28 October 2026 · 07:15 IST Pre-market edition
BEFORE THE MARKET OPENS
Here’s what matters today.
Tuesday’s completed Indian session and Wednesday’s fresh global cues.
Where the market may stop or turn
Highest call OI: 23,500; highest put OI: 20,050. Positioning is not guaranteed support or resistance.
Total call OI: 1,237,240 contracts; total put OI: 1,247,440 contracts. As of 27 Oct 2026 close.
Expiry analysed: 3 Nov 2026 · NSE. Call OI change: +599,948.00 contracts; put OI change: +575,383.00 contracts. Complete final exchange quantities divided by contract lot.
Better breadth meets mixed opening cues
Earnings and Fed watch
US indices closed higher on Tuesday. Japan, Hong Kong, Shanghai and Korea are positive in the timestamped readings below. GIFT November futures were 22,633.50 at 07:15 IST, down 66.50 points against their own reference. Overseas gains do not guarantee an Indian rise.
28 October 2026 · indicative/delayed source observations
Let the first 15 minutes settle
If the selected index stays above 22,840.72
Next reference: 22,931.68
If it falls below 22,647.82
Next reference: 22,545.88
Check breadth, volume and bank participation. These levels are references, not guaranteed targets.
Tuesday’s US close and Wednesday’s Asian readings
28 October · normal trading weekday in India, Japan, Hong Kong and mainland China
22,633.5028 Oct 2026 · observed 07:15 IST · 23 Nov futuresSource →
52,377.5727 Oct US close · 28 Oct 01:30 IST · checked 07:15 ISTSource →
7,722.6027 Oct US close · 28 Oct 01:30 IST · checked 07:15 ISTSource →
26,477.8127 Oct US close · 28 Oct 01:30 IST · checked 07:15 ISTSource →
64,193.0028 Oct 2026 · observed 07:15 IST · indicative/delayed source quoteSource →
3,668.7528 Oct 2026 · observed 07:15 IST · indicative/delayed source quoteSource →
23,075.5028 Oct 2026 · observed 07:15 IST · indicative/delayed source quoteSource →
5,993.1828 Oct 2026 · observed 07:15 IST · indicative/delayed source quoteSource →
5.007%28 Oct 2026 · observed 07:10 IST · indicative source quoteSource →
102.22728 Oct 2026 · observed 07:10 IST · indicative source quoteSource →
Asia, yields, dollar and energy are timestamped observations that may be delayed or indicative. Source clocks use a different timezone; observation times above are IST. GIFT change is against its own futures reference, not the cash Nifty close.
Headline indices hide stronger participation
27 October completed session · checked 28 Oct 07:06 IST
Nifty −0.02%; Bank Nifty −0.72%; Sensex −0.01%.
VIX fell 4.41% from the previous close.
2,582 advances; 1,149 declines; 112 unchanged.
3 November expiry, final Tuesday OI.
The NSE report universe had more advancing stocks despite flat headline indices. Foreign institutional buying exceeded domestic selling. That describes Tuesday, not a promise about today.
What participated on 27 October?
Final NSE market activity · checked 28 Oct 07:06 IST
2,582 advancing · 1,149 declining · 112 unchanged
SECTOR LEADERS
WEAKEST SECTORS
Eight of the twelve tracked sector families rose; four fell. Media, Realty and Pharma led, while banks and financial services lagged. Breadth uses the NSE report universe.
Nifty 50: who rose and who fell
Closes: 27 Oct 2026 · checked 28 Oct 07:06 IST · weights: 16 Oct reference
Positive constituents
Negative constituents
Direction compares final 27 October closes with the preceding session. Weights retain the latest verified 16 October free-float references; no newer verified weight table was obtained. Rounded reference weights can differ from official index-provider rebalance files.
Is the Nifty expensive or reasonably priced?
Official NSE 27 October snapshot · checked 28 Oct 07:06 IST
19.07×NSE final index file
2.79×Price compared with book value
1.43%Trailing dividend yield
5.24%Calculated as 100 ÷ P/E
Valuation alone does not time the next market move. Tuesday is the last completed Indian session before Wednesday’s open.
How to read the first 15 minutes
Use after the 9:15 AM Indian open
22,749.75
27 October close · checked 28 Oct 07:06 IST. Compare today’s open with Tuesday’s final close.
Gap-up opening
Check whether the rise holds with broad participation.
Gap-down opening
Check price and volume before treating it as a trend.
First resistance to watch22,840.72
First support to watch22,647.82
Rule for readersCheck price and trading volume together
The actual opening gap is known only after the market opens.
Who bought and who sold?
