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Nifty Scales 24,500 As TCS Powers Strong Rally In IT Index | Ajay Bagga's Market View | Closing Bell

The Nifty index reached a new high, surpassing 24,500, while the Sensex surged over 600 points. The benchmark indices outperformed the broader markets, although market breadth was tilted towards losers, with an advance-decline ratio of 2:3. The IT index surged over 4%, driven by a strong performance from TCS in Q1. Energy and FMCG sectors were among the gainers, while realty, PSU banks, and autos lagged. Catch Nandita Khemka in conversation with Market Expert Ajay Bagga on Closing Bell.

first published: Jul 12, 2024 03:37 pm

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