On Monday, October 27, Indian equity benchmark indices ended higher, led by Reliance Industries and Bharti Airtel. After a gap-up opening, the Nifty 50 touched an intraday high of 26,005. For the rest of the day, the index consolidated within a range but closed below the 26,000 mark.
At the close, the Nifty 50 surged by 170.90 points, or 0.66%, to settle at 25,966.05, while the Sensex gained 566.96 points, or 0.67%, ending at 84,778.84. Both benchmark indices remain just about 1.2% below their record highs. Meanwhile, India’s volatility index, India VIX, which had seen a sharp jump on an intraday basis, ended higher by over 2%.
The broad-based rally was led by firming expectations of US rate cuts and progress in US-China trade negotiations.
On the sectoral front, 9 out of 11 sectors closed in positive territory. Nifty Metals and Nifty Oil and Gas indices rose 1.16% and 1.52%, respectively. Nifty Metal and Nifty Oil & Gas indices advanced as sentiment improved following the announcement of the US–China trade deal framework, which helped ease worries that continued trade barriers between the two largest economies might slow global demand and economic momentum.
Meanwhile, broader markets outperformed frontline indices, with both Nifty Midcap and Smallcap ending in positive terrain.
Among individual stocks,
The Nifty PSU Bank index climbed 2.2%, recording a new all-time high. In contrast, the Nifty Media index declined 0.26%, with Zee Entertainment, Nazara Technologies, and Network18 falling more than 1%.
The key drivers of the index gains were:
On the other hand, these stocks weighed on the index:
The broader market indices ended on a positive note on Monday. The Mid-cap 100 index jumped by 0.93% and the Small-cap 100 ended up by 0.82%.
As of October 27, 2025, the market breadth was in favour of advancing stocks. Out of 3,241 stocks traded on the NSE, 1,638 advanced, 1,507 declined, and 96 remained unchanged.
A total of 89 stocks touched their 52-week highs, while 57 hit their 52-week lows. Additionally, 85 stocks were locked in their upper circuits, whereas 86 stocks were in lower circuits.
Disclaimer: The article is for informational purposes only and not investment advice.