Why is stock market up today? 'Good Friday' for Sensex, Nifty - 5 biggest contributors to D-Street party

What happened: Indian equity benchmarks recovered on Friday, October 9, after oil prices eased and US President Donald Trump signalled a pause in potential military strikes against Iran, following Thursday's steep sell-off. Key numbers: Sensex rose as much as 854 points, or Why it matters: IT stocks led gains, with TCS, Infosys, HCL Technologies and Tech Mahindra up as much as 5%, and the Nifty IT index rose over 3%. Negative market breadth indicated the headline recovery did not reflect a uniform shift in sentiment, while Trump said a US naval blockade of Iranian ports would continue.

Sensex and Nifty gains driven by five biggest contributors on Good Friday.

Sensex and Nifty gains driven by five biggest contributors on Good Friday. — impact context not separately stored; see What changed.