Market Midday, 01 October 2026: Benchmarks Trade In The Red

Benchmarks, the Sensex and Nifty 50, traded in the red in the late morning session with market participants worried about the prolonged West Asia crisis. At 11:23 am, the:

• Sensex was down 0.20%

• Nifty 50 was down 0.39%

Broader markets were also in the negative. The Nifty Midcap 100 and Nifty Smallcap 100 were down 0.30% and 0.47% at around 11:24 am. Sector-wise, the Nifty IT gained and was up 1.63% at 11:26 am.

Top Stocks On Nifty 50 Today

At around 11:27 am, the top five stocks on the Nifty 50 index were:

• Kotak Mahindra Bank Ltd.

• HDFC Life Insurance Company Ltd.

• Infosys Ltd.

• HCL Technologies Ltd.

• HDFC Bank Ltd.

Stock-Specific Action

• Bajaj Auto shares declined nearly 6% in early trade after the company reported a 12% year-on-year (YoY) decline in its domestic two-wheeler sales.

• Kotak Mahindra Bank shares rose over 3% in early trade after the bank announced the appointment of Anup Kumar Saha as its new managing director and chief executive officer.

• Shares of major hospital chains such as Fortis Healthcare, Dr Agarwal’s, Manipal, Apollo Hospitals and Medanta extended their declines for a second straight session on Thursday. The stocks had fallen as much as 10% in the previous session after the Supreme Court raised concerns over high markups on cancer medicines.

Afternoon Trade Outlook

The market is likely to remain range-bound with a negative bias in the remaining session as investors assess the impact of the prolonged West Asia crisis and elevated crude prices. That said, strength in IT stocks could provide some cushion.

Also Read - Power Stocks Fall Despite ₹1.86 Lakh Crore PM-DHARA Push; Tata Power, NTPC, Adani Power Slide