Markets
Stock market today: Sensex sheds 460 pts, Nifty 22,687.65 as oil jumps to $112; media, FMCG, IT drag
A third straight fall as Brent jumped about 3% after attacks on Saudi Aramco; two shares fell for every one that rose, and FIIs sold about ₹3,459 crore.
Indian shares fell for a third straight session on Thursday. The Sensex closed 460.30 points (0.62%) lower at 73,249.39 and the Nifty 50 fell 123.70 points (0.54%) to 22,687.65, IIFL and HDFC Sky reported. Bank Nifty held up better, slipping 0.26% to 54,832.35, but the Nifty Midcap 100 fell 0.87% and the Smallcap 100 1.17%.
Oil was the trigger. Brent jumped about 3% to roughly $112.5 a barrel by 3:45 pm after attacks on Saudi Aramco's oilfields, Business Standard reported. India imports most of its crude, so costlier oil raises inflation worries and hurts companies that use fuel. Media (−2.34%), FMCG (−1.74%) and IT (−1.31%) were the weakest sectors; Nestle India fell after a food-safety regulator notice and eMudhra hit its 20% lower circuit again.
Foreign investors sold a net ₹3,458.70 crore on Thursday while domestic institutions bought ₹2,891.32 crore, according to Whalesbook; gross provisional figures were not yet available from the exchanges. On Wednesday FIIs had been small net buyers of ₹1,022.3 crore.
After the bell, results came in: Havells' profit rose 9.7% to ₹349.22 crore on revenue up 34.6%; Colgate-Palmolive India earned ₹341.6 crore (+4.3%); HPCL posted a consolidated profit of ₹3,625.22 crore, down 6.1% from a year ago; and Swiggy's loss narrowed to ₹922 crore as revenue rose 36%.
Key takeaway: with oil above $110 and foreign selling back, the market stays nervous; Friday's Infosys results and the end of the Jio IPO are the next big events.
Key takeaways
- Third straight fall: the Sensex lost 460.30 points and the Nifty 123.70 points as Brent jumped about 3% to roughly $112.5 after attacks on Saudi Aramco facilities.
- Media (−2.34%), FMCG (−1.74%) and IT (−1.31%) fell the most; 12 of the sector indices tracked ended lower and Pharma was the most resilient (−0.21%).
- Selling was broad: about two shares fell for every one that rose, and the midcap and smallcap indices lost 0.87% and 1.17%.
- Foreign investors sold a net ₹3,458.70 crore while domestic institutions bought ₹2,891.32 crore, as reported by Whalesbook (gross provisional data not yet confirmed).
- After the bell: Havells profit rose 9.7% to ₹349 crore, Colgate's rose 4.3% to ₹341.6 crore, HPCL earned ₹3,625 crore (consolidated) and Swiggy's loss narrowed to ₹922 crore.
Index scoreboard
| Index | Close | Change | Day low → day high (● close, | open) |
|---|---|---|---|
| Nifty 50 | 22,687.65 | -123.70 -0.54% | Range not available |
| Sensex | 73,249.39 | -460.30 -0.62% | Range not available |
| Bank Nifty | 54,832.35 | -0.26% | Range not available |
Large cap vs mid cap vs small cap
Large caps (Nifty 50) did best (-0.54%) and Smallcaps (Nifty Smallcap 100) did worst (-1.17%).
Sector heatmap
Best: Pharma (-0.21%). Worst: Media (-2.34%).
Top gainers and losers (Nifty 50)
Top gainers ▲
- Bajaj Finance₹942.10+1.74%
- Cipla₹1,330.90+1.29%
- UltraTech Cement₹10,958.00+1.00%
Top losers ▼
- Nestle India₹1,189.90-2.78%
- Eternal₹304.45-2.53%
- HDFC Life₹528.35-2.09%
Big movers in the broader market
- Tata Teleservices (Maharashtra)+18.60%
- eMudhra-20.00%
- M&M Financial Services-9.80%
- Zydus Wellness-3.40%
- Yes Bank-2.20%
Market breadth
Exchange not stated: advance-decline ratio 0.50
FII / DII activity (cash, Thu 22 Oct (net only) and Wed 21 Oct (provisional))
22 Oct net figures as reported by Whalesbook; NSE's own report could not be read by our tools. On 21 Oct FIIs bought a net ₹1,022.3 crore (buy 17,003.9, sell 15,981.6) and DIIs ₹1,614.3 crore, per 5paisa's copy of provisional exchange data.
IPO listings and what happened after
| Company | Issue price | Listed at (gain) | Day-1 close (vs issue) |
|---|---|---|---|
| Fusion CXNSE, BSE · Mainboard | ₹₹289 | ₹₹305 (NSE), ₹292 (BSE) +5.54% | — |
| Issue was 3.03 times subscribed; traded at ₹302.10 at 10:23 am. Closing price not yet verified. | |||
- Jio Platforms (₹1,065–1,119): 4.38 times subscribed by 3 pm on day 2, QIBs 10.07 times; bidding closes Fri 23 Oct
- Paras Healthcare (₹660–693): 0.21 times at 11:30 am on day 2; closes Fri 23 Oct
- Zetwerk, Tonbo Imaging, Bonfiglioli Transmissions and Sahajanand Medical Technologies list Fri 23 Oct
Levels analysts are watching
Reported for information only. These are third-party technical levels, not a recommendation.
| Index | Support | Resistance | Cited by |
|---|---|---|---|
| Nifty 50 | 22,200–22,400 | 22,900 | Religare Broking via Business Standard |
What to watch next session
- Friday results: Infosys, IndusInd Bank, Dr Reddy's, JSW Steel, BPCL, Tata Motors
- Last day of the Jio Platforms and Paras Healthcare IPOs
- Four listings on Friday: Zetwerk, Tonbo Imaging, Bonfiglioli, Sahajanand Medical
- Brent above $110 and the US Fed meeting on 27–28 October
Attacks on Saudi oil facilities pushed Brent to about $112, reviving inflation fears worldwide and keeping emerging markets under pressure.
Oil above $110 raises India's import bill, pressures the rupee and squeezes oil-using sectors such as FMCG, paints and autos; broad selling again hit small-company shares hardest.
Sources
- IIFL: Sensex falls 460 points, Nifty below 22,700
- HDFC Sky: Market close, 22 Oct
- Business Standard: Stock Market Close, 22 Oct
- Liquide: share market today, 22 Oct
- Whalesbook: FIIs sell ₹3,459 crore on 22 Oct
- 5paisa: FII/DII provisional data
- HDFC Sky: Jio IPO 4.38x by 3 pm, day 2
- Business Standard: Havells Q2
- Business Standard: Colgate-Palmolive India Q2
- Free Press Journal: HPCL Q2 FY27
- Business Today: Swiggy Q2
Written by Boss Piggy AI for TotalMarket. Based on the sources linked in this article; key facts and data should be checked against the original sources. This article is for information only and is not investment advice.





💬 Comments
Be respectful and stay on topic. No stock tips or promotions; comments are moderated.
Comments are opening soon. Meanwhile, share your view on X or Telegram using the buttons above.