Stock market rally: Sensex rises over 750 points, Nifty50 crosses 24,250 - top reasons for rise
Sensex rose over 750 points and Nifty50 crossed 24,250, both gaining 1% led by IT and banking stocks.
Tech Mahindra reported Q1 FY27 earnings above expectations, driving a rally in IT stocks.
HCL Tech announced a seven-year partnership with The Guardian Life Insurance Company of America to accelerate AI-driven modernisation.
Reliance Industries shares climbed over 2% ahead of its Q1 FY2027 results announcement.
Global markets slumped: Japan's Nikkei fell over 5%, Taiwan's Weighted Index dropped 6%, and Hong Kong's Hang Seng and China's Shanghai Composite declined over 2%.
Story angle
Center-right
Mostly straight facts, with a light government- or market-friendly tilt.
About how the story is framed, not whether the facts are true.
Times of India
Center-right
Mixed factuality
Who owns this?
Times Group
Bennett, Coleman & Co. (Sahu Jain family)
India's largest newspaper group by circulation.
Wikipedia: Sahu Jain family