Home/Markets/Market Highlights: Nifty 50 trades at 22…

Market Highlights: Nifty 50 trades at 22,718 as investors digest mixed corporate results and flows | 28 Oct 2026, 02:00 PM IST

Markets
By ThePip Desk•
Add as a preferred source on Google
Nifty 50 trades at 22,718 as investors digest mixed corporate results and flows

Key Highlights

The Nifty 50 trades at 22,718.20, down 0.14% as of Wednesday, 28 October 2026, intraday. Markets show divergence with banking and midcap stocks leading.

As of Wednesday, 28 October 2026, intraday, the is trading at 22,718.20, marking a decline of −0.14% or −32 points. While the benchmark index struggles for direction, the broader market sentiment remains varied, with specific pockets of strength emerging in banking and midcap segments.

Nifty 50
22,718.20
−0.14% · −31.55 pts
Day range
22,498–22,778
Opened 22,678.00
India VIX
16.22
−1.13% on the day
Last 5 sessions
−0.61%
Nifty 50 change

The 60-Second Version

  • The Nifty 50 is currently trading at 22,718.20, down −0.14%.
  • Nifty Bank shows resilience, rising +0.60% to trade at 54,296.20.
  • Larsen & Toubro Ltd. leads the gainers, climbing +3.71% to ₹3801.2.
  • Infosys Ltd. faces selling pressure, dropping −3.73% to ₹1119.6.
  • The India VIX, a gauge of market volatility, is down −1.13% at 16.22.

How the Indices are Trading

The Nifty 50 has navigated a range today between a low of 22,497.70 and a high of 22,778.05. This follows a recent period of consolidation where the index closed at 22,749.75 yesterday, remaining −1.71% below its 20-session high of 23,146.15. Meanwhile, the India VIX at 16.22 suggests a cooling in expected market volatility.

IndexCloseChangeChange %
Nifty Bank54,296.20+321.30+0.60%
Nifty 5022,718.20−31.55−0.14%
NIFTY Midcap 10057,333.45+303.55+0.53%
Index levels, mid-session, 28 October 2026

Nifty 50: the bigger picture

MeasureValue
Last 5 sessions−0.61%
Last 20 sessions−1.69%
20-session high23,146.15
20-session low22,231.80
Below the 20-session high1.71%
Current run1 session down in a row
Nifty 50 over recent sessions, to 27 Oct

Who is Leading and Lagging

Sectoral performance is highly polarized today. Nifty Media leads the pack with a gain of +1.20%, followed by Nifty Auto at +1.08% and Nifty Pharma at +0.97%. Conversely, Nifty Oil & Gas is the biggest laggard, falling −1.96%, closely trailed by Nifty IT at −1.92%.

Sector indexChange %
Nifty Media+1.20%
Nifty Auto+1.08%
Nifty Pharma+0.97%
Nifty Healthcare Index+0.97%
Nifty Bank+0.61%
Nifty Financial Services+0.47%
Nifty Chemicals Index+0.21%
Nifty India Consumption+0.10%
Nifty PSU Bank+0.09%
Nifty Metal+0.07%
Nifty Infrastructure−0.10%
Nifty PSE−0.33%
Nifty CPSE−0.42%
Nifty Energy−0.59%
Nifty Realty−0.60%
Nifty FMCG−0.88%
Nifty IT−1.92%
Nifty Oil & Gas−1.96%
Sector indices, 28 October 2026, best first
StockPriceChange %
Larsen & Toubro Ltd.₹3,801.2+3.71%
Apollo Hospitals Enterprise Ltd.₹8,059+3.43%
SBI Life Insurance Company Ltd.₹1,668.2+2.16%
Interglobe Aviation Ltd.₹4,690.1+2.04%
Trent Ltd.₹2,873.7+1.88%
Top gainers
StockPriceChange %
Infosys Ltd.₹1,119.6−3.73%
Reliance Industries Ltd.₹1,165.8−2.54%
Oil & Natural Gas Corporation Ltd.₹224.35−2.39%
Bharat Petroleum Corporation Ltd.₹288.75−2.32%
Tata Consultancy Services Ltd.₹2,457.3−1.59%
Top losers

