Why Is Stock Market Up Today [LIVE] Updates: TCS Share Price; Sensex Jumps As Oil Eases

Stock Market Today: Vodafone Shares Slide As Investors Book Profits

Vodafone shares came under selling pressure on Friday, a day after the VodafoneThree investor briefing lifted targets for the merged UK mobile business. The company now aims for Â£1 billion in yearly cost savings by fiscal 2032, against an earlier goal of Â£700 million by fiscal 2030. It also set out adjusted EBITDAaL growth in the mid-to-high single digits through FY32. The stock had rallied ahead of the event, and the upgraded numbers appear to have been priced in, prompting investors to lock in gains. A Buy rating from Deutsche Bank, which sees lower downside risk and a stronger upside case, failed to halt the decline.

Stock Market Today: Empower India Shares Deliver 1,180%

Empower India Ltd has climbed from â¹0.15 on the BSE on November 7, 2022, to â¹1.92 on Friday, a gain of about 1,180% in roughly four years, according to exchange data. The penny stock has multiplied nearly 13 times over a period in which the broader market has struggled. Indian benchmarks have been under sustained selling pressure. A weak rupee has driven dollar outflows from Dalal Street, and AI-led interest has pulled foreign money toward South Korea. Rising crude oil prices and US bond yields have added to the strain.

Stock Market Today: Sensex Rallies 944 Points To 72,537 As Large Caps Lead Recovery

The Sensex climbed 943.67 points, or 1.32%, to 72,536.91 on Friday after opening 183.43 points higher and building on gains through the session. The index now sits about 1.72% above its 52-week low of 71,292.88. Larger stocks led the advance. The S&P BSE 100 rose 1.31% and the S&P BSE 150 Midcap Index gained 1.26%, while the S&P BSE 250 Smallcap Index added a smaller 0.54%. Despite the rebound, the Sensex remains below its 50-day moving average, which itself trades under the 200-day average.

Stock Market Today: Inox Green Energy Shares Surge 15%

Inox Green Energy Services jumped more than 15% on the NSE on Friday to an intraday high of â¹131.80, after opening at â¹117.04. The rally follows the companyâs announcement that it will acquire the 4.5 GW operations and maintenance business of Wind World India for â¹550 crore. Elevated crude oil prices are also lifting demand for renewable energy stocks, and Inox Green is benefiting.

Four Signals To Watch Before Calling A Market Reversal

Fridayâs green open has lifted sentiment, but market watchers warn that the close will show whether the recovery holds. The four indicators flagged are Niftyâs closing strength, confirmation from Bank Nifty, FII and DII flows, and crude oil prices. Indian equities staged a rebound attempt on Friday, a day after a sharp sell-off capped a week of extreme volatility. The broader picture remains difficult following a prolonged losing streak, and a single positive session does not yet confirm a change in trend.

Asian Markets Trade Lower, Korea And Taiwan Shut

Most Asian markets are trading in the red as investors stay cautious. South Koreaâs KOSPI and Taiwanâs market are closed on Friday.

Nasdaq Drops Over 1% As OpenAI Earnings Concerns Hit Chip Stocks

US markets closed mixed, with the Dow Jones recovering to end higher while the Nasdaq lost more than 1%. Worries over weaker-than-expected earnings at OpenAI dragged on semiconductor and other chip-related stocks.

US Reportedly Suspends Six IT Majors From PERM Programme

The US has reportedly suspended Cognizant, Infosys, TCS, Wipro, HCL and Capgemini from the Permanent Labor Certification (PERM) programme. The move is a setback for Indian IT companies, which rely on the scheme to sponsor foreign workers for US green cards.

TCS Shares Jump 4% After Q2 Results, Goldman Sachs Retains Buy

Tata Consultancy Services gained more than 4% on the NSE on Friday, a day after Indiaâs largest IT services company posted its second-quarter numbers. The stock stood at â¹2,161 at 12:21 pm, higher by â¹85 or 4.09% against Thursdayâs close of â¹2,076, having climbed as far as â¹2,204 during the session. About 81.04 lakh shares valued at â¹1,758 crore changed hands. The rally offers a pause in a prolonged slide. TCS has lost close to 29% in 12 months and nearly 33% so far in 2026, while the Nifty 50 has fallen roughly 14% over the same stretch. The share price sits far beneath its 52-week peak of â¹3,350 from February 3, 2026, but above the 52-week trough of â¹1,976.80 recorded on July 1, 2026.

Why Is Stock Market Up Today?

Indian equities bounced back on Friday after Thursdayâs rout erased more than â¹10 lakh crore from market value. By 10.30 AM, the Sensex had climbed over 800 points to 72,401, while the Nifty 50 moved above 22,500, up more than 250 points. President Donald Trump said the US will not strike Iran before the November 3 midterms and described talks as productive, pulling Brent below $103 a barrel. Information technology shares did the heavy lifting, with the Nifty IT index up 3% after TCS posted a 15% jump in second-quarter profit to â¹13,884 crore. US Treasury yields also eased, with the 10-year at 5.2%.

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