Market Highlights: Nifty 50 Gains 140 Points as IT Stocks Lead Mid-Session Market Rally Today | 16 Oct 2026, 02:00 PM IST
Key Highlights
As of Friday, 16 October 2026, intraday, the Nifty 50 trades at 23137.00, climbing 0.61% as technology sector stocks drive the market momentum higher today.
Market Snapshot
As of Friday, 16 October 2026, intraday, the Indian equity markets show positive momentum. The is trading at 23137.00, up +0.61%. The Nifty Bank remains relatively flat, hovering near 55869.75 with a gain of +0.11%, while the Nifty Midcap 100 trades at 59224.70, up +0.05%.
| Index | Current | Change % |
|---|---|---|
| Nifty 50 | 23137.00 | +0.61% |
| Nifty Bank | 55869.75 | +0.11% |
| Nifty Midcap 100 | 59224.70 | +0.05% |
Top Movers
Tech Mahindra leads the gainers with a surge of +7.58%, followed by TCS and Infosys. Conversely, Interglobe Aviation faces pressure, falling −2.60%.
| Stock | Price | Change % |
|---|---|---|
| Tech Mahindra | 1775.1 | +7.58% |
| TCS | 2449.7 | +4.24% |
| Infosys | 1150.7 | +3.67% |
| Interglobe Aviation | 4654 | −2.60% |
| Max Healthcare | 843.2 | −1.72% |
Institutional Flows
Data from the previous session on 15 October 2026 shows FIIs were net sellers at −5,285.37 cr, while DIIs provided support with net buying of +3,319.39 cr. Market sentiment remains cautiously optimistic as investors track sectoral rotations throughout the afternoon session.