The Nifty 50 settled at 22702.05 on Tuesday, 13 October 2026, gaining 1.51% as strong Q2 earnings from major IT firms fueled a broad-based market recovery.
Market Overview
The Indian equity markets witnessed a strong recovery on Tuesday, 13 October 2026. The Nifty 50 closed at 22702.05, marking a significant gain of +338.70 points or +1.51%. Similarly, the Nifty Bank index settled at 55465.65, up +547.65 points or +1.00%, while the NIFTY Midcap 100 concluded the day at 59364.75, rising +530.20 points or +0.90%.
Earnings Drive IT Sector Gains
The session was dominated by the technology sector, driven by robust quarterly performance reports. HCL Technologies Ltd. (HCLTECH) led the gains, surging +7.94% after reporting a 21% rise in Q2 consolidated net profit with total income reaching ₹35,854 crore. Tata Consultancy Services Ltd. (TCS) followed suit, climbing +6.45% following a 15% increase in Q2 consolidated net profit, with total income recorded at ₹74,525 crore. Infosys Ltd. (INFY) also saw positive momentum, rising +4.03%.
Market Performance Summary
| Index | Close | Change | % Change |
|---|---|---|---|
| Nifty 50 | 22702.05 | +338.70 | +1.51% |
| Nifty Bank | 55465.65 | +547.65 | +1.00% |
| NIFTY Midcap 100 | 59364.75 | +530.20 | +0.90% |
Institutional Activity
In the most recent trading sessions, Domestic Institutional Investors (DII) have remained net buyers, recording an inflow of ₹3,045.02 crore on 12 October 2026, while Foreign Institutional Investors (FII) were net sellers at ₹1,708.48 crore.
