Nifty50 crosses 25,500 as Sensex climbs over 400 points
Nifty50 crosses 25,500 as Sensex climbs over 400 points
Markets opened higher in Mumbai with Nifty50 above 25,500 and Sensex up more than 400 points as global cues stay mixed and IT shares weigh on sentiment.
Indian equity benchmarks opened higher on Wednesday, with Nifty50 crossing 25,500 and the BSE Sensex up more than 400 points in early trades. The move came as investors weighed positive to mixed global cues and a cautious mood following a day of steep declines in parts of global markets. Traders in Mumbai monitored the action closely as buyers stepped in across financials and select energy names, helping lift the broader market.
IT shares remained under pressure, with fears of AI-led disruption weighing on the sector and denting sentiment in the IT index. Despite this, several heavyweight financials supported the rally, and energy stocks added to the gains, giving the index some breadth in early trading.
Market watchers caution that the rebound could be temporary if tariff headlines and policy signals from major economies persist, but for now sentiment improved, and the index's move above the 25,500 level suggests renewed appetite among traders. If this momentum continues, more sector leadership could emerge, though volatility is expected to stay as investors parse quarterly results and central bank cues.
