IT earnings lift Nifty past 22,500; broader market stays split
HCL Technologies led the charge, surging 7.44 per cent to ₹1,314.00 from its previous close of ₹1,223.00 after its earnings announcement, emerging as the top Nifty gainer by a wide margin.
On Tuesday, midday trading saw benchmark indices hold firm, propelled by a surge in IT stocks following strong quarterly earnings. The Sensex rose 0.80 percent to 72,498.13, while the Nifty 50 climbed 0.81 percent to 22,544.30 as of 1:19 pm on October 13, 2026. HCL Technologies led the rally, up 7.44 percent at ₹1,314.00, the top Nifty gainer, while TCS and Tech Mahindra also posted gains of 5.86 percent and 4.33 percent respectively.
Infosys and Hindustan Unilever rounded out the top gainers, contributing to the IT sector's dominance. Despite this positive sectoral movement, the broader market remained split, with more stocks falling than advancing. The rupee continued its upward trend, with USD/INR trading near 95.265, down 0.52 percent. Geopolitical uncertainties, such as Iran’s military actions and Russia’s dismissal of President Donald Trump’s energy ceasefire, kept risk premiums alive.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
