Indian Stock Market Today |Indian benchmark indices staged a strong recovery on Thursday, 29 October 2026, supported by broad-based buying across most sectors. Positive global cues, strong corporate earnings and the US Federal Reserve's decision to keep interest rates unchanged boosted investor confidence.

The Nifty 50 advanced 237.90 points, or 1.05%, to close at 22,936.75, while the Sensex surged 905.01 points, or 1.24%, to settle at 74,151.04. Bank Nifty also gained 642.25 points, or 1.18%, to close at 54,909.65.

Realty (+2.75%) and FMCG (+2.34%) led sectoral gains, followed by Consumer Durables (+1.18%), Financial Services (+1.17%) and Energy (+1.01%). Auto (-0.24%) was the only declining sector in the supplied heatmap.

Adani Ports, Adani Enterprises and Kotak Mahindra Bank emerged as the leading gainers, while Trent, Maruti Suzuki and Bajaj Auto ended lower.

The rally followed the Federal Reserve's decision to maintain interest rates at 3.75%–4.00%. Strong quarterly earnings and a slight decline in crude oil prices also supported sentiment. However, Brent crude remained elevated near $114 per barrel, keeping inflation concerns in focus.

At the Closing Bell:

• Nifty 50: 22,936.75, up 237.90 points (+1.05%)
• BSE Sensex: 74,151.04, up 905.01 points (+1.24%)
• Bank Nifty: 54,909.65, up 642.25 points (+1.18%)

Why Did the Indian Stock Market Rise Today?

Realty Sector Leads the Market Rally

The Realty sector surged 2.75%, emerging as the strongest performer in the supplied heatmap.

Buying interest returned to real estate stocks after the previous session's decline. Improved market sentiment and expectations of stable interest rates supported the recovery.

The sector's strong performance reflected renewed investor confidence in rate-sensitive businesses.

FMCG Sector Records Strong Gains

FMCG advanced 2.34%, becoming the second-best-performing sector.

Consumer-focused stocks attracted buying interest amid expectations of resilient domestic demand. Hindustan Unilever also gained during the session.

The sector's recovery helped strengthen broader market momentum and indicated renewed interest in consumption-oriented businesses.

Financial Services Strengthens as Bank Nifty Rallies

Financial Services gained 1.17%, supported by buying in major banking stocks.

Bank Nifty advanced 1.18% to 54,909.65, outperforming the Nifty 50. Kotak Mahindra Bank emerged as a leading gainer, rising 4.32%.

Strong participation from banking heavyweights provided significant support to the benchmark indices.

Consumer Durables Continues Positive Momentum

Consumer Durables advanced 1.18%, extending its gains from the previous session.

Buying interest in consumer discretionary businesses supported the sector. The positive performance reflected confidence in domestic consumption despite global uncertainty.

Energy Sector Rebounds

The Energy sector gained 1.01%, recovering from Wednesday's decline.

Power and energy-related stocks attracted buying interest, with NTPC and Power Grid among the notable performers.

The recovery came despite Brent crude remaining above $114 per barrel, highlighting selective buying in the sector.

IT Sector Recovers from Previous Session's Losses

IT advanced 0.99%, reversing part of Wednesday's 1.98% decline.

Technology stocks benefited from improved global sentiment following the Federal Reserve's decision to maintain interest rates.

The recovery helped support the Nifty, although concerns over overseas technology spending remained relevant.

Metal Sector Records Moderate Gains

The Metal sector gained 0.67%, recovering from the previous session's weakness.

Improved sentiment supported commodity-linked stocks. However, uncertainty around global demand and commodity prices continued to limit enthusiasm.

Pharma Sector Maintains Positive Momentum

Pharma advanced 0.64%, extending its gains for another session.

Healthcare and pharmaceutical stocks attracted selective buying interest. The sector remained positive, although it underperformed the broader market rally.

Auto Sector Emerges as the Only Loser

Auto declined 0.24%, making it the only negative sector in the supplied heatmap.

Maruti Suzuki fell 1.32%, while Bajaj Auto declined 0.97%. Selling in major automobile stocks weighed on sector performance.

The weakness reflected selective profit booking following the sector's strong gains on Wednesday.

