Nifty 50 opens from 22,698.85 after a 0.22% decline

The session

Where the market stands

Key drivers

Market breadth

Currency, commodities & rates

Currency, commodities and rates

• USD/INR: 95.22, rupee weaker by 0.03% on the session
• India VIX: 16.25 (-0.9%)
• Gold (rupee terms): +1.29% on the session, -0.8% over five sessions

Key drivers

Markets

• Stock Market Highlights: Sensex Ends 353 Points Lower, Nifty At 22,699; Broader Indices Outperform. Stock Market Highlights: Among individual stocks, L&T, Trent, and SBI were among the top gainers, while RIL, Infosys and Tech Mahindra emerged as the top laggards. (NDTV Profit)
• Kotak adds 5 new midcap stocks which fell up to 16% in one month to its model portfolio. Take a look. In response to recent market fluctuations, Kotak Institutional Equities has revamped its model portfolio, strategically introducing five mid-cap stocks that have seen notable price reductions. (ET Stocks)
• Sensex, Nifty fall as IT stocks slide, rising oil prices weigh. Indian equity markets took a hit on Wednesday, primarily due to declines in the IT sector and escalating crude oil prices. Both the Sensex and Nifty closed lower, showcasing investors' cautious mood amidst significant intraday drops. (Economic Times Markets)
• Stock Market LIVE: GIFT Nifty tanks 150 points as oil tops $115; Jio Platforms listing in focus. Sensex Today Stock Market LIVE Updates Wednesday: The GIFT Nifty indicated a gap-down open for the Nifty 50 index. Asian markets were trading higher in early deals (Business Standard Mkts)

Read more Stock Market Highlights: Sensex Ends 353 Points Lower, Nifty At 22,699; Broader Indices Outperform · Kotak adds 5 new midcap stocks which fell up to 16% in one month to its model portfolio. Take a look · Sensex, Nifty fall as IT stocks slide, rising oil prices weigh · Stock Market LIVE: GIFT Nifty tanks 150 points as oil tops $115; Jio Platforms listing in focus

Economy & policy

Economy and policy

• BFSI Insight Summit: Sebi explores domestic AI model for securities market. Regulator also proposes tighter disclosure norms for issue proceeds and stronger cybersecurity oversight (Business Standard Mkts)
• SEBI To Review Closing Auction Rules After One Year, Chairman Pandey Reiterates. SEBI will let the revised Closing Auction Session framework operate for a year before reviewing it, while keeping the cash-market closing price separate from the settlement price for expiring derivatives. (NDTV Profit)
• 'You can't regulate your own thing': Sebi chief on exchange self-listing. Speaking at the Business Standard BFSI Insight Summit 2026, Sebi chief Tuhin Kanta Pandey said exchange self-listing raises regulatory concerns over who regulates an exchange's own shares (Business Standard Mkts)
• DA Hiked By 3%: Centre Announces Diwali Bonus For Govt Employees. The increase is expected to benefit around 48 lakh Central government employees and 68 lakh pensioners. The combined annual financial implication for the exchequer is estimated at Rs 10,016 crore. (NDTV Profit)

Read more BFSI Insight Summit: Sebi explores domestic AI model for securities market · SEBI To Review Closing Auction Rules After One Year, Chairman Pandey Reiterates · 'You can't regulate your own thing': Sebi chief on exchange self-listing · DA Hiked By 3%: Centre Announces Diwali Bonus For Govt Employees

