Top Stock Market Updates: Sensex Jumps 450 Points, Nifty Nears 26,000; Pharma and IT Stocks Lead the Rally

Indian stock market saw a significant rally, with Sensex rising 450 points and Nifty nearing 26,000, led by pharma and IT stocks. ICICI Prudential Mutual Fund adjusted its portfolio.

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Top Stock Market Updates: Sensex Jumps 450 Points, Nifty Nears 26,000; Pharma and IT Stocks Lead the Rally

Top Stock Market Updates: Sensex Jumps 450 Points, Nifty Nears 26,000; Pharma and IT Stocks Lead the Rally
Indian stock markets witnessed a strong rally today, with the Sensex soaring over 450 points and Nifty approaching 26,000, driven by positive global cues and sectoral buying. Pharma stocks led the charge following the US Senate’s passage of the Biosecure Act, while IT, realty, healthcare, and oil & gas sectors also contributed to the gains. The rally was supported by strong buying from both foreign institutional investors (FIIs) and domestic institutional investors (DIIs), along with a stronger rupee and easing global inflation concerns.
Companies:
  • ICICI Prudential
  • Reliance Industries
  • ITC
  • Mazagon Dock
  • Eternal
Tags:
  • Sensex
  • Nifty