Economic TimesLean R·
F&O Talk: Nifty IT gaining strong momentum, says Sudeep Shah; outlines HDFC Bank, ICICI Bank strategy after Q1
The Indian stock market recorded sharp gains on Friday, with Sensex and Nifty rising more than 1% to end the week on a positive note. Strong Q1 earnings, sharp buying in IT stocks and other factors boosted investor sentiment despite the global market crash.The Sensex surged over 964 points to close at 78,151, while Nifty 50 gained around 262 points to end the session at 24,334. The rally occurred despite weakness in the broader market, with the Nifty Midcap 100 and Nifty Smallcap 100 indices de…
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