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Sensex gains 566 points as IT stocks surge, AI optimism offsets tariff woes

Business Standard LogoBusiness Standard5h ago

Sensex gains 566 points as IT stocks surge, AI optimism offsets tariff woes - Business Standard

Quick Summary:

The Sensex ended the session at 76,405, up 566 points, or 0.75 per cent.

The Nifty 50 index closed at 23,155, gaining 131 points, or 0.

IT stocks rallied after US President Donald Trump announced a private sector investment of up to $500 billion to fund AI infrastructure on Tuesday.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 19:18:33 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 438 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25342829

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 294 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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