Market Desk

GIFT NIFTY 22,672.50 · +28.00 points · 27 Oct 07:32 ISTNIFTY 22,753.20 · +0.68% · 26 Oct closeUS 10-YEAR 4.978% · checked 27 Oct 07:25 ISTINDIA VIX 17.16 · +1.78% · 26 Oct close
TUESDAY MARKET DESKIndian data: Monday close · Global cues: Tuesday morning

27 October 2026 · 07:34 IST Pre-market edition

BEFORE THE MARKET OPENS

Here’s what matters today.

Monday’s completed Indian session and Tuesday’s fresh global cues.

INDEX MAP

Where the market may stop or turn

PREVIOUS CLOSE22,753.20+153.20 (+0.68%)26 Oct 2026 close · checked 27 Oct 07:24 IST · Key analytical level: 22,631.25 · Source
HIGHER TARGET22,997.10Strong selling may appear here
FIRST HURDLE22,875.15Market may find it hard to move above this
CALCULATED REFERENCE RANGE22,631.25 — 22,875.15
FIRST SUPPORT22,509.30Buying may appear here
LOWER SUPPORT22,265.40Strong buying may appear here

Highest call OI: 23,000; highest put OI: 22,500. Positioning is not guaranteed support or resistance.

Total call OI: 3,437,472 contracts; total put OI: 3,869,239 contracts. As of 26 Oct 2026 close.

Expiry analysed: 27 Oct 2026 · NSE. Call OI change: −655,580.00 contracts; put OI change: +850,919.00 contracts. Complete final exchange quantities divided by contract lot.

PREVIOUS-SESSION OPTIONS & OPEN INTEREST

Nifty 50 positions carried into Tuesday

26 OCT · FINAL OI

MAX PAIN22,75027 Oct 2026 expiry; positioning is not a forecast
PUT–CALL RATIO1.13Total put OI divided by total call OI

Options positioning at a glance

27 Oct 2026 · NSE · 26 Oct 2026 close

Strike scale
Highest put OI22,500
Max pain22,750
Highest call OI23,000

Total open interest

Calls3,437,472 contracts
Puts3,869,239 contracts

Markers show strike locations; bars compare total contracts for the selected expiry. OI shows positioning, not guaranteed support, resistance or targets.

TUESDAY MORNING SIGNALS

Watch whether Monday’s recovery broadens

Expiry-day watch

Monday’s Dow, S&P 500 and Nasdaq closed higher. Japan and Korea are positive this morning, while Hong Kong and Shanghai are lower. GIFT October futures were 22,672.50 at 07:32 IST, up 28 points against their own reference.

27 October 2026 · indicative/delayed source observations

A SIMPLE PLAN FOR TUESDAY

Let the first 15 minutes settle

If the selected index stays above 22,875.15
Next reference: 22,997.10

If it falls below 22,509.30
Next reference: 22,265.40

Check breadth and volume. Expiry can cause sharp swings; these levels are references, not guaranteed targets.

GLOBAL CUES

Monday’s US close and Tuesday’s Asian readings

27 October · normal trading weekday for India, Japan, Hong Kong and mainland China

GIFT Nifty+28.00 pts

22,672.5027 Oct 2026 · 07:32 IST · 27 Oct futuresSource →

Dow Jones+0.28%

52,361.5826 Oct US close · 27 Oct 01:30 IST · checked 07:27 ISTSource →

S&P 500+0.70%

7,676.7726 Oct US close · 27 Oct 01:30 IST · checked 07:27 ISTSource →

Nasdaq+0.82%

26,169.3826 Oct US close · 27 Oct 01:30 IST · checked 07:27 ISTSource →

Nikkei 225+1.80%

63,308.0027 Oct 2026 · observed 07:32 IST · indicative/delayed source quoteSource →

Shanghai−0.26%

3,688.0527 Oct 2026 · observed 07:32 IST · indicative/delayed source quoteSource →

Hang Seng−0.37%

23,126.0027 Oct 2026 · observed 07:32 IST · indicative/delayed source quoteSource →

KOSPI+4.17%

5,697.6027 Oct 2026 · observed 07:32 IST · indicative/delayed source quoteSource →

US 10-year yield−0.4 bps

4.978%27 Oct 2026 · observed 07:24–07:27 IST · indicative/delayed source quoteSource →

Dollar Index · Dec futures+0.12%

101.92327 Oct 2026 · observed 07:24–07:27 IST · indicative/delayed 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.

MARKET REGIME

Recovery improved participation; volatility still matters

26 October completed session · checked 27 Oct 07:24 IST

Domestic closeNifty 22,753.20

Nifty +0.68%; Bank Nifty +0.15%; Sensex +0.66%.

VolatilityIndia VIX 17.16

VIX rose 1.78% despite the index recovery.

Participation1.40×

2,249 advances; 1,605 declines; 88 unchanged.

OptionsNifty PCR 1.13

27 October expiry, final Monday OI.

More stocks advanced than declined in the NSE report universe. Domestic institutional buying exceeded foreign selling. Neither observation guarantees that the recovery continues.

BREADTH & SECTORS

What participated on 26 October?

