Stock Market Today

Why the market moved

Indian markets ended Wednesday, 28 October 2026 on a mixed note, with the NIFTY 50 slipping 0.22% and the SENSEX falling 0.48%, even as broader indices held up better — the NIFTY Smallcap 100 gained 0.90% and the NIFTY Midcap 100 rose 0.43%. Oil & Gas and IT were the heaviest drags on the session, with Reliance Industries falling 3.19% and Infosys dropping 3.43% among the biggest weights pulling the NIFTY 50 lower. On the positive side, Auto and Consumer Durables led sectoral gains, while Apollo Hospitals, Larsen & Toubro, and Trent were among the top individual contributors lifting the index. The cause of the divergence between large-caps and the broader market is not entirely clear from available data, though foreign institutional investors were net buyers of Rs 4,240 crore in the previous session.

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