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Wednesday, February 5, 2025

Indian markets close strong: Sensex up 1,400 points, Nifty near 24,200

Indian stock markets started the new year on a strong note as the Sensex surged by 1,400 points and the Nifty ended around 24,200 on January 2, driven by broad-based buying across sectors.

Prominent gainers on the Nifty included Bajaj Finserv, Eicher Motors, Bajaj Finance, Maruti Suzuki, and Shriram Finance. On the other hand, Britannia Industries and Sun Pharma were among the few losers.

The BSE Midcap and Smallcap indices both gained nearly 1%, reflecting positive sentiment across market segments.

All sectoral indices closed in the green, with the auto index leading the way with a 3.5% rise, followed by a 2% gain in the IT index. This broad-based rally signals a positive start to 2025 for Indian equities.

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