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SENSEX CRASHES 876 POINTS | JIO IPO BUZZ | AXIS BANK SHARES FALL – OCTOBER 20, 2026 Analytics Table

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Indian Stock Market News, October 19, 2026: Sensex fell 876 points to 73,853, while Nifty declined 257 points to 22,889, according to the latest market roundup. Rising crude oil prices, selling in major banking stocks and concerns about global markets weighed on investor sentiment. Meanwhile, Axis Bank reported a 38% rise in quarterly profit, but its shares declined as earnings reportedly missed market expectations. Punjab National Bank posted approximately 13% profit growth and an improvement in bad loans. In IPO news, Mukesh Ambani's Jio Platforms attracted over $25 billion in anchor investor bids, with demand exceeding 30 times the allocated portion. The IPO opens for public subscription on October 21, with a price band of ₹1,065–₹1,119. Other major updates include the Indian rupee, crude oil prices, Zetwerk IPO developments, and India-US trade discussions. The NSE and BSE are closed on October 20 for Dussehra, with regular trading resuming on October 21. Follow AISM India for daily stock market news, IPO updates, banking results and financial market analysis.

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