The Nifty 50 index climbed 0.42% to 25,693.3 on October 17, marking its highest level in a year. The BSE Sensex also gained 0.50%, reaching 83,887.58, led by strong performance in Reliance Industries. IT stocks lagged amid margin concerns, with Wipro slipping ~4.5% and Infosys ~1.8%. Investor optimism mounts ahead of ICICI and HDFC Bank’s earnings announcements. The rally reflects resilient domestic sentiment even as global equities waver.
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2 days ago
Nifty hits one-year high as Indian markets rally
The Nifty 50 index climbed 0.42% to 25,693.3 on October 17, marking its highest level in a year. The BSE Sensex also gained 0.50%, reaching 83,887.58, led by strong performance in Reliance Industries. IT stocks lagged amid margin concerns, with Wipro slipping ~4.5% and Infosys ~1.8%. Investor optimism mounts ahead of ICICI and HDFC Bank’s earnings announcements. The rally reflects resilient domestic sentiment even as global equities waver.
positive
Nifty hits one-year high as Indian markets rally
2 days ago
1 min read
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Indian markets surge — Nifty touches 1-yr high led by Reliance gains.
The Nifty 50 index climbed 0.42% to 25,693.3 on October 17, marking its highest level in a year. The BSE Sensex also gained 0.50%, reaching 83,887.58, led by strong performance in Reliance Industries. IT stocks lagged amid margin concerns, with Wipro slipping ~4.5% and Infosys ~1.8%. Investor optimism mounts ahead of ICICI and HDFC Bank’s earnings announcements. The rally reflects resilient domestic sentiment even as global equities waver.
The Nifty 50 index climbed 0.42% to 25,693.3 on October 17, marking its highest level in a year. The BSE Sensex also gained 0.50%, reaching 83,887.58, led by strong performance in Reliance Industries. IT stocks lagged amid margin concerns, with Wipro slipping ~4.5% and Infosys ~1.8%. Investor optimism mounts ahead of ICICI and HDFC Bank’s earnings announcements. The rally reflects resilient domestic sentiment even as global equities waver.