Benchmark equity indices extended gains for the second consecutive session.
Nifty crossed the 25,600 mark intraday on October 16 — its first time above this level since June 27.
The rally was driven by broad-based buying, lifting the index to a fresh four-month high.
Some profit booking emerged in the final hour of trade, trimming part of the gains.
Sectoral performance was strong, led by Auto (+1.27%), Consumer Durables (+1.53%), Bank, Financial Services, FMCG, Metal, and Realty indices.
Overall sentiment remained upbeat, reflecting widespread market optimism.
Sectoral Trends
Sector Name
% Change
Sector Name
% Change
NIFTY FMCG
2.0
NIFTY AUTO
1.3
NIFTY REALTY
1.9
NIFTY METAL
0.7
NIFTY CONSUMER DURABLES
1.5
NIFTY OIL & GAS
0.5
NIFTY PRIVATE BANK
1.5
NIFTY HEALTHCARE INDEX
0.4
Top News
HDFC Life Insurance fell nearly 5% to ₹726 after reporting a modest 3% year-on-year rise in Q2 FY26 net profit to ₹448 crore, which failed to impress investors.
Axis Bank surged over 4% as improved asset quality and strong deposit growth lifted sentiment, even though the lender reported a sharper-than-expected drop in quarterly profit.
KEC International edged up 0.5% after securing new orders worth over ₹2,200 crore for transmission and substation projects in Saudi Arabia, India, and the Middle East..
