Sensex jumps 513 points as IT stocks steal the spotlight
Indian stock markets made a strong comeback on Wednesday, with the Sensex climbing 513 points to 85,186 and Nifty up by 143 points to 26,052.
The rally was powered by big gains in IT companies and fresh foreign investment.
Why does this matter?
If you're following the markets or thinking about investing, this bounce shows renewed confidence after some recent ups and downs.
Infosys led the charge, rising 3.7% just before its ₹18,000 crore share buyback kicks off.
Other tech giants like HCL Tech and TCS also saw solid gains, signaling that investors are betting big on IT right now.
What's behind the surge?
The momentum came from strong performances by large-cap IT firms—think Infosys's buyback buzz—as well as steady foreign fund inflows.
While blue-chip stocks soared, mid-caps barely moved and small-caps dipped a bit, showing investors are being selective about where they put their money.
If you held Infosys shares on November 14, you're eligible for their buyback offer open until November 26.