Sensex jumps 373 points, Nifty rises 0.19 pc at open as IT stocks rally despite global tech sell-off
ANI News 1 hr ago·23 Oct 2026, 4:22 am
India's benchmark indices opened higher, with the Sensex gaining about 373 points and the Nifty up roughly 0.19%. The lift came mainly from a rally in information‑technology stocks, even as technology shares fell in overseas markets.
The move is notable because IT companies form a sizable chunk of both indices. Strong domestic earnings expectations and continued foreign fund interest helped offset the broader tech weakness, signalling that local fundamentals can still drive market sentiment.
Investors will be watching upcoming earnings reports from the sector’s major players, any new government or regulatory announcements, and developments in global tech markets that could influence the next trading session.
Excerpt from ANI News
ANI | Updated: Oct 23, 2026 09:52 IST Mumbai (Maharashtra) [India], October 23 (ANI): Indian equity benchmarks opened higher on Friday, with the Sensex rising 372.76 points, or 0.51 per cent, to 73,622.15 and the Nifty 50 gaining 43.75 points, or 0.19 per cent, to 22,731.40, as IT stocks led early gains at the time of…Read the original at ANI News
Key takeaways
- Category: Stocks.
- AI reads the tone as positive (potentially bullish) for the stock.
- Flagged as a high-impact, market-moving story.
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