
Sensex surged 440.81 points to 82,470.79, while Nifty was up by 152.05 points to 25,297.55.
All industries closed in the positive, with realty and finance stocks taking the lead.
Persistent Systems and ICICI Lombard were among the most active stocks today with strong Q2 earnings and double-digit growth.
Indian stock market today showed bullish sentiments as benchmark indices traded in green at press time. Sensex rose 440.81 points to 82,470.79, up by 0.54 %. Nifty 50 also gained 0.60 % or 152.05 points to 25,297.55. All sectoral indices showed signs of recovery, led by the realty index, which advanced by 2 %. BSE Midcap index increased 0.8 %, whereas the smallcap index rose 0.3 %. Nifty Bank index gained 0.46 % to 56,756.60. Nifty IT index also joined the rally, up by 0.29 % to 35,317. Let’s explore what happened in stock market today in detail based on Moneycontrol Live Updates.
Bajaj Finserv shares were the highest gainer on Nifty 50, going up by 2.64 % to Rs. 2,072.80. Bajaj Finance was the second with a rise of 2.54 % to Rs. 1,045.00. Larsen & Toubro gained 2.48 % to Rs. 3,837.20, and Nestle India went up 2.21 % to Rs. 1,201.50. Asian Paints climbed 2.18 % to Rs. 2,368.70.
On the other hand, Infosys stock was the biggest loser on Nifty 50, down by 1.20 % to Rs. 1,472.00. Tata Motors fell 0.81 % to Rs. 392.25, and Axis Bank was down by 0.68 % to Rs. 1,168.80. Tech Mahindra and Tata Consumer Products shares also traded in the red.
Also Read: IREDA Share Price Rises 3.7% to Rs. 155.59 Amid Strong Q2 Performance
Persistent Systems led the list of most active stocks with a trading value of Rs. 1,346.64 crore, up 6.35 % to Rs. 5,676.90. According to CNBC TV18, the firm posted stellar Q2 numbers with consolidated profit rising by 45.1 % to Rs. 471.5 crore from Rs. 325 crore year-on-year. Topline increased by 23.6 % to Rs. 3,580.7 crore, and EBIT margin widened to 16.3 % from 14.02 %.
Bharti Airtel made a strategic collaboration with IBM to enhance its newly established Airtel Cloud platform. The company's stock increased by 0.74 % to Rs. 1,960.60, with a market capitalization of Rs. 1,137,182.75 crore.
Hyundai Motor India was up 1 % at Rs. 2,435.65, following the announcement of a leadership change. Tarun Garg will replace Unsoo Kim as Managing Director and CEO with effect from January 1, 2026, as reported by The Hindu.
Tech Mahindra announced Q2 consolidated numbers with profit falling 4.4 % at Rs. 1,194.5 crore, while revenue increased 5.1 % at Rs. 13,994.9 crore. The EBIT margin of the company grew to 12.14 % from 9.61 % year-on-year. The board announced an interim dividend of Rs. 15 per equity share according to the company’s official website.
ICICI Prudential Life Insurance saw its sharpest fall in three months, losing 1.98 % to Rs. 585.45. Angel One reported Sula Vineyards posted a small revenue decline of 1.1 % at Rs. 139.7 crore during Q2.
Big news in the banking sector was that the government reportedly inked a mega bank merger plan. Small lenders will be grouped with larger banks by FY27, reports said, with the merger plan to be reviewed by the Cabinet and PMO.
In another important development, RBL Bank is to become Emirates NBD's largest subsidiary outside Dubai. Sources indicate Emirates NBD will pump in fresh funds at Rs. 295 a share to buy 51 % of RBL Bank as per a Business Standard report.
The Indian currency opened 52 paise higher at 88.27 per dollar from Tuesday's close of 88.79, bringing relief to the stock market today.
Foreign Institutional Investors (FIIs) kept with their selling spree, withdrawing Rs. 1,508.53 crore on October 14, whereas Domestic Institutional Investors (DIIs) lent support by infusing Rs. 3,661.13 crore. On October 13, FIIs had withdrawn Rs. 240.10 crore, whereas DIIs had invested Rs. 2,333.42 crore.
Also Read: Stock Market Today: Sensex Down 268 Points, Nifty Slips 85, Tata Motors Crashes 38% After Demerger
Indian stock market today showed investor optimism despite FII outflows. With DII support being robust and sectoral indices notching overall gains, the market seems to be firm. However, investors need to watch the cues from the market abroad, the banking sector consolidation updates, and the coming corporate earnings for future trends.
1. Why did the Indian stock market go up today?
The market gained on account of widespread buying on all the indices, robust corporate earnings, and buying from domestic institutional investors (DIIs). Realty and financial stocks dominated the rally, balancing foreign investor outflows.
2. Which were the biggest gainers today?
Top performing stocks were Bajaj Finserv, Bajaj Finance, Larsen & Toubro, and Nestle India. Persistent Systems and ICICI Lombard also saw steep jumps on the back of strong quarterly earning announcements.
3. Which sectors are leading the rally in the Indian market?
All sectors were in the green, with realty leading the charge with a gain of close to 2%, followed by financials and IT. Broader indices such as midcap and smallcap also caught on, reflecting strong market sentiment overall.
4. What key corporate news moved the market today?
Persistent Systems registered a 45% YoY rise in profit, improving IT sentiment. Bharti Airtel signed a new partnership with IBM, and there were reports of a proposed mega bank merger strategy by FY27.
5. Will the trend continue for investors?
Experts see near-term volatility on account of global signals and FII withdrawals. But solid domestic liquidity and Q2 earnings should support sustained positive momentum over the next few weeks.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.