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Sensex surges ~200 pts as IT rally and soft inflation lift mood
Sensex up ~200 pts on IT rally and easing inflation expectations.
India’s benchmark indices jumped at open, with Sensex adding ~200 points and Nifty crossing 25,250. The rally was led by strong gains in IT stocks, buoyed by positive Q2 results from sector peers, and reinforced by the soft inflation reading. Investors anticipate further rate cuts by RBI. The upbeat start reflects renewed confidence in domestic equities amid global uncertainties.