Sensex Flexes: Markets Lift Off with a 600-Point Sprint!

Indian share markets surged on Wednesday, with the Sensex rising more than 600 points to 73,591.47 and Nifty going above 22,280. IT shares led the revival, with Coforge spiking almost 10% after it bagged a $1.56 billion deal. The recovery comes after weeks of a losing trend, which brought relief to Dalal Street traders. Strong Asian market signals and a correction in world equity markets helped fuel the rally. Experts believe the rally is due to favorable valuations in mid- and small-cap stocks after recent corrections. The market's strength despite continuing worries over US tariffs indicates room for further growth in the days ahead.

 

Source: India Today, March 5, 2025