BSE Sensex surges over 450 points, NSE nifty hits record high

Indian markets surge in Tuesday's trading session, with both the BSE Sensex and the NSE Nifty charting impressive gains, buoyed by a wave of optimism sweeping through the market.

The BSE Sensex surged by 454.67 points, reaching a notable high of 72,186.09, signaling a significant uptick in market sentiment. Similarly, the NSE index recorded a gain of 151.9 points, closing at 21,923.6, reflecting the broader positive trend.

Information technology stocks lead the charge, driven by positive signals from the US economy.

Foreign portfolio investors pour into IT stocks, indicating sustained inflows into the sector.

Oil marketing companies witness a sustained rally, contributing to the overall market surge.

Investors displayed heightened confidence in the evolving global economic landscape, particularly driven by the optimistic signals emanating from the United States. The performance of the information technology sector played a pivotal role in driving this bullish trend, propelled by encouraging signs of a soft landing in the US economy. The IT index rose by a significant 2.92%, with key players like Tata Consultancy Services and HCLTech posting substantial gains.

Oil and gas stocks also witnessed a remarkable surge, extending their rally for the third consecutive session. Companies like Bharat Petroleum Corporation, Hindustan Petroleum Corp, and Indian Oil Corporation recorded gains ranging between 5.3% and 6.2%, contributing significantly to the overall market momentum.

Stay informed with the latest Business News on Times of India. Explore updates on International Business, gain insights with Financial Literacy tips, and make use of Financial Calculators. Don’t forget to check the list of Bank Holidays in 2025, including Bank Holidays in January.


Ready to Master Stock Valuation? ET’s Workshop is just around the corner!