The Indian stock market witnessed a rise in early trading on Wednesday. Despite mixed signals from global markets, the major domestic indices, Sensex and Nifty, traded with gains.
The Indian stock market has been facing a decline for the past several days due to political changes and changing or increasing tensions in the war situation.
Indian stock markets opened lower on October 26, with the Sensex dropping 133.79 points and the Nifty opening at 22,524.40. Selling in IT stocks, elevated crude oil prices and global uncertainty weighed on investor sentiment, despite buying by foreign and domestic institutional investors in the previous session.
Eight of India's 10 most valuable listed companies lost Rs 1.56 lakh crore in market capitalisation last week. HDFC Bank and Bajaj Finance recorded the biggest declines amid a broad equity sell-off.
Indian markets slipped in early trade on Friday after Thursday's strong rally. IT shares offered support, while several other sectors declined as investors tracked quarterly earnings and global cues.
Indian equity benchmarks opened higher on Thursday, with the Sensex rising 183.91 points and the Nifty gaining 48.60 points. IT, FMCG, auto and private bank stocks led early gains, while metal and PSU bank shares declined amid weak global cues.
Indian stock markets opened nearly flat on Tuesday, with the Sensex up 27.05 points and the Nifty gaining 0.80 points. IT and realty stocks led sectoral gains, while healthcare and pharma shares came under pressure.
Crude oil prices remaining above $100 per barrel, key inflation data from India and the US, the rupee's movement, global bond yields, and the possibility of a rise in corporate quarterly results will be key factors determining the direction of the Indian stock market next week.
Foreign investors sold shares worth Rs 30,294 crore during the week ending October 9, 2026, while domestic institutional investors bought Rs 30,313 crore. September also saw net FPI outflows of Rs 35,861 crore, with Financial Services recording the largest sectoral outflow.
The Indian stock market opened on a positive note on Friday. Despite the US suspending several major IT and outsourcing companies from the Permanent Labor Certification Program, the IT sector witnessed strong buying.