The Nifty 50 climbed above 22,800 on October 29, 2026, as Indian stocks advanced through the morning session. At 12:43 p.m. local time, the index was at 22,838.35, up 139.50 points, or 0.61%.

Key Takeaways

  • The Sensex rose 0.73% to 73,783.04 at the same midday snapshot.
  • Adani Ports led Nifty 50 gainers, rising 5.26%, while Trent fell 2.40% ahead of its scheduled earnings.
  • More BSE stocks advanced than declined, although 52-week lows outnumbered highs.

Nifty 50 moves above 22,800

The index opened near 22,691, slightly below its previous close of 22,698.85, before moving above 22,800. The Sensex gained 537.01 points to reach 73,783.04.

On the BSE, 2,283 stocks advanced and 1,838 declined, while 241 were unchanged. Fresh 52-week lows numbered 129, compared with 79 new highs.

Adani Ports leads gainers as Trent falls

Adani Ports rose 5.26% to ₹1,854, while Adani Enterprises gained 4.61% to ₹2,594. Power Grid advanced 3.96% to ₹261.35, and Kotak Mahindra Bank rose 3.38% to ₹454.85.

Among decliners, Trent fell 2.40% to ₹2,844 ahead of its scheduled quarterly earnings. Bajaj Auto slipped 1.96% to ₹10,279, while Asian Paints, which was also due to report results, declined 1.19% to ₹2,257.40.

Fed rate decision and other market context

The US Federal Reserve’s October 28 implementation note directed operations to maintain the federal funds rate in a target range of 3.75% to 4%. The decision preceded the Indian market snapshot, but the price moves do not establish that it caused the gains.

WTI crude was trading near $101.43 a barrel, while the rupee was around 95.21 per US dollar.

Next milestone

Results from Trent, Asian Paints, Coal India, InterGlobe Aviation, Laurus Labs and Ambuja Cements were scheduled later in the session.

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