Closing Bell, 29 October 2026: Bulls Stage A Comeback As Sensex And Nifty 50 Close In The Positive Territory

Unchanged policy rates by the Fed, rising hopes of a cut in long-term capital gains (LTCG) tax and buying from foreign institutional investors (FIIs) powered bulls in today's trading session. At close:

• The Sensex gained over 900 points and closed at 74,151.04, up 1.24%

• The Nifty 50 gained more than 230 points and closed at 22,936.75, up 1.05%

Broader markets also closed in the green, with the Nifty Midcap 100 and Nifty Smallcap 100 ending the day up 0.99% and 0.95%, respectively.

Among sectoral indices, the Nifty IT, Nifty PSU Bank and Nifty Realty gained. On the other hand, Nifty Cement and Nifty Auto declined (see table).

Nifty 50 Today: Gainers And Losers

Stocks of the following companies were the top five gainers and losers on the Nifty 50 index today:

Crude Oil Prices Today

Oil prices declined amid discussions of renewed diplomatic engagement in West Asia to avoid a possible resumption of US strikes on Iran.

At around 15:39, Brent crude January 2027 futures stood at $110.17 per barrel. At the same time, West Texas Intermediate (WTI) crude December futures stood at $101.30 per barrel.

Gold And Silver Prices Today

Gold and silver traded lower on the Multi-Commodity Exchange of India (MCX). At around 15:39, MCX gold December 2026 futures stood at ₹1,43,300 per 10 grams, down 0.28%. At the same time, MCX silver December 2026 futures stood at ₹1,91,977 per kg, down 1.21%.

Other News Headlines

Here are some other headlines for the day:

• The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey said that the regulator would review compliance rules governing foreign portfolio investors (FPIs) and seek public feedback on aligning Indian requirements with international practices.

• Maruti Suzuki India Limited’s cumulative exports of domestically manufactured electric vehicles (EVs) have crossed the 50,000-unit mark since international deliveries began in August 2025, the company announced on Thursday.

What’s Next?

The market's near-term direction may depend on whether domestic and foreign investors sustain their buying activity. Expectations of a possible LTCG tax reduction could remain in focus, alongside developments in global markets.

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