Stock Markets Rebound Strongly, Sensex Rallies 879 Points, Nifty Ends Above 22,500
- India’s Sensex rebounded 879 points, or 1.23%, to close at 72,472.33, while the Nifty gained 1.30% to finish at 22,520.45.
- All NSE sectoral indices ended higher, led by the information technology index, which rose more than 3% amid positive sentiment surrounding TCS’s results.
- Softer crude prices, a stronger rupee, and easing fears of an immediate U.S.-Iran escalation supported investor sentiment.
- ITC was the biggest Sensex gainer, rising 4.78%, while Reliance was the only laggard, falling 0.55%.
13 Articles
13 Articles
The stock market saw a spectacular rally, earning investors ₹5 lakh crore in a single day. The Sensex closed up nearly 900 points, and the Nifty also gained more than 200 points.
Sensex Jumps 879 Points, Nifty Gains 1.3% as IT Stocks Lead Market Recovery
Get latest articles and stories on Business at LatestLY. Indian stock markets closed sharply higher on Friday, with the benchmark indices Sensex and Nifty gaining over 1 per cent each, supported by strong buying across sectors, particularly information technology (IT), amid positive sentiment following TCS's results. Business News | Sensex Jumps 879 Points, Nifty Gains 1.3% as IT Stocks Lead Market Recovery.
Led by IT stocks, easing oil prices, Sensex, Nifty jump over 1% after two days of losses - OrissaPOST
Mumbai: Benchmark indices bounced back Friday after two days of sharp decline, with the Sensex surging 879 points and the Nifty rising to 22,520.45, led by a rally in TCS, other IT stocks and easing crude oil prices. The 30-share BSE Sensex jumped 879.09 points, or 1.23 per cent, to settle at 72,472.33. During the […]
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