Can Sensex and Nifty Hold the IT-Fuelled 1.6% Rally as GIFT Nifty Flashes Red?

Dailyfinancial.in Market Desk | Wednesday, 14 October 2026 | Closing data as of market close, 13 October 2026, with pre-open cues for 14 October

Forty-six of fifty. That is how many Nifty 50 stocks closed higher on Tuesday, 13 October 2026, as a ferocious IT rally lifted the benchmark 1.60% and pushed the BSE Sensex up by more than 1,100 points. Yet as Wednesday dawns, GIFT Nifty is signalling a softer open, Brent crude is back above $107 a barrel on fresh Houthi attacks, and September CPI inflation has jumped to 5.54%.

So is this a genuine turn or a relief bounce inside a downtrend? This briefing on the stock market today, 14 October 2026, answers exactly that. You will get verified closing data for the BSE Sensex, NSE Nifty 50 and Nifty Bank, the macro forces behind the move, Nifty levels and option data, global cues, 16 stock screens, sector performance India 2026, top gainers and losers, actionable stock ideas and three model portfolios built for different risk appetites.

Indian Market Overview: Why Did Dalal Street Rip Higher Just Days After a 2026 Low?

The short answer is earnings plus relief. HCLTech’s September-quarter numbers, released on 12 October, revived faith in Indian IT, while Finance Minister Nirmala Sitharaman’s remark that she was keen to hear market participants’ views on long-term capital gains tax and securities transaction tax lifted broader sentiment, according to Business Standard.

Breadth was decisively bullish. Within the Nifty 50, the advance-decline ratio stood at 46:4, while on the BSE 2,303 stocks advanced, 1,711 declined and 162 were unchanged. The Sensex covered a wide 1,342-point intraday range and finished just 12 points shy of its high, a sign that buyers stayed in control into the closing bell.

Money flows, however, tell a more nuanced story. NSE provisional data shows FIIs sold ₹1,305.13 crore on 13 October while DIIs bought ₹2,439.24 crore, a net domestic cushion of ₹1,134.11 crore. For October so far, FIIs have sold ₹42,792.10 crore against DII purchases of ₹45,839.50 crore.

Investor sentiment has clearly improved, with India VIX sliding 7.41% to 14.04. Still, the blog’s own analysis is that this rally rests on narrow, earnings-led leadership in IT, and the next few sessions of bank results will decide whether it broadens.

Key Economic Drivers: Is India’s Growth Story Strong Enough to Offset Rising Inflation?

Markets do not trade in a vacuum. Four official data points shape how investors are pricing Indian equities right now, and two of them point in opposite directions.

India GDP Growth: Does a 7.8% Quarter Still Deserve a Premium?

According to MoSPI, India’s real GDP grew 7.8% in Q1 FY27 (April to June 2026), with real output at ₹81.36 lakh crore against ₹75.46 lakh crore a year earlier. Nominal GDP grew 10.3% to ₹88.27 lakh crore, gross value added rose 8.2%, manufacturing expanded 9.2% and gross fixed capital formation climbed 11.9%.

The Q4 FY26 figure was revised to 8.6%, so growth has moderated but remains robust. The RBI has raised its FY27 GDP forecast to 7.1% from 6.7%, and Q2 FY27 data is due on 30 November 2026.

What this means for markets: Strong capex-led growth supports earnings for capital goods, banks and cement, but slowing momentum from 8.6% to 7.8% means valuations will lean more on actual profit delivery than on macro optimism.

CPI Inflation Trend: Why Did September’s 5.54% Print Rattle Bond Markets?

CPI inflation for September 2026 rose to 5.54% from 4.83% in August, MoSPI data released on 12 October showed, the highest reading since October 2024 and above the 5.4% consensus. Food inflation hit 7.74%, and prices rose 0.69% month on month under the new 2024=100 base.

This matters because inflation now sits above the RBI’s own FY27 projection of 5.2%. October CPI data will be released on 12 November.

What this means for markets: Higher inflation keeps the 10-year government bond yield elevated near 7.35%, which pressures rate-sensitive sectors such as realty, NBFCs and autos, and raises the risk of further RBI tightening.

RBI Repo Rate: What Does the First Hike Since February 2023 Signal?

At its 5 to 7 October meeting, the RBI’s Monetary Policy Committee unanimously raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023. The stance shifted to calibrated tightening, with the Standing Deposit Facility at 5.25% and the Marginal Standing Facility and Bank Rate at 5.75%.

