Market snapshot
Nifty 5022,721.95+1.60%
Sensex73,033.78+1.54%
Bank Nifty55,481.05+1.03%
Previous close · 13 Oct 2026 · Nifty is trading at the 12th percentile of its range over the last 252 sessions.
Yesterday's session saw a robust rally in Indian equities, driven by positive sentiment around tax revisions. Government signals on reviewing the long-term capital gains tax and potential reductions in the Securities Transaction Tax (STT) fueled optimism. The IT sector, in particular, saw substantial gains, buoyed by HCL Technologies' strong quarterly results. Additionally, the finance sector received a boost with broad-based buying, despite foreign institutional investors turning net sellers.
The big story
Centre examining proposals to review LTCG tax on equities: Govt official
Government considers reviewing LTCG tax on equities.
News
Indian equities rose by 1.6% following Finance Minister Nirmala Sitharaman's remarks on the securities transaction tax, sparking hopes of a potential tax review.
Indian shares are set for a muted opening as rising oil prices and foreign outflows weigh on sentiment, despite previous gains driven by IT stocks and positive earnings.
Finance Minister Nirmala Sitharaman stated that investor interest in India extends beyond artificial intelligence, indicating a broader appeal for investment in the country.
Finance Minister Nirmala Sitharaman has expressed readiness to engage in discussions regarding the securities transaction tax, which has sparked speculation and lifted sentiment in the Indian stock market.
The Sensex and Nifty extended their gains for the third consecutive day, supported by easing volatility and positive market sentiment as the fear around West Asia conflict subsided.
RBI Governor Sanjay Malhotra emphasized the resilience and strong governance of the Indian banking sector, highlighting improved profitability and asset quality over the past decade.
McCain Foods has announced plans to acquire a frozen potato processing business in India, expanding its footprint in the country's food processing sector.
Stocks Updates
Capri Global Capital: allotted NCDs worth ₹160 crore, maturing in October 2036.
Bharat Electronics: received orders worth ₹533 crore since the last disclosure on September 17, 2026.
Azad Engineering: broacl consicleration or size of the order(s)/ corr kact(s); Approximately {52.68 crorc.
Power Grid Corporation of India: acquired Jam Khambhaliya REZ Transmission Limited for 100% control.
Power Grid Corporation of India: acquired Lakadia II Power Transmission Limited for 100% control.
Railtel Corporation Of India: received a ₹49 crore order from the Higher Education Department, Govt. of Odisha, to be executed by May 2027.
FII / DII activity
FIISold ₹1,305.13 Cr
DIIBought ₹2,439.24 Cr
FIIs sold ₹1,305.13 Cr, DIIs bought ₹2,439.24 Cr today.
Market breadth
Nifty 500
Advances367
Declines132
A/D ratio2.78
Broad participation across Nifty 500
Sector performance
12 NSE sector indices, previous close
IT+5.22%
Realty+2.46%
Fin Services+1.46%
PSU Bank+1.44%
FMCG+1.40%
Auto+1.23%
Metal+1.15%
Bank+1.03%
Infra+0.93%
Media+0.42%
Energy+0.33%
Pharma-0.01%
Leaders: IT, Realty · Laggards: Pharma, Energy
Top gainers and losers
Gainers
BANDHANBNK₹172.00+9.21%
HCLTECH₹1,326.00+8.42%
KPITTECH₹513.75+6.81%
TCS₹2,269.30+6.79%
SHRIRAMFIN₹988.00+6.31%
Losers
RBLBANK₹388.05-7.10%
ICICIPRULI₹447.00-3.54%
POWERINDIA₹30,250.00-3.32%
VEDL₹256.30-3.25%
MCX₹3,308.00-2.42%
Commodities & forex
🪙 Gold (10g)₹1,48,274.00-0.85%
🥈 Silver (1kg)₹2,18,850.00-1.81%
USD/INR95.78-1.03%
Global cues
S&P 5007,805.45-0.02%
Nasdaq27,204.38-0.15%
S&P 500 futures7,855.75-0.03%
Nasdaq futures30,791.50-0.35%
Nasdaq ended lower as declines in chipmakers weighed on the index, while investors digested bank earnings.
U.S. stocks saw gains as investor optimism in AI investments helped counter concerns over rising bond yields.
Wall Street banks reported a slowdown in deal-making due to market jitters, though they maintain a strong pipeline.
UnitedHealth's earnings exceeded Wall Street expectations, continuing its positive turnaround.
Federal Reserve's Williams suggested that rate hikes might not be necessary in 2027, contrasting with trader expectations.
Technical levels
Nifty support22,432.95 / 22,143.95
Nifty resistance22,866.45 / 23,010.95
Bank Nifty support54,960.75
Bank Nifty resistance55,776.55
Nifty is in bearish trend. Trading below 200 DMA suggests caution. Short-term trend is soft.
Corporate actions
Upcoming dividends
Vedanta
Interim dividend ₹5.00/sh · ex 14 Oct
Tata Consultancy Services
Interim dividend ₹12.00/sh · ex 14 Oct
Anand Rathi Wealth
Interim dividend ₹4.00/sh · ex 15 Oct
Earnings calendar
Bharat Heavy Electricals Limited2026-10-14
Canara Bank2026-10-14
CEAT Limited2026-10-14
Elecon Engineering Company Limited2026-10-14
Term of the day
Margin pledge
Margin pledge is the SEBI-compliant process of pledging securities specifically to meet trading margin needs.