Market snapshot date: Thursday, 29 October 2026
Market: Indian securities markets
Coverage: Indian stock market analysis - NIFTY 50, Sensex, Bank NIFTY, mid-cap and small-cap indices, India VIX, options open interest, stock gainers and losers, IPOs and technical levels.
The Indian stock market closed higher on 29 October 2026, with the NIFTY 50 rising 1.05% to 22,936.75 and the BSE Sensex gaining 905.01 points to close at 74,151.04. Banking stocks, Adani Group shares and selected heavyweight stocks supported the recovery. We will go through these along with India VIX, OI positioning in derivatives, market breadth and upcoming IPOs in today's market snapshot.
Daily Market Snapshot: Key Takeaways
- The NIFTY 50 closed at 22,936.75, up 1.05%.
- The Sensex gained 905.01 points to close at 74,151.04.
- Bank NIFTY outperformed the NIFTY 50, gaining 1.18%.
- Mid-cap and small-cap indices also closed higher.
- Adani Ports was the leading NIFTY 50 gainer, while Trent was among the leading losers.
- The US Federal Reserve decision, company earnings and global crude prices were among the key market drivers.
- NIFTY options open interest showed notable positioning at the 23,500 call strike and 22,000 put strike.
- On the daily timeline, we have seen four green candles and for the first time in a while, we have seen the close significantly above the previous day’s high
- Today’s close has also clearly beaten the Ichimoku Base Line which augers well
1. Indian Stock Market Today: Closing Summary
Indian benchmark indices ended Thursday's session on strongly positive, closing at the day’s high; seemingly recovering after recent weakness. The NIFTY 50 advanced 237.90 points, while the Sensex gained more than 900 points.
| Market indicator | Open | High | Low | Closing value | Daily change |
| NIFTY 50 | 22,690.65 | 22,961.95 | 22,656.75 | 22,936.75 | +1.05% |
| BSE Sensex | 73,268.47 | 74,166.16 | 73,181.90 | 74,151.04 | +1.24% |
| Bank NIFTY | 54,175.60 | 54,976.80 | 54,106.20 | 54,909.65 | +1.18% |
| NIFTY Midcap 100 | 57,340.25 | 57,841.65 | 57,242.35 | 57,841.65 | +0.99% |
| NIFTY Smallcap 100 | 18,663.15 | 18,842.25 | 18,575.15 | 18,811.35 | +0.95% |
Source: TradingView. Official reference: NSE Historical Index Data.
Observations: Large-cap and banking indices outperformed the mid-cap and small-cap benchmarks even as the broader market advanced, indicating that the recovery extended beyond the the NIFTY50 or BSE500. This bodes well and should give investors some level of confidence which is also reflected today in the INDIAVIX movement – moving 6.9% lower.
NIFTY 50 Today:
The NIFTY 50 closed at 22,936.75, gaining 237.90 points or 1.05% on the day.
| NIFTY 50 data | Value |
| Previous close | 22,698.85 |
| Open | 22,690.65 |
| Day's high | 22,961.95 |
| Day's low | 22,656.75 |
| Closing value | 22,936.75 |
| Points gained | +237.90 |
| Percentage change | +1.05% |
Official reference: NSE Historical Index Data.
The NIFTY 50 recovered from its intraday low and finished close to the session high. This was one of the key features of Thursday's market session.
Bank NIFTY Today: Banking Stocks Support the Market
Bank NIFTY gained 642.25 points, or 1.18%, to close at 54,909.65.
| Bank NIFTY data | Value |
| Open | 54,175.60 |
| High | 54,976.80 |
| Low | 54,106.20 |
| Close | 54,909.65 |
| Points gained | +642.25 |
| Percentage change | +1.18% |
Official reference: NSE Historical Index Data. BSE Sensex reference: BSE India.
Bank NIFTY outperformed the NIFTY 50 in percentage terms. Though BANKNIFTY's performance was consistent with the broader recovery in financial stocks, it seems to me a little muted considering the average movement we are used to vis-à-vis NIFTY and BANKNIFTY.
Sensex, Mid-Cap and Small-Cap Market Performance
The Sensex recorded the strongest percentage gain among the five headline indices listed in this report.
The mid-cap and small-cap indices also closed higher, although their gains were slightly lower than those of the NIFTY 50 and Bank NIFTY.
India VIX Today: What story does it tell?
INDIAVIX - the volatility index was reported down (-6.94%) – showing some confidence returning to the markets. A sharp decline in India VIX together with higher market prices, could be an indication indicate that options markets were pricing in the lower near-term volatility.
Reference: NSE Historical Reports — India VIX and Indices.
Keep in mind though - VIX measures expected volatility, not market direction. Lower VIX alongside rising indices we see today is consistent with improving sentiment; we will continue to follow these numbers in the coming days.
NIFTY Options Data Today: Open Interest & PCR
| Indicator | Reported value |
| NIFTY spot close | 22,936.75 |
| Expiry | 3 November 2026 |
| Open-interest PCR | 1.45 |
| Highest call OI strike | 23,500 (resistence) |
| Highest put OI strike | 22,000 (support) |
| ATM implied volatility | 14.1% |
Official references:
What the options data shows
- PCR: The Put-Call ratio being above 1, means that put open interest exceeded call open interest under this calculation.
