The Indian stock market closed slightly lower on Tuesday, October 28, following a highly volatile trading session. Despite heavy intraday losses, late buying helped limit the downside, with frontline indices ending nearly flat.
The BSE Sensex fell 151 points (0.18%) to close at 84,628, after hitting the day’s low of 84,219.39. The Nifty 50 slipped 30 points (0.11%) to end at 25,936, recovering from an intraday low of 25,810.05.
Broader markets outperformed the benchmarks, with the BSE Midcap index up 0.12% and the BSE Smallcap index adding 0.06%.
Sector Performance
Most sectoral indices closed in the red, led by declines in IT, FMCG, and realty stocks. However, metals and PSU banks provided support, emerging as the top sectoral gainers. The Nifty PSU Bank index touched a new record high of 8,118.95, extending its yearly gain to 24%, making it the best-performing sector of 2025 so far.
Top Nifty 50 Gainers
Out of the 50 Nifty constituents, 21 stocks advanced, led by JSW Steel and Tata Steel, both up 2.82%. Other top gainers included SBI Life (↑1.62%), L&T (↑1.47%), and HDFC Life (↑1.32%).
Top Nifty 50 Losers
Bajaj Finserv was the worst performer, slipping 1.48%, followed by Trent, Coal India, Tech Mahindra, and ONGC, all losing over 1% each.
Most Active Stocks
Vodafone Idea was the most traded stock of the day, with 145.69 crore shares changing hands. Other active counters included Suzlon Energy, IDBI Bank, Yes Bank, and Tata Gold ETF.
Major Gainers & Losers
Four stocks posted double-digit gains, led by CarTrade Tech, which jumped 15.67% after a strong Q2 earnings report. Utkarsh RE (+11.14%), Davangere Sugar (+10.79%), and Newgen Software (+10.56%) also rallied sharply.
On the downside, Delphi World Money RE tumbled 40%, while Lypsa Gems, Epack Prefab Technologies, Bata India, and PSP Projects declined more than 6%.
Market Breadth
On the BSE, 1,910 stocks advanced, while 2,246 declined, reflecting a slightly negative market breadth. About 57 stocks hit new 52-week highs, including Bharti Airtel, Bank of India, Grasim, JSW Steel, and SBI.
Market Summary
Investor sentiment remained cautious amid weak global cues, muted FII participation, and upcoming central bank meetings. However, steady domestic inflows and strong corporate earnings continue to lend support to the market.
📉 Disclaimer: Stock market investments are subject to market risks. The above information is for news reporting and educational purposes only and does not constitute investment advice.
