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Below the Quote on Markets by Mr. Vikram Kasat, Head - Advisory, PL Capital - Prabhudas Lilladher

“Indian markets ended sharply higher today, with the Sensex rallying over 1,000 points and the Nifty closing above the 24,300 mark. Broad-based buying across sectors lifted sentiment, led by oil and gas, pharma, metals, and PSU banks, while IT stocks remained under pressure. Reliance Industries, SBI Life, Bharat Electronics, Sun Pharma, and JSW Steel featured among the top gainers, whereas Shriram Finance and HCL Technologies dragged. Earnings action remained in focus. The rupee closed 41 paise stronger at 85.03 against the U.S. dollar. While the rally brought cheer, rising geopolitical tensions between India and Pakistan kept traders slightly cautious.”

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