Stock markets rebound; Sensex climbs 473 points
On October 16, 2026, the BSE Sensex rose by 472.77 points, or 0.66%, closing at 72,382.47, while the NSE Nifty increased by 133.80 points, or 0.60%, to finish at 22,555.75. This rebound followed softer-than-expected U.S. jobs data, which eased fears of aggressive monetary tightening by the U.S. Federal Reserve, boosting risk appetite in emerging markets.