Sensex soars 965 points as IT, banking and auto stocks lead market rally
The Indian stock markets ended on a strong note on Friday, supported by robust buying in auto, information technology (IT), and banking stocks.
The Indian stock markets ended on a strong note on Friday, supported by robust buying in auto, information technology (IT), and banking stocks.
Indian stock markets on Monday recovered smartly from early losses to close marginally higher, led by gains in information technology (IT) stocks.
Indian stock markets ended the week on a positive note on Friday, extending their winning streak to a third consecutive session, with the Nifty closing above the 24,250 mark, supported by buying in IT, pharma, metal and realty stocks.
Over 73,200 jobs were cut in the initial three months of 2026 Q1FY26 by 95 Information Technology (IT) companies, data compiled by Layoffs.fyi said.
Artificial Intelligence is often described as the next phase of Information Technology. This idea has gained widespread acceptance across boardrooms, universities, and policy discussions.
Foreign portfolio investors (FPIs) offloaded Rs 16,422 crore worth of Indian equities last week, according to data from the depositories.
At close, Sensex was at 82,102.10, down 58 points, or 0.07%, while the Nifty 50 settled at 25,169.50, down 33 points, or 0.13%.
The projects given clearance by the government, including Linde India Ltd, which will set up a Global Competency Centre for transport and remote operations in Khordha with an investment of Rs 82 crore, creating 210 jobs.
Confirming the surprise survey, an Income Tax Department spokesperson said the operation is probing charges of tax evasion by Marico.
By 2047, UP will host 15–20 decacorn companies, each worth USD 10 billion, officials said Sunday.
