Sensex up 414 pts, Nifty above 23,100 led by IT, auto, metal stocks

The Indian share market extended their gains for a second straight session on Friday, led by continued strength in IT stocks, along with buying in auto, metal and PSU banking stocks.At close, the Sensex was up 413.66 points or 0.56 percent at 74,729.27, and the Nifty was up 148.80 points or 0.65 percent at 23,146.15.For the week, Nifty Midcap added 0.5 percent and Smallcap indices ended on flat note.
Tech Mahindra, TCS, Infosys, Bharti Airtel, M&M were the top gainers on the Nifty, while losers included Interglobe Aviation, BSE Limited, Max Healthcare, Tata Consumer, Jio Financial.On the sectoral front,except FMCG, oil & gas, Pharma, all other sectoral indices ended in the green with Information Technology, Metal, PSU Bank, Infra up 1-2 percent.The broader markets underperformed the benchmark indices, with the Nifty midcap and smallcap indices ended with marginal losses, according to agency reports.
Rupee Close:
On 16 Oct'26,the Indian rupee rises 4 paise to settle at 94.95 (provisional) against US dollar on Friday,marked a strong weekly advance supported by Reserve Bank of India (RBI) measures and a softer greenback.
Trading Guide:
Market experts recommended Aarti Industries, and Blue Star as the top stocks to buy on Friday.

(Business Correspondent)