Stock Market Today 19 Oct: Nifty Falls 1.11% to 22,889
On this page 11 sections
In short: The Nifty 50 lost 257.20 points (−1.11%) to 22,888.95 and the Sensex fell 876.38 points (−1.17%) to 73,852.90. Bank Nifty lost 0.64%. Nifty PSU Bank was the best sector (+2.46%) and Financial Services the weakest (−1.58%). Market breadth was negative: 554 stocks rose and 2,339 fell.
Today at a glance
| Index | Close | Change (pts) | Change (%) |
|---|---|---|---|
| Nifty 50 | 22,888.95 | −257.20 | −1.11% |
| Sensex | 73,852.90 | −876.38 | −1.17% |
| Bank Nifty | 55,488.10 | −355.90 | −0.64% |
| India VIX | 14.77 | +0.71 | +5.05% |
| Broader market | Change (%) |
|---|---|
| Nifty Midcap 100 | −1.09% |
| Nifty Smallcap 100 | −1.01% |
Market breadth: 554 stocks rose and 2,339 fell on NSE (main equity segment).
Sector performance
| Sector | Change (%) |
|---|---|
| Nifty PSU Bank | +2.46% |
| Nifty Oil & Gas | −0.12% |
| Nifty Media | −0.26% |
| Nifty Metal | −0.55% |
| Nifty Energy | −0.60% |
| Nifty Bank | −0.64% |
| Nifty Pharma | −0.65% |
| Nifty Auto | −0.69% |
| Healthcare | −0.80% |
| Consumer Durables | −1.12% |
| Nifty Realty | −1.20% |
| Nifty IT | −1.28% |
| Nifty FMCG | −1.44% |
| Financial Services | −1.58% |
Top gainers and losers (Nifty 50)
| Top gainers | Close (₹) | Change (%) |
|---|---|---|
| JSW Steel | 1,241.30 | +2.06% |
| Oil & Natural Gas Corporation | 225.00 | +1.35% |
| State Bank of India | 973.70 | +1.15% |
| Larsen & Toubro | 3,661.90 | +0.96% |
| Eicher Motors | 7,349.00 | +0.89% |
| Top losers | Close (₹) | Change (%) |
|---|---|---|
| Axis Bank | 1,236.00 | −4.19% |
| Tata Motors Passenger Vehicles | 278.00 | −3.09% |
| Infosys | 1,130.70 | −2.63% |
| Bajaj Finance | 957.35 | −2.52% |
| Apollo Hospitals Enterprise | 7,700.00 | −2.41% |
FII and DII (provisional, cash market)
| Investor | Net (₹ crore) |
|---|---|
| FII / FPI | −1,149 |
| DII | +3,201 |
Market Mood: 44/100 (Fear). See the Market Mood Meter.
In the news today
- ICICI Bank remains Motilal Oswal’s top pick; HDFC Bank earnings growth pegged at 15%
- Crude fears clip wings; Axis Bank dives 3.84% as Sensex, Nifty open flat
- What to do with IT stocks? TCS, HCL Tech, Wipro, Infosys, Tech Mahindra — Why experts are bullish after Accenture news
- Rupee likely pinned near 95 as RBI defence counters oil headwinds
- Gold edges higher on softer oil; Fed rate outlook in focus
- India bonds to decline on elevated oil, hawkish RBI
Results
Reported today (25): Bajaj Finance, UltraTech Cement, Gallantt Ispat, Union Bank of India, HFCL, Delta Corp, Hindustan Zinc, Jaiprakash Power Ventures
Due Tuesday, 20 Oct (2): Kapston Services, Shree Ram Twistex
Full list: Results calendar.
IPO watch
- Tonbo Imaging India (Mainboard): open till 19 Oct, subscribed 135.90 times so far
- Bonfiglioli Transmissions (Mainboard): open till 19 Oct, subscribed 46.06 times so far
- Sahajanand Medical Technologies (Mainboard): open till 19 Oct, subscribed 14.20 times so far
- Zetwerk Manufacturing Businesses (Mainboard): open till 19 Oct, subscribed 3.06 times so far
- Jio Platforms (Mainboard): opens 21 Oct
- Paras Healthcare (Mainboard): opens 21 Oct
More: IPO tracker.
Stock lists
27 stocks hit a 52-week high, 96 are near a 52-week low and 55 traded at 3x their normal volume. See today's stock lists.
Why the market moved
- Nifty PSU Bank led the gains (+2.46%), helped by State Bank of India +1.2%.
- Financial Services was the weakest sector (−1.58%), with Axis Bank −4.2%, Bajaj Finance −2.5%, HDFC Bank −2.3%.
- Results reactions: Union Bank of India +5.3%, Delta Corp −5.1%, HFCL +5.0%.
- Institutional flows: foreign investors were net sellers of ₹1,149 crore and domestic institutions net buyers of ₹3,201 crore (provisional).
- Volatility: India VIX rose 5.0% to 14.77, a sign of rising nervousness.
- Global and macro news in focus: Crude fears clip wings; Axis Bank dives 3.84% as Sensex, Nifty open flat; Rupee likely pinned near 95 as RBI defence counters oil headwinds; Gold edges higher on softer oil; Fed rate outlook in focus.
- Breadth: more stocks fell than rose (554 up, 2,339 down), so the move was broad-based.
Pokharna Research view
Nifty is -2.7% from its 50-day average and -5.3% from its 200-day average, and the Market Mood reads 44/100 (Fear). Losses were heaviest in Financial Services, while breadth was negative. Next up: 2 results, including Kapston Services, Shree Ram Twistex. These are the main stock-specific triggers to watch.
Levels for Tuesday, 20 October
| Index | Close | Resistance (R1, R2) | Support (S1, S2) |
|---|---|---|---|
| Nifty 50 | 22,889 | 23,094, 23,300 | 22,764, 22,639 |
| Bank Nifty | 55,488 | 55,804, 56,120 | 55,252, 55,015 |
This report is educational and informational. It is not investment advice, and nothing here is a call to trade any security or index. Pokharna Research does not claim SEBI registration.