Indian markets were upbeat due to a stable political environment, bolstered by a surge in heavyweights such as Reliance, Ultratech, and IT stocks. The Nifty50 surpassed 24000, a key psychological mark, for the first time, setting a new all-time high. India VIX gained 5% to reach near the 14 mark. Sector-wise, telecom, IT, and energy remained upbeat, whereas realty, metal, and PSU banks were the top losers. FIIs were net buyers in the cash market this week Indian markets were upbeat due to a stable political environment, bolstered by a surge in heavyweights such as Reliance, Ultratech, and IT stocks. The Nifty50 surpassed 24000, a key psychological mark, for the first time, setting a new all-time high. India VIX gained 5% to reach near the 14 mark. Sector-wise, telecom, IT, and energy remained upbeat, whereas realty, metal, and PSU banks were the top losers. FIIs were net buyers in the cash market this week
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NIFTY IT Index Bullish Trend
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