Stock Market Today 29 Oct: Nifty Rises 1.05% to 22,937
On this page 14 sections
In short: The Nifty 50 gained 237.90 points (+1.05%) to 22,936.75 and the Sensex rose 905.01 points (+1.24%) to 74,151.04. Bank Nifty gained 1.18%. Nifty Realty was the best sector (+2.75%) and Nifty Auto the weakest (−0.24%). Market breadth was positive: 1,793 stocks rose and 1,101 fell.
Today at a glance
| Index | Close | Change (pts) | Change (%) |
|---|---|---|---|
| Nifty 50 | 22,936.75 | +237.90 | +1.05% |
| Sensex | 74,151.04 | +905.01 | +1.24% |
| Bank Nifty | 54,909.65 | +642.25 | +1.18% |
| India VIX | 15.12 | −1.13 | −6.94% |
| Broader market | Change (%) |
|---|---|
| Nifty Midcap 100 | +0.99% |
| Nifty Smallcap 100 | +0.95% |
Market breadth: 1,793 stocks rose and 1,101 fell on NSE (main equity segment).
Sector performance
| Sector | Change (%) |
|---|---|
| Nifty Realty | +2.75% |
| Nifty FMCG | +2.34% |
| Nifty PSU Bank | +2.20% |
| Nifty Bank | +1.18% |
| Consumer Durables | +1.18% |
| Financial Services | +1.17% |
| Nifty Media | +1.10% |
| Nifty Energy | +1.01% |
| Nifty IT | +0.99% |
| Nifty Metal | +0.67% |
| Nifty Pharma | +0.64% |
| Healthcare | +0.58% |
| Nifty Oil & Gas | +0.54% |
| Nifty Auto | −0.24% |
Top gainers and losers (Nifty 50)
| Top gainers | Close (₹) | Change (%) |
|---|---|---|
| Adani Ports and Special Economic Zone | 1,872.00 | +6.29% |
| Adani Enterprises | 2,607.90 | +5.17% |
| Kotak Mahindra Bank | 459.00 | +4.32% |
| Eternal | 337.85 | +3.63% |
| Power Grid Corporation of India | 260.00 | +3.42% |
| Top losers | Close (₹) | Change (%) |
|---|---|---|
| Trent | 2,861.70 | −1.79% |
| Maruti Suzuki India | 11,426.00 | −1.32% |
| Bajaj Auto | 10,383.00 | −0.97% |
| SBI Life Insurance Company | 1,652.00 | −0.88% |
| Eicher Motors | 7,238.00 | −0.85% |
Market Mood: 55/100 (Neutral). See the Market Mood Meter.
In the news today
- Nasdaq futures fall over 300 points after key results; Fed policy treated as non-event by Wall Street
- Sensex today | Stock Market Live: Sensex settles 905 pts higher, Nifty ends above 22,900; Adani Ports, Kotak Bank top gainers
- TCS Share Price Live Updates: TCS Current Price Update
- Fed holds, crude stays high: Nifty edges up as bulls fight back at 22,600
- Gold slips as markets assess Fed signals, await US inflation data
- US Fed FOMC pauses interest rates: Can Nifty bulls take charge or will RBI hike spoil the rally? Investors guide
Results
Results with numbers today (56):
| Company | What the result shows (vs a year ago) | Stock today |
|---|---|---|
| 🟢 Welspun Corp | profit ₹495 cr (+12.6%) · revenue +6.2% | −2.5% |
| 🟢 Laurus Labs | profit ₹441 cr (+126.4%) · revenue +33.4% | +2.8% |
| 🔴 Interglobe Aviation | loss ₹1,879 cr · revenue +25.9% | −0.3% |
| 🟢 Pine Labs | profit ₹39 cr (+546.1%) · revenue +24.0% | +1.0% |
| 🔴 Suzlon Energy | profit ₹394 cr (-69.2%) · revenue +26.0% | −1.4% |
| 🟢 Coal India | profit ₹15,368 cr (+252.9%) · revenue +199.6% | +0.3% |
| 🟢 Asian Paints | profit ₹1,068 cr (+7.5%) · revenue +16.9% | +0.8% |
| 🔴 Ambuja Cements | profit ₹193 cr (-89.1%) · revenue +0.2% | +1.0% |
| ⚪ Shadowfax Technologies L | profit ₹68 cr | +1.4% |
| 🟢 Firstsource Solu. | profit ₹233 cr (+29.7%) · revenue +22.2% | −0.5% |
| 🟢 Paras Def And Spce Tech L | profit ₹30 cr (+46.8%) · revenue +42.9% | +2.1% |
| 🟢 Godrej Consumer Products | profit ₹523 cr (+13.8%) · revenue +15.4% | +1.8% |
Also reported today, figures awaited (63): Trent, Apar Industries, Mtar Technologies, Motilal Oswal Financial Services, Vedanta Power, Computer Age Management Services, Titagarh Rail Systems, Indian Energy Exchange
Due Friday, 30 Oct (134): Reliance Industries, PB Fintech, Bharat Electronics, Max Healthcare Institute, Dixon Technologies (India), GE Vernova T&D India, Sun Pharmaceutical Industries, Varun Beverages
Full list: Results calendar.
