Daily Market Summary

Indian equities saw divergent flows on October 19, 2026, with foreign institutional investors (FIIs) net buying Rs 1,166 crore while domestic institutional investors (DIIs) offloaded Rs 3,661 crore worth of equities. PSU banking stocks led the gainers' pack, with Union Bank of India rallying 5.25% and Punjab National Bank climbing 4.82%, signalling renewed investor interest in the state-run lending space. Jewellery counters topped the leaderboard with Swarnsarita Jewels India surging 19.98% and Ashapuri Gold Ornament gaining 19.96%, both hitting upper circuits. Sri KPR Industries added 4.00% to round out the top gainers. On the losing side, Amal Limited tumbled 9.37%, followed by Pradeep Metals down 7.14% and Sunil Healthcare declining 7.13%, with Behari Lal Engineering and Kilburn Engineering shedding 5.86% and 5.02% respectively. The primary market remained active with four live IPOs in play: Tonbo Imaging India, Sahajanand Medical Technologies, Bonfiglioli Transmissions, and Zetwerk Manufacturing Businesses, offering investors fresh deployment avenues across defence, medtech, industrials, and contract manufacturing.