Under the Hood

Market activity is highlighted by significant volume spikes in specific counters. Aarti Drugs Ltd. is seeing volumes 56.2x its 20-session average, while Piramal Pharma Ltd. trades at 41.8x its usual volume. Investors are also tracking 52-week extremes, with Piramal Pharma Ltd. hitting a new high at ₹232.3, while AWL Agri Business Ltd. touched a 52-week low at ₹166.36.

StockPriceChange %
Piramal Pharma Ltd.₹232.3+16.90%
Acutaas Chemicals Ltd.₹3,740−1.41%
Sona BLW Precision Forgings Ltd.₹878.15+3.09%
Laurus Labs Ltd.₹2,171.7+1.39%
The Indian Hotels Company Ltd.₹813.35+0.06%
Touched a 52-week high (10 of 431 liquid stocks scanned)
StockPriceChange %
HDFC Bank Ltd.₹685.3+0.75%
Waaree Energies Ltd.₹2,279.1+0.18%
ITC Ltd.₹256.85−1.21%
Voltas Ltd.₹1,013.1+7.07%
AWL Agri Business Ltd.₹166.36−5.66%
Touched a 52-week low (18 of 431)
Stock vs averageChange %
Aarti Drugs Ltd.56.2x+11.10%
Piramal Pharma Ltd.41.8x+16.90%
United Breweries Ltd.18.6x+6.37%
Syngene International Ltd.17.9x+11.71%
FDC Ltd.11.9x+4.68%
Heavy volume against the 20-session average

The Money Side

Institutional participation remains a key driver of current price action. In the most recent session data, FIIs were net buyers at +4,240.39 cr, while DIIs were net sellers at −1,250.03 cr. Over the last five sessions, the cumulative net flow stands at +1,229 cr for FIIs and +9,101 cr for DIIs.

Session net 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)

The Rest of the Day

Today’s calendar is busy with 30 Nifty 500 companies, including Adani Enterprises Ltd. and Bandhan Bank Ltd., holding results board meetings. Several IPOs are active, including Ajwa Projects Ltd. and Carver Roboweld Ltd. opening for bidding, while EAAA India Alternatives Ltd. closes its subscription. Additionally, Cyient Ltd. and Nippon Life India Asset Management Ltd. are trading ex-dividend today.

On the calendar today, Wednesday, 28 October

CompanyAlso considering a dividend
Acme Solar Holdings Ltd.—
Adani Enterprises Ltd.—
Adani Ports and Special Economic Zone Ltd.—
Anant Raj Ltd.—
Bandhan Bank Ltd.—
Birlasoft Ltd.Yes
CarTrade Tech Ltd.—
Craftsman Automation Ltd.—
City Union Bank Ltd.—
eClerx Services Ltd.—
Force Motors Ltd.—
GMR Airports Ltd.—
Results due on Wednesday, 28 October (12 of 30 shown)
CompanyWhat happensPrice band
Ajwa Projects Ltd.Opens for bidding—
Carver Roboweld Ltd.Opens for bidding₹76 to ₹80
MK Sons Fine Jewels Ltd.Opens for bidding₹153 to ₹162
EAAA India Alternatives Ltd.Last day to bid₹1585 to ₹1665
Jio Platforms Ltd.Lists on the exchanges₹1065 to ₹1119
Paras Healthcare Ltd.Lists on the exchanges₹660 to ₹693
IPOs on the calendar
CompanyEventDetail
Cyient Ltd.dividend₹12 per share
Nippon Life India Asset Management Ltd.dividend₹9.5 per share
Trading ex-date

The intraday data reflects a cautious mood as market participants balance sector-specific momentum against the broader index weakness.