Extending losing streak for fourth straight session, Nifty ended lower on Friday as sharp rise in crude oil prices and escalating geopolitical jitters after renewed Houthi’s attack on Saudi Arabia. Besides, relentless foreign fund outflow weighed on investor sentiment. As per exchange data, foreign institutional investors offloaded Indian equities worth Rs 3,458.70 crore on October 22, 2026. After making a positive start, index soon wiped out all its gains and remained under pressure until the end of the session, mainly drag down by sharp selloff in all the sectors. Meanwhile, traders overlooked the HSBC Flash India PMI data indicating India's private sector business activity signalled continued growth in October 2026, supported by stronger new orders and easing inflationary pressures. Finally, Nifty ended at 22,600 mark.
All sectorial indices ended in red. The top gainers from the F&O segment were Eternal, Shree Cement and Apollo Hospitals Enterprise. On the other hand, the top losers were Swiggy, Ujjivan Small Finance Bank and Adani Energy Solutions. In the index option segment, maximum OI continues to be seen in the 23900 - 24100 calls and 21400 - 21600 puts indicating this is the trading range expectation.
