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Indian Markets ended flat after choppy session; Mid & Smallcaps Continue to Shine

By HDFC SKY | Last Updated: Oct 28, 2026

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US equities rebounded as tech and semiconductor stocks surged on renewed AI optimism following Anthropic’s IPO filing, while Treasury yields were steady and oil rose on fresh Middle East supply concerns. Asian markets tracked the upmove.

Nifty closed flat but showed resilience, holding above key support at 22,350–22,400. A breakout above 22,825 could open 23,175, with results and central‑bank decisions guiding near‑term sentiment.

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