Market Midday, 22 October 2026: Sensex And Nifty 50 Continue To Trade In The Red Despite Paring Early Losses

Stock markets traded cautiously in late morning deals, with benchmark indices and broader markets in the red as quarterly earnings drove sharp moves in select stocks. Read more.
Though the benchmarks, the Sensex and Nifty 50, pared early losses, they still continued to trade in the red in the late morning trade. At 11:36 am, the Sensex and Nifty 50 were down 0.22% and 0.40%, respectively.
Broader markets were also in negative territory, with the Nifty Midcap 100 and Nifty Smallcap 100 down 0.66% and 0.62%, respectively, at around 11:38 am.
Top Stocks On Nifty 50 Today
At around 11:39 am, the top five stocks on the Nifty 50 index were:
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Bajaj Auto Ltd
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Larsen & Toubro Ltd.
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ICICI Bank Ltd.
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Bharti Airtel Ltd.
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Eternal Ltd.
Stock-Specific Action In Early Trade
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Swiggy shares fell over 5% in intraday trading ahead of its Q2 FY27 earnings.
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Indian Hotels Company (IHCL) shares rose over 3% in early trade after the company reported almost a 23% year-on-year increase in its net consolidated profit for Q2 FY27.
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PC Jeweller shares soared 9% in early trade after it reported a 58% year-on-year increase in its net consolidated profit for Q2 FY27.
Companies Likely To Declare Q2 Results Today
More than 50 companies are likely to declare their Q2 results today. Some of them are:
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Adani Energy Solutions
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Hindustan Petroleum Corporation
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Havells India
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Nippon Life India Asset Management
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Swiggy
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Adani Total Gas
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Jindal Stainless
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Colgate Palmolive (India)
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Chennai Petroleum Corporation
Trade Outlook For The Remaining Session
Despite paring their early losses, the negative movement of benchmarks points to cautious sentiment in the market. Selling pressure could persist through the second half, although strong quarterly earnings may support select stocks. Investors are likely to remain watchful as companies release their results and fresh cues emerge.
This article is for informational purposes only and should not be considered investment advice from Kotak Neo. For compliance T&C and disclaimers, Visit www.kotakneo.com/disclaimer

Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
When she's not decoding markets, she trades charts for canvases, chasing art, painting, and architecture across cities she's yet to explore.
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