Stock Market Today 22 Oct: Nifty Falls 0.54% to 22,688
On this page 15 sections
In short: The Nifty 50 lost 123.70 points (−0.54%) to 22,687.65 and the Sensex fell 460.30 points (−0.62%) to 73,249.39. Bank Nifty lost 0.09%. Nifty Pharma was the best sector (+0.12%) and Nifty Media the weakest (−2.35%). Market breadth was negative: 761 stocks rose and 2,124 fell.
Today at a glance
| Index | Close | Change (pts) | Change (%) |
|---|---|---|---|
| Nifty 50 | 22,687.65 | −123.70 | −0.54% |
| Sensex | 73,249.39 | −460.30 | −0.62% |
| Bank Nifty | 54,925.70 | −51.20 | −0.09% |
| India VIX | 15.76 | +0.09 | +0.56% |
| Broader market | Change (%) |
|---|---|
| Nifty Midcap 100 | −0.87% |
| Nifty Smallcap 100 | −1.14% |
Market breadth: 761 stocks rose and 2,124 fell on NSE (main equity segment).
Sector performance
| Sector | Change (%) |
|---|---|
| Nifty Pharma | +0.12% |
| Nifty PSU Bank | +0.07% |
| Healthcare | +0.05% |
| Nifty Bank | −0.09% |
| Financial Services | −0.14% |
| Nifty Realty | −0.30% |
| Nifty Metal | −0.52% |
| Nifty Auto | −0.73% |
| Nifty Oil & Gas | −0.86% |
| Consumer Durables | −0.96% |
| Nifty IT | −1.05% |
| Nifty Energy | −1.05% |
| Nifty FMCG | −1.41% |
| Nifty Media | −2.35% |
Top gainers and losers (Nifty 50)
| Top gainers | Close (₹) | Change (%) |
|---|---|---|
| Bajaj Finance | 942.10 | +1.74% |
| Cipla | 1,330.90 | +1.29% |
| UltraTech Cement | 10,958.00 | +1.00% |
| ICICI Bank | 1,398.50 | +0.97% |
| Bajaj Auto | 10,155.00 | +0.82% |
| Top losers | Close (₹) | Change (%) |
|---|---|---|
| Nestle India | 1,189.90 | −2.78% |
| Eternal | 304.45 | −2.53% |
| HDFC Life Insurance Company | 528.35 | −2.09% |
| Tata Motors Passenger Vehicles | 270.00 | −2.07% |
| Reliance Industries | 1,184.50 | −2.03% |
FII and DII (provisional, cash market)
| Investor | Net (₹ crore) |
|---|---|
| FII / FPI | −3,459 |
| DII | +2,891 |
Market Mood: 39/100 (Fear). See the Market Mood Meter.
In the news today
- Infosys Q2 results preview: Will the results provide oomph to surging IT stocks?
- Jio leverage play pops up at SBI as India brokers lure IPO bets
- Stock Market Highlights: Nifty below 22,700, Sensex falls 460 points; auto, FMCG, IT stocks drag
- Lumpy Jio IPO inflows push rupee into ‘overbought’ zone just as oil renews rise
- IMF's Krishna Srinivasan says India should prioritise inflation as crude oil price risks rise
Results
Results with numbers today (16):
| Company | What the result shows (vs a year ago) | Stock today |
|---|---|---|
| 🟢 Chennai Petroleum Corp Lt | profit ₹2,247 cr (+212.4%) · revenue +10.1% | +1.1% |
| 🟢 Adani Energy Solution | profit ₹1,323 cr (+147.7%) · revenue +52.8% | −2.2% |
| 🟢 Paisalo Digital | profit ₹66 cr (+27.4%) · revenue +23.8% | −0.5% |
| 🟢 Colgate Palmolive | profit ₹342 cr (+4.3%) · revenue +12.3% | −2.0% |
| 🟢 Havells India | profit ₹350 cr (+9.6%) · revenue +34.6% | +0.1% |
| 🟢 Jindal Stainless | profit ₹898 cr (+11.3%) · revenue +18.2% | −3.3% |
| 🟢 Garware Hi-Tech Films | profit ₹129 cr (+41.9%) · revenue +22.1% | −0.4% |
| 🟢 Creditaccess Grameen | profit ₹502 cr (+298.7%) · revenue +26.2% | −4.7% |
| 🔴 Tata Teleserv(Maharastra) | loss ₹59 cr · revenue +8.2% | +18.6% |
| 🟢 Cie Automotive India | profit ₹244 cr (+13.9%) · revenue +11.0% | −1.3% |
| 🔴 Beta Drugs | profit ₹19 cr (-19.4%) · revenue -32.5% | +18.4% |
| 🔴 Mahindra Lifespace Devltd | profit ₹16 cr (-65.9%) · revenue +84.6% | +3.1% |
Also reported today, figures awaited (19): Swiggy, Hindustan Petroleum Corporation, BlueStone Jewellery and Lifestyle, Cyient, Nippon Life India Asset Management, Sagility, Adani Total Gas, The Jammu & Kashmir Bank
Due Friday, 23 Oct (59): Infosys, Shriram Finance, Adani Power, Coforge, Dr. Reddy's Laboratories, Tata Motors, Oracle Financial Services Software, IndusInd Bank
Full list: Results calendar.
