Weekend report
11 OCT 2026 · 08:04 IST
Nifty 50 ended the week at 22520.45, up 1.3%
The benchmarks closed higher. Levels and sector moves for the session are shown below.
Nifty 50
22,520.45
+1.3%
Close, 11 OCT 2026
Bank Nifty
55,256.65
+1.36%
Close, 11 OCT 2026
Sensex
72,560.7
+1.35%
Close, 11 OCT 2026
The session
Where the market stands
The Nifty 50 rose 1.30% in the last session. The Nifty 50 sits in the lowest fifth of its 52-week range, 14.5% below the high.
Foreign institutions were net sellers of ₹3,569 crore in the cash market on 9 October, and domestic institutions net buyers of ₹4,743 crore. Domestic money absorbed the foreign flow, which is why the index moved less than either side's figure would suggest. Over the last 5 sessions foreign institutions were net sellers of ₹30,294 crore.
Key drivers
Market breadth
22 of 25 sectors advanced. The move was broad, with gains spread across most of the market rather than concentrated in a few sectors. IT led and Oil & Energy lagged, a spread of 2.4 points between the two ends of the market.
Currency, commodities & rates
Currency, commodities and rates
- USD/INR: 96.73, rupee firmer by 0.03% on the session
- India VIX: 14.35 (-6.1%)
- Gold (rupee terms): +1.50% on the session, +1.1% over five sessions
Key drivers
Markets
- 8 midcap stocks rally up to 135% in a year; 2 turn multibaggers. Eight midcap stocks have gained 50%-135% over the past year, outperforming the broader market. Laurus Labs and Apar Industries more than doubled investors’ wealth during the period. (Economic Times Markets)
- SBI, HCL Tech, Eicher Motors: Top 3 stock picks by Sumeet Bagadia | Target, stop-loss, Nifty, Bank Nifty outlook. Stock market prediction: Sumeet Bagadia believes the Nifty 50 chart pattern is signalling improving short-term sentiment, although the broader structure remains weak below key moving averages (LiveMint Markets)
- RIL, ICICI Bank, Infosys, and more: Motilal Oswal names 40 stocks to buy during Q2 earnings season — Check full list. After steep valuation declines, Motilal Oswal sees an improved risk-reward profile for Indian equities and expects September 2026-quarter earnings to rise 22% across its coverage universe. The brokerage has recommended 26 stocks in its model portfolio. (LiveMint Markets)
- D-Street breaks 8-week losing run, outlook stays cautious though. After an eight-week slump, Indian equities experienced a robust rebound, highlighted by a notable rise in the BSE Sensex. This recovery was buoyed by declining crude oil prices, which eased from their recent peaks. (ET Stocks)
Read more 8 midcap stocks rally up to 135% in a year; 2 turn multibaggers · SBI, HCL Tech, Eicher Motors: Top 3 stock picks by Sumeet Bagadia | Target, stop-loss, Nifty, Bank Nifty outlook · RIL, ICICI Bank, Infosys, and more: Motilal Oswal names 40 stocks to buy during Q2 earnings season — Check full list · D-Street breaks 8-week losing run, outlook stays cautious though
Economy & policy
Economy and policy
- Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey. The regulator is also working to simplify digital onboarding for persons resident outside India (PROIs), allowing them to access Indian markets without requiring their physical presence (Business Standard Mkts)
- Sebi notifies new settlement rule; unveils formula, fast-track route. Check details. The Securities and Exchange Board of India (SEBI) has rolled out fresh regulations that modify how settlement amounts for securities violations are calculated. This revamped formula curtails the double counting of unjust gains in settlement assessments. (Economic Times Markets)
- Rupee under pressure: SBI Research wants RBI to prioritise currency stability alongside inflation. In its October 9 report, Ecowrap, SBI Research said the RBI needs to strengthen its policy toolkit to address mounting pressure on emerging market currencies. (Business Today Mkts)
- Sebi to issue norms on closing auction soon: Sebi chief. Sebi chief Tuhin Kanta Pandey said the regulator will issue fresh norms for derivatives settlement during the closing auction session within a week after reviewing market feedback.  (LiveMint Markets)
Read more Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey · Sebi notifies new settlement rule; unveils formula, fast-track route. Check details · Rupee under pressure: SBI Research wants RBI to prioritise currency stability alongside inflation · Sebi to issue norms on closing auction soon: Sebi chief
Companies
- ITC stock rallies 5%, sees sharpest intraday rally in 6 months; here's why. Top buyers in ITC's block deal on Thursday: Fidelity Advisor Series VIII-Fidelity Advisor Overseas Fund, ICICI Prudential MF, SBI MF, Nippon India MF and Citigroup Global Markets Singapore Pte. (Business Standard Mkts)
