Indian Stock Markets Rebound on Feb 25; Sensex and Nifty Trade Higher
Indian stock markets opened higher on February 25 after the previous day’s sharp fall. Sensex and Nifty gained amid strength in IT and private banking stocks.
Prasanth Subramani
After witnessing a sharp decline yesterday, Indian stock markets rebounded today (February 25) and traded in positive territory. The upward movement was supported by steady performance in IT and private banking stocks.
The BSE Sensex opened at 82,530.12 and, by 11:30 AM, gained 504.19 points to trade at 82,730.11. Similarly, the NSE Nifty rose 179.40 points to reach 25,589.35 during morning trade.
Among the 30 Sensex stocks, Infosys, Tech Mahindra, TCS, and HCL Technologies surged between 2% and 3%. Other major gainers included IndiGo, Power Grid Corporation, Larsen & Toubro, Tata Steel, and ICICI Bank, which posted notable gains.
In the broader market, the Nifty Midcap 100 index climbed 0.6%, while the Smallcap 100 index rose 0.8%. Sector-wise, the Nifty IT index led the rally with a 2.8% gain, followed by the metals index, which advanced 2.5%.
Overall, the market showed signs of recovery after the previous session’s heavy losses, driven by buying interest in technology and banking stocks.