With September CPI at 5.54% and the repo rate at 5.50%, India’s real policy rate has turned marginally negative. That arithmetic keeps the door open to another move if food prices do not cool.

What this means for markets: Banks may see near-term support to margins from higher lending rates, but borrowers, NBFCs and consumption-heavy stocks face a tighter liquidity backdrop.

PLFS Unemployment Data: Is the Jobs Market Quietly Strengthening?

The Periodic Labour Force Survey for August 2026 showed the all-India unemployment rate easing to 5.0% from 5.1% in July. Rural unemployment fell to 4.1%, its lowest since January 2026, while urban unemployment was 6.8%.

Labour force participation stood at 55.6%, the worker population ratio at 52.8% and female participation at 34.8%.

What this means for markets: Improving rural employment supports demand for two-wheelers, FMCG staples and rural-focused lenders, partly offsetting the inflation drag on household budgets.

Nifty Today: Did the 50-Stock Index Just Print a Bullish Reversal Candle?

Tuesday’s Nifty session was a textbook trend day. Here is the full point-by-point breakdown, as of market close, 13 October 2026.

• Open: 22,364.15, almost flat against the previous close of 22,363.35.
• High: 22,721.95, which was also the close.
• Low: 22,288.45, giving a 433.50-point intraday range.
• Close: 22,721.95, up 358.60 points or 1.60%.
• Distance from 2026 low: The index is 2.44% above its 2026 intraday low of 22,179.90 hit on 8 October.
• Support levels: 22,600 (Liquide), then 22,300 (Upstox).
• Resistance levels: 22,800 (Liquide), then the 20-day moving average near 22,875 (Upstox), only 0.67% above the close.
• Classic pivot for 14 October: Pivot 22,577.45, R1 22,866.45, R2 23,010.95, S1 22,432.95, S2 22,143.95 (blog’s calculation from the 13 October high, low and close).
• Put-Call Ratio: 0.60 as of the 12 October close for the 13 October expiry series (Upstox), reflecting heavy call writing before the rally.
• Maximum Call OI: 22,600 strike with 176.82 lakh contracts; Maximum Put OI: 22,000 strike with 128.74 lakh contracts (5paisa, 12 October data). Max pain stood at 22,400.
• Candlestick pattern: A long bullish candle with no upper shadow, close to a bullish Marubozu, showing buyers dominated from open to close.
• Trend verdict: Short-term bullish reversal within a broader downtrend; the index crossed its 20 and 50 hourly EMAs, per Upstox, but remains below the 20-DMA.
• Outlook for the next session: GIFT Nifty indicates a lower start near 22,770. Holding 22,577 to 22,600 keeps the bounce alive, while a close above 22,875 would open 23,000. The next weekly expiry falls on 19 October.

BSE Sensex vs Nifty 50 Trend in October 2026: Who Is Winning the Month So Far?

Because September has closed, this comparison tracks every October 2026 trading session so far, measured against the 30 September closes of 72,480.29 for the Sensex and 22,620.45 for the Nifty.

The Sensex is ahead in October, up 0.76% month to date against 0.45% for the Nifty, because its heavier weighting of large IT and private financial names benefited more from Tuesday’s rally. The swings have been violent, with five of nine sessions moving more than 0.9%, which matches the elevated VIX regime.

The 8 October low, triggered by FII selling of ₹12,943.58 crore in a single day, now looks like a capitulation point. Unless the Nifty closes back below 22,231, the blog’s reading is that the month has shifted from distribution to cautious accumulation.

Latest Market News Highlights: Which Headlines Are Moving Your Portfolio Today?

Here are the eight developments driving the latest market news cycle, each with its immediate impact and the stocks or sectors in play.

