BUSINESS

Indian stock markets soared on October 13, with Sensex rising over 1,100 points and Nifty gaining 1.6%, fueled by a sharp rally in IT stocks and optimism around HCL Technologies’ results.

Indian benchmark indices staged a strong comeback on Monday, with the Sensex gaining 685 points and the Nifty rising over 220, after a record-breaking eight-week losing streak. Easing crude oil prices, positive Q2 corporate updates, and a rebound in banking stocks helped fuel the rally.

Indian equity benchmarks BSE Sensex and Nifty50 suffered steep losses on September 28 and 29, 2026, erasing Rs 8.9 lakh crore in market value as high crude prices, rising US bond yields, and Iran-US tensions spooked investors.

The Rs 22,561.57 crore NSE IPO has seen heavy investor demand, with allotment finalised on September 22, 2026, and a BSE listing set for September 24. Investors can expect moderate listing gains based on grey market trends.

India’s crude oil import costs soared past $100 a barrel last week, driven by an escalation in the US-Iran conflict and supply disruptions in the Middle East.

India’s economy expanded 7.8% in the April-June 2026 quarter, outpacing forecasts on strong manufacturing, construction, and surging investment, even as agriculture and mining lagged.

Indian equity markets rebounded on August 25, 2026, with Sensex closing up 287 points at 77,656 and Nifty rising 116 points to 24,335. Metal and realty stocks led gains as oil prices slipped, while broader markets remained mixed.

Tata Sons’ annual general meeting is set to be adjourned due to a quorum snag after the Sir Ratan Tata Trust, holding 23.56%, couldn’t nominate a representative amid a regulatory freeze. Key agenda items, including N Chandrasekaran’s reappointment, are now delayed.

Tata Sons’ annual general meeting is set to be adjourned due to a quorum snag after the Sir Ratan Tata Trust, holding 23.56%, couldn’t nominate a representative amid a regulatory freeze. Key agenda items, including N Chandrasekaran’s reappointment, are now delayed.

Indian stock markets began the week on a positive but cautious note, with the Nifty 50 closing 13 points higher and the Sensex gaining 43 points. SBI stood out as a top contributor amid mixed sectoral trends and ongoing global uncertainties.