Markets extend previous session's rally amid buying in IT firms, earnings-driven demand in Trent

Image used for representational purposes only | Photo Credit: ANI Stock market benchmark indices Sensex and Nifty rallied in early trade on Friday (October 30, 2026) amid buying in IT firms and earnings-driven demand in the Tata Group's retail arm Trent.The 30-share BSE Sensex climbed 138.77 points to 74,289.81 in early trade. The 50-share NSE Nifty was up 38.95 points to 22,967.10.From the 30 Sensex firms, Trent jumped 6% after the Tata Group's retail arm on Thursday (October 29) reported a 25% year-on-year increase in consolidated net profit to ₹468 crore for the September quarter, as revenue growth and operating leverage supported earnings amid an inflationary environment.InterGlobe Aviation, Infosys, Tata Consultancy Services, Sun Pharma, HCL Tech and Tech Mahindra were also among the major gainers.Bharat Electronics, State Bank of India, UltraTech Cement and Tata Steel were among the laggards.Brent crude, the global oil benchmark, traded 1.19% higher at $116.3 per barrel.Foreign Institutional Investors (FIIs) offloaded equities worth ₹943.60 crore on Thursday (October 29), according to exchange data.In Asian markets, South Korea's Kospi, Japan's 225 index and Shanghai's SSE Composite index were trading lower, while Hong Kong's Hang Seng index quoted higher.The U.S. markets ended lower on Thursday (October 29).On Thursday, the Sensex rallied 905.01 points, or 1.24%, to close at 74,151.04. The Nifty ended 237.90 points, or 1.05%, higher at 22,936.75. Published - October 30, 2026 10:17 am IST