📷 Image: Wikimedia Commons / Niyantha Shekhar
Business
Sensex Surges Over 650 Points, Nifty Breaks 23,000 Mark
✍️ Punjab Newsline
🗓 22 Oct 2026, 04:35 AM
👁 12
The BSE Sensex leapt more than 650 points to close above 20,000, while the NSE Nifty crossed the 23,000 threshold, marking a strong start to the trading day.
On Tuesday, the BSE Sensex surged over 650 points, closing above the 20,000 mark, while the NSE Nifty crossed the 23,000 threshold, reflecting a buoyant market mood.
The rally was led by gains in the information technology, pharmaceutical and banking sectors, with IT stocks posting double‑digit gains and banks adding 1.5% to their indices.
Global cues, including a softer US Treasury yield curve and positive earnings reports from major Indian corporates, helped lift investor sentiment, while the Reserve Bank of India’s recent policy statement was seen as supportive.
By the close, the Sensex stood at 20,123 points, up 650.5 points, and the Nifty finished at 23,045, up 200.3 points.
The rally was led by gains in the information technology, pharmaceutical and banking sectors, with IT stocks posting double‑digit gains and banks adding 1.5% to their indices.
Global cues, including a softer US Treasury yield curve and positive earnings reports from major Indian corporates, helped lift investor sentiment, while the Reserve Bank of India’s recent policy statement was seen as supportive.
By the close, the Sensex stood at 20,123 points, up 650.5 points, and the Nifty finished at 23,045, up 200.3 points.