IPO watch
- Paras Healthcare (Mainboard): open till 23 Oct, subscribed 0.34 times so far
- Jio Platforms (Mainboard): open till 23 Oct, subscribed 5.56 times so far
- EAAA India Alternatives (Mainboard): opens 26 Oct
- BLS Polymers (Mainboard): opens 27 Oct
- SFC Environmental Technologies (Mainboard): opens 27 Oct
More: IPO tracker.
Commodities (MCX)
| Commodity | Price | Change |
|---|---|---|
| Gold (₹/10 g) | ₹1,44,310 | −1.21% |
| Silver (₹/kg) | ₹2,02,990 | −2.95% |
| Crude oil (₹/bbl) | ₹9,448 | +2.61% |
| Natural gas (₹/mmBtu) | ₹264.8 | +0.04% |
| Copper (₹/kg) | ₹1,360.35 | −2.16% |
Stock lists
11 stocks hit a 52-week high, 162 are near a 52-week low and 58 traded at 3x their normal volume. See today's stock lists.
Why the market moved
- Nifty Pharma led the gains (+0.12%), helped by Cipla +1.3%, Sun Pharmaceutical Industries +0.7%, Apollo Hospitals Enterprise +0.1%.
- Nifty Media was the weakest sector (−2.35%).
- Results reactions: Tata Teleservices (Maharashtra) +18.6%, KEI Industries −8.4%, Swiggy −5.5%, Creditaccess Grameen −4.7%, The Indian Hotels Company +3.9%.
- Institutional flows: foreign investors were net sellers of ₹3,459 crore and domestic institutions net buyers of ₹2,891 crore (provisional).
- Breadth: more stocks fell than rose (761 up, 2,124 down), so the move was broad-based.
Levels for Friday, 23 October
| Index | Close | Resistance (R1, R2) | Support (S1, S2) |
|---|---|---|---|
| Nifty 50 | 22,688 | 22,797, 22,906 | 22,567, 22,446 |
| Bank Nifty | 54,926 | 55,220, 55,515 | 54,545, 54,165 |
| Sensex | 73,249 | 73,645, 74,041 | 72,929, 72,609 |
How to read them: Nifty closed in the middle of the day's range (22,555–22,785). A move above 22,797 would take it towards 22,906; below 22,567, the next level is 22,446. Bank Nifty's first levels are 55,220 above and 54,545 below.
Weekly levels (week of 19–23 October)
| Index | Weekly resistance | Weekly support |
|---|---|---|
| Nifty 50 | 23,435, 23,723 | 22,573, 22,000 |
| Bank Nifty | 56,370, 56,896 | 55,013, 54,183 |
Stocks to watch on Friday
Volume and momentum
| Stock | Move today | Why it is on the list |
|---|---|---|
| Lagnam Spintex | +4.04% | 128x its usual volume, at a 52-week high |
| L&T Technology Ser. | +10.66% | 108x its usual volume |
| The India Cements | +12.04% | 92x its usual volume |
| Dcm Shriram Ind | +12.09% | 52x its usual volume |
| Swarnsarita Jewels Ind L | +16.89% | 52x its usual volume, at a 52-week high |
Weakness watch
| Stock | Move today | Why it is on the list |
|---|---|---|
| Mac Charles (India) | −2.07% | 80x its usual volume |
| Bansal Wire Industries L | −2.47% | 23x its usual volume |
| LMW | −1.79% | 20x its usual volume |
| Waaree Renewable Tech | −10.04% | 12x its usual volume, near its 52-week low |
| One Global Service Prov L | −12.32% | 10x its usual volume |
Events to watch
- Friday, 23 Oct: Jio Platforms IPO closes.
- Friday, 23 Oct: Paras Healthcare IPO closes.
- Friday, 23 Oct: results from Infosys, Shriram Finance, Adani Power, Coforge, Dr. Reddy's Laboratories, Tata Motors and 53 more.
- Saturday, 24 Oct: results from Kotak Mahindra Bank, Netweb Technologies India, Apollo Micro Systems, AU Small Finance Bank, IDFC First Bank and 17 more.
- Sunday, 25 Oct: results from Railtel Corporation Of India, Bharat Coking Coal.
- Monday, 26 Oct: EAAA India Alternatives IPO opens (₹1,585–1,665).
- Monday, 26 Oct: results from One 97 Communications, Ather Energy, REC, Sona BLW Precision Forgings, SMC Global Securities and 53 more.
- Tuesday, 27 Oct: BLS Polymers IPO opens (₹142–150).
Pokharna Research view
Nifty is -3.2% from its 50-day average and -6.0% from its 200-day average, and the Market Mood reads 39/100 (Fear). Losses were heaviest in Nifty Media, while breadth was negative. Next up: 59 results, including Infosys, Shriram Finance, Adani Power, Coforge. These are the main stock-specific triggers to watch.
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.