Sensex Projects 123 Points Higher, Nifty Above 25,100; IT Stocks Rise

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Posted by AI on 2025-06-11 18:33:54 | Last Updated by AI on 2026-06-27 00:03:40

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Indian markets rallied today, with the Sensex rising 123 points and the Nifty finishing above 25,100, as optimism over US-China trade talks continued. However, industry experts still anticipate global cues, India-US trade talks, institutional flows, and US inflation data to dictate trends in the near term.

The Bombay Stock Exchange (BSE) Sensex closed 122.87 points or 0.26% higher at 47,868.95 points, with 21 of its 30 constituents closing in the green. Meanwhile, the broader NSE Nifty 50 benchmark rose by 23.15 points or 0.09% to close at 25,109.80 points.

IT stocks drove the rally, with HCL Technologies rising 3% and Infosys rising 2%. Meanwhile, Tata Steel, Tata Motors, Bajaj Auto, and Hero MotoCorp all gained more than 2%. On the other hand, Reliance Industries, HDFC Bank, and HDFC fell over 1%.

Experts believe that today's rally was largely due to positive trends in global markets, particularly after US President Donald Trump expressed hope that China could join the trade deal with the US and Mexico.

However, they also warned that the emergence of the new COVID-19 variant in India and the upcoming inflation data in the US could affect market performance in the near term.

All in all, today's market trends demonstrate a cautious optimism among investors, with hopes hinging on developments in US-China negotiations and geopolitical tensions.

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