Sensex Closes on Higher Note
2026-10-13 10:46
By
Luisa Carvalho
1 min. read
India's BSE Sensex gained further ground to close about 1.5% firmer at 73,034 on Tuesday, reversing the previous session's losses.
Strong gains in IT stocks and falling oil prices supported the rally, while sentiment also benefited from the Reserve Bank of India's (RBI) recent measures to ease pressure on the rupee.
Meanwhile, Finance Minister Nirmala Sitharaman kept the door open to capital gains tax changes amid foreign outflows and calls for a more competitive tax regime.
The IT sector led the gains, recording its strongest performance since May 2025, led by an 8.3% surge in software exporter HCLTech on better-than-expected earnings.
IT company TCS, which reported its quarterly earnings last week, also jumped 6.6%.
Tech Mahindra and Infosys rose 4.9% and 4.4%, respectively.
Other top gainers included Hindustan Unilever (+2.9%), Trent (+2.6%), Bajaj Finserv (+2.4%), and Bajaj Finance (+2.3%).
The only laggards were Kotak Mahindra Bank (-0.9%), Eternal (-0.6%) and Maruti (-0.6%).