On Thursday, the Indian stock market went up, thanks to a boost in IT stocks. Investors are excited about more spending on artificial intelligence (AI) in the US, which is driving this rise. Pharma stocks also performed well, and UltraTech Cement surprised everyone by reporting better profits than expected for the last quarter of the year.
The BSE Sensex, a key measure of the market, increased by 115.39 points, closing at 76,520.38. Meanwhile, the Nifty 50 index, another important index, rose by 50 points, reaching 23,205.35. Overall, it was a good day for the markets, showing that investors are feeling optimistic.
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