Sensex Rallies 450 Points, Nifty Crosses 24,300; IT Index Surges Over 4%
The Indian stock market soared on Tuesday, April 23, 2025, with benchmark indices closing significantly higher amid strong buying interest across sectors, particularly IT.
📈 Market Highlights:
Sensex closed 450 points higher, ending the session at 81,240.
Nifty 50 jumped above the 24,300 mark, reaching an all-time high.
The Nifty IT index was the standout performer, gaining over 4.2%, led by stocks like Infosys, TCS, Wipro, and HCLTech.
💻 IT Sector Leads the Rally
The rally in IT stocks comes on the back of better-than-expected Q4 results, optimistic global demand outlook, and a weakening rupee, which typically boosts export-heavy tech companies. Infosys and TCS alone contributed a significant chunk to the Nifty's gains.
🏦 Sector-Wise Performance:
IT: +4.2%
Banking & Financials: Moderate gains
Pharma & FMCG: Range-bound
Auto & Realty: Mixed movement
📰 Expert Take:
Market experts attributed the rally to strong institutional inflows, robust corporate earnings, and stability in global cues. “The tech-led rally signals a comeback for the sector after a few subdued quarters,” said Anuj Mehta, market analyst at Equity Insight.
⚠️ What to Watch:
While the momentum is strong, analysts caution investors to avoid chasing high valuations blindly. Profit-booking may occur at higher levels, especially ahead of the FOMC meeting next week and macro data releases.
Sensex Rallies 450 Points, Nifty Crosses 24,300; IT Index Surges Over 4%
The Indian stock market soared on Tuesday, April 23, 2025, with benchmark indices closing significantly higher amid strong buying interest across sectors, particularly IT.
📈 Market Highlights:
Sensex closed 450 points higher, ending the session at 81,240.
Nifty 50 jumped above the 24,300 mark, reaching an all-time high.
The Nifty IT index was the standout performer, gaining over 4.2%, led by stocks like Infosys, TCS, Wipro, and HCLTech.
💻 IT Sector Leads the Rally
The rally in IT stocks comes on the back of better-than-expected Q4 results, optimistic global demand outlook, and a weakening rupee, which typically boosts export-heavy tech companies. Infosys and TCS alone contributed a significant chunk to the Nifty's gains.
🏦 Sector-Wise Performance:
IT: +4.2%
Banking & Financials: Moderate gains
Pharma & FMCG: Range-bound
Auto & Realty: Mixed movement
📰 Expert Take:
Market experts attributed the rally to strong institutional inflows, robust corporate earnings, and stability in global cues. “The tech-led rally signals a comeback for the sector after a few subdued quarters,” said Anuj Mehta, market analyst at Equity Insight.
⚠️ What to Watch:
While the momentum is strong, analysts caution investors to avoid chasing high valuations blindly. Profit-booking may occur at higher levels, especially ahead of the FOMC meeting next week and macro data releases.
Sensex Rallies 450 Points, Nifty Crosses 24,300; IT Index Surges Over 4%
The Indian stock market soared on Tuesday, April 23, 2025, with benchmark indices closing significantly higher amid strong buying interest across sectors, particularly IT.
📈 Market Highlights:
Sensex closed 450 points higher, ending the session at 81,240.
Nifty 50 jumped above the 24,300 mark, reaching an all-time high.
The Nifty IT index was the standout performer, gaining over 4.2%, led by stocks like Infosys, TCS, Wipro, and HCLTech.
💻 IT Sector Leads the Rally
The rally in IT stocks comes on the back of better-than-expected Q4 results, optimistic global demand outlook, and a weakening rupee, which typically boosts export-heavy tech companies. Infosys and TCS alone contributed a significant chunk to the Nifty's gains.
🏦 Sector-Wise Performance:
IT: +4.2%
Banking & Financials: Moderate gains
Pharma & FMCG: Range-bound
Auto & Realty: Mixed movement
📰 Expert Take:
Market experts attributed the rally to strong institutional inflows, robust corporate earnings, and stability in global cues. “The tech-led rally signals a comeback for the sector after a few subdued quarters,” said Anuj Mehta, market analyst at Equity Insight.
⚠️ What to Watch:
While the momentum is strong, analysts caution investors to avoid chasing high valuations blindly. Profit-booking may occur at higher levels, especially ahead of the FOMC meeting next week and macro data releases.
