BSE Sensex closes 1.5 percent higher on IT rally
Published on 10/13/2026 at 13:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS- BSE Sensex closed at 73,034 points on October 13, up 1,109 points or 1.5 percent.
- HCLTech's quarterly profit rose 21.2 percent year over year to INR 51.32 billion.
- HCL Technologies led the Sensex gainers with an 8.3 percent rise.
- About 25 Indian companies are scheduled to release quarterly results on October 14, 2026.
The BSE Sensex closed at 73,033.78 points on October 13, gaining 1,109.10 points or 1.5 percent. Information technology shares led the rebound after strong quarterly results from HCL Technologies.
HCL Technologies rose 8.3 percent, the strongest Sensex gainer. Its September-quarter profit increased 21.2 percent year over year to INR 51.32 billion, while revenue rose 11.5 percent to INR 356.20 billion, HDFC Sky reported.
Why did the BSE Sensex rise on October 13?
The rally followed HCLTech's earnings and spread across large technology companies. The Nifty IT index gained 5.2 percent, while technology shares also benefited from renewed buying after recent weakness, India Today said.
Finance Minister Nirmala Sitharaman's comments on long-term capital-gains tax and securities transaction tax also improved sentiment. The market recovered despite elevated crude prices and a cautious global backdrop, Economic Times reported.
Winners and losers in the BSE Sensex
At the 3:30 p.m. IST snapshot, HDFC Sky listed these Sensex movers:
- HCL Technologies up 7.9 percent: quarterly earnings lifted the stock.
- Tata Consultancy Services up 6.5 percent: IT buying supported the shares.
- Tech Mahindra up 4.6 percent: the technology-sector rally continued.
- Kotak Mahindra Bank down 1.0 percent: it lagged the broader rebound.
- Eternal down 0.8 percent: the stock moved against the market.
- Maruti Suzuki down 0.5 percent: auto shares underperformed the rally.
Market breadth was positive, with 2,303 shares advancing and 1,711 declining. Most sectoral indexes gained, while energy and pharmaceuticals lagged, HDFC Sky said.
What comes next for the BSE Sensex?
- October 14, 2026: Around 25 Indian companies are scheduled to release second-quarter results, including BHEL, Canara Bank and Tata Technologies, Economic Times reported.
- October 14, 2026: Investors will assess whether the technology rally extends beyond HCLTech, TCS and other large IT stocks.
