Opening Bell: Nifty 50, Sensex Rally Over 0.8% on Global Chip Stock Boost; Tech Shares Lead Gains

Opening Bell: Nifty 50, Sensex Rally Over 0.8% on Global Chip Stock Boost; Tech Shares Lead Gains

At 9:19 AM, the Sensex climbed 701.73 points or 0.91 per cent to 77,443.55, while the Nifty 50 gained 200.85 points or 0.84 per cent to trade at 24,162.25.

Key Takeaways

Indian benchmark indices opened higher on Friday, supported by positive global market cues as a rally in chip stocks boosted investor sentiment. The gains in global equities helped lift domestic markets, with technology stocks leading the advance.

At 9:19 AM, the Sensex climbed 701.73 points or 0.91 per cent to 77,443.55, while the Nifty 50 gained 200.85 points or 0.84 per cent to trade at 24,162.25.

Technology stocks were among the top performers in the early session. Tech Mahindra, HCLTech, and Tata Consultancy Services emerged as the Top Gainers on the Nifty 50 index, supported by improved sentiment towards the global technology sector.

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