The Indian stock market indices, Sensex and Nifty, closed nearly 1% higher on Thursday driven by buying in blue-chip IT stocks and cooling crude oil prices. The BSE Sensex jumped 579.48 points to close at 77,502.12, while the NSE Nifty rose by 169.85 points to end at 24,175.70. Major gainers included Infosys, Tech Mahindra, and TCS. The market was also buoyed by strategic agreements between India and Japan in sectors like AI, defense technology, and energy security. Despite a global tech sell-off and weakness in Asian markets, domestic sentiments remained positive due to a soft stance by the US Fed and easing geopolitical tensions near the Strait of Hormuz.
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