Brief by Shorts91 Newsdesk / 11:36am on 17 Apr 2025,Thursday Business
Indian stock markets staged a strong rebound on Thursday, with the Sensex soaring 1,508.91 points to 78,553.20 and the Nifty climbing 414.45 points to 23,851.65. Early losses led by IT stocks reversed as banking and financial services stocks saw strong buying interest. Zomato, Sun Pharma, and ICICI Bank were among the top gainers. Analysts attributed the rally to easing volatility, improving FII flows, and optimism around U.S.-India trade talks. Expectations of better margins for financials due to changing deposit rates also played a role. Investor sentiment remains upbeat despite global trade concerns and early market jitters. (PC: India Today)