• HCLTech lights the IT fuse. HCLTech reported a 21.2% year-on-year rise in September-quarter net profit and declared a ₹12 interim dividend. The stock jumped 8.42% to ₹1,326 on 2.17 crore shares, dragging Nifty IT up 5.22%. Stocks affected: HCLTech, TCS, Tech Mahindra, Infosys, Wipro.
• TCS adds weight to the IT turnaround. TCS posted Q2 FY27 net profit of ₹13,934 crore, up 14.9%, on revenue of ₹73,188 crore, with a 24% operating margin, annualised AI revenue of $3.1 billion and deal wins (TCV) of $9.6 billion. The stock rose 6.79% to ₹2,269.30.
• CPI inflation spikes to 5.54%. September CPI, released on 12 October, came in above estimates. Impact: bond yields stayed near 7.35% and rate-sensitive realty and NBFC stocks remain vulnerable to any further RBI tightening.
• Finance Minister opens the door on LTCG and STT. Nirmala Sitharaman said she is keen to hear market participants’ views on capital gains tax and securities transaction tax, Business Standard reported. Impact: broad sentiment boost, with capital-market plays such as BSE Ltd and brokers in focus.
• FII selling streak stretches to 13 sessions. Cumulative FII outflows during the streak reached about ₹76,995 crore, and Equitymaster noted foreign investors had pulled nearly US$30 billion from Indian equities in 2026 by 6 October. Impact: DIIs, with ₹45,839.50 crore of October buying, remain the market’s shock absorber.
• RBI moves to steady the rupee. The rupee jumped 1% to 95.7575 per dollar on 12 October after the RBI tightened rules on rupee non-deliverable derivative contracts, Bloomberg reported, and closed near 95.31 on 13 October. Impact: relief for importers and oil marketing companies.
• Crude climbs on Houthi attacks. Brent was above $107 a barrel on the morning of 14 October after fresh Houthi attacks, Business Standard Hindi reported, and Mirae Asset sees scope for $120. Impact: pressure on OMCs, paints, aviation and the current account.
• Results season shifts to banks. BHEL, CEAT, ICICI Lombard, Canara Bank, HDB Financial, Tata Technologies and MRPL report on 14 October; Wipro, Tech Mahindra, Nestle India, Jio Financial, IRFC, HDFC AMC and Persistent on 15 October; HDFC Bank, ICICI Bank, Axis Bank and Yes Bank on 17 October. Impact: stock-specific volatility across banking and IT.

Global Cues: Did Wall Street, Asia and Europe Help or Hurt Indian Stocks?

Foreign indices sent mixed signals. Wall Street was flat to slightly lower, Seoul suffered a dramatic chip-led crash, and European bourses held firm.

How each cue influenced Indian markets:

• Wall Street: The flat S&P 500 and slightly weaker Nasdaq gave little direction; traders are waiting for US CPI for September, due on 14 October with a 3.7% headline consensus.
• US Treasury yields: A 10-year yield near 5.22% leaves the India-US yield gap at only about 213 basis points against India’s 10-year near 7.35%, which explains persistent FII selling.
• KOSPI crash: The 5.46% plunge on fears that China’s CXMT will undercut Samsung and SK Hynix in memory chips hit Asian tech sentiment but had limited spillover into Indian IT, which is services-led.
• Nikkei and Asia: The 1.82% Nikkei fall weighs on Asian risk appetite this morning, while modest gains in Hang Seng and Shanghai offered some balance.
• Europe: Firm European closes support global risk appetite and matter for Indian IT, since Europe is a key revenue region for TCS, HCLTech and Tech Mahindra.
• Dollar and rupee: A softer DXY and RBI curbs on rupee NDF contracts helped the rupee recover from about 96.73 on 9 October, easing pressure on importers.
• Brent crude: Crude above $107 is the single biggest macro risk for India, feeding inflation, the fiscal math of OMCs and the current account.
• Gold: Gold near $4,163 reflects lingering global anxiety, keeping Indian bullion and jewellery stocks sensitive to every swing.

Performance Overview: Which Top NSE/BSE Stocks Passed Our 16 Screens?

Every screen below uses verified prices and metrics with the reference date stated. Where a category depends on proprietary indicators not published by the exchanges, we disclose the substitute rule we used so that each column carries real, checkable data.

Daily Fresh Breakouts: Who Smashed Through Resistance on 13 October?

Screening criteria: Nifty or F&O stocks that rose more than 4% on 13 October on above-average volume or to a fresh multi-year or record high.

Weekly Breakouts: Which Stocks Led the Week That Broke an 8-Week Losing Streak?

Screening criteria: Strongest gains over the week of 5 to 9 October (when the Nifty rose 0.44% and snapped an eight-week losing streak, its longest in about 25 years) or over a recent multi-session window, with the window stated.

Oversold Stocks: Which Fallen Blue Chips Look Stretched to the Downside?

Screening criteria: Daily RSI values are proprietary to charting platforms, so this screen uses the closest verifiable substitute: large caps with the steepest one-year, year-to-date or weekly drawdowns, which typically coincide with RSI readings in or near oversold territory.

