Indian Stock Markets Surge: Sensex Up 493 Points, Nifty 50 Crosses 25,800

Indian stock markets witnessed strong gains on Friday, driven by robust buying in information technology (IT), Banking, and capital market-related shares.

As of 12 PM, the Sensex was trading 0.59 per cent higher at Rs 83,886.21, up 493 points, while the Nifty 50 rose 0.54 per cent to Rs 25,807.15, gaining 141.55 points.

Among the Top Gainers on the Sensex were Infosys, which surged nearly 5 per cent, along with Tech Mahindra, HCL Technologies, Mahindra & Mahindra, Bajaj Finserv, Bajaj Finance, Power Grid, Kotak Mahindra Bank, Adani Ports, and NTPC.

On the other hand, Eternal, Sun Pharma, Bharti Airtel, Bharat Electronics Ltd (BEL), Asian Paints, Maruti Suzuki, ICICI Bank, and Axis Bank were the major laggards.

The broader markets also showed positive momentum. The Nifty MidCap index advanced 0.56 per cent, while the Nifty SmallCap index rose 0.13 per cent.

Sector-wise, the Nifty IT index and the Nifty Capital Markets index led the rally, each climbing 2.5 per cent. The Nifty Realty index gained 1.5 per cent, and the Nifty PSU Bank index added 1.4 per cent. Meanwhile, the Nifty Bank index rose 0.6 per cent.

Investors remain optimistic as key sectors continue to show resilience, contributing to overall market strength in both Large-Cap and Mid-Cap stocks.

Disclaimer: The article is for informational purposes only and not investment advice.