Sensex up 1,300 points
Sensex up 1,300 points
This robust performance was fueled by positive global cues, particularly a substantial drop in global crude oil prices, which alleviated some investor concerns. At 10:04 a.m., the Sensex traded 2.3% or 1,251 points higher at 55,898 points, while the Nifty was up 2.2% or 361 points at 16,706 points.
Overall, the market's strong performance today reflects a combination of favorable global economic indicators and robust sector-specific growth
This rally was primarily driven by significant gains in metal stocks, with Hindalco and Tata Steel among the top performers. Additionally, stocks like Wipro, Tech Mahindra, M&M, Tata Motors, Ultratech Cement, TCS, HCL Tech, and ICICI Bank contributed notably to the Sensex's rise. In contrast, Sun Pharma was the only stock to close in the red within the index.
