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Sensex, Nifty trade in green after cautious start
Oct-29-2026

Indian markets made a cautious start on Thursday tracking mixed cues from global peers after the US Federal Reserve held interest rates steady. Soon, markets gained some traction and were trading marginally higher in early deals, supported by a fall in crude oil prices from recent highs, as traders assessed fresh diplomatic efforts in West Asia to prevent a possible resumption of US military strikes on Iran. Also, foreign institutional investors bought equities worth Rs 871 crore, extending their buying streak, supported the up move. Traders overlooked the government data showing that Industrial production growth slowed to 6.7% in September compared to compared to 8% in August, mainly due to sluggish performance in manufacturing and mining activities.

On the global front, Asian markets were trading mostly lower as disappointing results from major technology companies reignited concerns over the sustainability of heavy investments in artificial intelligence.

The BSE Sensex is currently trading at 73387.01, up by 140.98 points or 0.19% after trading in a range of 73181.90 and 73506.93. There were 17 stocks advancing against 13 stocks declining on the index.

The top gaining sectoral indices on the BSE were Utilities up by 1.18%, Consumer Durables up by 0.67%, Energy up by 0.57%, PSU up by 0.46% and IT up by 0.44%, while Auto down by 0.59%, Industrials down by 0.42%, Capital Goods down by 0.41%, Consumer Discretionary down by 0.41% and Realty down by 0.32% were the top losing indices on BSE.

The top gainers on the Sensex were Adani Ports &Special up by 2.15%, TCS up by 1.57%, Power Grid up by 1.14%, NTPC up by 1.01% and Bharti Airtel up by 0.92%. On the flip side, Trent down by 1.26%, HDFC Bank down by 0.95%, Bajaj Finserv down by 0.74%, Bajaj Finance down by 0.68% and Maruti Suzuki India down by 0.63% were the top losers.

Meanwhile, with the aim to strengthen India’s economic cooperation with other countries, Commerce and Industry Minister Piyush Goyal met Liechtenstein’s Hereditary Prince Alois to discuss ways to deepen economic ties and explore investment opportunities under the India–European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA). The agreement between India and EFTA member states - Switzerland, Norway, Iceland and Liechtenstein - came into effect in October 2025.

Under the agreement, EFTA states aim to increase foreign direct investment (FDI) in India by $100 billion over 15 years and facilitate the creation of one million direct jobs. Goyal emphasised that India offers international businesses several advantages, including a large and growing domestic market, a skilled workforce, a competitive manufacturing ecosystem and access to expanding global value chains.

He invited companies from Liechtenstein to explore opportunities in India through manufacturing partnerships, technology collaboration, research and development, and deeper integration with Indian suppliers and micro, small and medium enterprises (MSMEs). The discussions also explored opportunities to expand industrial cooperation in areas such as precision engineering, advanced manufacturing, industrial technologies and innovation.

The CNX Nifty is currently trading at 22729.90, up by 31.05 points or 0.14% after trading in a range of 22656.75 and 22769.70. There were 23 stocks advancing against 26 stocks declining, while 1 stock remain unchanged on the index.

The top gainers on Nifty were Adani Ports & SEZ up by 2.03%, TCS up by 1.66%, BSE up by 1.20%, HCL Technologies up by 0.95% and Bharti Airtel up by 0.82%. On the flip side, Trent down by 1.25%, SBI Life Insurance down by 1.00%, Tata Consumer Products down by 0.91%, HDFC Bank down by 0.81% and Shriram Finance down by 0.74% were the top losers.

Asian markets were trading mostly in red; Taiwan Weighted lost 822.95 points or 1.75% to 46,212.63, Jakarta Composite plunged 136.88 points or 2.59% to 5,145.43, KOSPI dropped 96.89 points or 1.61% to 5,915.55, Shanghai Composite weakened 34.35 points or 0.93% to 3,647.12, Hang Seng declined 22.83 points or 0.1% to 23,072.00 and Straits Times fell 4.32 points or 0.08% to 5,410.94, while Nikkei 225 surged 335.81 points or 0.53% to 64,290.00.
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