Sensex and Nifty fell in early trading on October 28, 2026, as technology shares led declines in India despite gains across Asian markets. At 9:19 a.m. local time, the Sensex was down 0.91% at 72,928.12 and the Nifty 50 was down 0.69% at 22,591.85.

Key Takeaways

  • Infosys, Tech Mahindra, HCL Technologies and Tata Consultancy Services were among the technology stocks falling in early trading.
  • Investors were watching the US Federal Reserve meeting and the scheduled market debut of Jio Platforms.

Sensex and Nifty open lower

The Sensex opened at 73,253.44 after closing at 73,598.67 the previous day. By 9:19 a.m., it had lost 670.55 points from that close.

The Nifty 50 opened at 22,678.00 and fell a further 86.15 points to 22,591.85. It was 157.90 points below its previous close of 22,749.75.

Technology stocks faced the heaviest selling pressure on the Nifty 50. Larsen & Toubro was the index's leading gainer in early trading, rising 5.67% to ₹3,873.00.

ItemDetails
InfosysDown 4.53% to ₹1,110.35
Tech MahindraDown 3.88% to ₹1,741.20
HCL TechnologiesDown 3.82% to ₹1,365.70
Tata Consultancy ServicesDown 3.17% to ₹2,417.80

Fed meeting and Jio debut in focus

Indian shares declined even as Asian markets traded broadly higher. South Korea's Kospi rose 6% and Japan's Nikkei 225 gained 1.4%, following an overnight advance on Wall Street.

Investors were also watching the US Federal Reserve's policy decision. The Federal Reserve's October calendar listed a two-day Federal Open Market Committee meeting on October 27–28 and a press conference on October 28.

Jio Platforms, Reliance Industries' telecom and digital services arm, was scheduled to make its Indian stock market debut that day. Its initial public offering was subscribed 22.19 times overall, including 70.55 times for the qualified institutional buyer portion.

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