Benchmark stock market indices continued their positive momentum on Wednesday, closing higher for the third consecutive session. However, the gains were partly offset by a dip in information technology (IT) stocks.
The S&P BSE Sensex rose by 147.79 points, settling at 75,449.05, while the NSE Nifty50 added 73.30 points to close at 22,907.60. Despite the positive closing, IT stocks were a drag on the market, affecting overall sentiment.
This continued rally shows investor confidence, but sectoral performance remains mixed, with the IT sector underperforming. The broader market sentiment remains positive, though stock-specific movements are expected in the coming days.
This is a developing story.
