NewsSignals AI analysis·Reuters·Oct 29, 2026

Indian shares rise after Fed holds rates steady; earnings-led gains boost optimism

Grade Bbullish AI signal$NIFTY$BRENT

Indian equities rebounded sharply on Thursday, with the Nifty 50 gaining 1.1% and the Sensex rising 1.2% as strong corporate earnings boosted sentiment after the Federal Reserve held interest rates steady. Fifteen of 16 major sectors advanced, while Adani Ports surged 6.3% on higher quarterly profit and an improved operating profit forecast; Brent crude fell 0.8% to $114.40 per barrel. Continued earnings strength and potential long-term capital gains tax relief could support further gains in Indian stocks, although elevated inflation and crude prices may keep sentiment volatile.

Bullish strength: 75/100

Nifty 50 rose 1.1% and Sensex gained 1.2%.
Fifteen of 16 major sectors advanced.
Strong quarterly earnings lifted several major stocks.
Foreign investors were net buyers in five of the last eight trading sessions.

Bearish strength: 25/100

Indian benchmark indexes had lost about 2% each over the previous seven sessions.
The Fed said inflation remains elevated.
Elevated crude oil prices and Middle East supply risks remain concerns.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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