Daily Market Desk – June 24, 2025: Sensex Rebounds as IT Stocks Rally

Sensex recovered 300 points today amid a rally in IT stocks and easing global inflation fears. Read which sectors led the gain and what to watch next.

Market Pulse – June 24, 2025

  • Sensex: 77,820 (+0.39%)
  • Nifty 50: 23,370.50 (+0.35%)
  • Bank Nifty: 50,550 (+0.64%)

Indian markets bounced back today as optimism returned in the IT space, particularly after positive Q2 commentary from global tech firms. This helped offset weakness in the banking sector.

Top Gainers & Movers

StockChangeReason
TCS+2.1%Strong earnings outlook
Infosys+1.9%Upbeat commentary from global partners
Bajaj Finance+1.4%Consistent momentum post bonus split
SBI-0.7%Profit booking after recent gains

Quick Insight

“Today’s rally in IT stocks reflects renewed investor confidence after digesting the global macro news and tech earnings cycle,” noted a domestic broker.

What to Watch Next

  • Global inflation prints (U.S. CPI due tomorrow)
  • Q1 guidance from Indian IT majors next week
  • FII/DII flow trends in the coming sessions

❓ FAQs

Q. Why did IT stocks rally today?
Positive global earnings and investor confidence in upcoming results lifted IT stocks, boosting the market.

Q. Should I go long on IT or defensive stocks?
If you’re risk-tolerant, selective IT exposure can help. Otherwise, defensive plays like FMCG or pharma may provide stability.