Indian benchmark indices extended gains on Wednesday amid optimism over a possible trade deal with Washington and the reopening of the US government. Investor confidence also strengthened after Bihar exit polls indicated a likely win for the incumbent NDA alliance, boosting hopes of political stability.
The BSE Sensex climbed nearly 500 points in early trade, while the NSE Nifty 50 crossed the 25,800 mark. Tech Mahindra led the rally among blue-chip stocks, followed by TCS, Bharti Airtel, Eternal, and Infosys, driving the Nifty IT index higher. The tech uptrend was further supported by U.S. President Donald Trump’s comment that the country needed more skilled foreign workers, easing concerns over visa restrictions.
Meanwhile, mild profit-booking was seen in auto and defence counters such as Maruti Suzuki and Bharat Electronics Ltd (BEL). Analysts said firm global cues, upbeat political signals, and strong performance by IT majors kept market sentiment buoyant in early trade.
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