Indian markets ended the week strongly as Sensex surged 964 points and Nifty gained 262 points, driven by robust Q1 earnings and IT buying. Analysts see improving momentum in large caps, with Nifty's breakout indicating potential upside towards 24,800 despite broader market weakness.
Indian markets ended the week strongly as Sensex surged 964 points and Nifty gained 262 points, driven by robust Q1 earnings and IT buying. Analysts see improving momentum in large caps, with Nifty's breakout indicating potential upside towards 24,800 despite broader market weakness.
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Indian benchmark indices ended sharply lower on Tuesday as escalating Middle East tensions and surging crude oil prices triggered broad-based selling. Sensex fell 561 points and Nifty slipped below 24,100, with auto, IT, PSU banks and realty leading losses, while pharma stocks outperformed amid a flight to defensive sectors.
Sensex climbed 828 points and Nifty gained 244 points, extending their winning streak as TCS earnings, positive global cues and banking optimism lifted sentiment. The rally added nearly Rs 6 lakh crore to BSE market capitalisation, with IT, financials and metals leading gains.
