Nifty 50 opens from 22,749.75 after a 0.02% decline

The session

Where the market stands

Key drivers

Market breadth

Currency, commodities & rates

Currency, commodities and rates

• USD/INR: 95.12, rupee weaker by 0.19% on the session
• India VIX: 16.40 (-4.4%)
• Gold (rupee terms): -0.42% on the session, -3.5% over five sessions

Key drivers

Markets

• IT stocks crash! Infosys, TCS, Wipro, HCL Tech - Nifty IT tanks over 2% today, biggest sectoral loser - What lies ahead?. Indian IT stocks fell sharply on October 27, with the Nifty IT index down 2.3%, as investors weighed AI-driven disruption, global uncertainty and elevated valuations. (LiveMint Markets)
• Markets end flat ahead of Fed decision; FPIs buy shares worth ₹4,240 crore. Benchmark stock indices Sensex and Nifty closed largely unchanged in a highly volatile trade on Tuesday amid profit-taking in IT and blue-chip banking shares, elevated crude oil prices and caution ahead of the US Federal Reserve's policy decision. (Business Standard Mkts)
• Stock Market Today: Sensex Falls Over 200 Points, Nifty 50 Around 22,700; F&O Expiry, Q2 Results In Focus. Among sectors, Nifty IT, Nifty FMCG, Nifty Oil & Gas and Nifty Private Bank indices witnessed losses, while Nifty Auto, Nifty Pharma, Nifty PSU Bank and Nifty Realty were in the green. (NDTV Profit)
• Stocks in news: Jio Platforms, RIL, Infosys, L&T, Tata Capital, Waaree Energies and Vedanta Iron. Indian benchmark indices saw a volatile session amid the Nifty and Bank Nifty monthly expiry. Stocks like Jio Platforms made headlines following its IPO debut after raising significant funds. (ET Stocks)

Read more IT stocks crash! Infosys, TCS, Wipro, HCL Tech - Nifty IT tanks over 2% today, biggest sectoral loser - What lies ahead? · Markets end flat ahead of Fed decision; FPIs buy shares worth ₹4,240 crore · Stock Market Today: Sensex Falls Over 200 Points, Nifty 50 Around 22,700; F&O Expiry, Q2 Results In Focus · Stocks in news: Jio Platforms, RIL, Infosys, L&T, Tata Capital, Waaree Energies and Vedanta Iron

Economy & policy

Economy and policy

• India's growth momentum stays resilient despite global headwinds: RBI Deputy Governor Poonam Gupta. Reserve Bank Deputy Governor Poonam Gupta indicated that India's real GDP growth fell short due to external shocks. She highlighted that India has managed over 7 percent growth despite challenging circumstances in recent years. (ET Stocks)
• No standardised CAS template worldwide: Sebi Whole-time Member K V R Murty. At the BFSI Insight Summit 2026, Sebi's KVR Murty said retail F&O traders may need additional guardrails, while stressing investor awareness, market integrity and technology-led oversight (Business Standard Mkts)
• Sebi extends deadline for debenture trustees to comply with norms till April 2027. Sebi has extended the deadline for debenture trustees to comply with regulatory requirements by six months. The new deadline for compliance is now set for April 27, 2027. (Economic Times Markets)
• GST officers told to split multi-yr tax notices, substantiate fraud claims. CBIC's new circulars seek greater clarity in GST notices and adjudication, while easing registration requirements, export payment rules and input tax credit distribution (BS Companies)

Read more India's growth momentum stays resilient despite global headwinds: RBI Deputy Governor Poonam Gupta · No standardised CAS template worldwide: Sebi Whole-time Member K V R Murty · Sebi extends deadline for debenture trustees to comply with norms till April 2027 · GST officers told to split multi-yr tax notices, substantiate fraud claims

