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Closing Bell: Nifty above 23,100, Sensex gain 509 pts; IT, metal, realty shine
Biggest Nifty gainers were Wipro, Hindalco Industries, HCL Technologies, TCS, Infosys, while losers included Dr Reddy's Laboratories, Adani Enterprises, Interglobe Aviatoion, Apollo Hospitals, Adani Ports. Except Consumer Durables and PSU Bank, all other sectoral indices ended in the green with Information Technology rose 2.5%, Metal index gained 1.5%, Realty index up 1.7% and Media index jumped 1%. The Nifty midcap index was up 0.3 percent, while smallcap index ended flat.
Nifty Midcap 100 index hits all-time high; Adani Total Gas, Tata Communications, Info Edge among top gainers
Nifty Midcap 100 index rose for the third straight session, even as benchmarks remained under pressure.
LIVE: Oil Below $80 | Accenture Misses Estimates | IT Stocks In Focus | Opening Bell
Global markets rebound sharply as US equities recover from Wednesday's sell-off. The Nasdaq surged nearly 2%, led by chip stocks, while Intel jumped 10% after President Trump announced a partnership with Apple on chip designs. Meanwhile, Accenture's earnings and guidance came in below expectations, putting IT stocks in focus. Oil prices remain below $80 a barrel, US bond yields stay elevated, and the dollar index hits a one-year high. Back home, Indian markets closed higher for the fifth consecutive session, with Nifty ending above 24,150. Will the momentum continue? Catch Surabhi Upadhyay in conversation with market experts as they decode all the key global and domestic market triggers ahead of the opening bell.