Stock market news, Oct. 17 -- The Indian stock market experienced a significant surge on Thursday (October 16), with the Sensex jumping over 862 points (1.04%) to finish around 83,467, while the Nifty 50 increased nearly 262 points (1.03%) to close at approximately 25,585.

According to experts, this notable rally represented the highest level for the Sensex since early July 2025. Key sectors such as Auto (+1.27%), Consumer Durables (+1.53%), Banking, Financial Services, FMCG, Metals, and Realty all advanced, indicating a broad sense of market optimism.

Abhinav Tiwari, a Research Analyst at Bonanza, highlighted that significant insights from Thursday's market activity include the substantial influence of the Q2FY26 earnings season, which...