Sensex Turns Positive, Gains 0.1% Amid IT Sector Rally

The BSE Sensex rebounded in morning trade, climbing 0.1% to turn positive after opening lower. The rally was driven primarily by technology stocks, which continued their upward momentum following last week’s selloff. The Nifty IT index rose over 0.5% at the open, emerging as the best-performing sector.

Market analysts noted that while IT led the gains, financials and auto stocks remained under pressure, reflecting sectoral divergence. Investors are closely monitoring global market signals, GDP growth trends, and inflation data, which will shape near-term sentiment.

Key Highlights:

• Sensex Performance: Up 0.1% after a weak start.
• Sectoral Leaders: IT stocks rally, extending gains.
• Sectoral Laggards: Financials and auto stocks under pressure.
• Investor Sentiment: Cautious optimism amid mixed global cues.
• Outlook: Focus on macroeconomic data and foreign institutional flows.

The rebound underscores IT’s resilience as a growth driver, while broader markets remain sensitive to global and domestic economic signals.

Sources: The Economic Times Market Live, Daily Financial Market Trends