Stocks Nearing Breakout: Who Is Knocking on a Big Round-Number Door?

Screening criteria: Stocks that gained on 13 October and now sit within 6% of a major psychological resistance level, with the gap calculated by the blog.

Short-Term Buys: Which Momentum Names Fit a 2 to 4 Week Window?

Screening criteria: Blog’s own analysis: strong close on 13 October, a clear near-term catalyst and a definable stop loss.

FII Holding Changes: Where Is Foreign Money Quietly Accumulating?

Screening criteria: Companies where FII shareholding rose meaningfully over recent quarters through September 2026, per Equitymaster’s 8 October review of shareholding data. Price columns are replaced with stake data because the stake change is the signal.

DII Holding Changes: How Much Firepower Did Domestic Institutions Deploy?

Screening criteria: Stock-level DII shareholding for the September 2026 quarter is still being filed, so this table tracks verified day-wise DII flows from NSE provisional data, the clearest real-time read on domestic institutional positioning.

At the stock level, the standout domestic move came in Groww, where mutual fund holdings jumped from 3.34% to 10.72%, while mutual funds trimmed Capri Global from 7.06% to 6.81% even as FIIs bought.

Upcoming Dividends: Which Record Dates Fall This Week?

Screening criteria: Declared dividends with record dates between 14 and 16 October 2026, from company exchange filings.

Long-Term Buys: Which Blue-Chip Stock Picks Can Compound Through 2027?

Screening criteria: Blog’s own analysis: high return ratios, low leverage, visible earnings drivers and a reasonable valuation after the 2026 correction.

High Dividend Yield Stocks: Where Can Income Investors Earn 4% to 6%?

Screening criteria: Highest dividend yields among quality names per Angel One screener data as of 28 September 2026, filtered for ROE above 20%.

Fundamentally Strong Stocks: Which Balance Sheets Are Built to Last?

Screening criteria: ROE above 20%, debt-to-equity at or below 0.12 and recent profit growth or a strong margin profile (Angel One and company filings, September to October 2026).

Low Debt Mid Caps: Which Mid-Sized Companies Carry Almost No Leverage?

Screening criteria: Market capitalisation roughly between ₹20,000 crore and ₹65,000 crore with debt-to-equity at or below 0.04 (Sahi screener data as of 5 August 2026 and Angel One data as of 28 September 2026), plus Shyam Metalics for its internally funded expansion.

Cash-Rich Small Caps: Which Smaller Names Are Sitting on Clean Balance Sheets?

Screening criteria: Small caps described as debt-free or virtually debt-free in Angel One data (29 September 2026) and Equitymaster’s review (8 October 2026), with positive return ratios. Only three names met all filters with verified data.

Volume Shockers: Where Did Unusual Money Show Up on 13 October?

Screening criteria: Stocks with the highest traded volumes relative to their recent average on 13 October, per 5paisa data.

52-Week Highs: Which Leaders Are Making New Peaks in a Falling Market?

Screening criteria: Stocks that hit a fresh 52-week, multi-year or record high in October 2026. Only three verified names qualified, which itself shows how narrow leadership is in 2026.

52-Week Lows: Which Names Are Still Searching for a Floor?

Screening criteria: Stocks and benchmarks that hit a 52-week or 2026 low recently or have suffered the deepest declines, with the low and date stated.

Sector Performance India 2026: Is IT’s Comeback Real or Just a Short-Covering Burst?

Tuesday’s sectoral map was green almost everywhere, but the size of IT’s move stands apart. The table compares the two most recent rally days, according to NSE sectoral index data compiled by Liquide.

Leaders are clear: IT, realty and consumer durables dominated, with IT notching its best day in more than 17 months. Laggards were pharma and energy, a classic risk-on rotation away from defensives and crude-exposed names.

PSU banks moved roughly in line with the market, with SBI rising 1.70% to ₹957. The blog’s view is that IT’s move is earnings-backed rather than pure short covering, because two of the four largest IT companies have already beaten estimates.

Top 10 Gainers and Top 10 Losers: Who Won and Who Lost the Nifty 50 Battle?

The table of winners reads like a roll call of Indian IT and financials, as of market close, 13 October 2026.

The losers’ table is unusually short because only four Nifty 50 stocks declined on 13 October, matching the 46:4 advance-decline ratio. That scarcity is itself one of the strongest breadth readings of 2026.

Stock Recommendations for Today: Which 6 Setups Offer the Best Risk-Reward?

