The Sensex hit an all-time high of 85,955.5 points, while the Nifty index tested the 26,200 mark, driven by significant gains in the IT sector. The surge was largely attributed to encouraging results from Accenture, which boosted investor confidence in Indian IT stocks.
The BSE IT index saw a substantial jump of 2.5%, reflecting the strong performance of major IT companies. Among the top gainers were Infosys, TCS, and Wipro, which saw notable increases in their share prices.
Overall market sentiment remained positive, supported by robust global cues and strong domestic economic indicators. Analysts predict that the market may continue its upward trajectory, provided there are no major geopolitical or economic disruptions.
This remarkable rise in the indices underscores the resilience of the Indian stock market, particularly in the technology sector, which continues to attract significant investor interest.
