Sensex up 1,534 pts, Nifty at 22,997 as IT, auto, banks rally

The domestic share market rallied on Thursday supported by gains in IT, banking and auto stocks that lifted investor sentiment . At close, the Sensex was up 1,533.72 points or 2.11 percent at 74,315.61, and the Nifty was up 374.65 points or 1.66 percent at 22,997.35.
Tech Mahindra, ICICI Bank, Bharti Airtel, HCL Technologies, Reliance Industries were the top gainers on the Nifty, while losers included Nestle India, Trent, Adani Enterprises, Shriram Finance and L&T.On the sectoral front, auto, IT, Infra, Oil & Gas, Private Bank and Realty up more than 1-1.8%, while Media and PSU Bank indices down over 1% each.The broader markets underperformed the benchmark indices, with the Nifty Midcap index declining 0.5 percent and the Nifty Smallcap index falling 1.3 percent.
Rupee Close:
On 15 Oct'26, the Indian rupee extended its gains for the fifth consecutive session on Thursday, closing 10 paise higher at 95.05 against the US dollar compared with the previous close, according to agency reports.
Trading Guide:
Market experts recommended Lemon Tree Hotels, Greenply Industries, and Fine Organic Industries to buy on Thursday.

(Business Correspondent)