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Sensex Jumps 550 Points And Nifty Reclaims 22500 On Value Buying
M
Moneycontrol•13-10-2026, 09:44
Sensex Jumps 550 Points And Nifty Reclaims 22500 On Value Buying
- •Benchmark indices Sensex and Nifty both gained 0.8 percent each on October 13 driven by value buying and other positive factors.
- •The Sensex traded up by 561.62 points at 72,486.30 while the Nifty rose 175.3 points to reach 22,538.65 during morning trade.
- •India VIX decreased by 3 percent to 14.82, signaling a reduction in market volatility and lower short-term selling pressure.
- •Analysts noted that Nifty needs to trade below the 22,300 mark for any significant further weakness to emerge in the markets.
Key Questions Answered
Benchmark indices Sensex and Nifty both gained 0.8% on October 13, with the Sensex rising over 550 points and the Nifty reclaiming the 22,500 level.
Key factors behind the market gain included value buying emerging at lower levels, a 3% decrease in the India VIX volatility gauge to 14.82, and technical market conditions.
Analysts noted that the Nifty needs to trade below the 22,300 level for further weakness to emerge in the markets.
