Stock market prediction for Monday Oct 26: Sensex, Nifty levels, top stocks to watch - Will bulls dance again?
BSE moved lower with Oct 26 in focus.
· LiveMint Markets
The Nifty 50 fell nearly 2% last week as geopolitical tensions and crude oil volatility weighed on markets, taking year-to-date losses to 13.56%. Analysts see support near 22,300 and resistance at 22,850–22,900. Infosys, Kotak Mahindra Bank and Reliance Industries will be among stocks in focus.
Key facts
- Dates in focus
- Oct 26
The analysis
BSE reported movement of 2% and 13.56%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +0.0% on the day at ₹1,153.80, and has returned +9.6% over three months. It sits 32% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved +4.6% over the same period, so Infosys is running 5.0 points ahead of its peers.
This is an Input cost / crude event. India imports most of its crude, so input costs pass through to margins downstream and to the rupee. Producers and consumers of the same input move in opposite directions. On the day the stock is +0.0%, so the price barely moved, which suggests this was expected or is seen as immaterial.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- It touches several names at once (INFY, KOTAKBANK, RELIANCE), which points to a sector-level rather than company-specific driver.
- Sector exposure: IT, Banks, Oil & Energy.
- The immediate tone of coverage reads negative.
In this story
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