IT Stocks Lift Sensex and Nifty Higher in Early Trade

Benchmark Indian stock indices rebounded in early trade on Friday, October 9, 2026, recovering from two days of sharp decline. The 30-share BSE Sensex climbed 292 points to reach 71,876.10, while the 50-share NSE Nifty gained 84.60 points to hit 22,310.40.

Market Movers

Tata Consultancy Services led the recovery among Sensex firms, surging more than 4% after posting a 15% jump in net profit to ₹13,884 crore alongside positive growth forecasts. Other major gainers included Infosys, ITC, HCL Tech, Tech Mahindra, Adani Ports, and HDFC Bank. On the other hand, Eternal, Bharat Electronics, Reliance Industries, and ICICI Bank traded as laggards.

Global Cues

International factors presented a mixed picture as Brent crude oil fell 1.11% to $103 per barrel. Asian markets showed varied trends, with Japan's Nikkei 225 and Shanghai's SSE Composite moving lower while Hong Kong's Hang Seng index traded higher. Meanwhile, U.S. markets had finished mostly lower on Thursday, October 8, 2026.

Context

Stock markets regularly fluctuate based on corporate earnings reports, foreign investor activity, and global commodity prices like crude oil. Large institutional sell-offs and heavy buying in major technology firms frequently trigger swift day-to-day index swings.