The BSE Sensex surged 1,000 points today, while the Nifty50 crossed the 24,250 mark, driven by strong buying in the IT sector despite global market volatility.
Major IT firms including TCS, Infosys, and Wipro saw gains of up to 9%, bucking the broader Asian tech slump caused by recent AI-related market corrections.
Analysts attribute the rebound to positive quarterly earnings reports and renewed interest from foreign institutional investors looking for value in Indian tech stocks.