{"id":26105,"date":"2026-05-14T17:04:58","date_gmt":"2026-05-14T11:34:58","guid":{"rendered":"https:\/\/trending.niftytrader.in\/?p=26105"},"modified":"2026-05-14T17:04:58","modified_gmt":"2026-05-14T11:34:58","slug":"market-closes-strong-sensex-up","status":"publish","type":"post","link":"https:\/\/www.niftytrader.in\/markets\/market-closes-strong-sensex-up\/","title":{"rendered":"Market Closes Strong: Sensex Up 790 Points, Nifty Near 23,700"},"content":{"rendered":"

Sensex up<\/a> and Nifty post strong gains as investors return to beaten-down stocks<\/p>\n\n\n\n\n\n\n\n
Index<\/td>\nPrice<\/td>\nChange<\/td>\n% Chg<\/td>\n<\/tr>\n
Nifty 50<\/a><\/td>\n23,689.60<\/td>\n277.00<\/span> \u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span><\/td>\n+1.18<\/span>%<\/span><\/td>\n<\/tr>\n
Nifty Bank<\/a><\/td>\n54,128.95<\/td>\n672.80<\/span>\u00a0 \u00a0 \u00a0 <\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span><\/td>\n+1.26<\/span>%<\/span><\/td>\n<\/tr>\n
Nifty Financial<\/a><\/td>\n25,472.50<\/td>\n355.85<\/span>\u00a0 \u00a0 <\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0<\/span>\u00a0\u00a0<\/span>\u00a0<\/span><\/td>\n+1.42<\/span>%<\/span><\/td>\n<\/tr>\n
BSE SENSEX<\/a><\/td>\n75,398.72<\/td>\n789.74<\/span><\/td>\n+1.06%<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Indian stock markets ended Thursday with strong gains as investors returned to buying after recent weakness. Positive global sentiment and easing volatility further supported the rally.<\/p>\n

The Sensex jumped 789.74 points, or 1.06%, to settle at 75,398.72. The Nifty 50 rose 277 points, or 1.18%, and closed near 23,690.<\/p>\n

The rally added nearly \u20b95 lakh crore to the market capitalization of BSE-listed companies, pushing the total market valuation close to \u20b9463 lakh crore.<\/p>\n

Read Previous<\/span> : Sensex Jumps 500 Points From Day\u2019s Low, Nifty Closes Above 23,400 as Metal Stocks Rally<\/a><\/p>\n

\"IT
IT stock Selloff<\/span><\/figcaption><\/figure>\n

Value buying emerged as the biggest support for markets<\/h2>\n

Investors returned to beaten-down stocks after markets corrected sharply in previous sessions.<\/p>\n

Sensex and Nifty had fallen nearly 4% over the last four trading sessions due to rising crude oil prices and broader market concerns.<\/p>\n

Analysts believe the current rebound reflects oversold conditions more than a complete sentiment shift.<\/p>\n

“The final leg of the earnings season and selective policy tailwinds provide stock-specific support, but sentiment remains fragile due to elevated crude prices,”<\/em> said Siddhartha Khemka<\/span><\/span>.<\/p>\n

What triggered the sharp selloff in IT stocks?<\/h2>\n

OpenAI\u2019s enterprise AI push sparked fears<\/strong>
OpenAI launched a new AI deployment company to help businesses build and implement AI systems directly, raising concerns about competition for traditional IT firms.<\/p>\n

AI disruption concerns intensified<\/strong>
Investors worry AI could automate coding, consulting and workflow services\u2014core revenue areas for many IT companies.<\/p>\n

Growth and margin worries increased<\/strong>
Markets fear AI could pressure traditional headcount-driven business models and future earnings growth.<\/p>\n

Weak global demand added pressure<\/strong>
Cautious enterprise spending, US economic uncertainty and weaker global macro conditions hurt sentiment.<\/p>\n

Heavy selling followed<\/strong>
The Nifty IT index has corrected nearly 40% from its peak, with stocks like Infosys, TCS, HCLTech and Persistent seeing sharp declines.<\/p>\n

Here\u2019s what happened today and why traders reacted<\/h2>\n

Several factors helped drive market momentum:<\/p>\n