Today’s Stock Market Closing, 9 Oct: Nifty, Sensex End 0.5% Higher; Metal Stocks Rise, TCS Q2FY26 Results: ₹11 Dividend Declared

On Thursday, October 9, Indian equity benchmark indices ended higher, with gains of nearly 0.5%. The Nifty opened on a positive note, following positive cues from Asian peers. As the day progressed, benchmarks gradually built on the earlier and ended the session near the day’s high.

At the close, the Nifty 50 rose 135.65 points, or 0.54%, to settle at 25,181.80, while the Sensex gained 398.45 points, or 0.49%, ending at 82,172.10. The Nifty Metal index emerged as the top performer, with most constituents finishing in the green, driven by a sharp rally in global base metal prices amid supply concerns.

The Nifty IT index advanced 1.12%, led by TCS, which gained 1.14% ahead of its Q2FY26 results. The IT index has now climbed 5.08% over the past five sessions. Meanwhile, the Nifty Financial Services index edged up 0.25%, recovering from the previous day’s losses.

Overall, all sectoral indices ended in the green, while broader markets outperformed, with both the Nifty Midcap and Nifty Smallcap indices closing on a strong note.

TCS Q2FY26 Result

Tata Consultancy Services (TCS) reported its consolidated Q2FY26 results for the quarter ending September 30, 2025, with revenue of ₹65,799 crore, up 3.7% QoQ and 0.8% in constant currency. International revenue grew 0.6% QoQ in constant currency, supported by broad-based growth across verticals, led by BFSI. 

Operating margin expanded 70 bps QoQ to 25.2%, while net income rose 8.4% YoY to ₹12,904 crore, with a net margin of 19.6%. Cash flow from operations stood at 110.1% of net income. Total contract value (TCV) for the quarter was $10 billion. 

The board declared a dividend of ₹11 per share, with a record date of October 15, 2025, and a payment date of November 4, 2025.

Stock-Specific Highlights

Among individual stocks,

• Lupin share price jumped over 2.5% on plans to set up a new pharma plant in the US and unveil a strategic partnership program to expand the reach of its Long-Acting Injectable Platform.
• Prestige Estate share price gains 4.66% on reporting 50% growth in Q2 sales.
• Senco Gold share price declined over 4% after posting 6.5% growth in total revenue for the September quarter, and says the ongoing quarter is poised to be the strongest for the jewellery industry amid major festivals.

Nifty Metal - Top Gaining Sector

The Nifty Metal index topped the chart with a surge of 2.17%, with 14 out of 15 constituents ending in positive territory. The metal index hits an all-time high, recording biggest intraday gains in the last month. 

Nifty 50: Top Pullers and Draggers of the Day

The key drivers of the index gains were:

• Reliance Industries: +13.43 points
• Infosys Ltd: +11.54 points
• Larsen & Toubro Ltd: +8.78 points

On the other hand, these stocks weighed on the index:

• HDFC Bank Ltd: -12.32 points
• Axis Bank Ltd: -7.80 points
• Titan Company Ltd: -1.94 points

Broader Markets Ended Positive

The broader market indices ended on a positive note on Thursday. The Mid-cap 100 index ended up by 0.97% and the Small-cap 100 closed up by 0.61%. 

Market Breadth

As of October 9, 2025, the market breadth was in favour of advancing stocks. Out of 3,191 stocks traded on the NSE, 1,600 advanced, 1,495 declined, and 96 remained unchanged. 

A total of 86 stocks touched their 52-week highs, while 90 hit their 52-week lows. Additionally, 105 stocks were locked in their upper circuits, whereas 65 stocks were in lower circuits. 

Disclaimer: The article is for informational purposes only and not investment advice.