Sensex Opens 416 Points Higher as Infosys and TCS Lead an IT Rally
The Sensex opened at 73,665.64 and the Nifty at 22,742.20 on Friday morning, with IT stocks gaining, while high crude oil prices and foreign selling kept investors cautious.
By Sham Rathi ·
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Indian share markets opened higher on Friday, 23 October 2026, helped by gains in IT stocks. The BSE Sensex rose 416.25 points (0.57%) at the opening bell to 73,665.64, and the NSE Nifty 50 opened 54.55 points up at 22,742.20.
IT stocks lead
Infosys led the Sensex gainers, up 3.21% in early trade, followed by TCS, L&T, HCL Tech and ICICI Bank. Tata Steel, Titan, IndiGo, Asian Paints and Bajaj Finserv were among the early losers. Small company shares were weaker, and more shares fell than rose on the NSE.
What investors are watching
- Crude oil: with US crude near $99 a barrel, market experts warned of higher import costs and inflation.
- Foreign investors: FIIs sold shares worth ₹3,458.70 crore on 22 October, while domestic institutions bought shares worth ₹2,891.32 crore.
- Gold and silver: gold fell to a three-month low, and silver was nearly 50% below its record high of early 2026.
- Global cues: most Asian markets were lower after a tech selloff on Wall Street.
Market levels change through the day. Check the closing figures before you make any investment decision.
Questions and answers
How did the Sensex open on 23 October 2026?
The Sensex opened 416.25 points (0.57%) higher at 73,665.64 on 23 October 2026.
How did the Nifty open on 23 October 2026?
The Nifty 50 opened 54.55 points higher at 22,742.20 on 23 October 2026.
Which stocks led the Sensex on 23 October 2026?
Infosys led the gainers, up 3.21% in early trade, along with TCS, L&T, HCL Tech and ICICI Bank.
Which stocks fell on the Sensex on 23 October 2026?
Tata Steel, Titan, IndiGo, Asian Paints and Bajaj Finserv were among the early losers.
How much did FIIs sell on 22 October 2026?
Foreign institutional investors sold shares worth ₹3,458.70 crore on 22 October 2026, while domestic institutional investors bought shares worth ₹2,891.32 crore.
Why are investors worried about crude oil in October 2026?
With US crude near $99 a barrel, experts warned that high oil prices could raise India's import costs and inflation.
