Opening Bell: Nifty 50 Gains 84 Points; IT Shares Lead Early Market Rally
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As of 9:18 AM, the Nifty 50 was trading 84.25 points or 0.35 per cent higher at 24,162.75, while the Sensex gained 285 points or 0.37 per cent to 77,470.43.
✨ Key Takeaways
The Indian benchmark indices opened higher on Thursday, supported by gains in IT stocks. The Nifty 50 and Sensex advanced in early trade as investors tracked positive movement in technology shares.
As of 9:18 AM, the Nifty 50 was trading 84.25 points or 0.35 per cent higher at 24,162.75, while the Sensex gained 285 points or 0.37 per cent to 77,470.43.
Among the Nifty 50 constituents, HCLTech, Maruti Suzuki India, and Wipro India emerged as the Top Gainers, supporting the broader market sentiment.
In the broader market, the Nifty MidCap index traded 0.02 per cent higher, while the Nifty SmallCap index advanced 0.34 per cent, indicating mild buying interest beyond Large-Cap stocks.
Sector-wise, the Nifty IT and Nifty Consumer Durables indices outperformed in early trade. On the other hand, the Nifty Financial Services index witnessed the biggest decline among sectoral indices.
Disclaimer: The article is for informational purposes only and not investment advice.