Bulls strike! Sensex soars 800 pts after ₹10 tn rout

What happened: Sensex jumped over 800 points to 72,472 and Nifty 50 gained over 250 points to close above 22,500, after a prior rout. ITC rose nearly 5%, with TCS, Infosys, HCL Tech and others leading gains. Key numbers: Sensex 72,472, up over 800 points. Nifty 50 above 22,500, up over 250 points. BSE market cap up over Rs 4 lakh crore to nearly Rs 465 lakh crore. Why it matters: Gains followed Trump saying no US strike on Iran before November midterms, easing oil supply concerns. Nifty IT rose 3%. Analysts cited a possible relief rally, with 22,000 as support and 22,800 as a key level.

Sensex jumped over 800 points to 72,472 and Nifty 50 gained over 250 points to close above 22,500, after a prior rout. ITC rose nearly 5%, with TCS, Infosys, HCL Tech and others leading gains.

Gains followed Trump saying no US strike on Iran before November midterms, easing oil supply concerns. Nifty IT rose 3%. Analysts cited a possible relief rally, with 22,000 as support and 22,800 as a key level.