Indian stocks ended almost unchanged on October 27, 2026, masking a sharp divide between a rally in smaller companies and losses in IT and banking shares. The Sensex slipped 0.01%, while the Nifty 50 edged down 0.02%.
Key Takeaways
- The Nifty Smallcap 100 rose 2.69%, while the Nifty IT index fell more than 1.4%.
- Infosys had cut its FY27 revenue growth outlook; TCS and Wipro also closed lower.
- The government approved defence acquisition proposals worth about ₹2.12 lakh crore, with 82% earmarked for domestic manufacturers.
Indian stocks show a split beneath flat benchmarks
The Sensex swung between 73,179.41 and 73,762.98 during the session before closing at 73,598.67. The Nifty 50 reached an intraday high of 22,829.75 and finished at 22,749.75.
Smaller stocks outperformed the benchmarks, while Bank Nifty declined. Media, realty, pharma and auto were among the sectors that gained; private banks, cement and financial services lagged.
| Item | Details |
|---|---|
| BSE Sensex | 73,598.67; down 8.08 points, or 0.01% |
| Nifty 50 | 22,749.75; down 3.45 points, or 0.02% |
| Bank Nifty | 53,974.90; down 391.80 points, or 0.72% |
| Nifty Midcap 100 | Up 1% |
| Nifty Smallcap 100 | Up 2.69% |
IT shares fall after Infosys outlook cut
The Nifty IT index fell more than 1.4% after Infosys reduced its FY27 revenue growth outlook. TCS and Wipro also ended lower.
Defence shares rallied as the government approved acquisition proposals worth approximately ₹2.12 lakh crore. The approval covers proposed purchases; it does not mean the procurement has been completed.
Rupee strengthens as oil stays above $115
The rupee gained 9 paise to close at 95.08 against the US dollar. Brent crude remained above $115 a barrel, while MCX gold fell about ₹750 to ₹1,42,300.
India VIX, a measure of expected market volatility, declined 4.4% to 16.53.
Next milestone
On October 28, investors will watch the planned Jio Platforms listing and the US Federal Reserve’s rate decision, along with scheduled quarterly earnings from several Indian companies.
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Disclaimer
This FinanceVelix article provides general information, not personalized financial, investment, legal, or tax advice. Market prices, interest rates and economic conditions can change; investments carry a risk of loss. Facts reflect the material available when published and may change. Check important information independently and consult a qualified professional when needed. Mentioning an asset, company, or service is not an endorsement.
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