TCS, ITC, Hexaware Tech among buzzing stocks as SENSEX, NIFTY50 rally over 1% in noon deals

The Indian benchmark indices, SENSEX and NIFTY50, were trading in deep green during the afternoon session on Friday, October 9, bolstered by buying in information technology (IT) and fast-moving consumer goods (FMCG) stocks.

Investor sentiment improved amid a decline in global crude oil prices, easing US bond yields, and strong global cues.

The SENSEX zoomed as much as 1.27% to hit an intraday high of 72,502.92. Meanwhile, the NIFTY50 surged as much as 1.36% to touch the session’s peak of 22,534.40, a day after the index hit its 52-week low.

At 1:27 PM, the S&P BSE SENSEX skyrocketed by 851.45 points, or 1.19%, to trade at 72,444.69. NSE’s NIFTY50 stood at 22,505.10, up 273.30 points, or 1.23%.

The NIFTY50 index was led by ITC Ltd, Tata Consultancy Services (TCS), Apollo Hospitals Enterprise, Eicher Motors, Adani Ports and Special Economic Zones, and Shriram Finance, which were among the top gainers.

On the contrary, BSE, Reliance Industries Ltd (RIL), and JSW Steel were the only three constituents of the NIFTY50 index that were trading in the red.

Buzzing stocks on October 9: Check list

Investors were also reacting to TCS’s Q2 earnings report during Friday’s trading session after the bellwether stock posted mid-double-digit revenue gains with an increase in net profit, while margins remained under pressure.

US Labour Secretary Keith Sonderling on Thursday announced that eight companies, namely Adobe, Microsoft, Infosys, TCS, Wipro, HCL Tech, Cognizant, and Capgemini, are now suspended from the PERM programme.

The relief rally after days of uncertainty among pharma and hospital stocks comes after the latest announcement from the Department of Pharmaceuticals suggests that the central government has decided to cap trade margins for non-scheduled anti-cancer drugs at 30% of the maximum retail price.

The stock of Tata Consultancy Services (TCS) gained as much as 6.16% to hit an intraday high of ₹2,204 per equity share on the National Stock Exchange (NSE) on Friday, October 9, following the company's Q2 results, which were broadly in line with or exceeded expectations on key parameters, and the US government's decision to suspend the Permanent Labor Certification Program (PERM).

TCS kicked off the Q2 earnings season for India Inc on Thursday, reporting a 15% jump in net profit to ₹13,884 crore and pointing to continued growth momentum going forward. The country's largest IT services company posted a net profit of ₹12,075 crore in the year-ago period and ₹13,349 crore in the preceding September quarter.

The company said its revenue from operations rose 11.22% to ₹73,188 crore in the July-September period from ₹65,799 crore in the year-ago period. In the June quarter, its topline stood at ₹72,275 crore.

KEC International shares gained as much as 5% to touch an intraday high of ₹366.40 apiece on October 9, after the company bagged new orders across various businesses.

In the transmission and distribution (T&D) business, KEC secured an order for a 400 kV transmission line in Bhutan, an additional order for a 380 kV transmission line in Saudi Arabia, and orders for the supply of towers, hardware and poles in the Americas.

In the renewables segment, the company secured an order for a 300+ MW wind project from a renowned private developer in Southern India.

Lastly, the cables and conductors have also bagged various orders in India and the overseas market, the company said.

Pidlilite Industries stock climbed as much as 2% to hit an intraday high of ₹1,488.90 per equity share on the NSE, as the company’s board of directors approved the appointment of Amith Agarwal as the Chief Financial Officer (CFO) and as Senior Management Personnel of the Company with effect from October 9, 2026.

The Board of Directors approved the appointment vide its Circular Resolution passed on October 9, 2026, according to a regulatory filing.

Shares of Pace Digitek jumped as much as 6% to hit an intraday high of ₹171.56 apiece in early trade on Friday on the NSE, as the company bagged an order worth ₹179.4 crore from BSES Rajdhani Power Limited (BRPL).

According to a regulatory filing dated October 8, the firm received a letter of intent (LoI) for the development of a 57.5 MW / 115 MWh standalone Battery Energy Storage System (BESS) in Delhi.

The project will be developed under a 12-year Build, Own, Operate and Transfer (BOOT) model, with a project capital outlay of around ₹179.4 crore, the filing read, adding that the project is scheduled to be executed within seven months.

The stock of NCC Ltd soared as much as 6.5% to hit an intraday high of ₹127.74 per equity share, as the company bagged an order worth ₹1,286.03 crore, excluding GST, from Hyderabad Growth Corridor Ltd (HGCL).

The company received a letter of acceptance for the construction of “Radial Road-2 from Outer Ring Road (ORR) near Budwel to Nacharam on NH-167N (Package-1 - Budwel to Shabad), Telangana.

The order has a construction period of 18 months, according to a regulatory filing dated October 8.

Hexaware Technologies stock surged 12.3% to hit an intraday high of ₹574.50 apiece, as equity market investors focused on the company’s latest multi-year deal with the US-based artificial intelligence (AI) major, Anthropic.

“Hexaware Technologies, a global provider of IT services and solutions, today announced a multi-year partnership with Anthropic. Under the partnership, Hexaware becomes a Preferred Partner in Anthropic’s Claude Partner Network,” as per the official statement.

The multi-year partnership between Hexaware Technologies and Anthropic will bring Anthropic’s Claude to the core of two Hexaware platforms: Zerovity, its AI-native engineering platform, and AgentVerse, a build and governance platform with more than 600 pre-built agents.

Shares of Cochin Shipyard advanced as much as 4.75% to hit the session’s peak of ₹1,257 apiece, a day after the state-owned firm received orders to build over 40 ships from the US, Germany, Norway and other countries.

“Most of the orders we are receiving for shipbuilding are for Cochin Shipyard Limited (CSL) from foreign countries like Germany, America, and Norway. So far, we have received orders for more than 40 ships,” Sonowal said.

The stock of ITC soared as much as 4.6% to reach the intraday high of ₹266.70 per equity share, as the company witnessed a block deal of ₹9,395.44 crore.

BSE data show that the US-based boutique investment firm offloaded 36,50,84,221 ITC shares in 14 tranches through its fund, representing a 2.91% stake in the Kolkata-based company.

Thursday’s block deals revealed that GQG Partners sold a 2.91% stake in the FMCG major at an average price of ₹257.35 apiece, for a total deal value of ₹9,395.44 crore. The transaction comes as GQG Partners continues to pare back its holdings in Indian companies. Separately, Alliance Witan, one of the UK’s oldest and largest investment trusts, sold 16.11 lakh ITC shares for ₹41.46 crore.

Shares of Acme India Industries debuted at ₹221 apiece on the SME platform of the BSE (formerly Bombay Stock Exchange) on Friday, October 9. This reflects a premium of 12.76% over the IPO issue price of ₹196 per share.

A lot consists of 600 shares. The minimum investment for individual investors was two lots and cost ₹2,35,200. Investors who received the Acme India Industries IPO allotment made ₹30,000 per lot, taking the value of their investment to ₹2,65,200, as per the listing price on the BSE SME platform.

The initial public offering was subscribed 115.51 times, as it secured bids for 51,32,26,200 shares compared to 44,43,000 shares on offer, according to the BSE data.