Stock Market Open Report Today, October 30, 2026: Sensex, Nifty Tick Higher On IT, Earnings As Oil Limits Gains

Mumbai, October 30: Sensex and Nifty 50 ticked higher on Friday as investors rotated to IT stocks amid an AI selloff in Asia. Earnings also aided gains which were capped by Brent crude hovering above $116 per barrel.

At 9.56 am, the BSE Sensex was at 74,286.66, up 135.62 points or 0.18 per cent from its previous close of 74,151.04. The 30-share index had ended 905.01 points higher on Thursday. 

At 9.58 am, the NSE Nifty 50 was at 22,972.85, higher by 36.10 points or 0.16 per cent from its previous close of 22,936.75. The index opened at 22,964.50 against its previous close and swung between a low of 22,923.80, below its previous close, and a high of 22,976.60, as per NSE data, reflecting the choppy start to the session. 

Sentiment was lifted by corporate earnings and the ECB and BoJ decisions to keep rates unchanged. The pause came after the US Federal Reserve held its benchmark rate at 3.75 to 4 per cent earlier this week. The cues added to the optimism left by Thursday’s 1.24 per cent surge in the Sensex. 

On the downside, Asian stocks fell on Friday morning, dragged by a Wall Street tech sell-off after disappointing quarterly earnings from Alphabet, Amazon and Intel. South Korea’s Kospi dropped 5.01 per cent to 5,640.46, Japan’s Nikkei fell 2.58 per cent to 62,993.86 and Taiwan’s benchmark lost 3.03 per cent to 44,962.42. 

India VIX, the fear gauge, rose 2.86 per cent to 15.55 from its previous close of 15.12. Among sectors, Nifty IT gained 1.54 per cent and Nifty Pharma added 1.10 per cent, while Nifty Consumer Durables fell 1.35 per cent. Nifty Midcap Select fell 0.77 per cent and Nifty Smallcap 100 lost 0.80 per cent, a sign that early buying was concentrated in frontline stocks. 

Gainers & Losers 

Trent (TRENT) led the gainers, jumping 5.54 per cent to a last traded price (LTP) of Rs 3,020.30 from its previous close of Rs 2,861.70, a rise of Rs 158.60 for a stock that was among the key laggards on Thursday, on a volume of 6.81 lakh shares. Sun Pharmaceutical Industries (SUNPHARMA) rose 1.86 per cent to Rs 1,793.70 from Rs 1,761.00, a gain of Rs 32.70, while Infosys (INFY) gained 1.74 per cent to Rs 1,166.45 from Rs 1,146.50, up Rs 19.95. Tech Mahindra (TECHM) advanced 1.36 per cent to Rs 1,793.70 from Rs 1,769.60, a rise of Rs 24.10, and HCL Technologies (HCLTECH) added 1.29 per cent to Rs 1,422.00 from Rs 1,403.90, up Rs 18.10. 

On the other side, Coal India (COALINDIA) was the top loser, down 1.59 per cent at Rs 386.85 against Rs 393.10, a fall of Rs 6.25, with 45.79 lakh shares changing hands. Nestle India (NESTLEIND) slipped 1.14 per cent to Rs 1,175.10 from Rs 1,188.60, down Rs 13.50, and Bharat Electronics (BEL) also fell 1.14 per cent to Rs 365.80 from Rs 370.00, a drop of Rs 4.20. Shriram Finance (SHRIRAMFIN) declined 0.96 per cent to Rs 833.00 from Rs 841.10, down Rs 8.10, while Tata Steel (TATASTEEL) lost 0.86 per cent to Rs 168.00 from Rs 169.46, a fall of Rs 1.46. 

Broad Markets & Sectoral Indices 

In the broader market, Nifty 100 Liquid 15 rose 0.27 per cent to 7,433.65, Nifty Top 20 Equal Weight gained 0.24 per cent to 8,574.15 and Nifty50 Equal Weight added 0.07 per cent to 31,062.55. Smaller companies were under pressure, with Nifty Microcap 250 down 0.97 per cent at 24,274.25, Nifty Smallcap 500 lower by 0.81 per cent at 19,370.10 and Nifty Smallcap 100 off 0.80 per cent at 18,661.15. Nifty Bank slipped 0.37 per cent to 54,706.95 and Nifty Financial Services eased 0.29 per cent to 24,633.45. 

