1.54% |
| Adani Enterprises Ltd. | ₹2,568 | −1.53% |
Sectors
The market breadth was clearly divided by sector. Nifty IT led the pack with a +2.32% gain, followed by Nifty Healthcare Index at +1.60% and Nifty Pharma at +1.51%. Conversely, Nifty Media lagged significantly with a -1.63% decline, while Nifty Chemicals Index fell -1.08% and Nifty Energy dropped -0.97%.
| Sector index | Change % |
|---|---|
| Nifty IT | +2.32% |
| Nifty Healthcare Index | +1.60% |
| Nifty Pharma | +1.51% |
| Nifty CPSE | +0.42% |
| Nifty India Consumption | +0.29% |
| Nifty Auto | −0.87% |
| Nifty PSU Bank | −0.93% |
| Nifty Energy | −0.97% |
| Nifty Chemicals Index | −1.08% |
| Nifty Media | −1.63% |
Where the big money went
Institutional activity remained a focal point for market participants. Over the last five sessions, FIIs have been net buyers at ₹1,079 crore, while DIIs have shown stronger conviction with net buying of ₹8,130 crore. Net buying indicates that these institutional investors are adding more to their portfolios than they are selling, which often provides a floor for market sentiment.
| Session | FII net | DII net |
|---|---|---|
| 28 Oct | +872 | +643 |
| 27 Oct | +4,240 | −1,250 |
| 26 Oct | −1,462 | +2,610 |
| 23 Oct | +888 | +3,235 |
| 22 Oct | −3,459 | +2,891 |
| Last 5 sessions | +1,079 | +8,130 |
Under the radar
Market activity was highlighted by several stocks hitting 52-week highs, including Laurus Labs Ltd. at +7.20% and Ather Energy Ltd. at +5.59%. Meanwhile, Suzlon Energy Ltd. touched a 52-week low, falling -7.86%. shockers were also notable, with Quick Heal Technologies Ltd. trading at 70.2x its 20-session average volume, ending the day up +10.98%.
| Stock | Price | Change % |
|---|---|---|
| Laurus Labs Ltd. | ₹2,405.5 | +7.20% |
| Ather Energy Ltd. | ₹1,756 | +5.59% |
| Eternal Ltd. | ₹343.65 | +1.72% |
| Coforge Ltd. | ₹2,045 | +4.23% |
| Divi’s Laboratories Ltd. | ₹9,780 | +1.20% |
| Stock | Price | Change % |
|---|---|---|
| Suzlon Energy Ltd. | ₹33.9 | −7.86% |
| Equitas Small Finance Bank Ltd. | ₹52.82 | −7.61% |
| Godrej Consumer Products Ltd. | ₹818 | −2.27% |
| Max Financial Services Ltd. | ₹1,200 | −0.99% |
| Yes Bank Ltd. | ₹15.15 | −1.81% |
| Stock | Volume vs average | Change % |
|---|---|---|
| Quick Heal Technologies Ltd. | 70.2x | +10.98% |
| Borosil Ltd. | 59.8x | +19.98% |
| Equitas Small Finance Bank Ltd. | 42.1x | −7.61% |
| Sagility Ltd. | 36.7x | −5.78% |
| Deepak Nitrite Ltd. | 24.1x | +2.95% |
What to watch tomorrow
The corporate calendar for Monday, 2 November, includes results from 18 Nifty 500 companies, notably ITC Ltd., Escorts Kubota Ltd., and Amara Raja Energy & Mobility Ltd. Investors should also note that Colgate-Palmolive (India) Ltd. will trade ex-dividend for ₹24 per share. Additionally, bidding closes for the IPOs of Bombay Coated And Special Steels Ltd. and Antala Industries Ltd., while the for Vedant Poly Fabs Ltd. opens.
On the calendar for Monday, 2 November
| Company | Also considering a dividend |
|---|---|
| Amara Raja Energy & Mobility Ltd. | Yes |
| Carborundum Universal Ltd. | — |
| Choice International Ltd. | — |
| Devyani International Ltd. | — |
| DOMS Industries Ltd. | — |
| Escorts Kubota Ltd. | — |
| Granules India Ltd. | — |
| ITC Ltd. | — |
| KEC International Ltd. | — |
| Marico Ltd. | — |
| National Aluminium Company Ltd. | Yes |
| NLC India Ltd. | Yes |
| Company | What happens |
|---|---|
| Bombay Coated And Special Steels Ltd.
Price band ₹78 to ₹82
| Last day to bid |
| Antala Industries Ltd.
Price band ₹63 to ₹67
| Last day to bid |
| Vedant Poly Fabs Ltd.
Price band ₹88 to ₹94
| Opens for bidding |
| Company | Event | Detail |
|---|---|---|
| Colgate-Palmolive (India) Ltd. | dividend | ₹24 per share |
Keep an eye on whether the Nifty 50 can sustain its momentum above the 23,000 level in the coming week.
| Stock | Side | Price | Change % |
|---|---|---|---|
| Borosil Ltd. | Upper | ₹286.4 | +19.98% |
| Marsons Ltd. | Upper | ₹148.86 | +20.00% |
| TVS Motor Company Ltd. | Lower | ₹4,195.2 | −1.98% |
| Canara Bank | Lower | ₹117.54 | −1.88% |
| ESDS Software Solution Ltd. | Lower | ₹1,160 | −5.00% |
| Ambuja Cements Ltd. | Lower | ₹348.05 | −1.87% |
| Godrej Properties Ltd. | Lower | ₹1,568 | −2.00% |
| Augmont Enterprises Ltd. | Lower | ₹993.4 | −4.99% |