Opening Bell: Nifty 50 Gains 204 Points, Sensex Rises 701 Points as IT Stocks Lead Market Rally

Indian benchmark indices ended higher as investors tracked mixed global cues along with fresh developments in West Asia. Buying interest in IT and select heavyweight stocks supported the market rally during the session.

The Sensex gained 701.41 points or 0.91 per cent to close at 77,467.33, while the Nifty 50 advanced 204 points or 0.85 per cent to 24,190.40.

Among the Nifty 50 constituents, Infosys, Larsen & Toubro, and Eternal emerged as the Top Gainers, helping lift the broader index. Positive momentum in these stocks supported overall market sentiment.

In the broader market space, the Nifty MidCap index climbed 0.54 per cent, while the Nifty SmallCap index increased 0.66 per cent, indicating healthy participation from mid- and small-sized companies.

Sector-wise, the Nifty IT and Nifty Chemical indices outperformed their peers, supported by buying interest in technology and chemical stocks. On the other hand, the Nifty Realty and Nifty Oil & Gas indices remained under pressure and lagged the broader market trend.

Overall, domestic equities showed resilience despite uncertainty from global markets and renewed concerns around West Asia developments.

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