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Nifty gained 0.44% WoW to 22,520.45, snapping its eight-week losing streak as IT and banking stocks led the recovery despite FII selling, elevated crude prices and global uncertainty. Full recap & outlook for October 12–16.
The Nifty 50 formed a strong bullish candle, remaining within the previous sessions trading range and signalling a recovery from the April 2026 low of 22,182. The index also snapped its eight-week losing streak and ended the week marginally higher, offering some relief after the recent decline.
Sensex rises 285 points and Nifty gains 114 points as TCS leads IT stocks higher. Brent crude stays above $100 amid US-Iran tensions and inflation risks.