These ideas are the blog’s own technical and fundamental analysis based on prices as of market close, 13 October 2026. Given GIFT Nifty’s weak signal, staggered entries are preferable to chasing the open.

TCS: Can the AI Deal Pipeline Power Another Leg Up?

• CMP: ₹2,269.30 (13 Oct close)
• Trigger: Earnings-led breakout with 1.10 crore shares traded; record date for ₹12 dividend on 14 October
• Entry range: ₹2,230 to ₹2,270
• Target: ₹2,420 (about 6.6% upside)
• Stop loss: ₹2,170 (about 4.4% risk)
• Time frame: 2 to 4 weeks
• Rationale: AI revenue of $3.1 billion and TCV of $9.6 billion show demand visibility
• Key risk: Stock may drift lower as it trades ex-dividend; weak US tech

HCLTech: Will the Results Gap-Up Hold Above ₹1,300?

• CMP: ₹1,326.00 (13 Oct close)
• Trigger: 8.42% gap-up on results with the highest volume among Nifty IT names
• Entry range: ₹1,300 to ₹1,330
• Target: ₹1,420 (about 7.1% upside)
• Stop loss: ₹1,265 (about 4.6% risk)
• Time frame: 2 to 4 weeks
• Rationale: 21.2% profit growth and ₹12 dividend (record date 16 October)
• Key risk: Gap-fill pullback toward ₹1,250 is possible

Shriram Finance: How Far Can the Record-High Run Stretch?

• CMP: ₹988.00 (13 Oct close)
• Trigger: Record high with 81.1 lakh shares traded
• Entry range: ₹965 to ₹990
• Target: ₹1,060 (about 7.3% upside)
• Stop loss: ₹940 (about 4.9% risk)
• Time frame: 3 to 6 weeks
• Rationale: Strategic support from MUFG’s 20% stake
• Key risk: Headline risk if acquisition reports fade; NBFCs are sensitive to the repo hike

Bajaj Finance: Is ₹1,000 the Level That Unlocks the Next Move?

• CMP: ₹982.75 (13 Oct close)
• Trigger: Buy only on a closing move above ₹1,000
• Entry range: ₹1,000 to ₹1,010
• Target: ₹1,075 (about 7.0% upside)
• Stop loss: ₹955 (about 5.0% risk)
• Time frame: 2 to 4 weeks
• Rationale: Financial Services index leadership and round-number breakout
• Key risk: Higher funding costs after RBI tightening

Trent: Will the Zudio Engine Keep the Breakout Alive?

• CMP: ₹2,987.80 (13 Oct close)
• Trigger: Holding above the ₹2,909 breakout level
• Entry range: ₹2,930 to ₹2,990
• Target: ₹3,200 (about 7.1% upside)
• Stop loss: ₹2,850 (about 4.6% risk)
• Time frame: 4 to 6 weeks
• Rationale: Zudio crossed 1,000 stores, supporting growth visibility
• Key risk: Food inflation may hurt discretionary spending

SBI: Is the PSU Giant Ready to Retest ₹1,000?

• CMP: ₹957.00 (13 Oct close)
• Trigger: Rate-hike beneficiary trading 4.49% below ₹1,000
• Entry range: ₹945 to ₹960
• Target: ₹1,020 (about 6.6% upside)
• Stop loss: ₹920 (about 3.9% risk)
• Time frame: 3 to 5 weeks
• Rationale: Repo at 5.50% supports lending yields
• Key risk: Treasury losses if bond yields climb further

Portfolio Suggestions by Risk Appetite: How Should You Position for the Rest of October?

Each model portfolio below is the blog’s own illustrative allocation, built from stocks with verified recent earnings or balance-sheet data. Adjust weights to your own goals and time horizon.

Conservative Portfolio: Can You Earn Steady Income Without Losing Sleep?

• Pros: High dividend income, low leverage and lower volatility.
• Cons: Limited upside if the market rallies sharply; IT concentration of 45% adds currency and global demand risk.

Moderate Portfolio: How Do You Balance Growth and Safety?

• Pros: Diversified across six sectors with a mix of rate beneficiaries and growth names.
• Cons: Higher sensitivity to bond yields and consumer slowdown if inflation keeps rising.

Aggressive Portfolio: Where Are the Highest-Growth Bets for 2026?

• Pros: Exposure to the fastest earnings growth and rising FII interest.
• Cons: High volatility, smaller companies and event risk; position sizes should be kept small.

