Stock Market Highlights: Sensex logs 6th straight win, ends 130 pts up led by IT; Nifty at 25,891

Sensex Today | Stock Market Highlights, October 23: The IT index rose over 2% led by a 4% surge in Infosys after the promoters opted out from the company's share buyback programme.

3:46 PM

Stock Market LIVE Updates: Technical View

Stock Market LIVE Updates: The Nifty 50, after testing an intraday high of 26,104, settled near 25,950, still holding its bullish structure but showing early signs of exhaustion. Technically, the index continues to find firm support at 25,800, and a break below this zone could extend profit-taking toward 25,600, while resistance remains placed at 26,000–26,300. Option data indicates heavy Call writing at 26,200–26,300 and strong Put support near 25,700–25,800, suggesting that the index may consolidate within this range before a fresh breakout. 

- View by Ponmudi R, chief executive officer at Enrich Money

3:45 PM

Stock Market LIVE Updates: Fundamental View

Stock Market LIVE Updates: The market rose sharply in the first half on optimism over a potential India–US trade deal but surrendered most of its gains toward the close, weighed down by a sharp decline in Reliance Industries after the company announced plans to recalibrate Russian oil imports following US sanctions on crude majors Rosneft PJSC and Lukoil PJSC. The US sanctions on Russian oil majors also raised concerns that India may have to curtail purchases of discounted Russian crude and turn to costlier alternatives, potentially straining the import bill and inflation outlook. 

 

Overall, today’s mild fall from the top was driven more by technical fatigue and external factors than by any domestic weakness. The market remains fundamentally strong, backed by steady domestic and foreign  inflows, stable inflation, and optimism over India–US trade talks. Going ahead, some short-term consolidation or sideways movement is likely as traders await clarity from global data. As long as the Nifty holds above 25,800 and Bank Nifty sustains above 58,000, the broader market bias remains positive, with potential for renewed upside once volatility stabilizes.

 

The IT sector stole the limelight in today’s session, led by a sharp rally in Infosys after its promoters and promoter group chose to stay out of the ₹18,000-crore share buyback — a move widely seen as a strong vote of confidence in the company’s long-term growth prospects. Infosys shares surged nearly 4 per cent, lifting overall sentiment across the technology space. The positive momentum spilled over to other IT counters, which gained between 1–3 per cent, reaffirming renewed investor optimism toward the sector.  

- View by Ponmudi R, chief executive officer at Enrich Money

3:38 PM

Stock Market LIVE Updates: Sectoral indices show mixed trends

Stock Market LIVE Updates: On the sectoral front, Nifty IT index rose 2.2 per cent, followed by Private Bank, FMCG, Media, Metal, and Realty. On the other hand, Nifty Oil & Gas, Healthcare, Pharma, and Auto.

3:36 PM

Stock Market LIVE Updates: Sensex heatmap

Stock Market LIVE Updates: Among the Sensex constituents, Infosys, HCL Tech, TCS, Axis Bank, Kotak Bank, and Titan were the top gainers. Eternal, Utratech Cement, Bharti Airtel, ICICI Bank, Adani Ports, and Reliance were the top laggards.

3:34 PM

Stock Market LIVE Updates: A glance at broader market

Stock Market LIVE Updates: In the broader markets, the NSE Nifty Midcap 100 and the NSE SmallCap 100 index settled almost flat with a negative bias.

3:33 PM

Stock Market LIVE Updates: Sensex closes in green

Stock Market LIVE Updates: The BSE Sensex rose 130 points or 0.15 per cent to settle at 84,556.4.

3:32 PM

Stock Market LIVE Updates: Nifty settles at 25,891

Stock Market LIVE Updates: The NSE Nifty50 settled at 25,891.4, up by 22.8 points or 0.09 per cent.

3:21 PM

Stock Market LIVE Updates: Geojit Financial falls 3% after weak Q2 results

Stock Market LIVE Updates: Shares of Kerala-based investment services company Geojit Financial Services fell nearly 3 per cent to an intraday low of ₹75.3 on the NSE after the company reported a disappointing set of numbers for the July-September quarter of fiscal

2025-26.

 

The company's net profit declined by 59 per cent to ₹23.47 crore in Q2FY26 when compared to ₹57.42 crore in the year-ago period. READ MORE

3:09 PM

Stock Market LIVE Updates: Recalibrating Russian oil imports, will fully comply: RIL

Stock Market LIVE Updates: Reliance Industries Ltd (RIL), one of India's top importers of Russian crude, on Thursday said it is "recalibrating" its Russian oil imports and will fully comply with the government's guidelines, according to a report by Reuters.

According to the report, several Indian refiners are planning to trim Russian oil imports amid growing scrutiny from Western nations, particularly the United States. READ MORE

2:59 PM

Stock Market LIVE Updates: Bondada Engineering hits 10% upper limit on winning new order

Stock Market LIVE Updates: Bondada Engineering in an exchange filing said it received a Letter of Intent (LOI) from Adani Group firm - Adani Green Energy.

"The scope of work for the supply of Goods for the Balance of System (BOS) and Installation for the 650 MW Solar Power Project", the company said in the BSE filing.

Meanwhile, Bondada Engineering stock was locked at the 10 per cent upper circuit at ₹463 on trades of over 9 lakh shares on the BSE.

 

 

2:47 PM

Stock Market LIVE Updates: Hyundai Motor India names Sunil Moolchandani as national sales head

Stock Market LIVE Updates: Hyundai Motor India on Thursday announced the appointment of Sunil Moolchandani as its Function Head - National Sales.

 

As per a regulatory filing by the company, Moolchandani previously served as the Chief Commercial Officer (Central Zone) at Maruti Suzuki India Ltd. He has over 24 years of experience in the automotive and commercial sectors. READ MORE

2:36 PM

Stock Market LIVE Updates: Vardhman Textiles soars 11% after Q2 results beat

Stock Market LIVE Updates: Shares of integrated textile manufacturer Vardhman Textiles surged over 11 per cent to hit an intraday high of ₹454.25 on the NSE after the company reported strong operating performance in the September 2025 quarter (Q2FY26). READ MORE

2:24 PM

Stock Market LIVE Updates: D-St off day's high; Nifty dips below 26k

Stock Market LIVE Updates: In a volatile session, the benchmark Nifty and Sensex are trading off their day's highs. Nifty fell below the 26,000 mark, while the Sensex was up 312.41 pts at 84,727.41. 

 

 

2:12 PM

Stock Market LIVE Updates: EU imposes new sanctions on Russian energy

Stock Market LIVE Updates: The European Union adopted a new package of sanctions targeting Russia’s energy infrastructure, according to a Bloomberg report, joining a new US push to chip away at Moscow’s ability to wage its war against Ukraine. READ MORE

2:01 PM

Stock Market LIVE Updates: 2 PM market update

Stock Market LIVE Updates: At 2 PM, Sensex rose 469.42 points or 0.53 per cent at 84,903.14 and Nifty50 quoted 26,010.05, up 141.45 points or 0.55 per cent.