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Stock markets surge for 2nd day, Sensex jumps 862 points tracking rally in global peers
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....tock markets surge for 2nd day, Sensex jumps 862 points tracking rally in global peers<BR>PTI News<BR>Dated:- 16-10-2025<BR>PTI<BR>Mumbai, Oct 16 (PTI) Benchmark BSE Sensex jumped by 862.23 points while Nifty closed near the 25,600 mark on Thursday, following across-the-board buying by investors triggered by a global stocks rally and US Fed rate cut hopes. The 30-share BSE Sensex jumped 862.23 p....
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....oints or 1.04 per cent to settle at 83,467.66 with 28 of its constituents ending higher and two with losses. During the day, it zoomed 1,010.05 points or 1.22 per cent to 83,615.48. The 50-share NSE Nifty surged 261.75 points or 1.03 per cent to 25,585.30. Among Sensex firms, Kotak Mahindra Bank rose the most by 2.67 per cent. Titan, Axis Bank, Adani Ports, Mahindra & Mahindra, Reliance Indust....
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....ries, Tata Motors and HDFC Bank were among the major gainers. However, Eternal and Infosys were the laggards. "Indian equity markets extended gains on Thursday, with the Sensex rising nearly 900 points and the Nifty hitting a four-month high, supported by strong banking stocks and firm global cues. Optimism over a potential US Fed rate cut and the IMF’s upgraded India growth forecast (6.6% f....
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....or FY26) boosted sentiment," Gaurav Garg, Research Analyst Lemonn Markets Desk, said. The BSE smallcap gauge climbed 0.47 per cent and midcap index went up by 0.29 per cent. All sectoral indices ended higher. Realty surged the most by 1.87 per cent, followed by FMCG (1.74 per cent), consumer durables (1.51 per cent), bankex (1.27 per cent), auto (1.15 per cent), consumer discretionary (1.05 pe....
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....r cent) and commodities (0.76 per cent). As many as 2,377 stocks advanced while 1,810 declined and 147 remained unchanged on the BSE. In Asian markets, South Korea's Kospi jumped 2.49 per cent, Japan's Nikkei 225 index climbed 1.27 per cent, and Shanghai's SSE Composite index went up by 0.10 per cent. Hong Kong's Hang Seng ended lower. Markets in Europe were trading higher. US markets ended ....
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....mostly higher on Wednesday. "Domestic equities extended their strong recovery rally, buoyed by positive global cues and renewed optimism surrounding India–US trade discussions. Sentiment was further lifted by expectations of a Q3 FY26 demand revival, early signs of FII inflows, supported by dovish commentary from the US Fed, and a softer dollar index," Vinod Nair, Head of Research, Geojit Inve....
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....stments Limited, said. Commerce Secretary Rajesh Agrawal will join the Indian delegation in the US today for trade talks, with India indicating its readiness to step up energy imports from America. The Indian negotiating team is already in Washington for trade talks. Global oil benchmark Brent crude climbed 0.57 per cent to USD 62.26 a barrel. Foreign Institutional Investors (FIIs) bought eq....
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....uities worth Rs 68.64 crore on Wednesday, according to exchange data. Domestic Institutional Investors (DIIs) also bought equities worth Rs 4,650.08 crore. On Wednesday, the Sensex jumped 575.45 points or 0.70 per cent to settle at 82,605.43. The Nifty climbed 178.05 points or 0.71 per cent to 25,323.55. PTI SUM MR MR MR<BR> News - Press release - PIB....