Tech stocks drive Sensex and Nifty rebound
after close1 source ↓written by the desknot a recommendation
- rose
- 241 points
- 85,473.47
- reached
- 26,142.80
- gaining
- 3%
Indian bourses rebounded as the Sensex rose by 241 points to 85,473.47 and the Nifty reached 26,142.80. This surge was fueled by a strong performance in IT stocks, with Tech Mahindra gaining over 3%. Optimism surrounding a potential US Federal Reserve rate cut and supportive global cues contributed to the positive sentiment.
Not investment advice. For informational purposes only.