Among sectoral indices, Nifty IT advanced 1.54 per cent to 32,355.80, Nifty Pharma gained 1.10 per cent to 27,005.70 and Nifty Healthcare Index rose 0.97 per cent to 16,351.55. On the losing side, Nifty Consumer Durables fell 1.35 per cent to 34,675.25, Nifty Metal declined 0.63 per cent to 11,773.80 and Nifty FMCG slipped 0.60 per cent to 43,619.50. 

Oil Prices 

Brent crude topped $116 per barrel in the morning, gaining $1.66 or 1.44 per cent to $116.54. West Texas Intermediate (WTI) crude rose $1.53 or 1.50 per cent to $103.53, while Murban crude eased $0.45 or 0.39 per cent to $114.76. The Opec basket was at $114.73, down $0.48 or 0.42 per cent. Natural gas fell 1.73 per cent to $2.901, even as gasoline rose 1.06 per cent to $3.219 and heating oil gained 0.65 per cent to $4.767. 

Asian Markets 

Asian stocks fell on Friday morning as a Wall Street tech sell-off, sparked by disappointing quarterly earnings from Alphabet, Amazon and Intel, intensified investor doubts over high valuations and heavy cash burn. Besides the Kospi, Nikkei and Taiwan declines, Shenzhen lost 1.23 per cent to 11,001.17 and Shanghai fell 0.79 per cent to 3,622.54. Hong Kong’s Hang Seng bucked the weak trend with a 1.00 per cent gain to 23,187.31, and Australia’s ASX 200 rose 0.43 per cent to 8,930.20. 

US Markets 

Wall Street ended lower on Thursday, with the tech-heavy Nasdaq falling 1.38 per cent to 26,184.72 and the Nasdaq 100 also down 1.38 per cent at 29,402.51. The S&P 500 slipped 0.30 per cent to 7,720.39 and the Dow Jones Industrial Average shed 0.25 per cent to 52,342.56. The VIX rose 1.71 per cent to 17.20, though the Russell 2000 gained 1.01 per cent to 2,859.22 and the Dow Jones Transportation Average added 0.96 per cent to 20,233.48. 

Middle East Conflict 

US President Donald Trump said Vice President JD Vance’s outreach to Iran was about helping the country get medical supplies, after US media reported that Vance had written to Iranian Security Council chief Mohsen Rezaei to revive peace talks, though Trump denied directing the move. Iran’s semi-official Tasnim news agency reported that Tehran has received the letter but has not responded, adding that Iran wants the US to meet its conditions. Parliament speaker Mohammad Baqer Qalibaf said progress is possible only if Iran’s seven conditions are met, which include lifting the US blockade on Iranian ports, lifting sanctions on Iranian oil exports and ending hostilities on all regional fronts before the Strait of Hormuz is reopened. The Wall Street Journal also reported that Admiral Brad Cooper, the senior US military officer overseeing the Middle East, met Trump at the White House on Thursday to outline military options in Iran, a report Reuters could not independently verify. 

Thursday’s Close 

The BSE Sensex surged 905.01 points or 1.24 per cent to close at 74,151.04, while the NSE Nifty 50 gained 237.90 points or 1.05 per cent to settle at 22,936.75, reclaiming the 22,900 mark after falling in six of the previous eight sessions. Market breadth was positive, with 2,443 stocks advancing, 1,615 declining and 127 unchanged, and the Nifty Midcap and Smallcap indices gained about 1 per cent each. Adani Ports rose 6.3 per cent to a near four-month high after higher quarterly profit, Adani Enterprises advanced 5.2 per cent, Kotak Mahindra Bank and Eternal were also among the top gainers, Power Grid gained 3.4 per cent and NTPC added 2.2 per cent, while Trent, Bajaj Auto, Maruti Suzuki, SBI Life Insurance and Hindalco Industries were among the key laggards. Most sectoral indices ended higher, with auto the exception, as the US Federal Reserve’s decision to hold rates at 3.75 to 4 per cent and upbeat earnings outweighed concerns over elevated crude prices. 

Source

•  NSE
• BSE
• Reuters
• OilPrice.com