27 October · combined provisional cash activity
Combined NSE, BSE and MSEI cash activity; provisional and subject to revision. Checked 28 Oct 07:07 IST. Expiry-day figures may include physical-settlement obligations. Separate from the NSE-only table.
Currency reference rates
Latest published FBIL reference; INR per stated unit
₹95.162327 Oct 2026 reading · checked 28 Oct 07:07 ISTSource →
₹106.266827 Oct 2026 reading · checked 28 Oct 07:07 ISTSource →
₹126.868827 Oct 2026 reading · checked 28 Oct 07:07 ISTSource →
₹60.3327 Oct 2026 reading · checked 28 Oct 07:07 ISTSource →
Wednesday’s fixing has not been released. The source supplies a date but no fixing clock; the IST time is verification time. Reference rates are not live dealing quotes.
Metals and energy prices
INR metals; contracts and reading times shown
₹144,100.00 / 10 g27 Oct 2026 · 23:30 IST · MCX 04DEC2026Source →
₹196,511.00 / kg27 Oct 2026 · 23:30 IST · MCX 04DEC2026Source →
₹1,397.25 / kg27 Oct 2026 · 23:30 IST · MCX 30OCT2026Source →
$110.86 / barrel28 Oct 2026 · observed 07:10 IST · Jan 2027 futuresSource →
$101.02 / barrel28 Oct 2026 · observed 07:10 IST · Dec 2026 futuresSource →
$3.059 / MMBtu28 Oct 2026 · observed 07:10 IST · Dec 2026 futuresSource →
MCX metals show Tuesday’s 23:30 snapshot, checked Wednesday 07:08 IST; Wednesday’s MCX session has not opened. Energy uses the indicated contract; different expiries are not directly interchangeable.
One opening today; one closing today
NSE equity issue list · checked 28 Oct 07:09 IST
Subscription reflects the latest displayed source snapshot before today’s session, not the final outcome. Check offer documents and deadlines.
What can matter today
Wednesday, 28 October 2026 · checked 07:09–07:12 IST
HUL, Adani Enterprises, Adani Ports, Hero MotoCorp, TVS Motor, Hyundai Motor India, Pidilite and Vedanta have financial-results meetings scheduled for 28 October. Scheduled agendas are not completed outcomes.
Results
HUL, Birlasoft, Info Edge and Sundram Fasteners list dividend consideration. JSW Energy and Cholamandalam list funding proposals. Proposals are not approvals.
Board
The official FOMC calendar lists the 27–28 October meeting. The outcome is still ahead; watch the statement and guidance after the Indian session.
Policy
Sensex: 29 Oct. Nifty: 3 Nov. Bank Nifty: 23 Nov, as listed in the final exchange contract file. Yesterday’s 27 Oct NSE contracts are no longer used.
Expiry
Wednesday’s company calendar and new filings
NSE agenda and announcements · checked 28 Oct 07:09–07:12 IST
Read the filed volume, margins and dividend decision after release; the agenda does not confirm any outcome.
Compare the completed business and cash-flow disclosures with prior periods.
Track margins and demand commentary in the actual filings.
Check deal wins and guidance after the results are filed. Birlasoft also lists dividend consideration.
Read any approved financing terms; a proposed board agenda is not a completed fund raise.
Route Mobile filed results late on 27 Oct and a 2 Nov dividend record date. Waaree filed an investor presentation at 00:30 IST on 28 Oct. Read the documents; no price reaction is assumed.
Duplicate meeting notices consolidated. Yesterday’s agendas removed. Fresh late-evening and overnight disclosures are identified separately. These are research items, not recommendations.
Tuesday’s completed-session signals
27 October close · checked 28 Oct 07:10 IST
Daily EMA50 above EMA200, previous-day EMA50 at or below EMA200. Rerun before Wednesday’s open. Pashupati and Everest prices match the final NSE cash file; Comfort Intech is a BSE equity source quote. Sai Capital and Axtel repeated unchanged older quotes and are excluded. Full 200-session histories were not independently recalculated. Scanner research signals are not recommendations.
Three things to carry into Wednesday
Facts separated from possible effects
The official Fed calendar confirms the 27–28 October meeting. Reuters’ Wednesday report says markets expect unchanged rates; that is an expectation, not an announced decision.
Confirmed / expectation
The dollar is firm ahead of the policy announcement. The displayed energy contracts are higher this morning. Possible effect: imported energy costs and the rupee may be sensitive to further moves.
Possible effect
Tuesday’s Nifty and Sensex were nearly flat, while the NSE report had more advances and lower VIX. Watch whether banks join broader participation today; continuation is not assured.
Observation
Fed calendar → · Reuters Wednesday report → · checked 28 Oct 07:12 IST. Readings and contract months are shown in the corresponding cards.
What was checked for this edition
28 October 2026 pre-market edition