Both Sensex and Nifty made new all-time highs of 80,893 and 24,592 respectively.
At 12.50 am, Sensex was at 80,482, up 585 points or 0.73 per cent and Nifty was at 24,488, up 172 points or 0.71 per cent.
Midcap stocks are performing poorly compared to large caps. The Nifty Midcap 100 index is down 70 points or 0.12 per cent at 57,077. While the Nifty Smallcap 100 index is up 54 points or 0.29 percent at 18,974.
Among sectoral indices, Nifty IT is at 38,985 with a gain of 4.44 per cent. Apart from this, growth is also being seen in Media, Fin Service, Service Sector and Private Bank indices.
TCS (6.5 per cent), Wipro (4.75 per cent), Infosys (3.39 per cent), Tech Mahindra (3.17 per cent) and HCL Tech (3.08 per cent) are the top gainers in the Sensex pack. NTPC, Maruti Suzuki, UltraTech Cement, Kotak Mahindra Bank, Asian Paints and Sun Pharma were the top losers with losses of around half a per cent.
The country's largest IT company Tata Consultancy Services (TCS) released the results for the first quarter of FY25 on Thursday. On annual basis the company's profit has increased to Rs 12,040 crore. Between April and June, the IT major's revenue grew 5.4 per cent year-on-year to Rs 62,613 crore. The company had also announced an interim dividend of Rs 10 per share to investors.
Shrey Jain, Founder and CEO, SAS Online, said, “Overall, the market is demonstrating strong resilience, with investors eagerly buying on dips in prices. Market movements today will be influenced by US inflation data released tomorrow. "
At 12.50 am, Sensex was at 80,482, up 585 points or 0.73 per cent and Nifty was at 24,488, up 172 points or 0.71 per cent.
Midcap stocks are performing poorly compared to large caps. The Nifty Midcap 100 index is down 70 points or 0.12 per cent at 57,077. While the Nifty Smallcap 100 index is up 54 points or 0.29 percent at 18,974.
Among sectoral indices, Nifty IT is at 38,985 with a gain of 4.44 per cent. Apart from this, growth is also being seen in Media, Fin Service, Service Sector and Private Bank indices.
TCS (6.5 per cent), Wipro (4.75 per cent), Infosys (3.39 per cent), Tech Mahindra (3.17 per cent) and HCL Tech (3.08 per cent) are the top gainers in the Sensex pack. NTPC, Maruti Suzuki, UltraTech Cement, Kotak Mahindra Bank, Asian Paints and Sun Pharma were the top losers with losses of around half a per cent.
The country's largest IT company Tata Consultancy Services (TCS) released the results for the first quarter of FY25 on Thursday. On annual basis the company's profit has increased to Rs 12,040 crore. Between April and June, the IT major's revenue grew 5.4 per cent year-on-year to Rs 62,613 crore. The company had also announced an interim dividend of Rs 10 per share to investors.
Shrey Jain, Founder and CEO, SAS Online, said, “Overall, the market is demonstrating strong resilience, with investors eagerly buying on dips in prices. Market movements today will be influenced by US inflation data released tomorrow. "
