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Stock Markets Rebound In Early Trade Led By IT Firms And HDFC Bank
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News18•13-10-2026, 10:00
Stock Markets Rebound In Early Trade Led By IT Firms And HDFC Bank
- •Benchmark indices Sensex and Nifty rebounded in early trade following a rally in blue-chip HDFC Bank and IT stocks.
- •The 30-share BSE Sensex climbed 305 points to 72,224.15 while the NSE Nifty gained 93.40 points to 22,458.50.
- •HCL Tech jumped nearly 5 percent after reporting a 21.18 percent rise in consolidated net profit for the July-September quarter.
- •Other major winners included Tata Consultancy Services, Tech Mahindra, Infosys, and Trent.
- •Foreign Institutional Investors offloaded equities worth Rs 1,708.48 crore on the previous day.
Key Questions Answered
HCL Tech shares jumped nearly 5 percent after the IT firm reported a 21.18 percent rise in consolidated net profit to Rs 5,132 crore for the July-September quarter of FY27, driven by higher margins from its advanced AI operations and a lower tax outgo.
The 30-share BSE Sensex climbed 305 points to reach 72,224.15, while the 50-share NSE Nifty increased by 93.40 points to hit 22,458.50 in early trade.
Foreign Institutional Investors offloaded equities worth Rs 1,708.48 crore on Monday, according to exchange data.
