Market AnalysisMarket Commentary

Bulls Charge D-Street: Sensex Surges 879 Points, Nifty Tops 22,500 Led by Banking and IT

12 October 202607:53 pm
Bulls Charge D-Street: Sensex Surges 879 Points, Nifty Tops 22,500 Led by Banking and IT

Indian equity benchmarks witnessed an aggressive broad-based rally on Tuesday, October 13, 2026. The BSE Sensex surged 879.09 points or 1.23% to settle at 72,472.33, while the NSE Nifty 50 leaped 288.65 points or 1.30% to finish the trading session at 22,520.45.

The upsurge was spearheaded by heavyweights in the banking, financial services, and IT sectors, with ICICI Bank, HDFC Bank, Infosys, and Reliance Industries leading the gainers' chart. Conversely, defensive pockets like FMCG and select pharma names lagged as risk-on appetite took center stage.

Macroeconomic catalysts provided strong tailwinds throughout the day. Overnight resilience in US equities and softening US Treasury yields bolstered foreign sentiment. Furthermore, a pullback in Brent crude oil prices eased inflationary worries for domestic refiners and consumer plays. The Indian rupee traded with a firm bias against the greenback, while steady net inflows from Domestic Institutional Investors (DIIs) and tapering Foreign Institutional Investor (FII) selling supported liquidity across frontline indices.

Published on 12 October 2026
Bulls Charge D-Street: Sensex Surges 879 Points, Nifty | IPO Chowk