Sensex & Nifty 50 | Stock Market Highlights 30 Oct 2026: Market Closing: Sensex Gains 0.42%, Nifty Rises 0.51%; IT Jumps 2.32%
Key Highlights for Today
Market Closing: Indian equities ended higher, with the Sensex rising 0.42% to 74,459.53 and the Nifty 50 gaining 0.51% to 23,053.10. The Nifty IT index surged 2.32%, while Bank Nifty declined 0.41%.
Sectoral Performance: IT led the gains, followed by Pharma (+1.51%) and Financial Services (+0.03%). Media (-1.63%), Energy (-0.97%), Auto (-0.87%), FMCG (-0.62%) and Metal (-0.54%) remained under pressure.
Varun Beverages (VBL): Consolidated revenue rose 33.3% YoY to ₹6,815.59 crore, while net profit attributable to owners increased 13.8% to ₹828 crore. EBITDA grew 25.1% to ₹1,426.71 crore, but the EBITDA margin narrowed to 20.9% from 22.3%.
Sun Pharmaceutical Industries: Consolidated net profit fell 36.2% YoY to ₹1,989 crore, impacted by a one-time charge of ₹1,269 crore related largely to the proposed Organon acquisition and other provisions. Revenue rose 12% to ₹16,199 crore, while profit excluding the exceptional charge increased.
IndiGo (InterGlobe Aviation) : Consolidated revenue increased approximately 25% YoY to ₹23,364 crore, while net loss narrowed to ₹1,879 crore from ₹2,582 crore a year earlier.
Coal India: Consolidated net profit jumped 57% YoY to ₹6,547 crore, while revenue from operations increased 21% to ₹44,179 crore.
Global Markets: US markets ended lower, with technology stocks facing pressure amid concerns over AI-related spending. Weak Asian market sentiment could weigh on Indian equities.
IndiGo (InterGlobe Aviation): Consolidated net loss narrowed to ₹1,879.1 crore from ₹2,582.1 crore a year earlier, while revenue increased approximately 26% YoY.
Crude Oil Prices: Brent crude surged above $117.36 per barrel amid geopolitical concerns, raising risks for India's inflation outlook, import bill and rupee stability.
USD/INR (Rupee Update): The Indian rupee is expected to open flat to slightly stronger on October 30, after closing around ₹94.99 per US dollar in the previous session. A weaker US dollar and falling US Treasury yields may support the rupee.
Q2 FY27 Results: Investors will track quarterly earnings from Reliance Industries, Jio Platforms, Sun Pharmaceutical Industries, Bharat Electronics, Indian Oil Corporation, Bank of Baroda and Dixon Technologies.
Trent: Consolidated revenue increased 22% YoY to ₹5,873 crore, while net profit rose 25% to ₹468 crore. Operating EBITDA grew 37% to ₹785 crore.
Apar Industries: Net profit surged 77.6% YoY to ₹447 crore, while revenue rose 21.3% to ₹6,931 crore. EBITDA increased 47.5% to ₹720 crore, and margins expanded by 190 basis points to 10.4%.
Precious Metals: MCX gold futures traded at around ₹1,41,488 per 10 grams, down 0.78%, while silver futures fell 2.74% to ₹1,84,263per kg as of 04:00 PM IST on October 30. Precious metals remained under pressure amid interest-rate uncertainty and global geopolitical risks.
Market Outlook: Investors will monitor quarterly earnings, management guidance, crude oil prices, foreign institutional flows and global technology stocks. Strong earnings may support selective stocks, while elevated oil prices and geopolitical uncertainty could keep broader market volatility high.