Cautious Trading Expected Amid High Crude Oil Prices

Indian equity markets may remain volatile on Thursday, October 29, 2026, as investors closely monitor global market cues, crude oil prices, and the US Federal Reserve’s policy signals. On Wednesday, the Sensex declined 352.64 points (0.48%) to close at 73,246.03, while the Nifty 50 fell 50.90 points (0.22%) to settle at 22,698.85 Key Factors to Watch Today: - Crude Oil: Elevated oil prices could pressure inflation, the rupee, and oil-importing companies. - FII and DII Activity: Foreign institutional investor selling and domestic institutional buying will be important indicators of market sentiment. - Global Cues: Investors will track international markets and the US Federal Reserve's policy outlook. - Sectoral Trends: IT and oil & gas stocks faced pressure in the previous session, while auto and pharmaceutical stocks showed relative resilience Market Outlook: A cautious, range-bound session is possible, with crude oil prices, institutional flows, and global developments likely to influence market direction. FII and DII flows on Wednesday were positive, with net purchases of ₹872 crore and ₹643 crore, respectively. Stock To Watch