The Indian stock market witnessed a decline on October 28, 2026, as the benchmark S&P BSE SENSEX fell 0.5% to close at 73,246.0. Green energy, power, battery manufacturing and related stocks recorded mixed movements across the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), with selected companies posting gains despite the broader market weakness.
Kabra Extrusion and Exide Industries emerged among the notable gainers, with both stocks rising approximately 4.4%. Exide Industries traded at ₹353.50 on the BSE and ₹353.90 on the NSE, reflecting positive investor interest in the battery manufacturing segment.
Insolation Energy also recorded gains during the session. Its shares increased by 2.81% on the BSE and 3.13% on the NSE, reaching ₹71.10. JSW Energy advanced 2.88% on the BSE to close at ₹482.50. Inox Wind registered comparatively modest gains, rising 0.41% on the BSE and 0.58% on the NSE to trade near ₹58.80.
However, several major energy companies faced selling pressure as investors responded to the broader market correction. Reliance Industries declined 3.5%, making it one of the significant losers among the energy-related counters. EKI Energy Services also recorded a fall of approximately 2.7%, reflecting weakness across parts of the sector.
Adani Green Energy shares declined 0.93% on the BSE to close at ₹1,273.00, while the stock fell 1.24% on the NSE. Amara Raja Energy & Mobility also traded lower, with its shares falling to ₹709.70 on the BSE and ₹708.70 on the NSE, representing declines of approximately 0.41% and 0.62%, respectively.
Other renewable energy and power-related companies also experienced losses. Borosil Renewables slipped 0.61% on the BSE to ₹393.10. Indian Energy Exchange (IEX) declined 0.53% to trade around ₹102.90, while Indian Oil Corporation fell 1.44% on the BSE to ₹129.70.
GAIL recorded mixed movements across the two exchanges. Its shares declined 0.60% on the BSE but gained 0.13% on the NSE, trading near ₹165.00.
The trading session highlighted divergent performance across India’s green energy and related industries. Battery manufacturing and selected renewable energy companies attracted buying interest, while several large energy counters weakened. The overall movement reflected cautious investor sentiment amid the decline in benchmark indices, with stock-specific factors influencing individual company performance.
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