The Indian equity markets faced a session of consolidation on Thursday, October 22, 2026, with the Nifty 50 index shedding 87 points to settle at 22724.05. The Nifty Bank also saw mild weakness, closing at 54834.15, down 0.26%.

Top Gainers

Company Price Change%
Bajaj Auto 10206 +1.33
Hero MotoCorp 5212 +1.14
Larsen & Toubro 3673.8 +1.04
Bharti Airtel 1908.3 +0.88
ICICI Bank 1396.2 +0.81

The auto sector led the day’s gains, with Bajaj Auto and Hero MotoCorp attracting buying interest. Bajaj Auto shares moved higher following news of its latest sales performance, while L&T shares rose after the company secured significant new orders for government infrastructure projects in New Delhi and Andhra Pradesh.

Top Losers

Company Price Change%
Nestle India 1194.3 -2.42
Coal India 398.45 -2.22
Tata Motors PV 270.55 -1.87
Power Grid 248.25 -1.55
HDFC Life 531.35 -1.54

Selling pressure was evident in the consumer goods and technology sectors, with Nestle India and Tata Consumer Products both ending in the red. IT majors including Tech Mahindra and TCS also saw declines, reflecting a broader caution across large-cap growth stocks. The divergence between auto strength and consumer weakness suggests a selective approach to portfolio rotation among market participants.