Nifty 50 Daily Wrap — 21 Oct 2026: Drops 0.34%
MarketPulse Summary: Nifty 50 dropped 77.60 points to close at 22,811.35 . 16 advances vs 34 declines.
📊 Key Numbers
📈 Sectors
| Sector | Change |
|---|---|
| IT | +2.88% |
| Pharma | -0.19% |
| Healthcare | -0.32% |
| Infra | -0.38% |
| PSU Bank | -0.51% |
| FMCG | -0.58% |
| Banking | -0.92% |
🚀 Gainers
| Stock | LTP | % |
|---|---|---|
| INFY | ₹1,168.00 | +3.30% |
| HCLTECH | ₹1,424.20 | +3.21% |
| TECHM | ₹1,834.70 | +3.13% |
| TCS | ₹2,529.00 | +2.77% |
| ULTRACEMCO | ₹10,849.00 | +1.87% |
📉 Losers
| Stock | LTP | % |
|---|---|---|
| BAJFINANCE | ₹926.00 | -3.27% |
| BSE | ₹3,248.30 | -2.63% |
| ETERNAL | ₹312.35 | -2.45% |
| EICHERMOT | ₹7,170.50 | -2.43% |
| TRENT | ₹2,822.00 | -2.41% |
📝 Wrap
Market Summary — 21 Oct 2026
Markets closed cautious as NIFTY 50 slipped 78 points to 22,811, with just 16 stocks advancing against 34 decliners. The narrow breadth signals weak conviction despite IT's strong showing.
IT stocks carried the day after solid Q2 results and improved US demand On the flip side, BajFinance cracked 3.3% to ₹926 on profit-booking after recent outperformance. Trent and EicherMot also shed over 2% each as consumption plays faced heat. Metals were the worst-hit sector, down 1.7%, tracking weak global cues.
The clear rotation is from domestic cyclicals and consumption into IT — a defensive-quality trade ahead of the festive season earnings.
Data from NSE, 3:30 PM IST. Not investment advice.