Market Analysis › 27 October 2026

Market Analysis — 27 October 2026

[ These are not BUY or SELL recommendations, nor any form of trading advisory. All information is for educational purposes only. ]

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NIFTY 50 — 27 October 2026

NIFTY 50 — 27 October 2026 chart

Close 22,749.75, down 3.45 (−0.02%), open 22,708.80, high 22,829.75, low 22,636.85.

Opened lower, closed level. The open was 44.40 below Monday's close. The index made the week's high at 22,829.75 and closed 40.95 above its open, at 58.5% of a 192.90-point range.

Back on the weekly mark. The close is 12.57 above the weekly mark at 22,737.18, the mark it closed under last Thursday. The next weekly mark below is 22,478.01; above, about 23,170 (label partly hidden). On the daily chart the index stays above the falling trendline it crossed on 15 October (read off the chart), and the daily mark at 22,599.05 is 150.70 below.

The week so far: +0.66% (+149.75), high 22,829.75, low 22,387.35, close at 81.9% of the week's range.

The 200-week average. 351.09 above the 200-week EMA (22,398.66), 1.57%. Monday's low went 11.31 under it.

SENSEX — 27 October 2026

SENSEX — 27 October 2026 chart

Close 73,598.67, down 8.08 (−0.01%), open 73,484.38, high 73,762.98, low 73,179.41.

Above the 200-week EMA. The close is 371.19 above the 200-week EMA (73,227.48), 0.51%. Last Thursday it closed 24.40 above it. The close is at 71.8% of the day's range.

The week so far: +0.65% (+474.84), high 73,762.98, low 72,514.57, close at 86.8% of the week's range — the highest weekly close position of the five indices. Daily marks below: 72,441.15, 72,385.68 and 71,327.75. The falling trendline from August is above, near 75,000 (read off the chart).

BANK NIFTY — 27 October 2026

BANK NIFTY — 27 October 2026 chart

Close 53,974.90, down 391.80 (−0.72%), open 54,420.70, high 54,654.05, low 53,951.20 — the largest fall of the day.

Closed at the low. The open was 54.00 above Monday's close; the index closed 445.80 below its open, at 3.4% of the day's range. On the daily chart the candle opened above the falling trendline from late August and closed under it (read off the chart).

Below the weekly mark. The close is 75.99 under the weekly mark at 54,050.89. The next weekly mark, 53,458.63, is 516.27 below. The 450-day EMA (55,060.73) is 1,085.83 above.

The week so far: −0.58% (−312.45), high 54,654.05, low 53,777.50, close at 22.5% of the week's range. 200-week EMA 50,764.60.

NIFTY FIN SERVICE — 27 October 2026

NIFTY FIN SERVICE — 27 October 2026 chart

Close 24,303.75, down 150.60 (−0.62%), open 24,462.95, high 24,529.90, low 24,259.10.

A red candle near the low. The index closed 159.20 below its open, at 16.5% of the day's range. The high was 46.96 above the daily mark at 24,482.94; the close is under it.

Between the marks. The close is 81.59 above the daily mark at 24,222.16 and 110.48 above the weekly mark at 24,193.27. Monday's low went 30.97 under the weekly mark. Below: 24,070.40, 23,918.64 and 23,700.61. The weekly falling trendline from July is above (read off the chart).

The week so far: −0.41% (−99.25), high 24,529.90, low 24,162.30. 200-week EMA 23,447.93.

NIFTY MIDCAP SELECT — 27 October 2026

NIFTY MIDCAP SELECT — 27 October 2026 chart

Close 13,220.05, up 52.70 (+0.40%), open 13,177.80, high 13,301.40, low 13,125.35 — the only equity index up on the day.

On the weekly mark. The close is 11.21 above the weekly mark at 13,208.84, at 53.8% of the day's range. The next weekly mark above is 13,567.98.

The week so far: +1.43% (+187.00), the largest weekly gain of the equity indices; high 13,301.40, low 12,857.05, close at 81.7% of the week's range. Monday's low stayed above the weekly channel's lower line, near 12,750 (read off the chart). The 450-day EMA (13,356.92) is 136.87 above.

CRUDE OIL (MCX, 19 Nov fut) — 27 October 2026, evening session

CRUDE OIL (MCX, 19 Nov fut) — 27 October 2026, evening session chart

At the time of the chart (session in progress, volume 34.155K): 9,547, down 176 (−1.81%), open 9,615, high 9,796, low 9,521 — at 9.5% of the day's range so far, 26 above the low.

Above 9,722 and back. The high went 74 above the 9,722 mark; price is now 34 under 9,581.

The week so far: −2.58% (−253), high 9,827, low 9,521. Marks below: 9,196, 9,097, then the September marks near 8,930, 8,812 and 8,694. Above: 9,722 and 9,926.

GOLD (MCX, 4 Dec fut) — 27 October 2026, evening session

GOLD (MCX, 4 Dec fut) — 27 October 2026, evening session chart

At the time of the chart (session in progress, volume 5.058K): 143,925, up 852 (+0.60%), open 142,581, high 143,984, low 142,100 — at 96.9% of the day's range so far.

