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Despite a major Sensex drop, top Indian IT firms surged, boosting market value.
Despite a 338.3-point decline in India’s Sensex, six of the country’s top 10 companies gained a combined ₹75,257 crore in market value.
Tata Consultancy Services and Infosys led the rise, adding ₹22,595 crore and ₹16,972 crore respectively, driven by strong IT sector performance.
State Bank of India, Bharti Airtel, and Larsen & Toubro also gained, while financial firms including HDFC Bank, LIC, ICICI Bank, and Bajaj Finance saw losses, with HDFC Bank dropping the most.
Market analysts noted key technical levels, warning that a fall below 25,700 could trigger further selling.
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A pesar de una importante caída en el Sensex, las principales firmas indias de TI aumentaron, impulsando el valor de mercado.