Stock Market Today Live Updates: Dalal Street turns positive as BSE Sensex gains 400 points, NSE Nifty50 tops

Stock market today: BSE Sensex jumps over 350 points as tech stocks rally BSE Sensex rose 352.31 points, or 0.47%, to 74,667.92 on Friday, with IT stocks leading the gains. Tech Mahindra topped Sensex gainers, climbing 7.44% to Rs 1,771.40, followed by Infosys, which advanced 4.36% to Rs 1,159.40. TCS gained 3.51% to Rs 2,437.05, while Bharti Airtel rose 2.22% to Rs 1,893.10. Mahindra & Mahindra advanced 2.09% to Rs 2,911.55, while HCL Technologies gained 1.45% to Rs 1,383. Kotak Mahindra Bank rose 0.77% to Rs 452.30, Tata Steel added 0.62% to Rs 177.55 and Eternal gained 0.60% to Rs 326.30. HDFC Bank was up 0.45% at Rs 731.85, Titan gained 0.40% to Rs 4,467.90 and Bajaj Finance rose 0.14% to Rs 969.85. Maruti Suzuki advanced 0.13% to Rs 11,440.05, NTPC gained 0.11% to Rs 314.45, UltraTech Cement rose 0.06% to Rs 10,872 and Adani Ports edged up 0.04% to Rs 1,748.55..Stock market today: Dalal Street turns green, Sensex up 180 points, NSE Nifty50 nears 23,000 mark Equity benchmark indices turned positive after beginning the session in red. BSE Sensex was trading at 74,496.51, up 180.90 points or 0.24% while NSE Nifty50 also gained 56.20 points, or 0.24%, to trade at 22,958.75..Stock market today: Top gainers on BSE Sensex Tech Mahindra led the gainers on the BSE Sensex, rising 5.46% to Rs 1,738.70. Infosys followed with a gain of 3.73% to Rs 1,152.45, while Tata Consultancy Services (TCS) advanced 2.86% to Rs 2,421.85. Bharti Airtel climbed 1.33% to Rs 1,876.55. HCL Technologies edged up 0.37% to Rs 1,368.40, while Mahindra & Mahindra gained 0.25% to Rs 2,859. Titan rose 0.22% to Rs 4,459.70, and Eternal added 0.14% to Rs 324.80. HDFC Bank was also marginally higher, gaining 0.05% to Rs 728.95. IT stocks featured prominently among the top Sensex gainers, with Tech Mahindra, Infosys and TCS recording the strongest advances in the list..Stock market today: BSE Sensex opens in red, NSE Nifty50 remains below 23,000 Dalal Street opened in the red on Friday, with BSE Sensex falling 132.98 points, or 0.18%, to 74,182.63 and NSE Nifty50 slipping 25.65 points, or 0.11%, to 22,968.55. The decline followed a strong rally on Thursday, when the Sensex surged 2.11% and the Nifty gained 1.66%..Stock market today: Where are NSE Nifty and BSE Sensex headed on October 16? Dalal Street might be headed for a higher opening on Friday, with GIFT Nifty futures at 23,082. The reading indicated a positive start for the Nifty50, which had closed at 22,997.35 on Thursday. Dalal Street had staged a strong recovery in the previous session, with the Sensex surging 1,533.72 points, or 2.11%, and the Nifty50 gaining 374.65 points, or 1.66%. Both benchmarks recorded their biggest single-day gains in four months. The recovery was supported by a rebound in the global artificial intelligence trade and earnings-driven sentiment. A decline in US Treasury yields and changes to the derivatives closing-auction mechanism by the market regulator were also expected to support sentiment at the start of Friday's session..Stock market today: Sebi reverses closing auction plan for derivatives expiry after trader pushback The Securities and Exchange Board of India (Sebi) said that it would use volume-weighted average prices from the final 30 minutes of regular trading to settle expiring stock and index derivatives contracts. The decision reversed its earlier plan to use the closing auction session (CAS) following pushback from traders. The change came as Indian markets prepared to extend their recovery after the Sensex and Nifty50 posted their biggest single-day gains in four months. Jefferies said the revised approach should reduce expiry-day volatility under the closing-auction mechanism. The brokerage also said the move could benefit brokers whose order volumes remained below pre-CAS levels. The change to the settlement mechanism was among the developments expected to influence market sentiment..Stock market today: Crude prices ease as US considers easing restrictions on shadow fleet Oil prices edged lower on Friday as investors weighed rising tensions in the Middle East against the possibility of the US easing restrictions on ships carrying oil from sanctioned countries. Brent crude fell 0.52% to $105.40 a barrel, while West Texas Intermediate (WTI) declined 66 cents, or 0.67%, to $97.31. The dip followed a sharp rise in US crude prices during the previous session. WTI settled more than 3% higher on Thursday, supported by a significant reduction in US crude inventories. Brent, meanwhile, finished the session with little change. Despite Friday's decline, investors continued to assess developments that could affect oil supplies and shipping, including tensions in the Middle East and the possibility of changes to US sanctions policy..Stock market today: Asian stocks rebound as technology shares recover and bond yields ease Asian stocks rose around 1% in early trading on Friday, as buyers returned to the technology sector following Thursday's sell-off. A decline in bond yields also eased pressure on markets. The recovery came after concerns over stretched artificial intelligence valuations and higher US inflation weighed on major Asian markets. The regional rebound included gains in Japan, South Korea, Taiwan, Hong Kong and mainland China. Japan's Nikkei rose 1.67%, while South Korea's KOSPI advanced 2.91%. Taiwan's benchmark gained 1.06%, and Hong Kong's Hang Seng index rose 0.93%. China's Shanghai Composite added 0.54%, while the Shenzhen index climbed 0.37%. The broader recovery in Asian equities coincided with expectations of a positive opening for Indian markets, following the strong gains recorded by the Sensex and Nifty50 on Thursday..Stock market recap: BSE Sensex ends over 1,500 points higher, Nifty50 closes near 23,000 mark Equity markets closed sharply higher on Thursday, with Sensex and Nifty50 recording their biggest single-day gains in four months. BSE Sensex surged 1,533.72 points, or 2.11%, to settle at 74,315.61, while NSE Nifty50 advanced 374.65 points, or 1.66%, to close at 22,997.35. The gains came even as major Asian markets faced heavy selling pressure amid concerns over stretched valuations of artificial intelligence companies and higher US inflation. According to Vinod Nair, head of research at Geojit Investments, the global sell-off in technology-heavy markets improved India's relative appeal and encouraged buying in domestic large-cap technology stocks, private financial companies and defensive stocks.