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Sensex surges 1,000 points, Nifty tops 24,250 led by IT sector rally

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Indian equity markets posted strong gains on Wednesday, with the BSE Sensex climbing 1,000 points and the Nifty50 crossing the 24,250 mark. The rally was primarily driven by a sharp recovery in information technology sector stocks. Broader markets also participated in the upswing, with the Nifty Midcap 100 and Nifty Smallcap 100 indices each gaining up to 0.6%. The across-the-board advance signals renewed investor confidence spanning large-cap as well as mid- and small-cap segments.

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Sensex surges 1,000 points, Nifty tops 24,250 led by IT sector rally · ShortSingh