New Delhi, Oct. 16 -- The Indian stock market witnessed healthy gains for the second consecutive session on Thursday, October 16, with benchmarks the Sensex and the Nifty 50 rising by over a per cent each, tracking positive global cues.

The Sensex rose 862 points, or 1.04 per cent, to end at 83,467.66. The NSE counterpart, Nifty 50, settled 1.03 per cent higher at 25,585.30. The BSE Midcap and Smallcap indices rose 0.29 per cent and 0.47 per cent, respectively.

In two days, the Sensex has risen by 1,438 points, or nearly 2 per cent, even as concerns over US tariffs and valuations persist. The Nifty 50 has also gained nearly 2 per cent to reclaim the 25,550 mark.

The overall market capitalisation of BSE-listed firms rose to nearly Rs.46...