Mumbai, Feb 25 || The Indian equity markets showed strong gains on Wednesday led by IT stocks, tracking an overnight recovery of tech stocks on Wall Street in the US.
As of 9.30 am, Sensex added 559 points, or 0.69 per cent, to reach 82,785, and Nifty gained 157 points, or 0.62 per cent, at 25,582.
Main broad-cap indices performed in line with the benchmark indices, as the Nifty Midcap 100 added 0.27 per cent, and the Nifty Smallcap 100 gained 0.46 per cent.
All major sectoral indices traded in the green. Nifty IT was the major gainer, up 1.91 per cent. Nifty metal surged by 1.43 per cent.
Analysts said that the overall sentiment is expected to remain cautious amid persistent US–Iran geopolitical tensions and firm crude oil prices.
Meanwhile, ongoing concerns around AI-driven disruptions in global technology stocks are weighing on broader risk appetite, they added.
On Tuesday, coinciding with the monthly derivatives expiry, the Nifty closed sharply lower, shedding 259 points to settle at 25,459.