Indian stock markets showed resilience today, with Sensex climbing 173.81 points to 83,450.96 and Nifty rising 42.65 points to 25,725.40. IT stocks led the recovery, driven by global optimism and momentum from the India AI Impact Summit 2026. Infosys, HCL Tech, TCS, and Tech Mahindra were key performers, indicating strong sector potential. The market rebounded in the afternoon after an early dip, supported by value buying and easing macroeconomic concerns. In a notable financial development, S&P Global Ratings upgraded Piramal Finance Limited's credit rating to 'BB' with a stable outlook, highlighting the company's strategic shift towards a retail-focused lending model. The rupee also strengthened, closing at 90.68 against the US dollar, reflecting overall market confidence.
