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Market Wrap: Tech Mahindra, TCS, InterGlobe, BSE Top Gainers and Losers on Nifty and Sensex on Friday

Summary by Times of India
Indian equities extended gains as strong IT earnings lifted sentiment, with the Nifty rising 149 points to 23,146 and Sensex gaining 413 points. Tech Mahindra led advances, while broader markets slipped. Analysts flagged 23,000 as crucial for further upside.

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Last Updated on October 16, 2026 9:26 pm by INDIAN AWAAZ Rise in Tech Mahindra, TCS and Infosys supported the market; investors eyed high crude oil prices and global inflation concerns Business Correspondent Indian stock market registered a rise for the second consecutive trading session on Friday. Sensex and Nifty closed higher on the back of strong buying in stocks of major IT companies and gains in stocks of select large companies. Investors …

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The Indian stock market witnessed a rally on October 16, 2026. The Nifty crossed 23,100 and the Sensex also recovered. The main reason behind this surge is the changes made by SEBI in the rules of the closing auction session.

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TV9 Hindi broke the news on Friday, October 16, 2026.
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