Today Stock Market LIVE Updates: Sensex Jumps 450 Points, Nifty Nears 24,900; IT, FMCG Stocks Lead Rally
India’s benchmark indices Sensex and Nifty50 opened on a strong footing on Wednesday, rebounding from a nearly 1% decline in the previous session. The rally was supported by gains in banking, auto, and IT stocks. However, persistent concerns over foreign fund outflows may limit further upside.
As of the latest update, the Sensex is up over 450 points, while the Nifty is approaching the 24,900 mark.
Sectoral Snapshot:
Gainers: Nifty Auto, Bank, FMCG, Pharma, and Realty indices rose up to 1.5% in early trade.
Losers: Consumer Durables and Oil & Gas sectors slipped by as much as 0.7%.
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