Indian Stock Market Wrap: Sensex Gains 483 Points as Metals and Pharma Power Nifty Back Above 22,750
Indian benchmark equity indices snapped a four-session losing streak on Monday, October 26, 2026, staging a sharp afternoon rebound to close firmly in the green. Shrugging off early volatility and weak Asian peers, Dalal Street drew strength from robust value-buying across metal, healthcare, and infrastructure counters. A moderate cooling in global Brent crude oil prices further supported sentiment, helping benchmarks erase morning losses and settle near session highs.
At the closing bell, the BSE Sensex rose 482.92 points (+0.66%) to finish at 73,606.75. Simultaneously, the NSE Nifty 50 gained 153.20 points (+0.68%) to close at 22,753.20. Broader markets outperformed the headline indices, with the Nifty Midcap 100 advancing 1.19% and the Nifty Smallcap 100 jumping 1.38% as retail risk appetite revived.
Market Snapshot
| Benchmark Index | Closing Level | Absolute Change | Percentage Change |
| BSE Sensex | 73,606.75 | +482.92 | +0.66% |
| NSE Nifty 50 | 22,753.20 | +153.20 | +0.68% |
| Nifty Metal | — | — | +1.95% |
| Nifty Pharma | — | — | +1.76% |
Top Nifty 50 Gainers & Losers
Market breadth swung decisively in favor of advances, with 37 of the 50 Nifty constituents ending in positive territory.
Top Gainers
- Dr. Reddy’s Laboratories: ₹1,340.00 (+7.00%) — Led the frontline gainers following heavy institutional accumulation across healthcare exporters.
- JSW Steel: ₹1,255.00 (+6.00%) — Surged as metal counters witnessed strong sector-wide buying.
- Eternal Ltd: ₹324.80 (+2.46%) — Continued its upward momentum on strong volume expansion.
- Kotak Mahindra Bank: ₹440.65 (+2.45%) — Provided solid support to keep banking heavyweights afloat.
- Adani Ports & SEZ: ₹1,740.00 (+2.17%) — Advanced steadily on resilient port cargo volume projections.
Top Losers
- Shriram Finance: ₹822.00 (-5.00%) — Trailed as the biggest percentage loser amid high interest-rate sensitivity.
- Tata Consumer Products: ₹960.00 (-1.25%) — Faced selective distribution in a mixed consumer goods session.
- Bajaj Finance: ₹918.50 (-0.92%) — Dragged non-banking financial counters lower on persistent margin scrutiny.
- Hindustan Unilever: ₹1,805.80 (-0.78%) — Eased as investors rotated out of defensive FMCG majors.
- HCL Technologies: ₹1,414.00 (-0.70%) — Consolidated slightly following recent tech sector outperformance.
Key Market Drivers
- Metals and Pharma Rally: The Nifty Metal and Nifty Pharma (+1.76%) indices led sectoral gains, anchored by strong rallies in JSW Steel and Dr. Reddy’s.
- Crude Oil Pullback: Brent crude futures softened to near $110/bbl, easing short-term inflation fears and aiding the market recovery.
- Broader Market Outperformance: Strong buying across midcap and smallcap shares helped restore investor sentiment after last week’s heavy liquidation.
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Rupee at Close
26 Oct, 2026
The Indian rupee fell 29 paise to settle provisionally at 95.22 per US dollar on Monday, October 26, 2026, marking its third consecutive session of decline. [the hindu]
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FII’s & DII’s Activity on 26th Oct, 2026
Net value in crores
| BUY | SELL | |
| DII | 2,609.57 | |
| FII | 1,462.49 |
Source : NSE
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