Final NSE market activity · checked 27 Oct 07:24 IST

1.40×NSE advance/decline ratio

2,249 advancing · 1,605 declining · 88 unchanged

SECTOR LEADERS

Nifty Metal+2.21%
Nifty Pharma+1.76%
Nifty Energy+1.46%

WEAKEST SECTORS

Nifty Media−0.34%
Nifty Bank+0.15%
Nifty Fin Service+0.21%

Eleven of the twelve tracked sector families rose; Media declined. The weakest group includes small positive returns, not only declines. Breadth uses the NSE report universe.

INDEX CONSTITUENTS

Nifty 50: who rose and who fell

Closes: 26 Oct 2026 · checked 27 Oct 07:24 IST · weights: 16 Oct reference

42 positive8 negativeWeightage shows each stock’s share of the selected index

Positive constituents

Negative constituents

Direction compares final 26 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.

MARKET VALUATION

Is the Nifty expensive or reasonably priced?

Official NSE 26 October snapshot · checked 27 Oct 07:24 IST

PRICE-TO-EARNINGS

19.18×NSE final index file

PRICE-TO-BOOK

2.79×Price compared with book value

DIVIDEND YIELD

1.51%Trailing dividend yield

EARNINGS YIELD

5.21%Calculated as 100 ÷ P/E

Valuation alone does not time the next market move. Monday is the last completed Indian session before Tuesday’s open.

OPENING-GAP GUIDE

How to read the first 15 minutes

Use after the 9:15 AM Indian open

PREVIOUS NIFTY CLOSE

22,753.20

26 October close · checked 27 Oct 07:24 IST. Compare today’s open with Monday’s final close.

IF NIFTY OPENS ABOVE

Gap-up opening

Check whether the rise holds with broad participation.

IF NIFTY OPENS BELOW

Gap-down opening

Check price and volume before treating it as a trend.

First resistance to watch22,875.15

First support to watch22,509.30

Rule for readersCheck price and trading volume together

The actual opening gap is known only after the market opens.

INSTITUTIONAL MONEY FLOW

Who bought and who sold?

26 October · combined provisional cash activity

FOREIGN INVESTORS · FII/FPINet sold ₹1,462.49 cr
DOMESTIC INVESTORS · DIINet bought ₹2,609.57 cr
COMBINED INSTITUTIONAL FLOW+₹1,147.08 crDomestic buying exceeded foreign selling

Combined NSE, BSE and MSEI cash activity; provisional and subject to revision. Checked 27 Oct 07:06 IST. Separate from the NSE-only table.

CURRENCIES

Currency reference rates

Latest published FBIL reference; INR per stated unit

USD/INR · 1 USDReference rate

₹95.154926 Oct 2026 reading · checked 27 Oct 07:24 ISTSource →

EUR/INR · 1 EURReference rate

₹106.724126 Oct 2026 reading · checked 27 Oct 07:24 ISTSource →

GBP/INR · 1 GBPReference rate

₹127.226926 Oct 2026 reading · checked 27 Oct 07:24 ISTSource →

JPY/INR · 100 JPYReference rate

₹60.5726 Oct 2026 reading · checked 27 Oct 07:24 ISTSource →

Tuesday’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.

COMMODITY OUTLOOK

Metals and energy prices

INR metals; contracts and reading times shown

Gold+0.05%

₹143,150.00 / 10 g26 Oct 2026 · 23:30 IST · MCX 04DEC2026Source →

Silver+0.05%

₹195,900.00 / kg26 Oct 2026 · 23:30 IST · MCX 04DEC2026Source →

Copper0.00%

₹1,386.10 / kg26 Oct 2026 · 23:30 IST · MCX 30OCT2026Source →

Brent crude−0.87%

$109.78 / barrel27 Oct 2026 · observed 07:24–07:27 IST · indicative/delayed source quote · Jan 2027 futuresSource →

WTI crude−0.86%

$100.88 / barrel27 Oct 2026 · observed 07:24–07:27 IST · indicative/delayed source quote · Dec 2026 futuresSource →

Natural gas+0.50%

$3.037 / MMBtu27 Oct 2026 · observed 07:24–07:27 IST · indicative/delayed source quote · Dec 2026 futuresSource →

MCX metals show Monday’s 23:30 snapshot, checked Tuesday 07:26 IST; Tuesday’s MCX session has not opened. Energy uses the indicated contract; different expiries are not directly interchangeable.

IPO CALENDAR

Two issues open today; one continues

NSE equity issue list · checked 27 Oct 07:26 IST

BLS Polymers LimitedEquity issueCloses 29 OctActive on NSE listNo subscription value displayed at this pre-market check
SFC Environmental Technologies LimitedEquity issueCloses 29 OctActive on NSE listNo subscription value displayed at this pre-market check
EAAA India Alternatives LimitedEquity issueCloses 28 Oct0.10× subscription52,99,684 offered; 5,05,395 bids in latest displayed snapshot

Subscription is the source snapshot, not a final outcome. Check offer documents and deadlines; blank source figures are not inferred.

