Stock Market Sensex Jumps Nearly 1000 Points, Nifty Stays Above 24,050; Banking and IT Stocks Drive Rally

Indian benchmark indices extended their gains in afternoon trade on Wednesday, supported by sustained buying interest in banking, IT, and real estate stocks. , the Sensex had advanced 877.42 points, or 1.15%, to 77,078.10, while the Nifty climbed 225.05 points, or 0.94%, to 24,049.15. Market sentiment remained positive, with advancing stocks outnumbering decliners, as nearly 2,000 shares traded higher against 1,858 declines. The IT sector emerged as the top performer, while private banking and realty stocks also witnessed strong buying momentum. Broader markets remained upbeat, with both mid-cap and small-cap indices trading in positive territory. Meanwhile, India VIX dropped more than 3%, indicating a decline in market volatility and improving investor confidence. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing