Bulls fight back as Sensex stages 700-point comeback. 4 factors driving the rally

What happened: Sensex and Nifty recovered after a short dip into negative territory on Friday morning, with the Sensex staging a 700-point comeback. IT stocks extended gains for a fourth straight session. Key numbers: Sensex staged a 700-point comeback. IT sector rose for the fourth consecutive session. Why it matters: Tech Mahindra and Infosys surged, lifting the sectoral index, while the broader market outlook stayed optimistic after a notable rise earlier in the week.

Sensex and Nifty recovered after a short dip into negative territory on Friday morning, with the Sensex staging a 700-point comeback. IT stocks extended gains for a fourth straight session.

Tech Mahindra and Infosys surged, lifting the sectoral index, while the broader market outlook stayed optimistic after a notable rise earlier in the week.