Nifty Today (13 Oct) | Nifty IT Jumps 2.22% as Sensex and Nifty Gain

India's benchmark stock indices rose 0.25% in early trade on October 13, 2026, as information technology stocks led the gains. The Nifty 50 added 56.60 points to reach 22,419.95, while the Sensex climbed to 72,107.34.

The Nifty IT index was the strongest performing major sectoral index, rising 2.22% to 28,978.15. Gains in HCLTech and Tata Consultancy Services (TCS) supported the sector, while losses in energy, media and pharmaceutical stocks limited the broader market's advance.

Investors were also tracking the rupee, inflation data, foreign investor flows and commodity prices. India's September retail inflation rose to 5.54%, while Brent crude traded near $106 per barrel, keeping concerns about import costs and price pressures in focus.

Nifty IT leads sectoral gains

Information technology stocks drove the early market advance, with HCLTech and TCS among the leading Nifty 50 gainers. HCLTech shares rose 4.39%, while TCS gained 4.21%. Tech Mahindra advanced 2.08% and Infosys rose 1.64%.

The gains followed positive earnings momentum, stronger demand for artificial intelligence services and deal wins. HCLTech's improved margins and record quarterly bookings supported sentiment. Its new partnership with Anthropic also added to the positive mood around the stock. TCS extended its gains following its recent results.

The performance of IT stocks helped lift the benchmark indices despite weakness in several other sectors. However, the early gains did not extend across the market, as energy and pharmaceutical stocks traded lower.

Sectoral indices show mixed performance

The sectoral picture remained uneven on October 13, with IT stocks leading gains while energy, media and pharma recorded losses. Realty and financial services managed modest advances.

Index or sector	Change	Level
Nifty 50	+0.25%	22,419.95
Sensex	+0.25%	72,107.34
Nifty IT	+2.22%	28,978.15
Energy	−0.86%	Not provided
Media	−0.84%	Not provided
Pharma	−0.78%	Not provided
Realty	+0.28%	Not provided
Financial services	+0.17%	Not provided

The contrast between IT and other sectors suggests that the early advance was concentrated in technology shares. Energy stocks faced pressure as crude oil prices remained high, while pharmaceutical stocks also traded lower. The available market update did not identify a confirmed fresh company specific trigger for every sectoral move.

HCLTech and TCS lead Nifty 50 gainers

HCLTech recorded the largest gain among the leading stocks highlighted in the morning market update, followed by TCS. The gains came amid expectations of continued demand for technology services and artificial intelligence related work.

The early performance of the two IT companies also fits into a broader pattern of market participants tracking quarterly results for signs of business growth, deal momentum and margin stability. HCLTech's reported margin improvement and record bookings provided additional support, while TCS benefited from positive sentiment following its recent earnings announcement.

On the losing side, Max Healthcare fell 1.58% and NTPC dropped 1.08%. Max Healthcare faced pressure amid concerns about possible regulation of medicine mark ups at private hospitals. NTPC shares fell without a clearly confirmed fresh company specific trigger in the available update.

Investors following the latest Indian stock market movements can compare the early gains with broader index performance to assess whether buying interest is spreading beyond a small group of stocks.

Rupee trades at Rs 95.39 per dollar

The Indian rupee traded at Rs 95.39 against the US dollar. Measures taken by the Reserve Bank of India to reduce dollar demand and stabilise the currency were cited as support for the rupee.

Currency movements matter for Indian markets because a weaker rupee can raise the domestic cost of imported goods, including crude oil. It can also affect companies with significant foreign currency revenues or expenses. The effect varies by business, depending on its import needs, export earnings and currency exposure.

The rupee's level remained an important point for market participants as crude oil prices stayed elevated. A combination of expensive energy imports and currency pressure can increase costs for businesses and complicate the outlook for inflation.

Foreign and domestic investor flows

Foreign institutional investors (FIIs) sold Indian equities worth Rs 1,708 crore on October 12. Domestic institutional investors (DIIs), meanwhile, purchased shares worth Rs 3,045 crore.

Investor category	Activity on October 12
Foreign institutional investors	Rs 1,708 crore net selling
Domestic institutional investors	Rs 3,045 crore net buying

The figures show a difference between foreign and domestic institutional activity. Domestic purchases were larger than the reported foreign sales, providing a potential source of support for Indian equities.

However, a single day's flows do not establish a lasting market trend. Investors will need to watch whether foreign selling continues and whether domestic institutions maintain their buying activity. The direction of these flows can influence demand for shares, particularly when global conditions create uncertainty around emerging markets.

Inflation and crude oil keep pressure in focus

India's retail inflation rose to 5.54% in September from 4.83% in August. The increase raised concerns about the Reserve Bank of India's interest rate outlook, although the supplied figures do not confirm that another rate hike will take place.