EVENTS & EXPIRIES

What can matter today

Tuesday, 27 October 2026 · checked 07:26 IST

Nifty and Bank Nifty expiry

27 October expiry. Each options tab uses Monday’s complete final chain for the stated contract. Expiry can bring rapid swings.

Expiry

A new results calendar

L&T, Maruti Suzuki, Bajaj Auto, Cipla, Tata Steel, Indus Towers and SBI Life have financial-results meetings scheduled today. Scheduled meetings are not completed outcomes.

Results

FDC buyback; funding agendas

FDC has buyback consideration. Avalon has fund raising; Tata Capital has financial results and fund raising. Consideration is not approval.

Board

IPO openings and Sensex expiry

BLS Polymers and SFC Environmental open today. Sensex expiry is 29 October; it is kept separate from today’s NSE expiries.

Calendar

STOCKS TO WATCH TODAY

Tuesday’s company calendar

NSE Today board-meeting agenda · 27 Oct 07:26 IST

L&TResults meeting today27 October watch

Read the actual order-book, execution and margin disclosures when filed.

MARUTI SUZUKI / BAJAJ AUTOAuto results on today’s calendar27 October watch

Track reported sales mix, margins and demand commentary; no unreleased result is assumed.

CIPLA / TATA STEELToday’s earnings agenda27 October watch

Compare the filed operating performance and outlook with prior periods.

SBI LIFE / INDUS TOWERSFinancial results scheduled27 October watch

Check the completed exchange filings rather than assuming an outcome from the meeting agenda.

FDC / GRAVITABuyback and dividend consideration27 October watch

FDC lists buyback and results consideration. Gravita lists results and dividend. A proposal is not an approval.

TATA CAPITAL / AVALONFunding proposals to monitor27 October watch

Tata Capital lists results and fund raising; Avalon lists fund raising. Read any actual decision and terms after release.

Duplicate XBRL/PDF meeting notices consolidated. Yesterday’s company agendas removed. These are research items, not recommendations.

TECHNICAL SIGNALS

Monday’s completed-session signals

26 October close · checked 27 Oct 07:26 IST

Strongest and weakest tracked index members
DRREDDY+6.62%
JSWSTEEL+6.28%
BSE+3.97%
SHRIRAMFIN−4.62%
TATACONSUM−2.84%
BAJFINANCE−1.10%
What the close says
INDEX POSITIONAbove Monday’s pivot
PARTICIPATIONAdvances exceeded declines
VOLATILITYIndia VIX +1.78%
Fresh 50/200-day EMA crossover1 new scanner-reported equity
Shree Rama Multi-tech Limited₹61.16

Daily EMA50 above EMA200, previous-day EMA50 at or below EMA200. Chartink was rerun before Tuesday’s open. Sai Capital and Axtel were returned again at unchanged prior-edition quotes and are excluded from the fresh list. Full 200-session histories were not independently recalculated. This is a scanner-reported research signal, not a recommendation.

NEWS THAT MATTERS

Three things to carry into Tuesday

Facts separated from possible effects

US technology shares recovered

Reuters’ latest Trading Day report describes a Monday rebound supported by technology shares. This is completed US-session context; it does not guarantee an Indian rally.

Context

Central-bank decisions and earnings

The Reuters report flags several major central-bank meetings and US corporate earnings this week. Market expectations are not completed policy decisions.

Watch

Recovery meets expiry-day positioning

Monday’s final breadth was positive, but VIX rose. Today’s Nifty and Bank Nifty expiry may add short-term volatility; that is a risk to watch, not a prediction.

Possible effect

Reuters Trading Day → · 26 October report, checked 27 Oct 07:27 IST. Company items above use today’s dated exchange agenda.

DATA SOURCES & FRESHNESS

What was checked for this edition

27 October 2026 pre-market edition

InformationSourceAs ofStatus
Indian closes / breadth / VIX / valuationNSE final index, CM and MA261026.csv; Sensex historical OHLCMonday is the last completed session
Nifty / Bank Nifty optionsNSE final UDiFF complete expiry chains27 Oct expiry; 288 / 322 rows; lots 65 / 30
Sensex optionsSquawkFlow BSE EOD expiry table29 Oct expiry; lot 20; expiry-wide changes not supplied
Institutional flowsNSE combined cash activityProvisional NSE+BSE+MSEI; no NSE-only substitution
GIFT NiftyNSE International Exchange27 Oct futures; market open
Asia / yields / dollar / energyInvesting.com observationsIndicative/delayed; source clock timezone differs
US indicesInvesting.com closing referencesLast completed US session
Currency referencesNSE FBIL daily reportTuesday fixing not released; no fixing clock supplied
INR metalsMCX futures market watchTuesday MCX session not yet open
Events / stocks / IPOsNSE Today meeting agenda and issue listRebuilt for Tuesday; duplicate notices consolidated
Technical crossoversChartink exponential crossover scan1 fresh equity; 2 repeated stale-quote entries removed
Constituents / weightsNSE final CM; dated weight referenceNo newer complete verified weights obtained
Trading calendarNSE / JPX / HKEX / SSE calendarsNormal trading weekday; Asia readings are observations
Educational market information—not investment advice. Levels and scenarios are possibilities, not guarantees. Verify data independently.