Stock market today: Nifty50 closes above 25,000; BSE Sensex rises over 450 points

3 months ago 105K
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In a strong showing today, the Indian stock markets witnessed significant gains. The NSE Nifty50 climbed by 148 points, marking a 0.60% increase, to close at an impressive 25,001.15. This milestone reflects growing investor confidence and a positive market sentiment, driving the index past the 25,000 mark for the first time in recent sessions. Meanwhile, the BSE Sensex also experienced a robust upward movement, gaining over 450 points to settle at 82,176.45. This surge was fueled by strong performances in key sectors such as technology, finance, and consumer goods. Analysts attribute this rally to favorable economic indicators and encouraging corporate earnings reports that have bolstered market optimism. Market participants are now keenly observing global economic trends and domestic policy developments that could influence future market directions. The upbeat close of both indices today suggests a resilient market poised for potential growth, as investors remain cautiously optimistic about the economic outlook.

— Authored by Next24 Live