The day’s gains were largely fueled by IT stocks, with easing global macroeconomic concerns and a rebound in tech spending sentiment bolstering investor confidence
Shares of HCL Technologies Ltd., Tech Mahindra Ltd., Tata Motors Ltd., Infosys Ltd., and Mahindra & Mahindra Ltd. were among the top gainers on Wednesday.
On the flip side, HDFC Bank Ltd., Kotak Mahindra Bank Ltd., State Bank of India, Axis Bank Ltd., and ITC Ltd. featured among the top laggards.
The BSE Sensex extended its winning streak for a seventh consecutive session, rising 0.65 per cent or 520.90 points to close at 80,116.49. The NSE Nifty also climbed 0.67 per cent or 161.70 points, ending the day at 24,328.95.
Top gainers
HCL Technologies led the rally, soaring 7.72 per cent to ₹1,594.30, buoyed by robust Q4 earnings and strong guidance for FY26. Tech Mahindra surged 4.63 per cent to ₹1,439.30, driven by optimism in the IT services segment.
Tata Motors gained 4.59 per cent to end at ₹659.90, while Infosys advanced 3.69 per cent to ₹1,474.85. Mahindra & Mahindra rounded off the top five, rising 3.56 per cent to ₹2,917.40.
Top losers
HDFC Bank was the biggest laggard, slipping 1.98 per cent to ₹1,923.10. Kotak Mahindra Bank followed, declining 1.80 per cent to ₹2,226.70.
State Bank of India dropped 1.11 per cent to ₹813.30, while Axis Bank lost 0.87 per cent to ₹1,206.50. ITC fell 0.68 per cent to ₹430.75.
The day’s gains were largely fueled by IT stocks, with easing global macroeconomic concerns and a rebound in tech spending sentiment bolstering investor confidence.
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Published on April 23, 2025