Sensex Rallies 450 Points, Nifty Crosses 24,300; IT Index Surges Over 4%
The Indian stock market soared on Tuesday, April 23, 2025, with benchmark indices closing significantly higher amid strong buying interest across sectors, particularly IT.
📈 Market Highlights:
Sensex closed 450 points higher, ending the session at 81,240.
Nifty 50 jumped above the 24,300 mark, reaching an all-time high.
The Nifty IT index was the standout performer, gaining over 4.2%, led by stocks like Infosys, TCS, Wipro, and HCLTech.
💻 IT Sector Leads the Rally
The rally in IT stocks comes on the back of better-than-expected Q4 results, optimistic global demand outlook, and a weakening rupee, which typically boosts export-heavy tech companies. Infosys and TCS alone contributed a significant chunk to the Nifty's gains.
🏦 Sector-Wise Performance:
IT: +4.2%
Banking & Financials: Moderate gains
Pharma & FMCG: Range-bound
Auto & Realty: Mixed movement
📰 Expert Take:
Market experts attributed the rally to strong institutional inflows, robust corporate earnings, and stability in global cues. “The tech-led rally signals a comeback for the sector after a few subdued quarters,” said Anuj Mehta, market analyst at Equity Insight.
⚠️ What to Watch:
While the momentum is strong, analysts caution investors to avoid chasing high valuations blindly. Profit-booking may occur at higher levels, especially ahead of the FOMC meeting next week and macro data releases.
Sensex Rallies 450 Points, Nifty Crosses 24,300; IT Index Surges Over 4%
The Indian stock market soared on Tuesday, April 23, 2025, with benchmark indices closing significantly higher amid strong buying interest across sectors, particularly IT.
📈 Market Highlights:
Sensex closed 450 points higher, ending the session at 81,240.
Nifty 50 jumped above the 24,300 mark, reaching an all-time high.
The Nifty IT index was the standout performer, gaining over 4.2%, led by stocks like Infosys, TCS, Wipro, and HCLTech.
💻 IT Sector Leads the Rally
The rally in IT stocks comes on the back of better-than-expected Q4 results, optimistic global demand outlook, and a weakening rupee, which typically boosts export-heavy tech companies. Infosys and TCS alone contributed a significant chunk to the Nifty's gains.
🏦 Sector-Wise Performance:
IT: +4.2%
Banking & Financials: Moderate gains
Pharma & FMCG: Range-bound
Auto & Realty: Mixed movement
📰 Expert Take:
Market experts attributed the rally to strong institutional inflows, robust corporate earnings, and stability in global cues. “The tech-led rally signals a comeback for the sector after a few subdued quarters,” said Anuj Mehta, market analyst at Equity Insight.
⚠️ What to Watch:
While the momentum is strong, analysts caution investors to avoid chasing high valuations blindly. Profit-booking may occur at higher levels, especially ahead of the FOMC meeting next week and macro data releases.
Sensex Rallies 450 Points, Nifty Crosses 24,300; IT Index Surges Over 4%
The Indian stock market soared on Tuesday, April 23, 2025, with benchmark indices closing significantly higher amid strong buying interest across sectors, particularly IT.
📈 Market Highlights:
Sensex closed 450 points higher, ending the session at 81,240.
Nifty 50 jumped above the 24,300 mark, reaching an all-time high.
The Nifty IT index was the standout performer, gaining over 4.2%, led by stocks like Infosys, TCS, Wipro, and HCLTech.
💻 IT Sector Leads the Rally
The rally in IT stocks comes on the back of better-than-expected Q4 results, optimistic global demand outlook, and a weakening rupee, which typically boosts export-heavy tech companies. Infosys and TCS alone contributed a significant chunk to the Nifty's gains.
🏦 Sector-Wise Performance:
IT: +4.2%
Banking & Financials: Moderate gains
Pharma & FMCG: Range-bound
Auto & Realty: Mixed movement
📰 Expert Take:
Market experts attributed the rally to strong institutional inflows, robust corporate earnings, and stability in global cues. “The tech-led rally signals a comeback for the sector after a few subdued quarters,” said Anuj Mehta, market analyst at Equity Insight.
⚠️ What to Watch:
While the momentum is strong, analysts caution investors to avoid chasing high valuations blindly. Profit-booking may occur at higher levels, especially ahead of the FOMC meeting next week and macro data releases.