BusinessPhoto: News18 BusinessSensex Falls 162 Points as IT Stocks Rally on October 16
On October 16, the Indian stock market opened lower with the Sensex down 162.48 points to 74,153.13 and the Nifty slipping 32.50 points to 22,964.85. Weakness in FMCG, oil and gas, and financial stocks weighed on the market. However, the Nifty IT index rose 1.26%, led by gains in Tech Mahindra, Infosys, and TCS. Other sectors like media and PSU banks also saw modest gains, while oil & gas and FMCG declined.
News18 Business·




