Sensex, Nifty bounce back after 4-day dip; TCS, SBI Life shine
Indian stock markets finally snapped their losing streak on Wednesday—Sensex climbed 159 points to 85,265 and Nifty rose 48 points to 26,034.
Big names like TCS, SBI Life, Tech Mahindra, and Adani Enterprises led the rebound with gains up to 2%.
Still, not all sectors were in the green and broader markets faced some resistance.
What else moved: rupee boost and sector shakeups
A stronger rupee (now below ₹90 per dollar) gave IT stocks a lift—L&T Technology Services jumped 4%.
Defense stocks like Bharat Dynamics gained ahead of Putin's India visit.
Hindustan Copper soared over 7% thanks to record copper prices.
On the flip side, Biocon dropped over 5% before its board meeting and InterGlobe Aviation slipped due to flight disruptions.
Meanwhile, quick-service restaurant chains Devyani International and Sapphire Foods got a boost on merger buzz.