Companies

• Acutaas Chemicals among 5 stocks hitting 52-week highs; rallied up to 18% in a month. Despite the Sensex falling 352 points to 73,246, five BSE 500 stocks touched fresh 52-week highs on Wednesday. PVR Inox, Acutaas Chemicals, Indian Hotels, Piramal Pharma and Sona BLW posted monthly gains of 9% to 18%. (ET Stocks)
• Q2 Results LIVE: Vedanta Aluminium Net Profit Down 8%, Goodluck India Profit Down 23%. Hindustan Unilever, Vedanta, TVS Motor Company, Hyundai Motor India, and Hero MotoCorp are among the 120 companies scheduled to announce their Q2 FY27 results today, October 28. (NDTV Profit)
• Adani Enterprises Q2 profit declines 55% to Rs 1,492 crore YoY; revenue rises 74%. Shares of Adani Enterprises were last seen trading 0.56 per cent lower at Rs 2,476 in Wednesday's session. At this level, the company's market capitalisation stood at Rs 3,35,461.20 crore. (Business Today Mkts)
• Global Market: UBS Q3 profit rises 8% to $2.69 billion, accelerates buyback plan. ETMutualFunds identifies Axis, SBI, Kotak and Nippon India small-cap funds using parameters such as rolling returns, consistency, downside risk, outperformance and asset size. (Economic Times Markets)

Read more Acutaas Chemicals among 5 stocks hitting 52-week highs; rallied up to 18% in a month · Q2 Results LIVE: Vedanta Aluminium Net Profit Down 8%, Goodluck India Profit Down 23% · Adani Enterprises Q2 profit declines 55% to Rs 1,492 crore YoY; revenue rises 74% · Global Market: UBS Q3 profit rises 8% to $2.69 billion, accelerates buyback plan

Companies

New issues

• Top 5 IPOs listing: Jio Platforms IPO vs Hyundai, Paytm, LIC and others | How Reliance company outshone others in gains. Jio Platforms surged nearly 27% above its issue price on debut, reaching a market capitalisation of about ₹13 lakh crore and becoming India’s second-most valuable company. Its performance defied the weak debut trend among large IPOs. (LiveMint Markets)
• Jio IPO listing today LIVE updates: Mukesh Ambani-led Reliance company NSE, BSE debut at 10 am | Will there be profit?. Jio Platforms IPO Listing Live: The grey amrket is signalling up to ₹260 per share listing gain, say market observers (LiveMint Markets)
• Jio jumps 21% in market debut, dethrones Bharti Airtel as largest telecom player by m-cap. At Jio Platforms' listing ceremony, managing director Akash Ambani outlined plans to take the company beyond connectivity into areas including AI, cloud and connected devices. (LiveMint Companies)
• Jio IPO listing ceremony: Response surpassed our expectations, says Akash Ambani, MD of Jio Platforms Limited. Akash Ambani said demand for Jio Platforms’ IPO exceeded expectations, thanking shareholders and expressing confidence in the company’s future. (LiveMint Companies)

Read more Top 5 IPOs listing: Jio Platforms IPO vs Hyundai, Paytm, LIC and others | How Reliance company outshone others in gains · Jio IPO listing today LIVE updates: Mukesh Ambani-led Reliance company NSE, BSE debut at 10 am | Will there be profit? · Jio jumps 21% in market debut, dethrones Bharti Airtel as largest telecom player by m-cap · Jio IPO listing ceremony: Response surpassed our expectations, says Akash Ambani, MD of Jio Platforms Limited

Currency, commodities & rates

World

• India bonds sink on oil spike before Fed decision. Indian government bonds experienced a significant decline after a prior rally due to rising oil prices. Brent crude oil prices increased following concerns over supply disruptions in Saudi Arabia. (Economic Times Markets)
• Indian shares set for positive start after Fed holds rates steady; elevated oil weighs. INDIA-STOCKS:Indian shares set for positive start after Fed holds rates steady; elevated oil weighs (LiveMint Markets)
• Gold At Rs 1.43 Lakh, Silver At Rs 1.94 Lakh: Three Ways How The Fed Rate Decision Could Move Them. A hold is almost certain tonight. What the Fed signals about a December hike will decide whether gold and silver extend their slide or bounce back. (NDTV Profit)

Read more India bonds sink on oil spike before Fed decision · Indian shares set for positive start after Fed holds rates steady; elevated oil weighs · Gold At Rs 1.43 Lakh, Silver At Rs 1.94 Lakh: Three Ways How The Fed Rate Decision Could Move Them

What matters next