The 142,000 band held. Monday's low stopped 86 above the 142,000 band and Tuesday's 100 above it. Price is 411 above the weekly mark at 143,514. On the daily chart the candle is at the upper line of the falling channel drawn from the 9 October high, on the falling trendline from late August (read off the chart).

The week so far: +1.34% (+1,901), high 143,984, low 142,086. Above: 146,161, then 150,745.

SILVER (MCX, 4 Dec fut) — 27 October 2026, evening session

SILVER (MCX, 4 Dec fut) — 27 October 2026, evening session chart

At the time of the chart (session in progress, volume 11.161K): 197,100, up 1,307 (+0.67%), open 193,789, high 197,190, low 191,516 — at 98.4% of the day's range so far.

The 194,749 mark was reached. The weekly chart's 194,749 mark was 6,067 below price last Thursday. This week's low went 3,233 under it, and price is 2,351 above it.

The week so far: +0.71% (+1,381), high 197,190, low 191,516. The weekly marks above are 202,404 (5,304 above) and 207,732; the band at 218,495 is 21,395 above.

Read across the session

Tuesday Closed in its range Week so far Closed in week's range
Nifty Midcap Select +0.40% 53.8% +1.43% 81.7%
Sensex −0.01% 71.8% +0.65% 86.8%
Nifty 50 −0.02% 58.5% +0.66% 81.9%
Nifty Fin Service −0.62% 16.5% −0.41% 38.5%
Bank Nifty −0.72% 3.4% −0.58% 22.5%

The financials are behind. Bank Nifty and Fin Service are the only equity indices down for the week, and had the two lowest closes in the day's range. Bank Nifty closed under its weekly mark; the Nifty, Sensex and Midcap Select closed above theirs.

The rest were level or higher. The Nifty and Sensex closed within 0.02% of Monday, in the upper part of their ranges, and are 0.65–0.66% up on the week. The Midcap Select was the only index up on the day.

Gold and silver. Gold is up 1.34% on the week and silver 0.71%. Gold's lows held above its 142,000 band and it is at the top of its falling channel; silver went through its 194,749 mark this week before moving back above it, and is still 21,395 below its 218,495 band. Crude is down 2.58% on the week.

What the institutional flow did

FII net DII net Net DII cover
22 Oct −₹3,458.70 Cr +₹2,891.32 Cr −₹567.38 Cr 0.84×
23 Oct +₹887.65 Cr +₹3,235.36 Cr +₹4,123.01 Cr —
26 Oct −₹1,462.49 Cr +₹2,609.57 Cr +₹1,147.08 Cr 1.78×
27 Oct +₹4,240.39 Cr −₹1,250.03 Cr +₹2,990.36 Cr —

Tuesday: the sides swapped. FIIs bought ₹4,240.39 Cr net, buying ₹24,517.65 Cr and selling ₹20,277.26 Cr — a ₹5,702.88 Cr swing from Monday's sale. Their gross buying was the largest of the four sessions in the table, from ₹9,324.90 Cr on Monday. DIIs sold ₹1,250.03 Cr net (bought ₹15,702.74 Cr, sold ₹16,952.77 Cr), the first DII net sale in the table. The combined net was +₹2,990.36 Cr.

Monday: FIIs sold, DIIs covered it. FIIs sold ₹1,462.49 Cr net. DIIs bought ₹2,609.57 Cr, 1.78 times the FII sale, so the net was positive. (Source: NSE's provisional figures.)

F&O positioning

NSE's participant files are out through Tuesday:

Index fut Index opt Stock fut Stock opt FII net
23 Oct −280,183 −852,874 +801,090 −338,236 −670,203
26 Oct −277,105 −748,365 +881,096 −289,145 −433,519
27 Oct −221,057 −861,001 +864,452 −87,744 −305,350

Two days of FIIs cutting shorts. On Monday FIIs cut 236,684 net short contracts, mostly in index options (+104,509) and stock futures (+80,006). On Tuesday they cut 128,169 more: stock options +201,401 and index futures +56,048, while index options went the other way (−112,636). Tuesday's −305,350 is the least short reading of the 30 sessions in the record, ahead of 15 October (−417,135) and Monday (−433,519). Clients were net long 4,505,308 contracts on Tuesday, from 5,812,075 on Friday. The FII short-cutting on Tuesday came on the same day as their ₹4,240.39 Cr net buying in cash.

The standing limits apply: these are net figures across all participants in a category, a few sessions are not a rule, and positions published after the close cannot have caused the candles that produced them.


Descriptive commentary on price structure and marked levels. It is not advice, not a recommendation, and contains no targets or entry levels. NEOGreeks is not a SEBI-registered investment adviser.

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Disclaimer. These are not BUY or SELL recommendations, nor any form of trading advisory. All information on this site is for educational purposes only. NEOGreeks is not SEBI registered. Trading in securities and derivatives carries a substantial risk of loss.