- Call OI: The 23,500 strike had the highest reported call open interest.
- Put OI: The 22,000 strike had the highest reported put open interest.
NIFTY 50 Top Gainers and Top Losers Today
Adani Ports led the NIFTY 50 gainers, while Trent was among the leading losers.NIFTY 50 — Top 5 Gainers and Losers
Date: 29 October 2026 | Market close
Top 5 Gainers
| Rank | NSE Ticker | Company Name | Previous Close (₹) | Close (₹) | Change |
|---|---|---|---|---|---|
| 1 | ADANIPORTS | Adani Ports and SEZ | 1,761.30 | 1,872.00 | +6.29% |
| 2 | ADANIENT | Adani Enterprises | 2,479.80 | 2,607.90 | +5.17% |
| 3 | KOTAKBANK | Kotak Mahindra Bank | 440.00 | 459.00 | +4.32% |
| 4 | ETERNAL | Eternal Ltd. | 326.00 | 337.85 | +3.63% |
| 5 | POWERGRID | Power Grid Corporation of India | 251.40 | 260.00 | +3.42% |
Top 5 Losers
| Rank | NSE Ticker | Company Name | Previous Close (₹) | Close (₹) | Change |
|---|---|---|---|---|---|
| 1 | TRENT | Trent Ltd. | 2,913.90 | 2,861.70 | −1.79% |
| 2 | MARUTI | Maruti Suzuki India | 11,579.00 | 11,426.00 | −1.32% |
| 3 | BAJAJ-AUTO | Bajaj Auto | 10,485.00 | 10,383.00 | −0.97% |
| 4 | SBILIFE | SBI Life Insurance | 1,666.70 | 1,652.00 | −0.88% |
| 5 | EICHERMOT | Eicher Motors | 7,300.00 | 7,238.00 | −0.85% |
References
NSE Live Equity Market: https://www.nseindia.com/market-data/live-equity-market
NSE Top Gainers and Losers: https://www.nseindia.com/market-data/top-gainers-losers
Official reference: NSE Live Equity Market and NSE Historical Reports.
What moved the stocks today?
Adani Ports gained 6.29% following its quarterly results and improved operating-profit outlook. Adani Enterprises also advanced. Power Grid and Kotak Mahindra Bank were among the other notable gainers.
On the losing side, Trent, Maruti Suzuki and Bajaj Auto recorded declines despite the positive broader market.
Major News Driving the Indian Stock Market Today
US Federal Reserve decision
The US Federal Reserve kept its policy rate unchanged at 3.75%–4.00%. This decision is among ones that have helped the US customers and Indices stay steady resulting in the optimism seen in our markets as well.
Adani Ports earnings
Adani Ports advanced after reporting a year-on-year increase in quarterly profit and stronger cargo volumes. The company also improved its operating-profit outlook.
Banking and IT stocks
Banking and IT shares participated in the market advance. Bank NIFTY gained 1.18%, while the NIFTY 50 rose 1.05%.
Crude oil and global risks
Brent crude was reported lower by approximately 0.8%, at around $114.40 per barrel; this still remains an elevated price point and geopolitical supply risks remained relevant concerns for Indian markets with the continued uncertainty in the Middle East.
Active and Upcoming IPOs in India
The IPO calendar is an important part of the daily Indian stock market update.
| IPO | Reported status |
| BLS Polymers | Reported closing date: 29 October 2026 |
| SFC Environmental Technologies | Reported closing date: 29 October 2026 |
| M. K. Sons Fine Jewels | Reported issue period includes 30 October 2026 |
| Bombay Coated & Special Steels | Reported opening date: 29 October 2026 |
| Wiscon Industries | Reported closing date: 29 October 2026 |
Official reference: NSE Issue Information — IPOs.
NIFTY 50 and Bank NIFTY Levels to Watch
The following are draft technical reference zones based on the reported session ranges.
| Index | Support zone | Resistance zone |
| NIFTY 50 | 22,650–22,700 | 22,960–23,000 |
| Bank NIFTY | 54,050–54,200 | 54,980–55,200 |
| NIFTY Midcap 100 | 57,240–57,350 | 57,840–58,000 |
| NIFTY Smallcap 100 | 18,575–18,665 | 18,840–19,000 |
Official reference: NSE Historical Index Data.
Today's Indian stock market summary: Thursday's session ended with a broad recovery across the major indices. Even though banking stocks and selected heavyweight shares contributed to the advance the mid-cap and small-cap benchmarks also recorded gains.
Link to yesterday's recap: https://raharishchandan.com/indian-stock-market-analysis-for-28-oct-2026/
SEBI Research Analyst Disclaimer
Research Analyst: S. Harish Chandan
Registration status: SEBI Registered Research Analyst
SEBI Registration Number: INH000012768 | BSE Enlistment: 5826
Whatsapp Contact Number: +91 88944 66882
Publication date: 29 October 2026
This report contains market information, financial data and general market observations based on publicly available sources. Reasonable care has been taken in preparing the report, but the information may contain errors, omissions or delays. Readers should verify material data against the relevant exchange records and original company disclosures.
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Index levels, derivatives data, open interest, PCR, implied volatility and technical reference zones are analytical measures and may change as market conditions evolve. They should not be treated as certain predictions.
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