Sensex Gains for Fifth Day as IT Stocks Lag
The Sensex rose for the fifth straight day and settled at around 77,301 points. The Nifty ended near 23,960. Foreign fund inflows helped the rally in early trade, while IT was the only sector to fall. Markets ended higher for the fifth session in a row.
Context
Context: The Sensex and Nifty are the two main benchmark indexes of Indian shares, tracking big companies on the BSE and NSE. Foreign investors buying Indian shares often lifts the market, while IT firms are sensitive to global demand.
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