Indian equity benchmarks logged decisive gains on Thursday, October 29, 2026, driven by aggressive broad-based buying. The BSE Sensex surged 905.01 points (or 1.24%) to settle at 74,151.04, while the NSE Nifty 50 rallied 237.90 points (or 1.05%) to finish the session at 22,936.75.
The rally was spearheaded by heavyweights in the banking, financial services, and IT sectors. Nifty Bank and Nifty IT gained well over 1.5% each, with top performers including ICICI Bank, HDFC Bank, Infosys, and Reliance Industries lifting the headline indices. Conversely, defensive pockets witnessed minor profit-taking, dragging select FMCG and healthcare counters lower.
Market sentiment was buoyed by supportive global cues following a strong overnight close on Wall Street and firm Asian markets. On the macroeconomic front, softening Brent crude oil prices and relative stability in the Indian Rupee against the US Dollar provided additional comfort to market participants. Robust net inflows from Domestic Institutional Investors (DIIs) outpaced subdued Foreign Institutional Investor (FII) selling, reinforcing upside momentum across secondary markets.