Business EconomyPosted at: Oct 26 2026 5:42PM


Stock markets snap four-day losing streak, Nifty reclaims 22,700

New Delhi, Oct 26 (UNI) Indian stock markets on Monday ended higher, snapping a four-day losing streak. Nifty closed above 22,700 led by Pharma, Metal, Oil & Gas stocks. The market began the week on a negative note but staged a sharp recovery in early trade.
At close, the Sensex was up 482.92 points or 0.66 percent at 73,606.75, and the Nifty was up 153.20 points or 0.68 percent at 22,753.20. Nifty Midcap index added 1.2% and Smallcap index gained 1.4%.
On Nifty, the biggest gainers were Dr Reddy's Labs, BSE Limited, JSW Steel, Max Healthcare, Eternal, while losers included Shriram Finance, Tata Consumer, HDFC Life, Bajaj Finance and HDFC Bank.
Among the sectors, all other sectoral indices ended in the green except FMCG, media, consumer durables.
Pharma, Metal, Oil & Gas were up 1-2 percent, while Infra, IT, Private Bank, Energy up 0.5 percent each.
The Indian rupee ended lower for the third consecutive session falling 25 paise at 95.19 per dollar versus Friday's close of 94.94.
More than 500 stocks touched a 52-week low, including Atul, Bank of India, UTI AMC, Tata Consumer Products, CreditAccess Grameen, RailTel, Cholamandalam Financial Holdings, Sammaan Capital, Afcons Infrastructure, Sumitomo Chemical India, Linde India, NSDL, L&T Finance, Container Corporation of India, United Breweries, NCC, Voltas, Inox Wind, Aptus Value Housing Finance and Canara Bank., among others.
In terms of some of the individual performers, Ather Energy surged 13.7 percent, Kotak Mahindra Bank rose 2 percent, DCB Bank declined 3 percent, while Apollo Micro Systems jumped 10 percent.
Vinod Nair, Head of Research, Geojit Investments Limited, said, "Indian equities recovered from early losses, supported by value buying and strength in metals, power and healthcare. However, elevated crude prices, geopolitical uncertainty and caution ahead of the Fed, ECB and BoJ policy decisions kept sentiment measured.
"Mid- and small-caps also witnessed some recovery after last week’s sharp correction, although investors remained selective, favouring earnings visibility and valuation comfort. Early-bird quarterly results suggest a commodity-led earnings boost in power generation, metals and refining, but high energy costs and interest rates are forecast to moderate overall corporates growth in the coming quarters."
UNI VK RN
Tags: #Stock markets snap four-day losing streak# Nifty reclaims 22#700
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