Share Market 29 October 2026: Nifty, Sensex Rally

Share Market 29 October 2026: Nifty, Sensex Rally

New Delhi, October 29, 2026: Indian equity markets ended Thursday's trading session on a strong positive note as buying interest lifted the benchmark indices. The Nifty 50 advanced 237.90 points, or 1.05%, to settle at 22,936.75. The BSE Sensex gained 905.01 points, or 1.24%, to close at 74,151.04. Bank Nifty also finished higher, supported by buying across banking and financial stocks.

Nifty 50 Closing Report on October 29

The Nifty 50 witnessed a positive trading session on Thursday. The index opened at 22,690.65 and moved between an intraday low of 22,656.75 and a high of 22,961.95.

At the closing bell, the benchmark index stood at 22,936.75, registering a gain of 237.90 points or 1.05%.

Buying in heavyweight stocks and strength across several sectoral indices helped the Nifty maintain its positive momentum.

Sensex Jumps 905 Points

The BSE Sensex delivered a strong performance during Thursday's session. The 30-share index climbed 905.01 points, representing a 1.24% increase, to finish at 74,151.04.

Buying in Adani Group companies, Power Grid and Kotak Mahindra Bank contributed to the positive market sentiment. Gains across major financial and consumer-oriented stocks also supported the broader market.

Bank Nifty Gains 642 Points

Banking stocks remained in focus on October 29 as the Bank Nifty recorded a gain of 642.25 points, or 1.18%, to close at 54,909.65.

The buying interest in banking and financial counters helped the banking index maintain its upward movement. Investors will continue tracking quarterly earnings, credit growth and interest rate developments for further direction.

Top Nifty 50 Gainers and Losers

Several large-cap stocks outperformed the broader index, while selected automobile and consumer stocks ended the session lower.

Top Gainers

• Adani Ports: Up 6.29%
• Adani Enterprises: Up 5.17%
• Kotak Mahindra Bank: Up 4.32%
• Eternal: Up 3.63%
• Power Grid: Up 3.42%

Top Losers

• Trent: Down 1.79%
• Maruti Suzuki: Down 1.32%
• Bajaj Auto: Down 0.97%
• SBI Life Insurance: Down 0.88%
• Eicher Motors: Down 0.85%

Sectoral Performance: Realty and FMCG Lead

Sector-wise buying was visible across several segments of the Indian stock market. Realty, FMCG and PSU banking stocks were among the stronger performers.

The sectoral performance was as follows:

• Nifty Realty: +2.75%
• Nifty FMCG: +2.34%
• Nifty PSU Bank: +2.20%
• Nifty Bank: +1.18%
• Consumer Durables: +1.18%
• Nifty IT: +0.99%
• Nifty Metal: +0.67%
• Nifty Auto: -0.24%

The performance indicated broader participation in the market rally, although selected automobile stocks continued to face selling pressure.

What Supported the Market Rally?

Several domestic and global developments influenced investor sentiment during Thursday's session.

The US Federal Reserve's decision to maintain its policy rate in the 3.75%-4% range, relatively softer crude oil prices and renewed institutional buying were among the factors supporting market sentiment.

Positive movement in heavyweight stocks and buying across financial, power, FMCG and realty counters further strengthened the benchmark indices.

What Should Investors Watch Next?

Market participants will closely monitor the Nifty's movement around the 22,900 level, while the Sensex's performance near 74,000 and Bank Nifty's movement around 55,000 may remain important areas of attention.

These levels are reference points rather than guaranteed support or resistance levels. The next market direction could depend on corporate earnings, foreign institutional flows, currency movements, crude oil prices and international market trends.

Conclusion

The Indian stock market closed Thursday, October 29, 2026, with strong gains across all three major benchmarks. The Nifty 50 rose 1.05%, the Sensex advanced 905.01 points and the Bank Nifty gained 1.18%. Buying in banking, FMCG, realty and selected heavyweight stocks supported the rally. Investors will now look for fresh earnings and global cues to assess the market's next move.

Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Investors should consult a qualified financial adviser before making investment decisions.