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Sensex climbs 622 pts, Nifty ends above 24,500; TCS rallies 6.5%

By Business Standard - 5 months ago
The domestic equities surged today, with the Nifty50 closing near 24,500, driven by a strong showing from IT stocks. Positive sentiment was fueled by TCS's robust earnings and easing US inflation, boosting hopes of a September rate cut. However, with the earnings season in full swing and the union budget looming, expect more stock-specific action in the coming days.

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