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Wednesday, December 25, 2024 | 06:38 AM ISTEN Hindi

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Tech stocks power Sensex, Nifty shares to record highs; Wipro rises 2.5%

Infosys closed 0.3 per cent higher after posting strong earnings and raising its forecast on the back of a pandemic-driven expansion in digital offerings by businesses globally.

Power plant equipment maker Bharat Heavy Electricals has more than doubled this year, making it among the top gainers in Bloomberg Intelligence’s basket. (Photo: Bloomberg)
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Investor sentiment was also upbeat after US Federal Reserve Chairman Jerome Powell soothed worries over inflation overnight, pushing Asian shares higher.

Sundar SethuramanReuters Mumbai
The benchmarks closed at record highs on Thursday, boosted by technology stocks, as investors awaited key earnings reports after IT major Infosys lifted its annual revenue outlook.

The Nifty ended 0.44 per cent higher at 15,924.2 and the Sensex rose 0.48 per cent to 53,158.85. Both indices have gained more than 1 per cent so far this week.

The Sensex’s previous record closing of 53,055 was on July 7.

Infosys closed 0.3 per cent higher after posting strong earnings and raising its forecast on the back of a pandemic-driven expansion in digital offerings by businesses globally.

Wipro and Larsen & Toubro Infotech advanced 2.5

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