Indian equity indices ended with gains; All the sectoral indices ended in green except Auto; Broader market indices ended higher

PRE MARKET

The Indian equity indices settled higher in Wednesday’s trade after declining in the previous session. The US Federal Reserve expected rate cut and hopes of an early India-US trade deal supported the market sentiment.

At close, the Sensex was up 368.97 points or 0.44 percent at 84,997.13, and the Nifty was up 117.70 points or 0.45 percent at 26,053.90. About 2404 shares advanced, 1576 shares declined, and 158 shares were unchanged.

Adani Enterprises, Power Grid Corp, NTPC, Adani Ports, JSW Steel were among the biggest gainers on the Nifty, while losers included Dr Reddy’s Labs, Bharat Electronics, Eternal, M&M, Coal India.

Among sectors, except auto (down 0.7%), all other indices ended in the green with media, metal, oil & gas up 1-2%.

Among the broader market indices, the BSE Midcap index added 0.7 percent, and the smallcap index rose 0.5%.

STOCKS TODAY

IOC

The shares of Indian Oil Corporation(IOC) went up 5.55 percent along with other oil marketing companies (OMC), as global oil prices extended their decline. This comes as a potential output increase by the OPEC+ increased concerns around oversupply.

TVS Motor Company

The shares of TVS Motor Company dropped nearly 2 percent in the early trading hours of October 29 after the company released its results for the second quarter of the financial year 2026. The shares of the company were trading at Rs 3,498.50 apiece.

Bosch

Shares of Bosch Ltd fell over 3 percent, as the automotive parts supplier said it may see supply chain disruptions due to “ongoing situation” surrounding private Dutch chipmaker Nexperia, which supplies electronic components tothe  company.

Suzlon Energy

Shares of Suzlon Energy Ltd rose 3.5 percent on October 29 after the company’s board approved the appointment of Rahul Jain as chief financial officer of the company, effective December 15.

Varun Beverages

Shares of Varun Beverages rose over 9 percent after it announced a partnership with Carlsberg for the beer business in Africa, and net profit inthe  September quarter rose 19%.

Source – Money Control