Stock market outlook for 27 October 2026: what brokers expect today

Where the street agrees: Everyone is careful, not scared. The brokers who gave levels put support near 22,370–22,400 and the first hurdle near 22,800–22,850. Above that, they see 23,000–23,200 as the next targets.

Where it is split: The split is over the next move. Anand Rathi and Bajaj Broking lean mildly positive. Kotak wants proof first, meaning a hold above 22,800–22,850. Motilal Oswal expects a sideways market. The opening is also unclear. Kotak’s early-morning note showed GIFT Nifty at 22,667, down 0.47%, which means a weak start. HDFC Sky’s later note said pre-open trade was slightly higher.

What it means for today: The Nifty closed Monday at 22,753.20. A sideways day between 22,400 and 22,850 is the most likely path, with monthly expiry adding sharp swings. Global signals are mixed. Wall Street ended higher, but Brent crude is near $114.70 a barrel and the rupee is weak at about 95.22 per US dollar. Foreign investors sold ₹1,462 crore on Monday and have sold a record amount this year. The US Fed decision on Wednesday could also move markets.

Stocks in focus (Q2 results): Kotak lists L&T, Maruti Suzuki, Bajaj Auto, Tata Steel, Cipla and SBI Life. HDFC Sky highlights Tata Consumer, Paytm’s parent and Nazara.

This is an informational summary, not personal investment advice.