Sensex up over 250 pts, Nifty50 above 24,850 on Infosys buyback plans, banks rally
Indian benchmark indices Sensex and Nifty initiated trading on a positive note, fueled by Infosys' potential share buyback. Gains in banking and consumer discretionary stocks further bolstered the market. Optimism surrounding anticipated GST cuts and growing expectations of a U.S. rate cut this month also contributed to the upward momentum.
Indian benchmark indices Sensex and Nifty initiated trading on a positive note, fueled by Infosys' potential share buyback. Gains in banking and consumer discretionary stocks further bolstered the market. Optimism surrounding anticipated GST cuts and growing expectations of a U.S. rate cut this month also contributed to the upward momentum.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
