Post-market
16 OCT 2026 · 16:02 IST
Nifty 50 closed at 23146.15, up 0.65%; Cement & Construction leads, Consumer Durables lags
The benchmarks closed higher. Levels and sector moves for the session are shown below.
Nifty 50
23,146.15
+0.65%
Close, 16 OCT 2026
Bank Nifty
55,844
+0.06%
Close, 16 OCT 2026
Sensex
74,624.77
+0.42%
Close, 16 OCT 2026
The session
The Nifty 50 rose 0.65%. The Nifty 50 is 12.1% below its 52-week high.
Foreign institutions were net sellers of ₹5,285 crore in the cash market on 15 October, and domestic institutions net buyers of ₹3,319 crore. Domestic money absorbed the foreign flow, which is why the index moved less than either side's figure would suggest. Over the last 5 sessions foreign institutions were net sellers of ₹13,725 crore.
Key drivers
Market breadth
12 of 25 sectors advanced. Gains and losses were close to evenly split, which points to sector rotation rather than a market-wide direction. Cement & Construction led and Consumer Durables lagged, a spread of 2.6 points between the two ends of the market.
Currency, commodities & rates
Currency, commodities and rates
- USD/INR: 94.96, rupee firmer by 0.20% on the session
- India VIX: 14.02 (-0.0%)
- Gold (rupee terms): +0.32% on the session, -2.1% over five sessions
Key drivers
Markets
- Nifty IT soars 14% in 6 days on Q2 earnings boost; TechM, Wipro, TCS shine. At 10:12 AM on Friday, the Nifty IT index was the top sectoral gainer, up 2.8%. Tech Mahindra, Wipro, Infosys and TCS surged up to 7% amid Q2 earnings cheer. (Business Standard Mkts)
- Bulls fight back as Sensex stages 700-point comeback. 4 factors driving the rally. On Friday morning, benchmark indices Sensex and Nifty made a remarkable recovery after a short dip into negative territory. (ET Stocks)
- Why are markets rising today? Sensex soars 700 pts from day’s low, Nifty nears 23,150. 4 factors fuelling the surge. On Friday morning, benchmark indices Sensex and Nifty made a remarkable recovery after a short dip into negative territory. (Economic Times Markets)
- Stock Market Live Updates: Sensex Rises 350 Points, Nifty Holds 23,100; HBL Engineering Rallies 15%, CCL Products Tanks 7%. Stock Market Live Updates: Among individual stocks, Tech Mahindra, Infosys and TCS were top gainers, while RIL and ITC were the top drags. (NDTV Profit)
Read more Nifty IT soars 14% in 6 days on Q2 earnings boost; TechM, Wipro, TCS shine · Bulls fight back as Sensex stages 700-point comeback. 4 factors driving the rally · Why are markets rising today? Sensex soars 700 pts from day’s low, Nifty nears 23,150. 4 factors fuelling the surge · Stock Market Live Updates: Sensex Rises 350 Points, Nifty Holds 23,100; HBL Engineering Rallies 15%, CCL Products Tanks 7%
Economy & policy
Economy and policy
- Sebi revises CAS rules, changes derivatives expiry settlement methodology. Sebi has announced changes to the closing auction session for the equity cash market, which will begin in December 2026. The revised session will run from 3.30 pm to 3.40 pm, with specific phases for order entry. (ET Stocks)
- Sebi writes to Irdai to include insurance data in consolidated statement. Sebi seeks to include insurance and bank deposit details in consolidated account statements to give investors a comprehensive view of their financial assets (Business Standard Mkts)
- SEBI To Wait At Least A Year Before Revisiting CAS, Says KVR Murty. The regulator is optimistic about the revised Closing Auction Session mechanism and will consider further changes based on market feedback, but will not make revisions without consulting market participants. (NDTV Profit)
- India may raise fuel prices in November, says economist Alexandra Hermann Prasad. If authorities do not announce a fuel price increase in November, Oxford Economics’ inflation projections could decline by 10-30 basis points in the coming quarters. (Business Today Mkts)
Read more Sebi revises CAS rules, changes derivatives expiry settlement methodology · Sebi writes to Irdai to include insurance data in consolidated statement · SEBI To Wait At Least A Year Before Revisiting CAS, Says KVR Murty · India may raise fuel prices in November, says economist Alexandra Hermann Prasad
Companies
- NSE, BSE, Groww, other capital market stocks rise up to 3% as Sebi revises CAS framework. What traders must know. SEBI has revised the Closing Auction Session framework, changing market timings, order transfer rules and settlement price calculations for derivatives. (Economic Times Markets)
