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The Indian stock market ended with healthy gains on Thursday, October 9, on buying activity across sectors ahead of the start of the September quarter earnings season. IT heavyweight TCS will report its Q2 earnings on Thursday.

The Sensex ended 398 points, or 0.49 per cent, higher at 82,172.10, while the Nifty 50 settled with a gain of 136 points, or 0.54 per cent, at 25,181.80. The BSE Midcap and Smallcap indices ended with gains of 0.75 per cent and 0.18 per cent, respectively.

Investors earned more than ₹2 lakh crore in a single session as the cumulative market capitalisation of BSE-listed firms rose to over ₹460 lakh crore from about ₹458 lakh crore in the previous session.

The Indian stock market rose on Thursday due to short covering, as the medium- to long-term outlook for the domestic market remains healthy.

As many as 40 stocks ended higher in the Nifty 50 index, with Tata Steel (up 2.48 per cent), JSW Steel (up 2.34 per cent), and SBI Life Insurance Company(up 2.26 per cent) as the top gainers.

(This is a developing story. Please check back for fresh updates.)

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stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

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