Nifty hits one-year high as Reliance rallies, offsets IT weakness
Benchmark indexes climb to one-year highs as Reliance’s rally counters IT sector headwinds.
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2 days agoNifty hits one-year high as Reliance rallies, offsets IT weakness
The Nifty 50 index touched its highest level in a year, driven by gains in Reliance Industries which rose ahead of its earnings, offsetting declines in Infosys and Wipro. The Sensex also climbed ~0.5%. Reliance led the rally with a 0.9% gain, while banks like ICICI and HDFC posted modest moves. Sector breadth improved with 10 of 16 sub-indices in the green. Analysts say momentum may stick if Reliance posts strong numbers and other heavyweight names follow suit.
positive
2 days agoNifty hits one-year high as Reliance rallies, offsets IT weakness
The Nifty 50 index touched its highest level in a year, driven by gains in Reliance Industries which rose ahead of its earnings, offsetting declines in Infosys and Wipro. The Sensex also climbed ~0.5%. Reliance led the rally with a 0.9% gain, while banks like ICICI and HDFC posted modest moves. Sector breadth improved with 10 of 16 sub-indices in the green. Analysts say momentum may stick if Reliance posts strong numbers and other heavyweight names follow suit.
positive
Nifty hits one-year high as Reliance rallies, offsets IT weakness
3 days ago
1 min read
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Benchmark indexes climb to one-year highs as Reliance’s rally counters IT sector headwinds.
The Nifty 50 index touched its highest level in a year, driven by gains in Reliance Industries which rose ahead of its earnings, offsetting declines in Infosys and Wipro. The Sensex also climbed ~0.5%. Reliance led the rally with a 0.9% gain, while banks like ICICI and HDFC posted modest moves. Sector breadth improved with 10 of 16 sub-indices in the green. Analysts say momentum may stick if Reliance posts strong numbers and other heavyweight names follow suit.
The Nifty 50 index touched its highest level in a year, driven by gains in Reliance Industries which rose ahead of its earnings, offsetting declines in Infosys and Wipro. The Sensex also climbed ~0.5%. Reliance led the rally with a 0.9% gain, while banks like ICICI and HDFC posted modest moves. Sector breadth improved with 10 of 16 sub-indices in the green. Analysts say momentum may stick if Reliance posts strong numbers and other heavyweight names follow suit.
Companies:
Reliance Industries
Infosys
Wipro
+2 more
Tags:
markets
india
markets
india
equity
benchmark
Source:
Oct 17, 2025 • 05:31 IST