The markets ended the week on a strong note, with benchmark indices posting solid gains as investors cheered robust buying in technology, financial and infrastructure stocks.
The BSE Sensex surged 541 points to close at 80,792, while the NSE Nifty50 climbed 168 points to settle above the 24,300 mark. Positive global cues, steady foreign investor interest and optimism around corporate earnings supported the market throughout the session.
Technology stocks led the rally after HCLTech announced a $1.14-billion artificial intelligence deal with a Europe-based Fortune Global 50 company. The announcement boosted investor sentiment, helping IT shares outperform the broader market.
Among the day’s top gainers were HCLTech, Adani Enterprises, Infosys, Tech Mahindra and Power Grid Corporation. Adani Enterprises also remained in focus after expanding its Qualified Institutional Placement (QIP) from ₹10,000 crore to ₹15,000 crore following strong institutional demand.
On the other hand, Trent, Tata Consumer Products, Titan Company, Asian Paints and Nestlé India were among the major laggards, as investors booked profits in select consumer-facing stocks.
Broader markets also ended in positive territory, with the Nifty Midcap and Smallcap indices registering gains, reflecting improved investor confidence beyond frontline stocks.
Market participants said easing concerns over global crude oil prices and expectations of stable domestic economic growth continued to support buying interest. Investors also remained optimistic ahead of the upcoming corporate earnings season, hoping for healthy quarterly results from major companies.
Trading volumes remained healthy as investors increased exposure to sectors expected to benefit from rising technology spending and infrastructure investments.
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