MUMBAI — Indian equity benchmark indices opened sharply lower on Thursday morning, October 22, 2026, pressured by widespread selling across sectoral indices and heavyweights.
The Nifty 50 plunged over 213 points in early trade to slip below the 22,600 threshold, touching an intraday low of 22,564.90. Meanwhile, the BSE Sensex dropped nearly 600 points to trade below 73,150, reflecting a strong risk-off sentiment across domestic markets.
Morning Trade Dashboard (Oct 22, 2026)
| Index / Metric | Current Level | Absolute Change | Percentage Change | Session Trend & Key Takeaways |
|---|---|---|---|---|
| BSE Sensex | 73,113.33 | ▼ 596.36 pts | -0.81% | Sharp pullback led by capital goods, auto, and metal counters |
| Nifty 50 | 22,597.75 | ▼ 213.60 pts | -0.94% | Breaches key 22,600 support handle |
| Nifty Bank | 54,684.05 | ▼ 292.85 pts | -0.53% | Financials tracking broader market weakness |
| Nifty IT | 32,435.15 | ▲ 12.65 pts | +0.04% | Rare outperformer showing mild resilience |
| Nifty Auto | 24,739.20 | ▼ 457.45 pts | -1.82% | Major sectoral loser alongside metal and capital goods |
| Nifty Metal | 11,640.20 | ▼ 219.35 pts | -1.85% | Heavy selling pressure across metal stocks |
| Nifty Energy | 35,013.30 | ▼ 461.45 pts | -1.30% | Energy basket dragging major indices lower |
Sectoral Losers & Stock Highlights
Sectoral Bloodbath: Heavy selling hit multiple indices, led by Nifty Metal (-1.85%), Nifty Auto (-1.82%), BSE Capital Goods (-1.56% to 69,585.07), and Nifty Energy (-1.30%).
Major Stock Laggards:
KEI Industries witnessed a severe correction, crashing 6.93% to ₹3,937.30 on heavy volume (>153k shares).
Godrej Properties traded lower at ₹1,547.60 (down 1.07%).
Punjab National Bank (PNB) slipped to ₹122.12 (down 0.31%).