The Nifty 50 closed at 22,626.25, marking a decline of -0.54% on Wednesday, October 28, 2026. While the broader market struggled, the Nifty Bank index managed to stay in positive territory, gaining +0.26% to close at 54,115.70.

Nifty 50
22,626.25
−0.54% · −123.50 pts
Day range
22,498–22,692
Opened 22,678.00
India VIX
16.57
+1.01% on the day
Last 5 sessions
−0.61%
Nifty 50 change

The 60-Second Version

  • Larsen & Toubro led the gainers with a +3.87% rise following a 33% profit jump.
  • Infosys faced the sharpest decline, falling -4.90% during the session.
  • The Nifty IT index was the day’s worst performer, dropping -3.24%.
  • Healthcare and Pharma sectors provided a buffer, both gaining nearly 1%.
  • India VIX rose +1.01%, signaling increased volatility in the markets.
Index Close Change Change %
Nifty Bank 54,115.70 +140.80 +0.26%
Nifty 50 22,626.25 −123.50 −0.54%
Index levels, 28 October 2026

Who Carried the Rally?

Larsen & Toubro Ltd. (LT) emerged as the top performer, climbing +3.87% to ₹3,807. The move follows the company’s report of a 33% rise in Q2 consolidated net profit, with total consolidated income increasing by 16.85%. Apollo Hospitals Enterprise Ltd. (APOLLOHOSP) also saw significant interest, gaining +3.30% to reach ₹8,048.5. Other notable gainers included SBI Life Insurance Company Ltd. (SBILIFE), which rose +1.73% after reporting an 11% increase in its Q2 net profit, alongside auto majors Bajaj Auto Ltd. (+1.72%) and Hero MotoCorp Ltd. (+1.50%).

Stock Price Change %
Larsen & Toubro Ltd. ₹3,807 +3.87%
Apollo Hospitals Enterprise Ltd. ₹8,048.5 +3.30%
SBI Life Insurance Company Ltd. ₹1,661.3 +1.73%
Bajaj Auto Ltd. ₹10,569 +1.72%
Hero MotoCorp Ltd. ₹5,297 +1.50%
Trent Ltd. ₹2,858.3 +1.34%
Cipla Ltd. ₹1,365.5 +1.15%
State Bank Of India ₹955.5 +1.10%
Interglobe Aviation Ltd. ₹4,645.2 +1.06%
Eicher Motors Ltd. ₹7,237.5 +1.01%
Top gainers
Stock Price Change %
Infosys Ltd. ₹1,106 −4.90%
Tata Consultancy Services Ltd. ₹2,410.1 −3.48%
Tech Mahindra Ltd. ₹1,752.1 −3.27%
HCL Technologies Ltd. ₹1,383.2 −2.59%
Oil & Natural Gas Corporation Ltd. ₹224 −2.55%
Bharat Petroleum Corporation Ltd. ₹288.55 −2.38%
Hindustan Unilever Ltd. ₹1,779 −2.15%
Bharti Airtel Ltd. ₹1,942.8 −1.82%
Bajaj Finserv Ltd. ₹1,648 −1.73%
Reliance Industries Ltd. ₹1,175.7 −1.71%
Top losers

Where the Money Moved

The IT sector bore the brunt of the selling pressure today. Infosys Ltd. (INFY) led the losers with a -4.90% drop to ₹1,106. It was closely followed by Tata Consultancy Services Ltd. (TCS), which fell -3.48%, and Tech Mahindra Ltd. (TECHM), down -3.27%. HCL Technologies Ltd. (HCLTECH) also finished lower by -2.59%. Additionally, energy-related stocks like ONGC (-2.55%) and BPCL (-2.38%) contributed to the downward trend in the Nifty 50.

