Stock Markets Rebound, Ending 2-Day Losing Streak on Buying in IT Firms; Sensex Jumps 331 Points
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7 Articles
Market wrap: TCS, Tech Mahindra, ICICI Bank, ITC top gainers and losers on Nifty and Sensex on Friday
Indian equities rebounded on Friday, ending a two-session losing streak as heavyweight IT stocks led gains. Nifty rose 0.35% to 24,175.65, while Sensex gained 0.43% to 77,264.51. Analysts expect consolidation amid mixed global cues and geopolitical uncertainty.
Nifty Closes 85 Points Up, Sensex Gains 331 Points as IT Stocks Track Global Tech Rally
Get latest articles and stories on Business at LatestLY. The equity markets ended higher on Friday, supported by a strong rally in IT stocks as investors tracked gains in global technology shares. The Nifty 50 closed at 24,175.65, gaining 84.80 points, or 0.35%, while the BSE Sensex rose 330.92 points, or 0.43%, to close at 77,264.51. Business News | Nifty Closes 85 Points Up, Sensex Gains 331 Points as IT Stocks Track Global Tech Rally.
Stock Market: The Indian stock market closed in gains on Friday. The BSE Sensex gained 330 points, while the NSE Nifty gained 84 points.
After sustained pressure, the Indian stock market provided investors with some relief on Friday. Both the Sensex and Nifty closed higher, led by strong buying in IT stocks. The Sensex rose 331 points, while the Nifty rose above 24,175.
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