Sensex, Nifty Gain Momentum as IT Stocks Rally Amid Mixed Sector Performance

Indian equity markets extended gains during Wednesday's midday session, with benchmark indices breaking through key resistance levels. The Sensex ROSE 259 points to 81,904 while the Nifty50 climbed 80 points to 25,060, both posting 0.32% gains. Technology stocks fueled the advance despite overnight weakness in their US counterparts.

Infosys led the charge with a 3.3% surge, followed by TCS (+2.3%) and Wipro (+2.0%). The IT sector's outperformance contrasted with financial services stocks that dragged on indices, as Bajaj Finance and Shriram Finance both fell over 1.4%. Consumer giant Hindustan Unilever contributed significantly to the upside with a 2.6% gain.

Market breadth remained mixed as defense stock BEL emerged as the top loser, dropping 1.5%, while power sector heavyweight NTPC climbed 2%. The Nifty's breach of the psychologically important 25,000 level suggests renewed bullish momentum, though sector rotation indicates selective risk appetite among investors.