The Nifty 50 settled at 22,316.85 on Monday, 12 October 2026, as broad-based selling dragged major indices lower amid persistent institutional outflows.
Market Overview
Indian equity markets concluded the session on a negative note on Monday, 12 October 2026. The Nifty 50 closed at 22,316.85, recording a decline of −203.60 points or −0.90%. The Nifty Bank index mirrored this downward trajectory, settling at 54,812.25, down −444.40 points or −0.80%. The NIFTY Midcap 100 also ended in the red, finishing at 58,680.15, a loss of −107.15 points or −0.18%.
Index Performance Summary
| Index | Close | Change | Change % |
|---|---|---|---|
| Nifty 50 | 22,316.85 | −203.60 | −0.90% |
| Nifty Bank | 54,812.25 | −444.40 | −0.80% |
| NIFTY Midcap 100 | 58,680.15 | −107.15 | −0.18% |
Corporate Developments
Dr. Reddy’s Laboratories Ltd. emerged as a top gainer, rising +2.87% to ₹1,231.4 following the launch of NIVORZ, which expands the company’s oncology portfolio. Conversely, BSE Ltd. saw activity as BNP Paribas and Goldman Sachs pared a 1.7% stake in the firm, aggregating to ₹2,186.44 crore, with the stock closing at ₹3,334, up +1.42%. Bajaj Auto Ltd. shares closed at ₹10,010, up +2.37%, despite the company reporting that total exports increased by 32% to 2,43,987 units in September 2026.
Top Market Movers
| Company | Close | Change % |
|---|---|---|
| Dr. Reddy’s Laboratories Ltd. | ₹1,231.4 | +2.87% |
| Bajaj Auto Ltd. | ₹10,010 | +2.37% |
| ITC Ltd. | ₹257.25 | −3.29% |
| Tech Mahindra Ltd. | ₹1,465.1 | −3.24% |