IPO watch
- SFC Environmental Technologies (Mainboard): open till 29 Oct, subscribed 9.47 times so far
- BLS Polymers (Mainboard): open till 29 Oct, subscribed 241.22 times so far
- M. K. Sons Fine Jewels (Mainboard): open till 30 Oct, subscribed 1.18 times so far
- Bombay Coated and Special Steels (Mainboard): open till 02 Nov, subscribed 2.67 times so far
- Maxwell Engineering Solutions (SME): opens 30 Oct
- HGS (India) (SME): opens 30 Oct
- Vedant Poly Fabs (SME): opens 02 Nov
More: IPO tracker.
Commodities (MCX)
| Commodity | Price | Change |
|---|---|---|
| Gold (₹/10 g) | ₹1,42,974 | −0.51% |
| Silver (₹/kg) | ₹1,90,465 | −1.99% |
| Crude oil (₹/bbl) | ₹9,612 | −1.90% |
| Natural gas (₹/mmBtu) | ₹281.3 | −4.03% |
| Copper (₹/kg) | ₹1,392.00 | −0.54% |
Stock lists
21 stocks hit a 52-week high, 68 are near a 52-week low and 77 traded at 3x their normal volume. See today's stock lists.
Why the market moved
- Nifty Realty led the gains (+2.75%).
- Nifty Auto was the weakest sector (−0.24%), with Maruti Suzuki India −1.3%, Bajaj Auto −1.0%, Eicher Motors −0.8%.
- Results reactions: Birlasoft +11.9%, eClerx Services −11.0%, Aeroflex Industries +9.4%, Zensar Technologies +8.1%, Senores Pharmaceuticals −7.9%.
- Volatility: India VIX fell 6.9% to 15.12, showing traders were calmer.
- Breadth: more stocks rose than fell (1,793 up, 1,101 down), so the move was broad-based.
Levels for Friday, 30 October
| Index | Close | Resistance (R1, R2) | Support (S1, S2) |
|---|---|---|---|
| Nifty 50 | 22,937 | 23,047, 23,157 | 22,742, 22,547 |
| Bank Nifty | 54,910 | 55,244, 55,578 | 54,312, 53,714 |
| Sensex | 74,151 | 74,484, 74,817 | 73,500, 72,849 |
How to read them: Nifty closed near the day's high (22,657–22,962). A move above 23,047 would take it towards 23,157; below 22,742, the next level is 22,547. Bank Nifty's first levels are 55,244 above and 54,312 below.
Weekly levels (week of 26–30 October)
| Index | Weekly resistance | Weekly support |
|---|---|---|
| Nifty 50 | 23,060, 23,519 | 22,256, 21,912 |
| Bank Nifty | 55,467, 56,646 | 53,525, 52,763 |
Stocks to watch on Friday
Volume and momentum
| Stock | Move today | Why it is on the list |
|---|---|---|
| V-Guard Ind | +7.90% | 82x its usual volume |
| Sanofi Cons Healthc Ind L | +4.37% | 52x its usual volume |
| Nilkamal | +13.63% | 33x its usual volume |
| Hubtown | +6.70% | 24x its usual volume |
| GRP | +3.22% | 22x its usual volume |
Weakness watch
| Stock | Move today | Why it is on the list |
|---|---|---|
| Equitas Small Fin Bnk | −12.22% | 49x its usual volume |
| Sudarshan Colornt Ind | −6.02% | 20x its usual volume |
| Lincoln Pharma | −8.64% | 15x its usual volume |
| Vaibhav Global | −15.72% | 13x its usual volume, near its 52-week low |
| Dalmia Bharat | −4.51% | 12x its usual volume, near its 52-week low |
Events to watch
- Friday, 30 Oct: M. K. Sons Fine Jewels IPO closes.
- Friday, 30 Oct: results from Reliance Industries, PB Fintech, Bharat Electronics, Max Healthcare Institute, Dixon Technologies (India), GE Vernova T&D India and 128 more.
- Saturday, 31 Oct: results from NTPC, Muthoot Finance, Central Depository Services (India), Neogen Chemicals, Quality Power Electrical Equipments and 61 more.
- Sunday, 01 Nov: results from Power Grid Corporation of India, Sai Parenterals.
- Monday, 02 Nov: Bombay Coated and Special Steels IPO closes.
- Monday, 02 Nov: results from Kanohar Electricals, ITC, One Mobikwik Systems, National Aluminium Company, ESDS Software Solution and 145 more.
Pokharna Research view
Nifty is -1.5% from its 50-day average and -4.7% from its 200-day average, and the Market Mood reads 55/100 (Neutral). Gains were led by Nifty Realty, while breadth was positive. Next up: 134 results, including Reliance Industries, PB Fintech, Bharat Electronics, Max Healthcare Institute. 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.