Bull Run: Sensex Up 500 Points, Nifty Breaches 26,000 on HCLTech Gains

Sensex surges 513 points, Nifty crosses 26,000 on IT rally amid US-India trade optimism.

Benchmark indices closed higher on Wednesday, led by IT stocks and renewed optimism over a potential US-India trade deal. The S&P BSE Sensex jumped 513.45 points to 85,186.47, while the NSE Nifty50 rose 142.60 points to 26,052.65.

HCL Technologies led the gainers with a 4.32% jump, followed by Infosys (3.74%) and TCS (1.99%). Hindustan Unilever and Sun Pharma also advanced, rising 1.54% and 1.39%, respectively.

On the other hand, Tata Motors PV slipped 2.79%, Maruti Suzuki fell 1.28%, and Adani Ports, Bajaj Finance, and Asian Paints also ended lower.

“Large caps led the gains, supported by hopes of a Fed rate cut and currency tailwinds. Nifty could attempt fresh highs above 26,100, but investors should remain selective, focusing on strong large- and mid-cap sectors,” said market experts.