In the afternoon trade, the Sensex slipped 447 points, or 0.53%, to 84,108.54, while the Nifty declined 134 points, or 0.52%, to 25,757.30.
Indian equity benchmarks started Friday’s session on a muted note.
In early trade, the Sensex slipped 124 points or 0.15% to 84,431.81, while the Nifty declined 31.85 points or 0.12% to 25,859.55.
The Sensex opened at 84,667.20, gaining 0.13%, while the Nifty 50 began the day at 25,933.10, up 0.17%. The Nifty Bank index also inched higher, opening at 58,172, a rise of 0.16%.
“A choppy, range-bound session is likely today, even as bullish undertones persist with traders eyeing Nifty’s record high of 26,277.35, which could be tested soon. Sentiment may get a lift from hopes of US tariff cuts on Indian imports to 15–16%, though upside could remain capped amid three negatives — oil prices spiking to $61.50 after US sanctions on Russian oil majors, renewed US-China trade tensions, and FIIs turning net sellers by Rs 1,166 crore. On the earnings radar are SBI Life, Dr Reddy’s Labs, SBI Card, Coforge (Oct 24) and Kotak Mahindra Bank (Oct 25),” said Prashanth Tapse, Senior VP (Research), Mehta.
Let’s take a look at the key factors to watch out today –
Top gainers in early trade
In the Sensex 30 basket, early strength was seen in select heavyweights. The top gainers in the opening session included Bharat Electronics, Infosys, ICICI Bank, Adani Ports among other stocks
Early laggards
On the other hand, the key laggards in early trade included Hindustan Unilever, Asian Paints, Axis Bank, Bharti Airtel among other stocks.
Earnings to watch today
A busy earnings calendar could keep traders alert through the day. Over 20 major companies, including Aditya Birla Sun Life AMC, Coforge, Dr Reddy’s Laboratories, ITC Hotels, SBI Cards and Payment Services, and SBI Life Insurance, are scheduled to report their September quarter (Q2 FY26) results.