Stock Markets Rally for 3rd Day; Sensex Climbs 221 Pts, L&T Leads Gains
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News18•29-01-2026, 16:15
Stock Markets Rally for 3rd Day; Sensex Climbs 221 Pts, L&T Leads Gains
- •Benchmark indices Sensex and Nifty closed higher for the third consecutive day, with Sensex gaining 221.69 points and Nifty rising by 76.15 points.
- •Larsen & Toubro (L&T) was a major driver, climbing 3.66% after its Q3 consolidated revenue increased by 10% to Rs 71,450 crore.
- •The Economic Survey 2025-26 projected India's GDP growth at 6.8-7.2% for the next fiscal year, contributing to positive market sentiment.
- •Global market rallies and fresh foreign fund inflows also supported the recovery from early losses.
- •Tata Steel, Axis Bank, Eternal, NTPC, Adani Ports, and ICICI Bank were among other significant gainers.
Why It Matters: Indian stock markets extended gains for a third day, driven by L&T's strong earnings and positive economic outlook.
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