Indian markets concluded the session on Wednesday, 28 October 2026, with a mixed performance across major indices. While the Nifty 50 faced selling pressure, the Nifty Bank managed to post gains, reflecting a divergence in investor sentiment across different segments of the market.
Nifty 50
22,706.80
−0.19% · −42.95 pts
Day range
22,498–22,778
Opened 22,678.00
India VIX
16.21
−1.20% on the day
Last 5 sessions
−0.46%
Nifty 50 change
The day in 60 seconds
The Nifty 50 index closed at 22,706.80, recording a decline of -42.95 (-0.19%).
Nifty Bank outperformed, finishing at 54,275.40, a gain of +300.50 (+0.56%).
The Nifty Midcap 100 added +234.75 (+0.41%) to close at 57,264.65.
The India VIX, a gauge of expected market volatility, fell by -1.20% to 16.21.
Index
Close
Change
Change %
Nifty Bank
54,275.40
+300.50
+0.56%
Nifty 50
22,706.80
−42.95
−0.19%
NIFTY Midcap 100
57,264.65
+234.75
+0.41%
Index closing levels, 28 October 2026
The session story
The Nifty 50 opened at 22,678.00 and fluctuated within a range, hitting a high of 22,778.05 and a low of 22,497.70. The India VIX, which measures the market’s expectation of volatility over the next 30 days, settled at 16.21, suggesting a relatively tempered mood among traders. This session marks the second consecutive day of declines for the Nifty 50, which is currently trading 1.90% below its 20-session high of 23,146.15.
Nifty 50: the bigger picture
Measure
Value
Last 5 sessions
−0.46%
Last 20 sessions
−0.32%
20-session high
23,146.15
20-session low
22,231.80
Below the 20-session high
1.90%
Current run
2 sessions down in a row
Nifty 50 over recent sessions, to 28 Oct
Winners and losers
Apollo Hospitals Enterprise Ltd. led the gainers, climbing +4.58% to ₹8148. Larsen & Toubro Ltd. also saw significant interest, rising +3.95% to ₹3810, following the company’s report of a 33% rise in Q2 consolidated net profit and a 16.85% increase in total consolidated income to ₹81,056.20 crore. Other notable gainers included Trent Ltd. at +2.74% and Hero MotoCorp Ltd. at +2.50%.
On the flip side, Infosys Ltd. was the top loser, falling -4.03% to ₹1116.15. Reliance Industries Ltd. followed, dropping -3.00% to ₹1160.3, while Bharat Petroleum Corporation Ltd. declined -2.81% to ₹287.3.
Stock
Price
Change %
Apollo Hospitals Enterprise Ltd.
₹8,148
+4.58%
Larsen & Toubro Ltd.
₹3,810
+3.95%
Trent Ltd.
₹2,897.8
+2.74%
Hero MotoCorp Ltd.
₹5,349
+2.50%
SBI Life Insurance Company Ltd.
₹1,673.4
+2.47%
Top gainers
Stock
Price
Change %
Infosys Ltd.
₹1,116.15
−4.03%
Reliance Industries Ltd.
₹1,160.3
−3.00%
Bharat Petroleum Corporation Ltd.
₹287.3
−2.81%
Oil & Natural Gas Corporation Ltd.
₹224.35
−2.39%
HCL Technologies Ltd.
₹1,393.3
−1.88%
Top losers
Sector performance
Market breadth was uneven, with the Nifty Auto index leading the gains at +1.51%, followed by Nifty Media at +1.34% and Nifty Healthcare at +1.20%. Conversely, the Nifty IT index was the primary laggard, shedding -2.35%, while Nifty Oil & Gas fell -2.26%.
Sector index
Change %
Nifty Auto
+1.51%
Nifty Media
+1.34%
Nifty Healthcare Index
+1.20%
Nifty Pharma
+1.08%
Nifty Bank
+0.56%
Nifty Financial Services
+0.53%
Nifty India Consumption
+0.16%
Nifty PSU Bank
+0.14%
Nifty Chemicals Index
−0.06%
Nifty Infrastructure
−0.24%
Nifty Metal
−0.29%
Nifty PSE
−0.52%
Nifty CPSE
−0.55%
Nifty FMCG
−0.70%
Nifty Energy
−0.82%
Nifty Realty
−0.82%
Nifty Oil & Gas
−2.26%
Nifty IT
−2.35%
Sector indices, 28 October 2026, best first
Where the big money went
Institutional activity remained a focal point, with FIIs turning net buyers at ₹4,240.39 crore in the latest session, while DIIs were net sellers at ₹1,250.03 crore. Over the last five sessions, FIIs have been net buyers of ₹1,229 crore, while DIIs have contributed a significant net inflow of ₹9,101 crore.
