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Sensex reclaims 80K after 4 months
Business Standard
|April 24, 2025
Buoyed up by IT rally, benchmarks gain for 7th straight session — longest winning streak in 7 months
Indian equities extended gains on Wednesday, driven by optimism over easing US-China trade tensions and a rally in information technology (IT) stocks. The Sensex reclaimed the 80,000 mark for the first time since December 18, 2024, closing at 80,117 — a gain of 521 points (0.6 per cent). The Nifty rose 162 points (0.7 per cent) to settle at 24,329. Both indices gained for the seventh consecutive session.
The Sensex and Nifty have had two seven-session winning streaks in the past five weeks — the longest since August 20 to September 2, 2024.
Sentiment was further buoyed up by US President Donald Trump's reassurance on Tuesday that he does not plan to dismiss Federal Reserve (Fed) Chair Jerome Powell.
Over this period, the total market capitalization of BSE-listed firms surged by ₹36.7 trillion, reaching ₹430.5 trillion.
Cette histoire est tirée de l'édition April 24, 2025 de Business Standard.
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