Indian equity markets witnessed a strong rally on June 24, with the BSE Sensex jumping more than 500 points and the NSE Nifty approaching the crucial 23,950 mark. Positive global cues, easing crude oil prices and strong buying in key sectors helped lift investor sentiment.
Indian equity markets opened sharply lower on Friday, ending a five-session winning streak as heavy selling in information technology stocks weighed on investor sentiment. The decline followed a cautious business outlook from global technology giant Accenture, which sparked concerns about demand trends and discretionary spending in the IT sector.
