On Tuesday, October 13, the Indian equity market opened higher, with the NSE’s NIFTY50 climbing 183.6 points to 22,546.95, a 0.82% rise, while the S&P BSE SENSEX advanced 592.18 points to 72,516.86, also a 0.82% gain. The rally was driven by strong performance in the IT and FMCG sectors, as investors reacted to mixed global cues and the robust earnings of HCL Technologies in the September quarter of FY27. Crude oil prices (Brent) hovered between $105 and $106 per barrel amid concerns over supply chain disruptions following recent missile attacks in Saudi Arabia.

HCL Technologies posted broadly in‑line Q2 FY27 results, underscoring resilience in its services business despite growth concerns. The company’s performance, coupled with TCS’s Q2 FY27 results that were slightly ahead of expectations, reassured investors about the sector’s stability. The NIFTY IT index surged as much as 4.9% to 29,738.80, with all ten constituents trading in positive territory. This IT rally contributed significantly to the overall market lift.

Polycab India shares fell over 5% to an intraday low of ₹7,955 after the National Stock Exchange announced the removal of the stock from the equity derivative segment effective December 30, 2026. The exchange clarified that no new contracts would be issued for future expiry months, though existing unexpired contracts for October, November, and December 2026 would remain tradable until their expiry dates, with new strikes introduced in those months.

RBL Bank experienced a nearly 9% drop, falling to an intraday low of ₹381.40, following the release of its July‑September quarter earnings. The bank reported a 170% rise in standalone net profit to ₹482 crore, up from ₹179 crore in the same quarter last year, and a 37% year‑on‑year increase in net interest income to ₹2,131 crore. However, elevated credit costs, equity fundraising impact, and muted EPS growth weighed on investor sentiment.

Puravankara’s shares rose 2.5% to ₹215.1, its intraday high, after the company announced a 62% annual growth in sales bookings to ₹2,136 crore during the September quarter. Pre‑sales climbed to ₹2,136 crore from ₹1,322 crore year‑ago, while sales area increased 22% annually to 1.83 million square feet. Average price realisation rose 32% annually to ₹11,651 per square foot, and the firm handed over 977 homes totaling 0.97 million square feet to customers.

Bandhan Bank shares surged 9% to ₹171.68 after reports that IHC, the investment arm of Abu Dhabi’s Sheikh Tahnoon bin Zayed al‑Nahyan, was in early‑stage discussions to acquire a stake in Bandhan Financial Services, the promoter of the lender. Bandhan Bank clarified it was unaware of any such development and had received no communication. Meanwhile, Vikran Engineering shares jumped 15% after securing a ₹2,941 crore loan from IREDA to fund solar photovoltaic projects, and Hindustan Unilever shares climbed 3% to ₹1,878.90 following a rally in FMCG stocks and a pricing strategy to offset inflation in the September quarter.