Sensex Surges, Nifty Breaks 23,090 as Markets Rebound Amid Global Uncertainty

Indian markets opened on a positive note on Friday, February 14, 2025, breaking a seven-day losing streak. The Sensex gained over 250 points, opening at 76,388.99, while the Nifty 50 started at 23,096.45. This rebound comes despite mixed global cues, with easing Russia-Ukraine tensions and a delay in U.S. tariff impositions until April providing some relief. Banking and financial stocks led the gains, responding to domestic inflation data that hinted at potential rate cuts. However, the IT sector faced pressure due to higher-than-expected U.S. consumer inflation. Investors are closely watching the market's reaction to recent geopolitical developments and economic indicators.

 

Source: Latestly, MoneyControl, Economic Times