Image Source: Deccan Herald
The BSE Sensex touched the 80,000 level for the first time in 2025, closing at 80,116—its four-month high—driven by a seven-session-long rally for the seventh session in a row. The upmove was underpinned by good IT stock gains, led by HCL Technologies, Infosys, and Tech Mahindra, after reporting good quarterly numbers. The Nifty50 also ended at an all-time high of 24,329.
Positive global cues, upbeat US market mood, and hopes of relief from US-China trade tensions also supported the optimism of investors. While IT, auto, and pharma sectors led the pack, there was some profit-booking in banking shares. Experts are optimistic, citing sustained foreign inflows, soft RBI stance, and potential India-US trade agreements as the forces behind the market's upward journey.
Sources: CNBC-TV18, Indian Express, Times of India
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