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Sensex And Nifty Snap Losing Streak Following Rallies In Realty, Private Bank, And IT Stocks

India benchmark indices Sensex and Nifty ended their multi-day losing streaks on Thursday, propelled by gains in the realty, private banking, and IT sectors. Experts highlighted key support levels aiding the recovery.

In early trade, the 30-share BSE Sensex jumped 504.32 points to reach 77,416.16 following four days of decline, while some reports indicated an overall jump of 628 points. The 50-share NSE Nifty climbed 118.85 points to 24,198.55, bouncing back after seven days of losses.

Major winners during the session included Eternal, Infosys, Tech Mahindra, Bajaj Finance, Tata Consultancy Services, and HCL Tech. The market rebound tracked a recovery in world markets driven by easing US Treasury yields, alongside fresh foreign fund inflows that improved global risk sentiment and optimism during initial trading. Google Trending Now shows increased search interest in bse sensex.

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