Sector index Change %
Nifty Healthcare Index +0.96%
Nifty Pharma +0.92%
Nifty Auto +0.78%
Nifty Bank +0.17%
Nifty Financial Services +0.01%
Nifty Chemicals Index −0.18%
Nifty PSU Bank −0.22%
Nifty Media −0.25%
Nifty Infrastructure −0.33%
Nifty India Consumption −0.45%
Nifty Metal −0.48%
Nifty PSE −0.70%
Nifty CPSE −0.75%
Nifty Realty −0.76%
Nifty Energy −0.97%
Nifty FMCG −1.36%
Nifty Oil & Gas −2.08%
Nifty IT −3.24%
Sector indices, 28 October 2026, best first

Beyond the List

Trading activity saw significant volume spikes in stocks like Aarti Drugs Ltd., which traded at 39.2 times its 20-session average volume, gaining +11.05%. Piramal Pharma Ltd. also saw elevated interest at 28.3 times its average volume, rising +14.38%. On the 52-week low front, HDFC Bank Ltd. showed resilience with a +0.25% gain despite hitting a new low, while AWL Agri Business Ltd. dropped -8.25%. A notable block deal occurred in TVSHLTD, involving ₹824 crore at ₹10,905.

Stock Price Change %
Acutaas Chemicals Ltd. ₹3,726.6 −1.76%
Sona BLW Precision Forgings Ltd. ₹872.8 +2.46%
Laurus Labs Ltd. ₹2,189.2 +2.20%
Shukra Medtech Ltd. ₹75.01 +4.85%
Steamhouse India Ltd. ₹143.36 +1.93%
Touched a 52-week high (7 of 343 liquid stocks scanned)
Stock Price Change %
HDFC Bank Ltd. ₹681.9 +0.25%
Waaree Energies Ltd. ₹2,212.9 −2.73%
ITC Ltd. ₹256.05 −1.52%
Voltas Ltd. ₹982.3 +3.82%
AWL Agri Business Ltd. ₹161.8 −8.25%
Touched a 52-week low (13 of 343)
Stock Volume vs average Change %
Aarti Drugs Ltd. 39.2x +11.05%
Piramal Pharma Ltd. 28.3x +14.38%
United Breweries Ltd. 15.5x +7.58%
FDC Ltd. 10.4x +6.40%
Syngene International Ltd. 7.7x +6.06%
Heavy volume against the 20-session average

On the Calendar

The market continues to monitor corporate results, with 30 Nifty 500 companies scheduled to report today, including Adani Enterprises Ltd., Adani Ports, and Bandhan Bank Ltd. Several IPOs are also in focus: Ajwa Projects Ltd., Carver Roboweld Ltd., and MK Sons Fine Jewels Ltd. are now open for bidding. Meanwhile, investors should note that Cyient Ltd. and Nippon Life India Asset Management Ltd. are trading ex-dividend today.

Stock Side Price Change %
Standard Engineering Technology Ltd. Upper ₹386.8 +4.99%
Hero Motors Ltd. Upper ₹116.51 +4.99%
Xtranet Technologies Ltd. Upper ₹276.25 +5.00%
Websol Energy System Ltd. Upper ₹69.99 +5.00%
Rhetan TMT Ltd. Lower ₹14.13 −4.98%
KRN Heat Exchanger And Refrigeration Ltd. Upper ₹1,178.9 +5.00%
Indo US Bio-Tech Ltd. Upper ₹86.84 +19.99%
Stocks that hit a circuit limit
Stock Value Price
TVSHLTD ₹824 cr ₹10,905
Block deals, 27 Oct

On the calendar today, Wednesday, 28 October

Company Also 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)
Company What happens Price 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
Company Event Detail
Cyient Ltd. dividend ₹12 per share
Nippon Life India Asset Management Ltd. dividend ₹9.5 per share
Trading ex-date

The divergence between the strong performance of infrastructure and healthcare stocks against the sharp decline in IT highlights a day of sector-specific rotation rather than a broad market trend.

Nifty 50: the bigger picture

Measure Value
Last 5 sessions −0.61%
Last 20 sessions −1.69%
20-session high 23,146.15
20-session low 22,231.80
Below the 20-session high 1.71%
Current run 1 session down in a row
Nifty 50 over recent sessions, to 27 Oct