Closing Bell: Sensex Surges Over 1,100 Points, Nifty Reclaim

Closing Bell: Sensex Surges Over 1,100 Points, Nifty Reclaims 22,700; IT Stocks Lead Rally Indian equity markets staged a strong recovery on October 13, ending the session firmly in positive territory. The Nifty 50 closed above 22,700, while the Sensex rallied more than 1,100 points, supported by broad-based buying and a sharp rebound in IT stocks. At the close, the Sensex advanced 1,109.10 points (1.54%) to 73,033.78, while the Nifty 50 climbed 358.60 points (1.60%) to 22,721.95. Market breadth remained positive, with 2,303 shares advancing, 1,711 declining and 162 ending unchanged. Top Nifty Gainers:

, TCS, Shriram Finance, Tech Mahindra and Infosys led the gains. Top Nifty Losers: Eternal, Kotak Mahindra Bank, Max Healthcare, Power Grid Corporation and Maruti Suzuki ended under pressure. Sectoral Performance Information Technology emerged as the standout sector, with the IT index gaining around 5%. Metal, PSU Bank, Auto, Consumer Durables and Realty indices also advanced by approximately 1% each. Energy and Pharma were the notable sectors that failed to participate in the broader rally. Broader Market Update The Nifty Midcap index rose around 0.7%, while the Nifty Smallcap index edged up approximately 0.2%, indicating relatively stronger gains among large-cap stocks. Overall, domestic benchmarks closed sharply higher, led by technology stocks and widespread buying across sectors, although selective weakness persisted in some heavyweight stocks. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.