After opening the day higher, the benchmark indices continued their upward momentum and ended the session in green.

Indian equity market indices Sensex and Nifty settled higher on Thursday, gaining for the second consecutive session amid stock-specific action during the ongoing Q2 results season.

At the closing bell, the BSE Sensex closed higher by 862 points (up 1%).

Meanwhile, the NSE Nifty closed 261 points higher (up 1%).

Kotak Mahindra, Titan Company, and Axis Bank are among the top gainers today.

Infosys, Eternal on the other hand, was among the top losers today.

The GIFT Nifty was trading at  25,643, higher by 240 points at the time of writing.

The BSE MidCap index ended 0.3% higher, and the BSE SmallCap index ended 0.4% higher.

Sectoral indices are trading positively today, with stocks in the realty sector and the banking sector witnessing buying.

The rupee is trading at Rs 88.7 against the US$.

Gold prices for the latest contract on MCX are trading 0.7% higher at Rs 128,145 per 10 grams.

Meanwhile, silver prices were trading 1.1% higher at Rs 164,066 per 1 kg.

Here are four reasons why Indian share markets are rising:

#1 Buying in Index Heavyweights

Index heavyweights like Axis Bank and Nestle India surged due to strong Q2 results. Nestle India rose 4% to a 52-week high, while HDFC Bank and Reliance Industries also gained over 1% each.

#2 India-US trade deal

India and the US are working on a trade deal, with an Indian delegation in the US for discussions. This move has boosted market sentiment, with expectations of reduced trade tensions and a potential deal in the coming weeks.

#3 Institutional flows

FIIs bought ?68.64 crore worth of equities, while DIIs purchased ?4,650.08 crore on Wednesday. In the past week, FIIs injected nearly ?3,000 crore into Indian equities, marking their first net investment after weeks of selling.

#4 Rupee gains

The Indian rupee rose over 1% against the US dollar on Wednesday and remained steady on Thursday, reaching ?87.8 per US dollar, due to a softer dollar and expectations of US Fed rate cuts.
 

Angel One Q2 Results

In the news from finance sector, shares of Angle came into focus after the company reported its Q2 FY26 results.

Angel One reported operating revenue of Rs 8.4 billion (bn) for the September 2025 quarter, a 15% decrease from Rs 0.9 bn for the same period the previous year. Compared to Rs 4.2 bn in the Q2FY25, the company's net profit dropped 50% to Rs 2.1 bn.

Revenue from operations, however, rose 5% on a quarter-over-quarter (Q-o-Q) basis from Rs 7.9 bn in the June 2025 quarter. Net profit increased from Rs 1.1 bn to 85% Q-o-Q.

Compared to Rs 1.9 bn in the prior quarter, its EBDAT increased by 67% to Rs 3.3 bn.

The company's total orders rose from Rs 0.3 to 0.4 bn, a 5% Q-o-Q increase. Over 1.7 million new clients were added this quarter, bringing the platform's client base to over 34 million.

Angel One's Group CEO reported strong business momentum, with mutual fund SIPs hitting a record high, credit disbursals almost doubling, and Ionic Wealth's AUM surpassing Rs 61 bn.
 

Oberoi Realty Q2 Profit Jumps Sharply

Moving on to the news from realty sector, shares of Oberoi Realty surged 6% after the company reported its Q2 FY26 results.

In Q2 of FY26, the company's operating revenue was Rs 17.8 bn, up 34.8% year over year. The company saw a sequential increase in revenue of 80% and a profit increase of 80.5%.

The company's revenue increased 1.52% year over year to Rs 27.6 bn in the first half of FY26 (April-September 2025), while its profit increased marginally by 0.64% year over year to Rs 11.8 bn, compared to Rs 1.7 bn in H1 FY25.

Dring the quarter, Oberoi Realty didn't launch new projects. They plan to launch projects in Borivali, Thane, Peddar Road, and Gurugram in FY26.

Oberoi Realty's net profit rose 29% to Rs 7.6 bn in Q2 FY26.

The board of directors declared a second interim dividend for FY26 at Rs 2 per equity share, representing 20% of the face value of Rs 10 per share.

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