SENSEX up 300 points, NIFTY50 above 25,400 as IT stocks shine on Fed rate cut; Infosys, Wipro top gainers
Among sectors, Nifty IT jumped 1.49% in early trade, followed by Nifty Media (0.52%) and Nifty Realty (0.38%). Nifty Metal (-0.24%) and Nifty PSU Bank (-0.05%) were the only laggards. The IT rally was led by LTIMindtree (2.56%), Infosys (2.04%), and Wipro (1.88%)
Among sectors, Nifty IT jumped 1.49% in early trade, followed by Nifty Media (0.52%) and Nifty Realty (0.38%). Nifty Metal (-0.24%) and Nifty PSU Bank (-0.05%) were the only laggards. The IT rally was led by LTIMindtree (2.56%), Infosys (2.04%), and Wipro (1.88%)
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