Nifty IT Surges 5.2% to Log Biggest Single-Day Gain in 17 Months
IT shares drove the advance as HCL Tech and Tech Mahindra rose on strong earnings, while domestic investors bought Rs 3,045.02 crore of equities.
- On Thursday, October 15, 2026, the BSE Sensex jumped 1,533.72 points, or 2.11%, to close at 74,315.61, while the NSE Nifty climbed 374.65 points, or 1.66%, to 22,997.35.
- Ankur Punj, Managing Director at Equirus Wealth, attributed the rebound to strong Q2 earnings from IT companies and rupee recovery supported by Reserve Bank of India measures.
- Tech Mahindra shares surged 5% after reporting a 32.74% profit jump to ₹1,585.6 crore, while Wipro rose 4.6% following a second-quarter revenue beat.
- Foreign Institutional Investors offloaded equities worth Rs 1,857.44 crore on Wednesday, October 14, 2026, while Domestic Institutional Investors bought Rs 2,670.44 crore in support.
- Hitesh Tailor, Technical Research Analyst at Choice Broking, warned that market bias remains cautious due to global uncertainties, with investors now focusing on earnings and crude oil movements.
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51 Articles
Indian markets continue rally; Nifty and Sensex close 2% up as rupee strengths
The Indian stock market continued its 3-day rally, defying other Asian markets dragged down by speculation around AI stocks and concerns about U.S. inflation and a potential interest rate hike by the U.S. Federal Reserve
5 reasons why the market is rallying today: Sensex rockets 1,400 points, Nifty crosses 23,000
Sensex surges over 1,000 points and Nifty crosses 22,900 on October 15. IT stocks extend gains as falling crude oil prices, a stronger rupee and Q2 earnings optimism support the market.
Stock Market Zoom: Trading in the stock market began on a positive note on Thursday. Both the Sensex and Nifty indexes opened in the green zone with gains. The BSE Sensex jumped by more than 600 points upon opening.
15 October, 2026 Stock Market Updates: Sensex gains 183 points, Nifty near 22,700, TCS jumps over 2%
Asian shares tumbled after US stocks fell to their worst day since July, following the latest signal that inflation is worsening. Japan's Nikkei 225 was down by 3,478.29 points.
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