Stock Market Live: Sensex Rebounds Over 200 Points After Weak Opening; Nifty50 Flat

Asian Paints slipped 1.32% to Rs 2,276.60, while Infosys dropped 1.27% to Rs 1,139.20. Bajaj Finance fell 1.03% to Rs 919.35. Nestle India, SBI Life and Hindustan Unilever also traded lower.

Shriram Finance plunged 4.57% to Rs 825.45, while Tata Consumer Products fell 3.19% to Rs 933.15. HDFC Life declined 1.60% to Rs 515.35.

Hitachi Energy India shares rose 2.89% to Rs 27,060 as trading volumes surged on October 26.

The Indian rupee ended last week at 94.94 against the US dollar after strengthening to a six-week high of 94.30. Reserve Bank of India measures had supported the currency, but rising crude prices and broader risk aversion challenged its recovery. Traders will monitor oil prices, dollar movements and the Federal Reserve’s policy signals, which could influence capital flows and currency sentiment.

Brent crude remained near USD 115 a barrel amid security concerns in Saudi Arabia and wider geopolitical uncertainty. Higher oil prices pose a challenge for India, which relies heavily on imports to meet its energy needs. Sustained increases could pressure inflation, widen the import bill and weaken external finances. Investors will closely track crude movements for their potential impact on equities and the rupee.

Asian equity markets largely traded in negative territory on Monday, reflecting cautious global sentiment. Taiwan’s index declined 846.34 points, or 1.81%, to 46,041.43, while Shenzhen fell 233.36 points, or 2%, to 11,440.466. South Korea’s KOSPI dropped 1.18%, and Japan’s Nikkei slipped 0.75%. Australia’s ASX 200 bucked the trend, rising 0.12%.

The dollar traded at 95.13 against the rupee, down 0.85% over one month. Light crude oil fell 2% to USD 101.20 per barrel, while natural gas dropped 4.55%. Gold rose 0.42% to USD 4,024.60 an ounce, while copper slipped 0.33%.

Dollex Agrotech surged 19.99% to Rs. 33.68, leading gainers, followed by ObjectOne Information Systems at 19.34%. Greenhitech Ventures fell 9.21%, while Shine Fashions India plunged 18.45%, leading the losers.

The Sensex stood at 73,225.67, gaining 101.84 points or 0.14%. However, the chart shows a broader downtrend since February, with volatility and recent October swings highlighting persistent market weakness.

GIFT Nifty futures stood at 22,608 on Monday morning, indicating a largely flat start for Indian equities. The Nifty 50 had closed at 22,600 on Friday. Investors remain cautious after four consecutive sessions of losses last week, with rising crude oil prices and geopolitical tensions weighing on sentiment. The US Federal Reserve’s upcoming decision will also influence market direction.

The Nifty 50 traded at 22,648.50, rising 0.21% after recovering from early losses and climbing above 22,690 intraday.