Final Thought: Is This the Bottom, or Just a Breather Before the Next Test?

Tuesday’s rally changed the tone of October, but not yet the trend. The Nifty is back in the green for the month, the VIX has cooled, and earnings are finally giving bulls something concrete to hold on to.

Three insights stand out from this briefing. First, the India-US 10-year yield gap has narrowed to about 213 basis points, a structural reason for FII selling that no single rally fixes. Second, inflation has overtaken the repo rate, so the RBI may not be done tightening. Third, only three verified stocks made fresh 52-week highs while every major IT name is still down sharply over a year, which means leadership is just beginning to rotate.

For the session ahead, watch US CPI on 14 October, Brent crude above $107, the WPI print and results from Canara Bank and ICICI Lombard. A Nifty close above 22,875 would confirm the reversal; a slip below 22,577 would turn Tuesday into just another bear-market bounce.

Frequently Asked Questions About the Indian Stock Market Today

Why did the Sensex and Nifty rise on 13 October 2026?

The BSE Sensex rose 1,109.10 points and the Nifty gained 358.60 points as IT stocks surged after strong HCLTech and TCS results. The Finance Minister’s comments on reviewing LTCG and STT views also lifted sentiment. Breadth was very strong, with 46 of 50 Nifty stocks advancing and India VIX falling 7.41% to 14.04.

Will the market open lower on 14 October 2026?

Pre-open cues point to a softer start. GIFT Nifty indicated a decline of about 70 to 90 points near 22,770, tracking a 1.82% fall in the Nikkei, a 5.46% KOSPI crash and Brent crude above $107. Support for the Nifty sits around 22,577 to 22,600 based on pivot and analyst levels.

What is the current RBI repo rate in October 2026?

The RBI repo rate is 5.50% after the Monetary Policy Committee unanimously raised it by 25 basis points at its 5 to 7 October 2026 meeting. It was the first hike since February 2023. The stance is calibrated tightening, with the Standing Deposit Facility at 5.25% and the MSF at 5.75%.

What is India’s latest CPI inflation rate?

India’s CPI inflation for September 2026 was 5.54%, up from 4.83% in August, according to MoSPI data released on 12 October. It is the highest reading since October 2024. Food inflation was 7.74%. The October 2026 CPI figure is scheduled for release on 12 November 2026.

What is India’s GDP growth rate in 2026?

India’s real GDP grew 7.8% in Q1 FY27 (April to June 2026), according to MoSPI, after a revised 8.6% in Q4 FY26. Manufacturing grew 9.2% and investment 11.9%. The RBI expects FY27 growth of 7.1%. Data for the July to September quarter will be released on 30 November 2026.

Why are FIIs selling Indian stocks in October 2026?

FIIs have sold ₹42,792.10 crore in October up to 13 October, per NSE provisional data. Key reasons include US 10-year Treasury yields near 5.22%, a narrow gap with Indian bond yields, a weak rupee near 95 per dollar and elevated crude prices. DIIs have more than offset this selling with ₹45,839.50 crore of purchases.

Which sector performed best in the Indian market this week?

Information technology was the standout sector, with Nifty IT rising 5.22% on 13 October to 29,830.10 after gaining 3.02% on 9 October. Realty gained 2.46% and consumer durables 1.56% on 13 October. Pharma was flat at minus 0.01%, while energy rose only 0.33% amid higher crude prices.

What are the Nifty support and resistance levels for today?

For 14 October 2026, the classic pivot is 22,577.45, with resistance at 22,866.45 and 23,010.95 and support at 22,432.95 and 22,143.95. Analysts at Liquide flagged 22,600 support and 22,800 resistance, while Upstox highlighted the 20-day moving average near 22,875 as a key hurdle.

Which big companies announce results this week?

BHEL, Canara Bank, ICICI Lombard and HDB Financial report on 14 October. Wipro, Tech Mahindra, Nestle India, Jio Financial and HDFC AMC follow on 15 October, Federal Bank on 16 October, and HDFC Bank, ICICI Bank, Axis Bank and Yes Bank on 17 October. Infosys reports on 23 October.

Is it a good time to invest in Indian stocks now?

The Nifty is only 2.44% above its 2026 low, valuations have corrected, and earnings are improving in IT. However, inflation, crude oil and FII selling remain risks. A staggered approach through SIPs or tranches, focused on quality stocks with low debt, suits most investors. Consult a SEBI-registered adviser for personal advice.