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Below the Quote on Daily Market 09th Oct 2026 by Vikram Kasat - Chief Business Officer – Advisory and Dealing at PL Capital

"Indian equities staged a strong recovery, with the Sensex rising 976 points to 72,569 and the Nifty gaining 316 points to 22,548. IT stocks led the rebound on optimism around TCS’s results, while FMCG and auto stocks also advanced, indicating broader buying interest. Midcaps gained 1.66%, while India VIX declined 5.37% to 14.46, signalling easing near-term volatility. Softer crude prices and a firmer rupee provided additional support, although persistent FII selling and global uncertainties remain key risks. Gold and silver continue to find support amid investor caution. Going forward, sustained institutional buying, corporate earnings and stability in crude prices will be crucial in determining whether the recovery develops into a durable uptrend."

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