Sensex Rises 188 Points, Nifty at 25,694; IT Stocks Lead Market Gains
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News18•16-01-2026, 15:51
Sensex Rises 188 Points, Nifty at 25,694; IT Stocks Lead Market Gains
- •Indian equity benchmarks closed higher on Friday, with Sensex up 188 points and Nifty at 25,694.
- •The market rally was primarily driven by strong buying in information technology, banking, and capital market stocks.
- •Infosys, Tech Mahindra, HCL Technologies, State Bank of India, and Mahindra & Mahindra were top Sensex gainers.
- •Nifty IT sector significantly outperformed, climbing over 3 percent, while Pharma and Healthcare sectors declined.
- •Global cues were mixed, with US markets closing higher on strong labor data, while Asian markets showed varied performance.
Why It Matters: Indian markets closed higher, led by IT and banking sectors, despite mixed global cues.
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