New Delhi, Oct. 13 -- Indian equity benchmarks rallied on Tuesday, 13 October, with the Nifty 50 and Sensex gaining over 1.5% each, driven by a sharp rally in information technology stocks following better-than-expected results from HCLTech and improved sentiment after the Reserve Bank of India (RBI) announced measures to ease pressure on the rupee.

The Nifty 50 climbed 1.6% to close at 22,721.95, while the BSE Sensex advanced 1.54% to 73,033.78.

The Indian rupee strengthened to 95.28 against the US dollar, extending its recovery for a second consecutive session after the RBI unveiled additional measures to support the domestic currency.

The Nifty IT index surged 5.2%, marking its biggest single-day gain since 12 May 2025. HCLTech jump...