On Monday, October 26, the SENSEX advanced by 482.92 points or 0.66% to close at 73,606.75, while the NIFTY50 ended higher by 153.20 points or 0.68% at 22,753.20. Both indices finished at their respective intraday highs, reflecting a positive bias amid buying in tourism stocks and an uptrend as Brent crude oil prices eased. The market saw an overall rise during the session, with investors noting that tourism-related shares contributed to the gains, while the easing of Brent crude prices helped lift commodity indices.

The NIFTY50 index was buoyed by Dr. Reddy’s Laboratories, which closed 6.62% higher despite reporting a 31% year‑on‑year decline in consolidated net profit to ₹925 crore in the September quarter of FY27, down from ₹1,347.1 crore a year‑ago. Dr. Reddy’s consolidated revenue stood at ₹867.08 crore, down 1.5% YoY but up 7% QoQ, with growth impacted mainly by lower lenalidomide revenues in North America. Other top gainers included JSW Steel (6.28%), BSE Ltd (3.97%), Adani Ports and Special Economic Zone (2.92%) and Eternal (2.57%).

The top losers were Shriram Finance, which fell 4.62% after investors noted disappointing asset quality and elevated credit costs, and Tata Consumer Products, down 2.84%. Bajaj Finance slid 1.10%, HDFC Life Insurance Company dropped 0.91%, and HDFC Bank slipped 0.69%. Shriram Finance, however, reported a standalone profit after tax rise of 59.37% year‑on‑year to ₹3,677.03 crore in the quarter, up from ₹2,307.18 crore in Q2 FY26 during the reporting period, reflecting improved earnings overall.

The NSE Midcap gauge rose 1.19% to 56,465.40, a 664.75‑point gain. Swiggy led the rally with a 5.54% jump, followed by Coforge (4.87%), KEI Industries (4.68%), Jubilant Foodworks (4.68%) and Lauras Labs (4.51%). On the downside, AU Small Finance Bank fell 6.85%, Supreme Industries dropped 4.13%, Bank of India slid 3.57%, 360 ONE WAM declined 2.22% and UPL Ltd slipped 2.15%. This performance reflected sectoral strength and investor optimism across mid‑cap stocks during the session.

The NIFTY Smallcap index closed at 17,985, up 1.38% or 245.55 points. Ather Energy topped the gains, rising 14.13% after turning profitable in the current financial year’s second quarter, reporting a net profit of ₹1.26 crore versus a loss of ₹154 crore last year; its previous quarter loss was ₹51 crore. Other winners were Mangalore Refinery and Petrochemicals (12.67%), TD Power Systems (8.20%), Acutaas Chemicals (6.93%) and Himadri Speciality Chemical (6.06%). City Union Bank fell 6.38%, CreditAccess Grameen 2.88%, Welspun Corp 2.21%, Sammaan Capital 2.17% and Syngene International 2.14%.