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Sensex jumps 889 points, Nifty reclaims 24,250 as IT, FMCG stocks rally
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The Shillong Times
The Sensex surged 889 points, or 1.16 per cent, to close at 77,654.60, while the Nifty advanced 265 points, or 1.10 per cent, to settle at 24,250.20.
Commenting on Nifty technical outlook, experts said that the 24,300–24,400 zone, which also aligns with the 200-day Exponential Moving Average (EMA), remains the immediate resistance band.
Among the Nifty constituents, Hindustan Unilever and Infosys emerged as the top gainers, contributing to the benchmark indices’ strong performance.
Sectorally, the Nifty IT, Nifty Metal and Nifty FMCG indices led the gains, supported by sustained buying interest in technology, consumer goods and metal stocks.
In contrast, the Nifty Realty and Nifty Auto indices underperformed the broader market, ending with relatively muted gains compared with other sectors.