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Closing Bell: Sensex Closes Up 330 Pts, Nifty Ends Above 24,876; IT Stocks Top Gainers

Gifty Nifty started the day on a positive note, trading strong at 24,955, up 0.23% around 8:30 am, hinting at upward movement in the market today. The upbeat start comes after Indian equities closed in the green on Monday. The Sensex ended the session at 80,787.30, gaining 76.54 points or 0.095%, while the Nifty50 settled at 24,773.15, higher by 32.15 points or 0.13%.

Closing Bell: Sensex Closes Up 330 Pts, Nifty Ends Above 24,876

Asian markets were also in the green this morning, taking cues from Wall Street, where U.S. stocks closed higher on Monday. The Nasdaq even touched a record high,while the S&P 500 also moved up. The optimism comes from expectations that the U.S. Federal Reserve may soon cut interest rates to support economic growth.

Back home, traders will keep a close watch on foreign investor flows and sectoral performance, especially banking, IT, and energy stocks, to see if the market can sustain these levels through the day

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