Stock Market Today Live Updates
Stock Market Today: Nifty Climbs Back Above 22,500 as IT Stocks Take the Lead
- Updated on:October 13, 2026
Stock Market Live Update
Indian equities had a firm session on 13 October 2026. The Nifty 50 pushed back above 22,500, and the Sensex gained roughly 550 points. The strength came mostly from one corner of the market: information technology. A strong earnings report from HCL Technologies set off a broad rally in IT shares, while several other sectors, including capital goods and healthcare, ended on the wrong side of the tape. It was a rally with a clear leader and a lot of stocks left behind.
Stock Market Snapshot
| Index | Level | Change | % Change |
|---|---|---|---|
| Nifty 50 | 22,530.40 | +167.05 | +0.75% |
| BSE Sensex | 72,472.64 | +547.96 | +0.76% |
| Nifty Bank | 55,029.80 | +111.80 | +0.20% |
| Nifty IT | 29,543.05 | +1,193.45 | +4.21% |
| Nifty Auto | 25,186.10 | +101.70 | +0.41% |
The Nifty’s gain is a welcome change in tone. Last week’s rise ended an eight-week losing streak, and today’s move kept that recovery going. Even so, the index is still roughly 15% below its January peak of about 26,370, so this is a rebound inside a weak year, not a clean breakout.
What Moved the Stock Market Today?
1. HCL Tech's earnings lit up the IT pack
The biggest driver was HCL Technologies' second-quarter report, which analysts described as strong, with AI-related business gaining traction. The stock jumped more than 7%, and the rest of the sector followed. TCS gained about 5.9%, Infosys about 2.8%, Tech Mahindra over 4% and KPIT Technologies about 6.5%. Together they pushed Nifty IT up by more than 4%, which did most of the work in lifting the headline index.
2. A calmer volatility reading
India VIX, the market's fear gauge, eased by about 6%. A falling VIX usually means traders are paying less for downside protection, which helps explain why dip-buying looked more confident than in recent weeks.
3. A narrow rally, not a broad one
On the NSE, roughly 1,349 stocks advanced while about 1,855 declined. More stocks fell than rose even as the index went up, so the gains were concentrated in large IT names.
Key Market Developments
A global AI selloff weighed on tech-adjacent stocks.
Economic Times Markets reported that remarks from Broadcom's CEO helped trigger a sharp selloff in AI-linked shares globally. In India, smaller AI-themed names such as E2E Networks and Hitachi Energy India slipped by as much as 5%, even as the large-cap IT firms rallied.
Bandhan Bank surged.
The stock rose about 7% after reports that Abu Dhabi's International Holding Company (IHC) was exploring a stake purchase from the bank's promoter group. It was among the top gainers in the F&O segment.
RBL Bank slid.
The lender fell roughly 7.6% following its Q2 results and was one of the most actively traded stocks by value.
Polycab dropped.
The cable maker fell as much as 5% after the NSE said it would exclude the company from the futures and options segment.
The rupee recovered.
Economic Times Markets also covered the rupee's comeback and the steps the RBI is reportedly taking to support it, which added to the calmer tone in the afternoon.
Stocks and Sectors in Focus
| Sector / Stock | Move | What stood out |
|---|---|---|
| Nifty IT | +4.2% | HCL Tech's results triggered a sector-wide rally. |
| BSE FMCG | +0.8% | Defensive buying added support. |
| BSE Metals | +0.6% | Modest gains in a mixed market. |
| Nifty Auto | +0.4% | Steady, with no standout move. |
| Nifty Bank | +0.2% | Marginal gains. |
| BSE Healthcare | -0.9% | Selling pressure through the session. |
| BSE Capital Goods | -0.9% | Weakest of the major sector indices. |
Leadership came from IT, while capital goods and healthcare held the market back.
Technical Market Insight
| Index | Support | Resistance | Observation |
|---|---|---|---|
| Nifty 50 | 22,500 / 22,000 | 22,650 / 23,000 | Reclaimed 22,500, a level it had lost recently. A sustained hold above it keeps the recovery intact. |
| Nifty Bank | 55,000 (psychological) | To be confirmed from chart data | Trading near 55,000 with modest gains, lagging the broader index. |
For the Nifty, 22,500 is now the line to watch. The 2026 intraday low sits near 22,183, so 22,000 is the broader floor if the index loses ground. On the upside, 22,650 is the first hurdle and 23,000 the next round-number test.
What Traders Should Watch Next
- Whether IT leadership broadens. The rally needs support from banks and industrials to be convincing. Watch whether breadth improves from today’s negative reading.
- More Q2 earnings. TCS goes ex-dividend on 14 October, and more results are due through the week.
- IPO activity. HD Fire Protect, Ravita Engineering and Vaibhav Vyapaar open for subscription from 13 October, and Tonbo Imaging’s issue opens on 15 October.
- Global cues. The AI selloff, US bond yields and crude oil prices could swing sentiment quickly.
Trading Concept: Support and Resistance
Support and resistance are price zones where buyers or sellers have repeatedly stepped in. Support is where falling prices tend to find buyers. Resistance is where rising prices tend to meet sellers. Today’s Nifty is a good example: the 22,500 mark had been lost recently, and the index’s ability to reclaim it matters because traders watch that kind of level closely. A close above it is a stronger signal than a brief intraday poke through.
Reading these zones well takes practice with price action and volume. At Delhi Trading Academy, this is a core part of how we teach risk management. If you want structured, hands-on training, you can explore our stock market course in Delhi.
Frequently Asked Questions
Where did the Nifty 50 trade on 13 October 2026?
The Nifty 50 was around 22,530, up about 167 points (0.75%) in the afternoon session, putting it back above 22,500.
What drove the market higher today?
Mainly a strong rally in IT stocks after HCL Tech’s Q2 results, along with a lower India VIX. The gains were narrow, with more stocks falling than rising.
Which stocks were in focus?
HCL Tech, TCS, Infosys, Bandhan Bank, RBL Bank and Polycab all saw notable moves.
What Nifty levels matter next?
Support is around 22,500 and 22,000, while resistance is near 22,650 and 23,000.
Disclaimer: This article is published for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Market conditions can change rapidly. Readers should conduct their own research and consult a SEBI-registered investment professional where appropriate.
Recent Posts
- Blogs
- News
Tired of reading market news but never knowing what to do with it?
Learn to turn headlines, charts and FII data into clear, structured decisions.
Recent Posts
Know a friend who wants to learn trading but doesn't know where to begin?
Refer them to Delhi Trading Academy and earn rewards when they enroll.
Real Success Stories
See how Delhi Trading Academy has helped students become confident traders and investors.
Discover How We Teach Before You Commit
Book your 15-minute call and get a no-obligation quote. We provide personalized course recommendations according to your goals, experience, and schedule.