- Avenue Supermarts Q2 Results: DMart parent net profit jumps 8.5% to ₹742.98 crore, revenue up 18%. Avenue Supermarts reported an 8.5% year-on-year rise in consolidated net profit to ₹742.98 crore for Q2FY27. Total income increased nearly 18% to ₹19,657.50 crore. (LiveMint Markets)
- JioBlackRock Flexicap down 6.67% in 2026: 19 fresh buys, 18 exits in September reshuffle. JioBlackRock Flexicap reshuffled its portfolio in September, bringing in new names such as Redington, Apollo Hospitals and GAIL while exiting stocks including Eternal, Laurus Labs and Thermax. (Business Today Mkts)
- Q2 Results Live Updates: Poonawalla Fincorp Profit Surges To Rs 375 Crore; Anand Rathi Approves Dividend. Q2 FY27 Results Live Updates: Anand Rathi, Can Fin Homes and Poonawalla Fincorp will be among the key earnings announcements to watch. (NDTV Profit)
Read more ITC stock rallies 5%, sees sharpest intraday rally in 6 months; here's why · Avenue Supermarts Q2 Results: DMart parent net profit jumps 8.5% to ₹742.98 crore, revenue up 18% · JioBlackRock Flexicap down 6.67% in 2026: 19 fresh buys, 18 exits in September reshuffle · Q2 Results Live Updates: Poonawalla Fincorp Profit Surges To Rs 375 Crore; Anand Rathi Approves Dividend
Companies
New issues
- Jio Platforms IPO: What does listing of Reliance Industries' company means for Airtel, Vodafone Idea, Indus Towers share. Jio Platforms IPO: At a reported valuation of around ₹11 lakh crore, Jio Platforms would be valued slightly above Airtel’s market capitalisation of approximately ₹10.87 lakh crore. (LiveMint Markets)
- Jio Platform IPO price to be set at Rs 1,065-1,119, says report; check details. The company is likely to raise Rs 30,213 crore from its maiden stake sale, which is set to become India's largest ever IPO, surpassing Hyundai Motor India. (Business Today Mkts)
- Ambani Heirs Face Tough Questions In Roadshow For Record Jio IPO. While valuation and IPO pricing is not yet confirmed, some fund managers told Akash that the company's desired valuation appeared ambitious and would be hard for the market to absorb, the people said. (NDTV Profit)
- Jio Platforms IPO: How Reliance boss Mukesh Ambani's mega issue compares with India's 5 biggest IPOs; price band, size. Jio Platforms is preparing an IPO expected to raise up to ₹30,213 crore, potentially making it India’s largest-ever public issue and surpassing Hyundai Motor India’s ₹27,859 crore offering. (LiveMint Markets)
Read more Jio Platforms IPO: What does listing of Reliance Industries' company means for Airtel, Vodafone Idea, Indus Towers share · Jio Platform IPO price to be set at Rs 1,065-1,119, says report; check details · Ambani Heirs Face Tough Questions In Roadshow For Record Jio IPO · Jio Platforms IPO: How Reliance boss Mukesh Ambani's mega issue compares with India's 5 biggest IPOs; price band, size
Currency, commodities & rates
World
- Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surge. Foreign investors withdrew $23.49 billion from Asian equities in September as rising US Treasury yields, inflation fears and tighter monetary policies weakened risk appetite. (Economic Times Markets)
- 'Navi' triumphs over Trump! Indian-origin Navanethem Pillay wins 2026 Nobel Peace Prize. Pillay emerged at the head of an extensive field of 287 nominated individuals and organizations, standing out for a career defined by breakthrough legal precedents and an unyielding commitment to accountability. (Business Today Mkts)
- US midterms 2026: Why a Democratic House may not ease Trump's tariff pressure on India. In its October 4 report, 2026 US Midterms: Five Policy Themes and 30+ Stock Ideas, Jefferies expects the average effective US tariff rate to remain within the 10–20% range, even under divided government. (Business Today Mkts)
Read more Global Market: Foreign investors pull $23.5 billion from Asian equities in September as US yields surge · 'Navi' triumphs over Trump! Indian-origin Navanethem Pillay wins 2026 Nobel Peace Prize · US midterms 2026: Why a Democratic House may not ease Trump's tariff pressure on India
What matters next
The next Indian trading session is 12 Oct 2026.
On the calendar: 8 midcap stocks rally up to 135% in a year; 2 turn multibaggers; Avenue Supermarts Q2 Results: DMart parent net profit jumps 8.5% to ₹742.98 crore, revenue up 18%; Q2 Results Live Updates: Poonawalla Fincorp Profit Surges To Rs 375 Crore; Anand Rathi Approves Dividend.
Market internals
Advances and declines
of 25 sectors
Broad: most sectors rose.
52-week position
Where each close sits between its own year’s low and high.