Closing Bell: Nifty 50 Surges 1.40% as Tech Mahindra and ICICI Bank Lead Gains | 15 Oct 2026, 03:45 PM IST
Key Highlights
The Nifty 50 closed at 22,939.95, rising 317.25 points on Thursday, 15 October 2026. Strong gains in IT and banking stocks drove the market sentiment higher.
Market Overview
Indian equity markets finished the session on a strong note on Thursday, 15 October 2026. The settled at 22,939.95, marking a gain of +317.25 points or +1.40%. The Nifty Bank also closed in the green at 55,634.55, up +318.55 points or +0.58%. Conversely, the NIFTY Midcap 100 index faced pressure, ending at 59,117.10, down −292.00 points or −0.49%.
Top Performers and Laggards
Tech Mahindra Ltd. led the gains, rising +4.74% following its partnership with Google Cloud to expand agentic AI readiness. Hero MotoCorp Ltd. also performed well, gaining +3.24% after reporting a 12% growth in total sales for September 2026. ICICI Bank Ltd. added +3.18%. On the downside, Nestle India Ltd. saw a significant decline of −7.28%, while Adani Enterprises Ltd. fell −1.20%.
| Index | Close | Change | Change % |
|---|---|---|---|
| Nifty 50 | 22,939.95 | +317.25 | +1.40% |
| Nifty Bank | 55,634.55 | +318.55 | +0.58% |
| NIFTY Midcap 100 | 59,117.10 | −292.00 | −0.49% |
Institutional Activity
(FII) remained net sellers today, offloading ₹1,857.44 crore. (DII) acted as a support, recording a net purchase of ₹2,670.44 crore.
What to Watch
Investors will monitor the sustainability of the IT and banking rally heading into tomorrow’s session. Keep a close eye on the FII outflow trend as it continues to contrast with consistent DII buying.