15-Oct-2026      16:30

Local stocks closed with strong gains, NIFTY up 1.66%

The key domestic indices surged. Nifty Private Bank, Nifty IT and Nifty Auto shares rose, while Nifty PSU Bank and Nifty Media shares retreated.

As per provisional closing data, the barometer index, the S&P BSE Sensex, jumped 1533.72 points or 2.11% to 74,315.61. The Nifty 50 index recorded robust gains of 374.65 points or 1.66% to 22,997.35. In the past three trading sessions, the Nifty and Sensex jumped by 2.83% and 3.32%, respectively.

The broader market underperformed the frontline indices. The BSE 150 MidCap Index inched down 0.48% and the BSE 250 SmallCap Index fell 1.04%.

The market breadth was weak. On the BSE, 2125 shares advanced and 3054 shares declined. A total of 200 shares were unchanged.

HDFC Bank Ltd was the top traded stock in NIFTY50 index today, recording a quantity of 373.65 lakh shares and saw a sharp spurt of 64.69% compared to last one-week’s average daily volume. The stock has edged lower 0.82% in last one-month and has tumbled 27.27% over last one year.

Kotak Mahindra Bank Ltd was the second highest traded stock in NIFTY50 index today, recording a quantity of 327.11 lakh shares and recorded a sharp increase of 26.36% compared to last one-week’s average daily volume. The stock has risen sharply by around 6.89% in last one-month and has gained modestly 1.79% over last one year.

Index action

The Nifty Private Bank index increased by 1.89% to 27679.3 today. The index has gained modestly by 0.19% in last one week and has moved higher by 0.36% over last one month. It is down 1.91% in last one year. ICICI Bank Ltd (up 3.80%), HDFC Bank Ltd (up 2.27%), Kotak Mahindra Bank Ltd (up 2.26%), IndusInd Bank Ltd (up 2.24%) and Axis Bank Ltd (up 1.85%) moved higher.

The Nifty IT index rose by 1.82% to 30719.8 today. The index has rallied by 8.69% in last one week and has edged up 2.08% over last one month. It declined by 14.32% in last one year. Tech Mahindra Ltd (up 4.75%), HCL Technologies Ltd (up 2.49%), Infosys Ltd (up 2.02%), Tata Consultancy Services Ltd (up 1.96%) and Wipro Ltd (up 1.83%) gained.

The Nifty PSU Bank index retreated by 1.55% to 8041.2 today. The index is slightly higher by 0.97% in last one week and has posted modest gains of 0.11% over last one month. It edged higher by 7.52% in last one year. Canara Bank (down 6.12%), Bank of Maharashtra (down 3.54%), Bank of India (down 3.03%), Punjab National Bank (down 2.91%) and Indian Overseas Bank (down 1.82%) went down.

The Nifty Media index edged lower by 1.47% to 1617.2 today. The index is sharply higher by 3.98% in last one week and has risen 9.14% over last one month. It has edged higher by 6.08% in last one year. D B Corp Ltd (down 6.53%), Tips Music Ltd (down 4.71%), Sun TV Network Ltd (down 3.67%), Saregama India Ltd (down 3.52%) and Prime Focus Ltd (down 1.79%) slipped.

The Nifty IT index rose for a third session in a row today. Tech Mahindra Ltd (up 4.75%), HCL Technologies Ltd (up 2.49%), Infosys Ltd (up 2.02%), Tata Consultancy Services Ltd (up 1.96%) and Wipro Ltd (up 1.83%) traded higher.

News source: Capital Market - Live News