Indian Sensex climbs 400 points as Nifty rises past 24,100
The Indian stock market bounced back on Monday, with the Sensex climbing over 400 points to trade above 77,200 and Nifty rising nearly 100 points past 24,100.
This rebound follows Friday's dip that paused a week-long winning streak.
While volatility ticked up slightly (India VIX was up over 2%), the mood was mostly upbeat.
HCL Tech Infosys Tech Mahindra rise
IT giants like HCL Tech, Infosys, and Tech Mahindra led the charge, each gaining close to 1% after last week's setback from Accenture's outlook cut.
Smaller and mid-sized companies also saw action: Nifty Smallcap 100 and Nifty Midcap 100 indices both rose more than 0.4%.
Around 1,916 stocks advanced and 583 declined on NSE, while 143 remained unchanged, and it's clear investors are feeling optimistic about strong earnings across the board.