Stock markets end higher for second day, led by strong buying in IT firms
Indian stock markets, including the Sensex and Nifty, closed higher for the second consecutive day, driven by strong performance in the IT sector. Tech Mahindra saw significant gains following a positive quarterly earnings report.
Why it matters
Market performance in the IT sector is a key indicator of economic health in India, influencing investor sentiment and corporate growth.
Stock markets end higher for second day, led by strong buying in IT firms left Image used for representational purposes only. ANI ANI https://th-i.thgim.com/public/incoming/leh28q/article71592161.ece/alternates/FREE_1200/20261005326L.jpg ANI Mumbai, Oct 05 (ANI): A view of the Bombay Stock Exchange (BSE) building as the Sensex opens 431.25 points (0.60%) higher at 72,340.95, in Mumbai on Sunday. (ANI Video Grab) The 30-share BSE Sensex climbed 413.66 points, or 0.56%, to settle at 74,729.27. During the day, it surged 463.17 points, or 0.62%, to 74,778.78 Mumbai Benchmark indices Sensex and Nifty closed higher for the second straight day on Friday (October 16, 2026), driven by strong buying in IT stocks amid firm global trends. The 30-share BSE Sensex climbed 413.66 points, or 0.56%, to settle at 74,729.27. During the day, it surged 463.17 points, or 0.62%, to 74,778.78. The 50-share NSE Nifty was up 148.80 points, or 0.65%, to end at 23,146.15.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in