Higher inflation can affect household purchasing power and business costs. It can also influence expectations for monetary policy because central banks consider price stability when setting interest rates. Any change in the policy outlook may affect borrowing costs, consumer demand and valuations across market sectors.

Brent crude remained near $106 per barrel. For India, which relies on imported crude oil, elevated prices can increase the import bill and put pressure on the rupee. Higher energy costs can also feed into transport, manufacturing and other business expenses.

These factors create a mixed backdrop for equities. Strong technology shares supported the market in early trade, but inflation, oil prices and currency movements remained potential sources of uncertainty.

Gold and silver prices fall

Precious metals also moved lower during the morning update. Gold slipped to Rs 1,49,750 per 10 grams, while silver fell to Rs 2,22,580 per kilogram.

Commodity	Reported price
Gold	Rs 1,49,750 per 10 grams
Silver	Rs 2,22,580 per kg
Brent crude	Near $106 per barrel

The figures show that gold and silver were weaker even as benchmark equity indices advanced. The available information does not establish a specific cause for the decline in precious metals, so the movement should not be attributed to a particular currency, interest rate or global demand factor without further evidence.

For households and businesses, commodity prices remain relevant through different channels. Gold and silver prices affect jewellery costs and investment values, while crude oil influences fuel prices, transport expenses and the country's import bill.

Overnight money market records Rs 7.22 lakh crore in transactions

India's overnight money market recorded transactions worth Rs 7.22 lakh crore on October 12, with a weighted average interest rate of 5.35%, based on Reserve Bank of India data.

Triparty repo accounted for Rs 5.14 lakh crore, followed by market repo transactions worth Rs 1.85 lakh crore. Call money transactions totalled Rs 16,197.76 crore, with an average interest rate of 5.41%.

Money market segment	Transaction value or rate
Total overnight transactions	Rs 7.22 lakh crore
Triparty repo	Rs 5.14 lakh crore
Market repo	Rs 1.85 lakh crore
Call money transactions	Rs 16,197.76 crore
Weighted average overnight rate	5.35%
Average call money rate	5.41%

These figures provide a snapshot of short term funding activity in the banking system. The overnight rate reflects the cost of borrowing funds for a very short period, while repo transactions involve borrowing against securities. The figures alone do not indicate a change in the RBI's policy rate.

Market analysis: what investors should watch

The early market advance on October 13 was driven mainly by IT stocks, while other sectors recorded mixed moves. The next signals will come from the breadth of the rally, corporate earnings and changes in macroeconomic conditions.

Market participants will be watching:

• Whether HCLTech, TCS and other IT stocks sustain their gains.
• Whether foreign institutional selling continues after the October 12 outflow.
• How the rupee responds to RBI measures and dollar demand.
• Whether crude oil remains near $106 per barrel and adds to import cost pressures.
• How September inflation affects expectations for future RBI interest rate decisions.

Readers can also compare the session with previous Sensex and Nifty market rallies to distinguish a broad based rise from a move concentrated in a few sectors.

The next market direction will depend on whether gains spread beyond technology shares and how investors respond to inflation, currency movements, institutional flows and company earnings.

Frequently asked questions

Why did the Sensex and Nifty rise on October 13, 2026?

The Sensex and Nifty 50 rose 0.25% in early trade on October 13, 2026, as IT stocks led the advance. The Nifty IT index gained 2.22%, supported by HCLTech, TCS, Tech Mahindra and Infosys.

What was the Nifty 50 level on October 13, 2026?

The Nifty 50 stood at 22,419.95 after gaining 56.60 points, or 0.25%, in early trade. The Sensex also rose 0.25% to 72,107.34.

Which IT stocks led the market gains?

HCLTech gained 4.39% and TCS rose 4.21% among the leading gainers highlighted in the morning update. Tech Mahindra advanced 2.08%, while Infosys gained 1.64%.

Why are inflation and crude oil prices important for Indian markets?

India's September retail inflation rose to 5.54% from 4.83% in August, while Brent crude traded near $106 per barrel. Higher inflation may affect interest rate expectations, and expensive crude can increase India's import costs and put pressure on the rupee.

What were the FII and DII flows on October 12?

Foreign institutional investors sold Indian equities worth Rs 1,708 crore on October 12, while domestic institutional investors bought shares worth Rs 3,045 crore. These figures show contrasting activity between foreign and domestic institutions for that session.

What were the gold and silver prices in the market update?

Gold traded at Rs 1,49,750 per 10 grams, while silver stood at Rs 2,22,580 per kilogram. Brent crude remained near $106 per barrel.