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- DalalStreet extends recovery ; Sensex ends over 400 pts , Nifty above 23 , 100 ; IT lead gains
Indian markets extended their recovery for a second straight session, with the Sensex closing at 74,729.27 (up 413.66 points, or 0.56%) and the Nifty at 23,146.15 (up 148.80 points, or 0.65%). IT stocks led the rally, with the Nifty IT index up 3.92% following strong quarterly results, while most other sectors ended lower and midcap and smallcap indices were broadly flat. Ajit Mishra of Religare Broking said metal and auto stocks supported sentiment while weakness in FMCG, realty and energy capped gains; the rupee firmed, but Brent crude near USD 105 a barrel, persistent inflation concerns and US bond yields kept investors cautious. Markets are now looking ahead to quarterly earnings from major banks. Analyst Vipin Dixena pointed to the divergence between strong IT stocks and cautious sentiment elsewhere, and said the next phase will depend on whether corporate earnings can justify valuations.
- Indian equity market open flat amid profit booking ; Sensex down over 130 pts , Nifty below 22 , 980
On October 16, 2026, Indian equity markets opened flat as investors booked profits after the previous session's rally. The Sensex fell 130.02 points (0.17%) to around 74,185.59, while the Nifty dropped 23.30 points (0.10%) to around 22,974.05. Nifty IT was the top sectoral gainer, rising over 1%, while most other sectoral indices, including banks and autos, traded lower. The rupee strengthened by 35 paise to open at 94.71 per US dollar, while Brent crude hovered around USD 105.28 per barrel. Analyst Vipin Dixena pointed to the Supreme Court upholding the quashing of YES Bank's Rs 8,415 crore AT-1 bond write-off and persistent FII selling as key concerns, while Ajit Mishra of Religare Broking said easing crude prices and a firmer rupee had improved sentiment, but geopolitical uncertainty and foreign outflows remain risks.
- Indian equity market open flat amid profit booking ; Sensex down over 130 pts , Nifty below 22 , 980
Indian equity markets opened largely flat on Friday as investors booked profits after Thursday's strong rally. The Sensex fell 130.02 points (0.17%) to around 74,185.59, while the Nifty dipped 23.30 points (0.10%) to about 22,974.05. YES Bank drew attention after the Supreme Court invalidated its Rs 8,415 crore AT-1 bond write-off, and Reliance Industries was in focus over its Q2 results and the proposed Jio IPO. Analyst Vipin Dixena said persistent FII selling is the biggest concern and flagged 23,000 as the immediate psychological hurdle. The rupee opened 35 paise stronger at 94.71 against the US dollar.
- Sensex jumps 1,534 points, Nifty surges to nearly three-week high led by banks
The BSE Sensex rose 1,533.72 points (2.11%) to 74,315.61, a three-week high, while the NSE Nifty climbed 1.66% to 22,997.35, its highest since September 25. Banks, IT and Reliance Industries led the gains, with Tech Mahindra up 4.61%, ICICI Bank 4.17% and Reliance 4.03% after Jio Platforms set a Rs 1,065–1,119 price band for its IPO, which could raise about Rs 30,213 crore. Brent crude fell 2.34% to USD 103.6 per barrel, and analysts cited easing crude prices along with concerns over stretched AI valuations and higher US inflation that hit global tech stocks. In Asia, South Korea's Kospi dropped 7.57% and Japan's 225 index fell 4.90%, while FIIs sold equities worth Rs 1,857.44 crore on Wednesday.
- Sensex rises 413 points , Nifty closes above 23 , 100 - visionmp . com vision mp - Vision MP – MP Breaking News , Madhya Pradesh News , Live Updates
- Nifty , Sensex investors alert ! US bond yields remain above 5 % - 5 ways this could impact your investments , portfolio
The US 10-year Treasury yield fell to 5.086% by Thursday's close from a 5.33% peak on Wednesday, a multi-decade high, after inflation data showed September consumer inflation at 3.7%, producer prices up 6.3% year on year, and crude above $100. Sandip Jha of Godrej Wealth called the drop a tactical correction rather than a sustained turnaround, warning yields could climb again if macro data stay firm. An IndusInd Bank report outlines five ways higher US yields could affect Indian investors: foreign outflows from equities, a rise in India's 10-year government bond yield to 7.18% on September 30, 2026 from 6.95% at end-August, a stronger dollar pressuring the rupee and raising imported inflation, higher corporate borrowing costs, and lower equity valuations. The report says elevated fiscal deficits and Treasury issuance could keep US yields high for longer.
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