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Indian stock market recovers as IT stocks gain despite rising crude prices

yourstory.com (Tamil) — September 30, 2026 at 06:01 AM UTC

Indian stock markets recovered in morning trading on Wednesday, with the Sensex rising 190 points to 72,733.04 and the Nifty gaining 22 points to 22,735.20 at the open, driven by increased demand for IT stocks despite sustained crude oil price increases. IT company shares including TCS, Infosys, Tech Mahindra, and HCL Technologies saw gains, while Adani Ports, ITC, Asian Paints, and Bajaj Finserv declined. By 10:15 AM, the Sensex had climbed 319.18 points to 72,848.25 and the Nifty rose 39.05 points to 22,755.25. The recovery follows several days of sharp declines in Indian markets. US and Asian markets showed mixed trends, and the Indian rupee traded at 96.08 against the US dollar at market opening.

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