📊 Market Summary
The NIFTY index closed higher by 1.05% at 22,936.75 on 29 October 2026, reflecting a bullish market sentiment. Among the ~200 actively traded F&O stocks, 166 advanced while only 39 declined, signaling strong breadth. The Bank NIFTY also gained 1.18%, closing at 54,909.65, supported by robust buying in banking and finance stocks.
🏆 Top Gainers & Losers
| Top Gainers | % Change | Sector |
|---|---|---|
| SYRMA | +6.78% | Infrastructure |
| ADANIPORTS | +6.29% | Diversified |
| JSWENERGY | +5.59% | Energy & Oil |
| CUB | +5.53% | Banking & Finance |
| ADANIENSOL | +5.49% | Energy & Oil |
| Top Losers | % Change | Sector |
|---|---|---|
| INDIAVIX | -7.58% | Diversified |
| HEROMOTOCO | -4.09% | Automobile |
| NAVINFLUOR | -2.83% | Chemicals |
| GMRAIRPORT | -2.72% | Diversified |
| CUMMINSIND | -2.27% | Infrastructure |
🏭 Sector Scorecard
| Sector | Average % Change | Number of Stocks |
|---|---|---|
| Realty | +3.07% | 6 |
| FMCG | +2.51% | 14 |
| Telecom | +2.12% | 3 |
| Energy & Oil | +2.01% | 17 |
| Banking & Finance | +1.60% | 57 |
| Metals & Mining | +0.87% | 10 |
| Infrastructure | +0.84% | 29 |
| Cement | +0.80% | 4 |
| Chemicals | +0.79% | 7 |
| Diversified | +0.77% | 36 |
| Pharmaceuticals | +0.55% | 16 |
| Information Technology | +0.43% | 13 |
| Automobile | -0.13% | 16 |
💰 FII/DII Activity
On 29 October 2026, the futures and options activity from Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) showed some interesting trends that retail traders should keep an eye on.
FIIs held a net long position in futures of 682,220 contracts, with 3,617,922 long contracts against 2,935,702 short contracts. Despite this net long futures position, the overall FII sentiment was bearish, likely influenced by their options activity where put options shorts outweighed calls. This suggests FIIs might be hedging or cautious about near-term market moves.
On the other hand, DIIs showed a significant net short position in futures of -4,350,311 contracts, with only 304,191 longs versus a hefty 4,654,502 shorts. Interestingly, their sentiment was bullish, which could indicate they are positioning for a market rebound or are using shorts as a hedge while expecting upside.
For retail traders, this mixed picture means caution is warranted. FIIs’ bearish stance combined with DIIs’ bullish positioning suggests potential volatility ahead. Watching how these big players adjust their futures and options positions in the coming sessions can provide clues on market direction.
| Participant | Futures Long | Futures Short | Futures Net Position |
|---|---|---|---|
| FII | 3,617,922 | 2,935,702 | +682,220 |
| DII | 304,191 | 4,654,502 | -4,350,311 |
📰 News That Moved Markets
- US Fed holds rates steady: The Federal Reserve decided against an interest rate hike, impacting gold prices and investor sentiment in India, contributing to cautious optimism.
- Positive opening expected for Nifty: Despite Alphabet's 9% slide on earnings miss, crude oil prices remained range-bound, supporting a steady start.
- Sebi to review FPI compliance norms: The regulator plans to issue a consultation paper aligning foreign portfolio investor rules with global standards, enhancing market transparency.
📈 Volume & Smart Money Signals
Volume surged above 1.5 times the average in 27 stocks, highlighting strong participation. Notably, JSWENERGY saw an 8.8x volume spike alongside a 5.59% gain, signaling aggressive buying. High delivery percentages in stocks like BHARTIARTL (75.8%) and KOTAKBANK (72.8%) indicate strong institutional interest and confidence. Buying tails were observed in 99 stocks, reinforcing the bullish undertone.
🔮 Under the Hood: Market Structure
Today’s market showed a bullish bias with 6 strong one-directional trending sessions upward and 80 sessions with a normal upward variation in price range. The opening was predominantly within the previous day’s fair value zone (152 stocks), with 26 opening above the previous day’s fair value high (VAH) and 24 below the fair value low (VAL).
The most-traded price level (Point of Control) shifted higher to 22,872.15, indicating increased acceptance of prices above yesterday’s levels. The fair value zone expanded upward, with the value area high at 22,912.15 and value area low at 22,752.15, supporting the bullish trend.
Strong buying tails at the day’s lows appeared in 99 stocks, showing aggressive demand, while selling tails were limited to 34 stocks. Rapid price movements without much trading activity (single prints) were mostly upward (32 up vs 1 down), reinforcing the strength of the move.
Overall, the market structure suggests sustained buying interest and a positive outlook heading into tomorrow.
⚡ F&O Highlights
Two stocks, 1KAYNES and 2SAIL, were in the F&O ban list today due to price volatility. No major expiry events occurred today; the next weekly expiry is scheduled for 3 November 2026.
🎯 Stocks to Watch Tomorrow
- SYRMA: Strong 6.78% gain on high volume and buying interest in infrastructure sector.
- ADANIPORTS: Continued momentum with 6.29% rise and strong volume, watch for further upside.
- JSWENERGY: High volume surge and open drive upward signal potential continuation.
- CUB and MANAPPURAM: Banking stocks with solid gains and buying tails, possible leaders in financials.
- BHARTIARTL and KOTAKBANK: High delivery percentages indicate strong institutional support.
📐 Key Levels for Tomorrow
| Index | Support | Resistance | Fair Value Zone |
|---|---|---|---|
| NIFTY | 22,752.15 (Value Area Low) | 22,961.40 (Day High) | 22,752.15 to 22,912.15 |
| BANKNIFTY | 54,326.15 (Value Area Low) | 54,978.75 (Day High) | 54,326.15 to 54,726.15 |
Explore real-time market scanners and get ahead with smart trading signals.
Try Our Live Scanners →