Stock Market Live: Sensex Surges 550+ Points, Nifty Climbs Above 24,150; IT and Metal Stocks Lead the Rally

Market Update: Indian equity benchmarks continued their upward momentum for a second straight session on Thursday, with the Sensex gaining over 550 points and the Nifty 50 crossing the 24,150 mark. The rally was supported by easing crude oil prices and improving global sentiment following renewed diplomatic discussions between Iran and the United States. Sector Performance: Market sentiment remained broadly positive, with most sectoral indices trading in the green. The IT sector emerged as the top performer, registering gains of nearly 3.5%, driven by strong buying interest in technology stocks. The Nifty Midcap IT index also witnessed robust momentum. Other sectors such as Metals, Consumer Durables, and Chemicals posted solid gains, reflecting broad-based buying across the market. Media was the only sector that traded slightly lower during the session. Market Outlook: The continued strength in benchmark indices, coupled with widespread sectoral participation, indicates positive investor sentiment. Traders will closely monitor global developments, crude oil prices, and upcoming economic data for further market direction. Investment in securities market are subject to market risks. Read all the related documents carefully before investing.