Companies

• United Breweries Q2 Results: Profit jumps nearly 3 times to Rs 134 crore on volume growth, premiumisation. United Breweries Ltd experienced a nearly three-fold increase in net profit for the September quarter. The company's revenue from operations rose by 23.7 percent year-on-year, reflecting strong market performance. (ET Stocks)
• Ather Energy extends rally, EV stock surges 20% in 2 days; here's why. Ather Energy: Overall, the outlook is positive, with volume growth, Konarc's market acceptance and sustained profitability being the key triggers to watch, say analysts at ICICI Securities. (Business Standard Mkts)
• Bharti Airtel share price up 3%; rallies 12% in October, outperforms market. With expectations of a tariff hike soon after Jio's IPO, Motilal Oswal Financial Services expects strong earnings delivery, which could also lead to potential multiple re-rating for Bharti and JPL. (Business Standard Mkts)
• JSW Infrastructure Q2 Results: Net profit falls 11% to Rs 328 crore. JSW Infrastructure reported an 11 percent drop in consolidated net profit for the September quarter, with earnings falling to Rs 328.23 crore from Rs 368.81 crore the previous year. (Economic Times Markets)

Read more United Breweries Q2 Results: Profit jumps nearly 3 times to Rs 134 crore on volume growth, premiumisation · Ather Energy extends rally, EV stock surges 20% in 2 days; here's why · Bharti Airtel share price up 3%; rallies 12% in October, outperforms market · JSW Infrastructure Q2 Results: Net profit falls 11% to Rs 328 crore

Companies

New issues

• Jio Platforms shares to list on BSE, NSE tomorrow; GMP signals 22% premium. Jio Platforms shares are set to list on the BSE and NSE on October 28, with the IPO commanding a grey market premium of around 22%. The Rs 30,213-crore issue was subscribed 22.19 times, led by strong institutional demand. (ET Stocks)
• Already investing in Reliance shares or mutual funds? Do you need additional Jio IPO exposure?. Investors considering the Jio Platforms IPO should assess whether they already have exposure to Reliance Industries through direct shares or mutual funds tracking the Nifty 50 and Sensex. (Business Today Mkts)
• Jio Platforms Listing Today: Rs 30,213 crore IPO eyes strong debut on Dalal Street. In a landmark event, Jio Platforms' shares are set to launch in the stock market today after a historic IPO. The exceptional investor demand is underscored by a strong grey market premium, signaling optimistic initial pricing. (Economic Times Markets)
• Jio Financial Services share price decoded: Reliance stock performance amid Jio Platforms IPO buzz; target, outlook. Reliance's Jio Platforms IPO: According to market experts, the Jio Platforms IPO impact on the Jio Financial Services stock is indirect. (LiveMint Markets)

Read more Jio Platforms shares to list on BSE, NSE tomorrow; GMP signals 22% premium · Already investing in Reliance shares or mutual funds? Do you need additional Jio IPO exposure? · Jio Platforms Listing Today: Rs 30,213 crore IPO eyes strong debut on Dalal Street · Jio Financial Services share price decoded: Reliance stock performance amid Jio Platforms IPO buzz; target, outlook

Currency, commodities & rates

World

• Global Market: Japan’s Nikkei rises nearly 2% on AI optimism, Anthropic IPO filing. Japan’s Nikkei surged nearly 2%, snapping a three-session losing streak, as Anthropic’s US IPO plans and gains in American semiconductor stocks boosted AI-linked shares such as Advantest, SoftBank and Tokyo Electron. (Economic Times Markets)
• Indian shares seen lower as oil stays near six-month high, Fed in focus. The Nifty 50 and BSE Sensex rose 0.7% on Monday, snapping a four-session losing streak, helped by post-earnings gains in select stocks. (LiveMint Markets)
• UK’s Renewed Appeal Runs Into a Tough Budget Test. This week’s UK budget looms as a major test for the country’s stocks, just as the market gains renewed appeal among global investors. (LiveMint Markets)
• US IPO Process: How companies navigate the road to Wall Street listing. Anthropic's potential US stock market listing has brought the IPO process into focus, from regulatory filings and confidential reviews to investor roadshows, pricing and share allocation. (Economic Times Markets)

Read more Global Market: Japan’s Nikkei rises nearly 2% on AI optimism, Anthropic IPO filing · Indian shares seen lower as oil stays near six-month high, Fed in focus · UK’s Renewed Appeal Runs Into a Tough Budget Test · US IPO Process: How companies navigate the road to Wall Street listing

What matters next