Sensex Rises Over 100 Points, Nifty Crosses 24,600; Bitcoin Reaches All-Time High

Market Updates: Indian equity benchmarks, Sensex and Nifty, opened higher on Thursday, mirroring positive cues from broader Asian markets. However, market gains remained subdued due to investor wariness ahead of anticipated Russia-U.S. talks concerning the Ukraine crisis. The trading week was also shortened by a public holiday, contributing to the cautious sentiment. Sectoral Performance Out of the 16 major industry groups, 10 ended in the green, though most gains were modest. Broader indices, including small-cap and mid-cap stocks, also moved upward. Among sectors, information technology and pharmaceutical stocks led the charge, outperforming other segments and driving Nifty’s upward momentum. Key Market Highlights

: Shares declined by 5% following a dip in Q1 earnings. Despite the drop, analysts maintain a positive outlook. Cement: Stock slipped more than 5% after its market debut. Expert advice remains divided on future prospects. l Mega Mart: Shares rallied 8% after a 37% year-on-year increase in Q1 net profit. Finance: Hit the 10% upper circuit after posting a robust 65% YoY rise in Q1 profit.