Session
FII net
DII net
27 Oct
+4,240
−1,250
26 Oct
−1,462
+2,610
23 Oct
+888
+3,235
22 Oct
−3,459
+2,891
21 Oct
+1,022
+1,614
Last 5 sessions
+1,229
+9,101
FII and DII net flows, ₹ crore (positive is net buying)
Under the radar
Several stocks reached 52-week highs, including Piramal Pharma Ltd., which surged +16.70% on massive volume, trading at 49.8 times its 20-session average. Other volume shockers included Aarti Drugs Ltd. at 66.8x volume and Syngene International Ltd. at 42.8x volume. Meanwhile, HDFC Bank Ltd. and ITC Ltd. touched 52-week lows, though HDFC Bank managed to close +0.75% higher.
Stock
Price
Change %
Piramal Pharma Ltd.
₹231.91
+16.70%
Acutaas Chemicals Ltd.
₹3,720.9
−1.91%
Sona BLW Precision Forgings Ltd.
₹879.45
+3.24%
Laurus Labs Ltd.
₹2,181.9
+1.86%
PVR Inox Ltd.
₹1,432.2
−2.17%
Touched a 52-week high (11 of 523 liquid stocks scanned)
Stock
Price
Change %
HDFC Bank Ltd.
₹685.3
+0.75%
Waaree Energies Ltd.
₹2,238
−1.63%
ITC Ltd.
₹259.5
−0.19%
Voltas Ltd.
₹1,011.9
+6.94%
Tata Motors Passenger Vehicles Ltd.
₹263.6
+0.92%
Touched a 52-week low (23 of 523)
Stock
Volume vs average
Change %
Aarti Drugs Ltd.
66.8x
+11.37%
Piramal Pharma Ltd.
49.8x
+16.70%
Syngene International Ltd.
42.8x
+9.78%
United Breweries Ltd.
21.8x
+4.59%
CarTrade Tech Ltd.
15.1x
−13.21%
Heavy volume against the 20-session average
Stock
Side
Price
Change %
Eicher Motors Ltd.
Upper
₹7,300
+1.88%
Ramky Infrastructure Ltd.
Upper
₹306.9
+20.00%
Ashok Leyland Ltd.
Upper
₹144.85
+2.01%
Vedanta Iron And Steel Ltd.
Lower
₹26.56
−4.97%
Standard Engineering Technology Ltd.
Upper
₹386.8
+4.99%
Huhtamaki India Ltd.
Upper
₹229.57
+20.00%
Hero Motors Ltd.
Upper
₹116.51
+4.99%
STL Networks Ltd.
Upper
₹34.17
+4.98%
Stocks that hit a circuit limit
Stock
Value
Price
TVSHLTD
₹824 cr
₹10,905
Block deals, 27 Oct
What to watch tomorrow
Thursday, 29 October, will see results from 22 Nifty 500 companies, including Coal India Ltd., Asian Paints Ltd., and Ambuja Cements Ltd. Investors will also monitor the closing of IPOs for Wiscon Industries Ltd., SFC Environmental Technologies Ltd., and BLS Polymers Ltd., alongside the opening of bids for Antala Industries Ltd. and Bombay Coated And Special Steels Ltd. Additionally, several stocks including CRISIL Ltd. and Kajaria Ceramics Ltd. will trade ex-dividend.
On the calendar for Thursday, 29 October
Company
Also considering a dividend
Ambuja Cements Ltd.
—
Apar Industries Ltd.
—
Asian Paints Ltd.
Yes
Blue Star Ltd.
—
Brigade Enterprises Ltd.
—
Computer Age Management Services Ltd.
Yes
Coal India Ltd.
Yes
Deepak Nitrite Ltd.
—
Firstsource Solutions Ltd.
—
Godrej Consumer Products Ltd.
Yes
Indian Energy Exchange Ltd.
—
Interglobe Aviation Ltd.
—
Results due on Thursday, 29 October (12 of 22 shown)
Company
What happens
Price band
Wiscon Industries Ltd.
Last day to bid
₹194 to ₹204
SFC Environmental Technologies Ltd.
Last day to bid
₹313 to ₹330
BLS Polymers Ltd.
Last day to bid
₹142 to ₹150
Antala Industries Ltd.
Opens for bidding
₹63 to ₹67
Bombay Coated And Special Steels Ltd.
Opens for bidding
₹78 to ₹82
IPOs on the calendar
Company
Event
Detail
Central Mine Planning & Design Institute Ltd.
dividend
₹1.05 per share
CRISIL Ltd.
dividend
₹17 per share
Kajaria Ceramics Ltd.
dividend
₹12 per share
Shriram Finance Ltd.
dividend
₹6.5 per share
Trading ex-date
Keep an eye on how the IT sector recovers or continues its trend in tomorrow’s opening session.