Sensex surges 800 points, Nifty tops 18,000 on easing rate hike worries; all eyes on TCS earnings

Sectorally, buying was seen across all major sectors. Nifty IT rose 1.25% and Nifty Oil & Gas surged 1.23%. Banks, financial, auto, metal, pharma, healthcare and FMCG stocks also opened higher. Whereas, in the broader market, Nifty Midcap50 increased 0.98% and Smallcap50 advanced 1.02%.

Sensex surges 800 points, Nifty tops 18,000 on easing rate hike worries; all eyes on TCS earnings
Sectorally, buying was seen across all major sectors. Nifty IT rose 1.25% and Nifty Oil & Gas surged 1.23%. Banks, financial, auto, metal, pharma, healthcare and FMCG stocks also opened higher. Whereas, in the broader market, Nifty Midcap50 increased 0.98% and Smallcap50 advanced 1.02%.