Dalal Street witnessed a spectacular short-covering rally today as the Nifty surged 374 points, closing just a whisper away from the 23,000 mark at 22,997. Robust macro data, highlighted by September exports hitting $80.75 billion and progress on the India-US trade deal, energized the bulls. In a landmark ruling, the Supreme Court rejected Yes Bank’s ₹8,400 crore AT-1 bond write-off, cementing a massive liability for the lender. Join tonight’s wrap-up as we map the 23,000 breakout grid for 16-Oct-26.
