Stock Market Live: Sensex Off Day's Low, Down 450 Points, Nifty Near 22,650; Infosys Tanks 5%, L&T Gains 4%
BSE moved lower.
· NDTV Profit
Stock Market LIVE Updates: Barring Nifty Auto, all other sectoral indices were trading in the red, with Nifty IT falling the most over 3%, followed by Nifty FMCG, Nifty Oil & Gas, Nifty Realty, Nifty Metals and Nifty Pharma.
The analysis
BSE reported movement of 5%, 4% and 3%. 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 -3.8% on the day at ₹1,118.65, and has returned +7.8% over three months. It sits 34% below its 52-week high, which means a good deal of bad news was already in the price. The it sector has moved +2.4% over the same period, so Infosys is running 5.4 points ahead of its peers.
For Infosys, the question is how much of this is already reflected in the price and how much re-rates the it peer set alongside it.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- In focus: Infosys (INFY), in IT.
- On the day, 1 of 2 are higher: Larsen & Toubro (L&T) leads at +4.2% and Infosys trails at -3.8%.
- Over three months: Infosys +7.8% against IT +2.4% (5.4 points ahead); Larsen & Toubro (L&T) -3.7% against Infrastructure -16.6% (12.9 points ahead).
- At least 25% below the 52-week high: Infosys (34%).
- Trading well above normal today: Larsen & Toubro (L&T) at 2.4 times its 20-day average volume.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| InfosysINFY · IT | ₹1,118.65 | -3.8% | +16.3% | +7.8% | -33.8% | 0.6× | — |
| Larsen & Toubro (L&T)LT · Infrastructure | ₹3,819.90 | +4.2% | -5.5% | -3.7% | -13.5% | 2.4× | — |
IT
1M +4.9% · 3M +2.4%
Infosys
Infrastructure
1M -11.4% · 3M -16.6%
Larsen & Toubro (L&T)
Auto
1M -7.3% · 3M -5.4%
Pharma & Healthcare
1M -5.8% · 3M -2.3%
Prices as of 28 Oct 2026, 12:48 IST. Sector moves are the average of the stocks we track in each sector.
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