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Stock Markets Rebound Sharply In Early Trade Led By IT Firms And Lower Crude Prices
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News18•15-10-2026, 10:15
Stock Markets Rebound Sharply In Early Trade Led By IT Firms And Lower Crude Prices
- •Benchmark indices Sensex and Nifty rebounded strongly in early trade on Thursday, driven by a rally in IT stocks and easing crude oil prices.
- •The 30-share BSE Sensex climbed 354 points to reach 73,157.43, while the NSE Nifty rose 96.15 points to 22,726.05.
- •Major winners included Tata Consultancy Services, Tech Mahindra, Infosys, ICICI Bank, Axis Bank, and Bharti Airtel.
- •Global markets experienced pressure as hotter-than-expected US inflation sparked concerns over potential Federal Reserve rate hikes, heavily impacting Asian markets like South Korea and Japan.
- •Experts note that corrections in global AI stocks could prompt Foreign Institutional Investors to halt selling Indian equities and potentially reverse the trend.
Key Questions Answered
Benchmark indices Sensex and Nifty rebounded sharply in early trade on Thursday, October 15, 2026, driven by a strong rally in IT stocks and easing crude oil prices.
A hotter-than-expected US inflation print rising from 3.4 percent in August to 3.7 percent in September increased expectations of an October Fed rate hike, triggering heavy selling in US markets, a 1.88 percent correction in the Nasdaq, and sharp drops in South Korea and Japan's indices.
The top winners among the 30 Sensex firms included Tata Consultancy Services, Tech Mahindra, Infosys, ICICI Bank, Axis Bank, and Bharti Airtel, while Bharat Electronics, Adani Ports, Trent, and Power Grid lagged behind.
