Sensex Today | Stock Market LIVE Updates: Sensex Gains Over 550 Points; Nifty Back Above 23,800; All Sectors in Green 📈
- Upward Momentum Continues 📊: Indian benchmark indices opened higher for the seventh consecutive session on Tuesday, fueled by strong performances in banking and IT stocks, following U.S. President Donald Trump’s signal of potential tariff exemptions for several countries.
- Top Performers on Sensex 🚀:
- Infosys, TCS, HDFC Bank, UltraTech Cement, and HCL Tech led the rally, rising up to 3%.
- IndusInd Bank, Reliance Industries, Sun Pharma, and Tata Steel opened lower.
- Sector Performance 📉📈:
- The Nifty IT index gained 1.3%, driven by strong performances from LTTS, Infosys, Coforge, Mphasis, and HCL Tech, as tariff concerns eased.
- Stock Market Key Updates:
- Brigade Enterprises shares surged 7% after acquiring 4.4 acres of land for a development project valued at ₹950 crore.
- RVNL shares rose 3% after securing a ₹116-crore Central Railway contract in Nagpur.
- GRSE shares gained 5% following a deal with a German firm for the construction of two multi-purpose vessels.
- IREDA shares jumped 4% ahead of a board meeting to consider a borrowing plan for FY2025-26.
- Global Markets Update 🌍:
- BOJ discussed the possibility of further rate hikes at its January meeting.
- Dollar strengthens as Trump discusses tariff exemptions.
- Gold drops as Trump eases tariff threats and the Fed shows caution over rate cuts.
- Asian stocks advance following Trump’s tariff signals.
- S&P 500 closes sharply higher, driven by rallies in Nvidia and Tesla.
Stay tuned for live updates on Sensex, Nifty, and key stock market movements! 📉📈
