Sensex Rises 483 Points, Nifty Closes at 22,753

What Happened on October 26

Indian stock markets closed higher on October 26, 2026, according to CNBC-TV18. The Sensex, one of India's two main benchmark indices, rose 483 points to end at 73,607. The Nifty 50, the other key benchmark, gained 153 points to close at 22,753. Both indices finished at their highest levels of the trading session. The Nifty Bank index, which tracks major banking stocks, recovered from an earlier flat performance to gain 79.33 points, closing at 54,367. The midcap index, which covers medium-sized companies, advanced 665 points to 56,465.

Key Movers and Results

Dr Reddy's Laboratories was the standout performer on the Nifty 50, rising nearly 7% after reporting strong second-quarter results and receiving a positive brokerage note from JP Morgan, the source says. IT stocks broadly rebounded: Coforge jumped nearly 5%, and Infosys ended over 1% higher despite missing analyst expectations in its second-quarter results. Aether Energy surged 14% after reporting strong second-quarter results and turning EBITDA-positive — meaning the company's earnings before interest, taxes, depreciation and amortisation moved into positive territory for the first time. ITC Hotels gained over 5%, with its net profit rising 52.3% year-on-year to 201 crore Indian rupees (one crore equals ten million). Capital market firm BSE gained 4% following a positive brokerage note. On the losing side, Shriram Finance fell nearly 5% after cutting its assets under management guidance, and AU Small Finance Bank and Dhanlaxmi Bank saw sharp declines following their own quarterly results. The Indian rupee weakened slightly, closing at 95.19 per US dollar compared with the previous close of 94.94, according to CNBC-TV18.

Broader Context

The session's recovery came despite a range of macro concerns flagged in the CNBC-TV18 coverage, including elevated global bond yields and ongoing tensions in West Asia. The report also noted that foreign selling in India may be nearing exhaustion, and that differentiated businesses could benefit once broader uncertainty eases. The IT sector's rebound is notable: Infosys, one of India's largest technology employers, posted second-quarter results that missed expectations yet still saw its shares edge higher, suggesting the market had already priced in some weakness.

Why It Matters for Job Seekers

• If you work in or are applying to India's IT sector, watch for Infosys's next quarterly results and any official guidance updates, as the company's hiring outlook often signals broader demand for technology talent across the industry.
• If you are tracking opportunities in financial services, note that AU Small Finance Bank and Dhanlaxmi Bank both fell sharply after their quarterly results; check their next earnings releases and any official announcements on headcount or expansion plans.
• If you follow pharmaceutical or healthcare hiring, Dr Reddy's strong second-quarter performance and the JP Morgan note are worth monitoring; the company's next results date and any regulatory filings may indicate whether growth — and hiring — continues.
• If you are a job seeker sensitive to currency moves, the rupee's slight weakening against the US dollar can affect the real value of salaries at multinational firms; watch the Reserve Bank of India's next policy statement for any signals on the currency outlook.

Audience note: This story covers Indian equity market movements on October 26, 2026, and is relevant to anyone tracking India's technology, financial services and pharmaceutical sectors for employment signals. This is a news summary, not investment advice.