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Stock Market LIVE Updates: Sensex Jumps 200+ Points, Nifty Stays Above 22,500; BEL & ONGC Gain 2% Each

  • By admin
  • March 13, 2025
  • 16 Views

Stock Market LIVE Updates: Sensex & Nifty Trade Higher 📈

  • Benchmark Indices: Sensex and Nifty traded slightly higher on Thursday, following positive trends in global markets.
  • Investor Sentiment: Investors were reassured by softer-than-expected inflation data in both the U.S. and India.
  • Sector Performance: Nine of the 13 major sectors advanced, with IT stocks leading the gains, up by 0.7%.
  • IT Bear Market: The IT index officially entered a bear market on Wednesday, but saw a boost today following favorable inflation data.
  • U.S. Inflation Impact: U.S. consumer prices rose moderately in February, offering temporary relief for IT stocks, as the data didn’t fully reflect the impact of U.S. President Donald Trump’s tariffs.
  • IT Companies’ Benefit: IT companies, especially those reliant on U.S. revenue, gained from the data showing slower inflation.

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