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Sensex surges over 760 points as FMCG and IT drive market rally on RBI dividend hopes

Times of India LogoTimes of India7h ago

Sensex surges over 760 points as FMCG and IT drive market rally on RBI dividend hopes - Times of India

Quick Summary:

Indian equity markets rebounded strongly on Friday, with Sensex and Nifty gaining nearly 1% driven by heavyweight stocks and positive sentiment around a potential record RBI dividend.

While the market recovered some weekly losses, concerns remain about FII outflows and US fiscal health.

Sector-wise, FMCG and IT stocks led the gains.


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Sensex surges over 760 points as FMCG and IT drive market rally on RBI dividend hopes - Times of India (Picture 1)

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Article Details

Author / Journalist: TOI Business Desk

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-23 @ 20:39:31 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 865 words

Reading Time: 5 minutes read

Sentences: 35 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 28924583

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About Times of India

Times of India Logo

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 43 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #28

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