20 August 2025, 15:25 India: Sensex Extends Rally to 5th Day.
India's BSE Sensex added about 0.3% to close at 81,857.8 on Wednesday, a fresh high since July 24 and extending its winning streak to five sessions. US-exposed IT stocks led the rally ahead of the Federal Reserve's Jackson Hole symposium, while consumer stocks continued to advance on expectations that lower GST rates will boost demand and earnings. A likely 25-basis-point Fed rate cut next month is expected to support economic growth in the US and enhance demand for Indian technology products. Market sentiment was further supported by strong domestic inflows. Among key movers, Infosys climbed nearly 4%, leading the IT sector’s rally, with TCS, Tech Mahindra, and HCL Technologies also posting notable gains. Hindustan Unilever, NTPC, Tata Steel, Tech Mahindra and Eternal were also among the top performers. On the downside, Bharat Electronics slipped over 2%, with Bajaj Finance, Tata Motors and Trent also among the biggest laggards.
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