Stock Market Highlights: Sensex Ends 353 Points Lower, Nifty At 22,699; Broader Indices Outperform
Larsen & Toubro is in focus.
· NDTV Profit
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.
The analysis
Against that, the stock is +3.7% on the day at ₹3,801.30, and has returned -0.8% over three months. It sits 14% below its 52-week high. The infrastructure sector has moved -14.5% over the same period, so Larsen & Toubro is running 13.7 points ahead of its peers.
For Larsen & Toubro, the question is how much of this is already reflected in the price and how much re-rates the infrastructure peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The 5 companies named span 4 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 2 of 5 are higher: Larsen & Toubro (L&T) leads at +3.7% and Infosys trails at -3.4%.
- Over three months: Larsen & Toubro (L&T) -0.8% against Infrastructure -14.5% (13.7 points ahead); State Bank of India (SBI) -5.6% against Banks -6.5% (0.9 points ahead); Reliance Industries (RIL) -8.7% against Oil & Energy -4.8% (3.9 points behind); Infosys +1.6% against IT -0.8% (2.4 points ahead).
- At least 25% below the 52-week high: Reliance Industries (RIL) (27%) and Infosys (34%).
- Trading well above normal today: Larsen & Toubro (L&T) at 3.0 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Larsen & Toubro (L&T)LT · Infrastructure | ₹3,801.30 | +3.7% | +0.9% | -0.8% | -14.0% | 3.0× | — |
| State Bank of India (SBI)SBIN · Banks | ₹956.80 | +1.2% | -0.5% | -5.6% | -22.1% | 1.3× | — |
| Reliance Industries (RIL)RELIANCE · Oil & Energy | ₹1,158.00 | -3.2% | -3.3% | -8.7% | -27.3% | 1.5× | — |
| InfosysINFY · IT | ₹1,123.15 | -3.4% | +12.0% | +1.6% | -33.5% | 1.0× | — |
| Tech MahindraTECHM · IT | ₹1,776.60 | -1.9% | +15.2% | +8.7% | -3.2% | 0.7× | — |
Infrastructure
1M -8.3% · 3M -14.5%
Larsen & Toubro (L&T)
Banks
1M -3.0% · 3M -6.5%
State Bank of India (SBI)
Oil & Energy
1M -4.6% · 3M -4.8%
Reliance Industries (RIL)
IT
1M +5.0% · 3M -0.8%
Infosys, Tech Mahindra
Prices as of 28 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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