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Wall Street’s main indexes posted subdued gains at open on Thursday after Federal Reserve Chair Jerome Powell offered no fresh policy signals, leaving investors to rely on older data to shape sentiment.
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On Thursday, the Sensex rose around 398 points to close at 82,712, supported by strong gains in the consumer discretionary space. Four stocks from the BSE Consumer Discretionary Index, including V2 Retail and Eternal hit fresh 52-week highs, signalling strong bullish momentum.
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Tata Consultancy Services reported Q2FY26 revenue of Rs 65,799 crore, surpassing estimates, while PAT rose 1.4% YoY to Rs 12,075 crore. The company announced a Rs 11 interim dividend and highlighted AI infrastructure investments.
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Ananth Narayan G, the Indian regulatory official who led the high-profile investigation of alleged market manipulation by U.S. high-frequency trading firm Jane Street, stepped down on Thursday at the end of his three-year term.
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Nifty and Sensex rebounded led by IT, metal, and pharma stocks. Key movers included Saatvik Green Energy, Prestige Estates, Hindustan Zinc, MosChip, Netweb, Swiggy, and Eternal amid mixed earnings and investor action.
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