- Ace investor Sunil Singhania adds 6 new stocks in Q2; likely exits two companies after 150% rally. Sunil Singhania’s Abakkus funds added six stocks, including Aether Industries, BEML and Paramount Communications, amid market volatility and foreign investor outflows. (ET Stocks)
- Q2 impact: TechM shares gain 5% as analysts raise earnings estimate, target. Tech Mahindra shares jumped 5 per cent and emerged as the top Sensex gainer after the Q2 results. SBI Securities said that it expects Tech Mahindra stock to outperform the broader IT sector and peers. (Business Standard Mkts)
- Wipro Q2 results: Net profit falls 2% YoY to ₹3,200 crore; revenue rises 9%. Wipro reported September-quarter revenue of ₹24,752.7 crore, up 1.1% sequentially and 9.0% year-on-year. Consolidated net profit fell 4.7% quarter-on-quarter to ₹3,199.7 crore and declined 1.9% from a year earlier. (LiveMint Markets)
Read more NSE, BSE, Groww, other capital market stocks rise up to 3% as Sebi revises CAS framework. What traders must know · Ace investor Sunil Singhania adds 6 new stocks in Q2; likely exits two companies after 150% rally · Q2 impact: TechM shares gain 5% as analysts raise earnings estimate, target · Wipro Q2 results: Net profit falls 2% YoY to ₹3,200 crore; revenue rises 9%
Companies
New issues
- Pernod Ricard India sales grow 19% in Sept qtr; IPO plan awaits board approval. Pernod Ricard has demonstrated remarkable sales growth of 19 percent in India for the September quarter, driven by strong market demand and ongoing premiumisation trends. The company's preparatory measures for a potential IPO have positively influenced sales. (Economic Times Markets)
- Jio IPO: Valuation, GMP & Key Numbers of Ambani’s Telecom Giant Decoded. (Economic Times Markets)
- Jio eyes big share of India's digital economy: Akash Ambani ahead of IPO. (BS Companies)
- Uday Kotak in Reliance Jio IPO press conference: Historic issue! RIL to become largest conglomerate by market cap. (LiveMint Companies)
Read more Pernod Ricard India sales grow 19% in Sept qtr; IPO plan awaits board approval · Jio IPO: Valuation, GMP & Key Numbers of Ambani’s Telecom Giant Decoded · Jio eyes big share of India's digital economy: Akash Ambani ahead of IPO · Uday Kotak in Reliance Jio IPO press conference: Historic issue! RIL to become largest conglomerate by market cap
Currency, commodities & rates
World
- Nirmala Sitharaman Says Trade Barriers A Hurdle To China-India Ties. FM Sitharaman called out China for denying market access to India's goods that have "immense" potential in the mainland, including generic drugs, beef and vegetables. (NDTV Profit)
- Global trade realignment: India’s export push faces rising imports, China challenge. The gap between export and import growth is the central concern. India has expanded manufacturing and overseas shipments, but purchases from abroad are increasing much faster than sales to international markets. (Business Today Mkts)
- India's trade with West Asia returns to near-normal levels. Goods exports may cross $500 billion this fiscal; gold and silver imports fall sharply (Business Today Mkts)
- Planning a trip to Japan? Air India to start 1st-ever non-stop flights between Delhi and Osaka from February. Air India said that the flight timings have been structured to “maximise customer convenience”. (LiveMint Companies)
Read more Nirmala Sitharaman Says Trade Barriers A Hurdle To China-India Ties · Global trade realignment: India’s export push faces rising imports, China challenge · India's trade with West Asia returns to near-normal levels · Planning a trip to Japan? Air India to start 1st-ever non-stop flights between Delhi and Osaka from February
What matters next
The next Indian trading session is 19 Oct 2026.
On the calendar: NSE, BSE, Groww, other capital market stocks rise up to 3% as Sebi revises CAS framework. What traders must know; Wipro Q2 results: Net profit falls 2% YoY to ₹3,200 crore; revenue rises 9%; L&T Finance Q2: Net Profit Jumps Nearly 33% To Rs 975 Crore, Total Income Also Up 27%.
Market internals
Advances and declines
of 25 sectors
Evenly split between rising and falling sectors.
52-week position
Where each close sits between its own year’s low and high.