The Nifty 50 closed at 22,535.65, rising 1.37% on Friday, 09 October 2026. Strong TCS earnings and positive momentum across midcaps defined the session.
Market Overview
Indian equity markets concluded the trading session on Friday, 09 October 2026, with significant gains. The Nifty 50 settled at 22,535.65, marking a rise of +303.85 points or +1.37%. The Nifty Bank also saw strong participation, finishing at 55,237.95, up by +722.90 points or +1.33%.
Index Performance
| Index | Close | Change | Change % |
|---|---|---|---|
| Nifty 50 | 22535.65 | +303.85 | +1.37% |
| Nifty Bank | 55237.95 | +722.90 | +1.33% |
| NIFTY Midcap 100 | 58725.45 | +842.95 | +1.46% |
Corporate Developments
Tata Consultancy Services Ltd. (TCS) emerged as the top performer following its Q2 financial results. The company reported a 15% rise in consolidated net profit, with total income increasing by 11.79% to ₹74,525 crore. Meanwhile, ITC Ltd. saw active trading following news that GQG Partners divested a 2.91% stake in the company through deals worth ₹9,395.44 crore. Additionally, ITC Ltd. completed the acquisition of the remaining 52.5% stake in Sproutlife for ₹645 crore, making it a wholly owned subsidiary.
Top Movers
| Company | Close | Change % |
|---|---|---|
| Tata Consultancy Services Ltd. | 2171.5 | +4.60% |
| ITC Ltd. | 266.4 | +4.47% |
| Apollo Hospitals Enterprise Ltd. | 8008.5 | +4.47% |
| BSE Ltd. | 3285 | -1.49% |
| JSW Steel Ltd. | 1165.5 | -0.83% |
