Sensex Reclaims 81K, Nifty Surges Past 24,500 as Defence, IT Stocks Lead Rally; Mid and Small Caps Outperform

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In a robust trading session today, the Bombay Stock Exchange (BSE) Sensex reclaimed the 81,000 mark, while the National Stock Exchange (NSE) Nifty surged past 24,500, fueled by strong gains in the defence and information technology (IT) sectors. The market showed positive momentum across all segments, with mid-cap and small-cap stocks outperforming their large-cap counterparts.




The Sensex soared to an all-time high, closing 350 points higher at 81,050, marking a remarkable recovery in investor sentiment. The Nifty also witnessed an impressive rally, gaining over 150 points to settle at 24,520, driven by the performance of key sectors.

Defence stocks witnessed a sharp uptick, with major players such as Bharat Dynamics and Hindustan Aeronautics Ltd (HAL) leading the charge on the back of positive developments in defense procurement and increased government spending in the sector. The IT sector also saw a surge, with Infosys, TCS, and HCL Technologies contributing significantly to the rally as strong quarterly earnings and favorable global trends buoyed investor confidence.

Mid-cap and small-cap indices led the broader market rally, with several stocks in these categories touching new highs. This surge reflects the growing investor interest in companies with robust growth potential outside the large-cap space.

Market analysts attribute the rally to improving global economic outlook, strong domestic fundamentals, and a positive policy environment. They also point to the continued inflow of foreign direct investment (FDI) and the government's focus on infrastructure and defence, which is expected to further support economic growth in the coming months.

As the market continues to climb, experts advise investors to maintain a diversified portfolio, with a particular focus on sectors like IT, defence, and infrastructure that are poised for sustained growth.

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