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Sensex, Nifty rise in early trade on IT stock gains as global sentiment improves

In early Wednesday trading, Sensex and Nifty indices climbed, driven by buying in IT stocks and positive cues from Wall Street. HCL Technologies, Infosys, and TCS were among the key gainers, while Titan and Tata Steel saw losses. FIIs and DIIs showed mixed activity, with overall positive sentiment across key markets.

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The Sensex and Nifty indices saw an increase in early trading on Wednesday, driven by buying interest in IT stocks and a positive influence from the recent rally in US markets, as per PTI. The BSE Sensex rose by 338.1 points, reaching 79,814.73 in the morning session, while the NSE Nifty gained 101.5 points, climbing to 24,314.80.

According to PTI, key IT stocks contributed significantly to the upward trend, with shares of HCL Technologies, Infosys, Tech Mahindra, and Tata Consultancy Services among the leading gainers. Other notable gainers within the 30-share Sensex pack included Sun Pharma, Bajaj Finance, Bajaj Finserv, Maruti, and NTPC. On the other hand, Titan, Tata Steel, Hindustan Unilever, and JSW Steel were among the stocks facing downward pressure.

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