Market Overview – Sector & Stock Action Summary

Indian markets closed sharply higher on Thursday, 29 October 2026, as Nifty gained 1.05% and Sensex surged 1.24%. Bank Nifty also advanced 1.18%.

Realty (+2.75%) and FMCG (+2.34%) led the rally, while Consumer Durables (+1.18%), Financial Services (+1.17%) and Energy (+1.01%) recorded healthy gains.

Auto (-0.24%) was the only sector to close lower, dragged by weakness in Maruti Suzuki and Bajaj Auto.

Adani Ports rallied 6.29%, supported by strong quarterly earnings and an improved operating outlook. Adani Enterprises and Kotak Mahindra Bank also recorded significant gains.

The rally was supported by the Federal Reserve's policy pause, positive earnings developments and improved investor sentiment. Broader markets also participated, with midcap and smallcap indices gaining around 1%.

Overall, Thursday's session reflected a broad-based recovery after recent selling pressure. However, elevated crude prices and geopolitical uncertainty remained important risks.

Key Sector Performance Snapshot

• Realty (+2.75%): Led the rally as buying returned to interest-rate-sensitive stocks.
• FMCG (+2.34%): Gained on renewed interest in consumption-oriented businesses.
• Consumer Durables (+1.18%): Extended gains amid positive domestic demand sentiment.
• Financial Services (+1.17%): Strengthened as banking stocks rallied, with Bank Nifty gaining 1.18%.
• Energy (+1.01%): Recovered as buying emerged in power and energy stocks.
• IT (+0.99%): Rebounded following the Federal Reserve's policy announcement.
• Metal (+0.67%): Recorded moderate gains amid improved market sentiment.
• Pharma (+0.64%): Maintained positive momentum with selective healthcare buying.
• Auto (-0.24%): Was the only declining sector, dragged by Maruti Suzuki and Bajaj Auto.
  
  Overall, Realty and FMCG led sectoral gains on 29 October 2026, while Auto remained the sole laggard.

Top Gainers

- ADANIPORTS: +6.29% → Adani Ports surged ₹110.70 to ₹1,872.00, emerging as the leading gainer. Strong quarterly results, higher cargo volumes and an improved operating-profit outlook supported buying interest.

- ADANIENT: +5.17% → Adani Enterprises advanced ₹128.10 to ₹2,607.90. Positive quarterly earnings supported investor confidence and helped the stock outperform the broader market.

- KOTAKBANK: +4.32% → Kotak Mahindra Bank gained ₹19.00 to ₹459.00. Strong buying in banking stocks supported the rally, with Bank Nifty advancing 1.18%.

Top Losers

- TRENT: -1.79% → Trent declined ₹52.20 to ₹2,861.70, emerging as the biggest loser in the supplied snapshot. The stock witnessed selling pressure despite the broader market rally, reflecting stock-specific weakness.

- MARUTI: -1.32% → Maruti Suzuki fell ₹153.00 to ₹11,426.00. Selling in automobile stocks weighed on the counter as the Auto sector declined 0.24%, underperforming the broader market.

- BAJAJ-AUTO: -0.97% → Bajaj Auto declined ₹102.00 to ₹10,383.00. The stock remained under pressure amid selective profit booking in the automobile sector, even as most other sectors advanced.

Technical Analysis: Nifty & Bank Nifty Levels

NIFTY 50: Opened 8 points lower at 22,690 reached a high of 22,961 and closed at 22,936.

• Immediate Support: 22,800
• Immediate Resistance: 23,000

BANK NIFTY: Opened 92 points lower at 54,175, reached a high of 54,980 and closed at 54,909.

• Immediate Support: 54,600
• Immediate Resistance: 55,300

World Markets, Crude & Gold Prices – 29 October 2026

Global Equities

Global equity markets traded mixed on Thursday, 29 October 2026, as investors reacted to the US Federal Reserve's decision to maintain interest rates at 3.75%–4.00%. Gains on Wall Street supported sentiment, while mixed technology earnings and geopolitical concerns kept investors cautious.

Asian markets witnessed mixed movements. South Korea's Kospi declined approximately 2.4% during Thursday's trading after a strong rally in the previous session. China's Shenzhen index fell around 2.2%, while Taiwan's market lost approximately 1.4%. Japan's Nikkei remained relatively flat, while Australia's ASX 200 gained around 0.4%.

