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Stock Market Rallies: Sensex Surges 500 Points, Nifty Nears 22390 Amid Global Cues
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News18•09-10-2026, 09:36
Stock Market Rallies: Sensex Surges 500 Points, Nifty Nears 22390 Amid Global Cues
- •The Indian stock market traded in the green on October 9, with Sensex jumping 500 points and Nifty approaching the 22390 mark.
- •Gift Nifty traded 71 points higher at 22364, while crude oil prices slipped 0.74 percent to 103 dollars per barrel.
- •US bond yields declined to 5.23 percent, keeping investor focus on global cues and large-cap stock movements.
- •The IT sector remains in focus due to the US H-1B visa decision, OpenAI developments, and TCS quarterly results.
- •Nifty Bank continues to show strong performance, trying to maintain its gains throughout the week.
Key Questions Answered
Despite a US setback, the stock market thrived in the green with the Sensex jumping 500 points and the Nifty trading near the 22,390 level on October 9.
IT stocks were in focus due to US H-1B visa decisions, information regarding OpenAI, and TCS quarterly results that were largely in line with market expectations.
Crude oil prices declined by 0.74 percent to $103 per barrel, and US bond yields dropped to 5.23 percent amidst global market cues.
