Oct 23, 2025, 13:37 GMT+7
Reuters -India's stock benchmarks Nifty 50and Sensexrise about 0.8% each, trading less than 1% below record high levels hit in September 2024
** Fifteen of the 16 major sectors advance; small-caps, mid-capsrise 0.2% and 0.5%, respectively
** Market rally led by IT stocksup 3% boosted by a 5% jump in Infosysafter some of its large shareholders and affiliated entities opt out of the 180 billion-rupee share buyback
** Decision signals confidence in INFY 's future earnings, improves entitlement ratio for retail investors, say two analysts
** Market sentiment is also supported by optimism around the India-U.S. trade negotiations after a Mint report says the two countries are nearing an agreement that would reduce tariffs on Indian exports to 15%-16% from 50%
** Shares of textile makers, shrimp exporters jump on the expectation of lower U.S. tariffs that will lend their exports a competitive edge over peers such as Vietnam, Bangladesh.
Sumber : Reuters
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