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Sensex, Nifty Gain on IT Rally, FII Inflows
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Indian stock markets, including the Sensex and Nifty, opened higher, driven by a robust rally in IT sector shares, substantial foreign fund inflows, and a favourable drop in crude oil prices.
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Sensex, Nifty Gain on IT Rally, FII Inflows
The Sensex and Nifty traded positively in early trade, extending gains from the previous session. The 30-share BSE Sensex advanced 75.71 points to 77,726.62, while the 50-share NSE Nifty went up by 26.90 points to 24,275.85. IT stocks, including Infosys, Tech Mahindra, HCL Tech, Tata Consultancy Services, and Mahindra & Mahindra, led the rally. Foreign fund inflows and a drop in crude oil prices also contributed to the positive sentiment.
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