Stock markets rebound in early trade led by IT firms, HDFC Bank
Indian stock markets rebounded on Tuesday, led by gains in IT firms and HDFC Bank. The recovery follows a decline in the previous session, despite mixed performance in broader Asian markets.
Why it matters
Market fluctuations reflect investor confidence in the Indian economy and the performance of major tech firms amidst global economic shifts.
Market benchmark indices Sensex and Nifty rebounded in early trade on Tuesday (October 13, 2026) amid a rally in blue-chip HDFC Bank and IT stocks.
The 30-share BSE Sensex climbed 305 points to 72,224.15 in early trade. The 50-share NSE Nifty was up 93.40 points to 22,458.50.
From the 30 Sensex firms, HCL Tech jumped nearly 5% after the IT firm reported a 21.18% rise in consolidated net profit to ₹5,132 crore for the July-September quarter of FY27, helped by higher margins from its fast-growing advanced AI operations and a lower tax outgo.
Tata Consultancy Services, Tech Mahindra, Infosys, HDFC Bank and Trent were also among the winners.
NTPC, Power Grid, Maruti and Kotak Mahindra Bank were among the laggards.
Brent crude, the global oil benchmark, declined 1.08% to $105.5 per barrel.
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