Indian shares finished higher on Friday, 9 October. The Sensex closed at 72,472.33, gaining 879.09 points, or 1.23%. The Nifty 50 ended at 22,520.45, up 1.30%. These are the completed session’s closing levels.
TCS, Infosys and HCLTech were among the technology stocks that advanced. Market reports linked the sector’s recovery to TCS’s quarterly results and investors’ reassessment of the US restrictions on employer-sponsored permanent residency.
Reuters reported that the benchmarks also ended an eight-week losing run. Higher oil prices and concerns about tighter monetary policy remained part of the market backdrop, even as Friday’s session recovered some of the previous day’s losses.