European equities had ended marginally higher on Wednesday. Germany's DAX advanced approximately 0.44%, while the UK's FTSE 100 gained 0.07%. The broader Stoxx Europe 600 remained nearly unchanged as investors assessed corporate earnings, inflation risks and monetary policy developments.

In the U.S., Wall Street closed higher on Wednesday, 28 October. The S&P 500 advanced 0.28%, the Nasdaq Composite gained 0.27%, and the Dow Jones rose 0.19%. Technology stocks supported the rally after the Federal Reserve kept interest rates unchanged. However, mixed earnings from major technology companies continued to influence sentiment.

Market participants remained focused on:

• Federal Reserve guidance and expectations for future interest rates
• Quarterly earnings from major US technology companies
• Artificial intelligence investments and semiconductor demand
• Middle East geopolitical tensions and energy supply risks
• Elevated crude oil prices and global inflation
• US Treasury yields, dollar movements and economic growth

Overall, global sentiment remained cautiously positive following Wall Street's gains. However, weakness in select Asian markets, mixed technology earnings and elevated energy prices continued to limit risk appetite.

Crude Oil

BRENT CRUDE (USD/BBL)

$115.038

−$0.485 (−0.42%)

Brent crude traded around $115.04 per barrel, declining 0.42% in the latest supplied market snapshot.

Oil prices edged lower on Thursday as investors assessed diplomatic developments in the Middle East and their potential impact on global energy supplies.

The decline followed Wednesday's rebound, when Brent moved above $116 per barrel in the earlier supplied snapshot. Despite the pullback, crude remained elevated amid concerns over regional tensions and possible supply disruptions.

Diplomatic signals involving the US and Iran offered some hope of easing geopolitical risks. However, uncertainty around negotiations and shipping routes continued to support volatility.

Investors also monitored OPEC+ production decisions, US crude inventories and global demand expectations. These factors remained important for the near-term direction of oil prices.

For India, crude oil above $115 per barrel remains a concern. Elevated prices can increase import costs, inflationary pressure and the trade deficit. Fuel-intensive sectors such as aviation, logistics, paints and chemicals may also face higher operating costs.

Oil prices will continue to track:

• Middle East tensions and Strait of Hormuz shipping risks
• US–Iran diplomatic developments
• OPEC+ production decisions and global oil supply
• US crude inventories and international demand
• Federal Reserve policy and global inflation expectations

Overall, Brent crude declined 0.42% to approximately $115.04 per barrel. The correction indicated some easing in immediate buying pressure, although geopolitical risks continued to keep prices elevated.

Gold Prices

GOLD SPOT – XAU/USD (USD/OZ)

$4,031.23

−$36.28 (−0.89%)

Gold traded around $4,031.23 per ounce, declining 0.89% in the latest supplied market snapshot.

Gold prices weakened on Thursday as investors reassessed the Federal Reserve's interest-rate outlook. The central bank maintained rates at 3.75%–4.00%, while continuing to highlight elevated inflation risks.

The Federal Reserve's cautious policy stance kept attention on US Treasury yields and future borrowing costs. Higher yields can reduce the appeal of non-yielding assets such as gold.

Improved sentiment in US equities also reduced immediate safe-haven demand. Wall Street had ended higher on Wednesday, supported by technology stocks and the Federal Reserve's policy pause.

Despite the decline, gold remained above the psychological $4,000-per-ounce level. Geopolitical tensions in the Middle East continued to provide underlying support.

Gold prices also remained sensitive to US dollar movements, Treasury yields and expectations surrounding future interest-rate decisions.

Gold prices will continue to track:

• Federal Reserve decisions and future rate expectations
• US inflation, employment and economic growth data
• Treasury yields and US dollar movements
• Middle East tensions and safe-haven demand
• Global equity sentiment and investor risk appetite
• Central bank purchases and gold ETF investment flows

Overall, gold declined 0.89% to approximately $4,031.23 per ounce. The weakness reflected pressure from monetary policy uncertainty and reduced safe-haven demand. However, geopolitical risks and gold's ability to remain above $4,000 continued to attract investor attention.

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