Powered by IT bounce, Sensex reclaims 80K mark for 1st time since Dec 2023

Indian equities extended gains on Wednesday, driven by optimism over easing US-China trade tensions and a rally in information technology (IT) stocks. The Sensex reclaimed the 80,000 mark for the first time since December 18, 2024, closing at 80,117 — a gain of 521 points (0.6 per cent). The Nifty rose 162 points (0.7 per cent) to settle at 24,329. Both indices gained for the seventh consecutive session.