Nifty IT surged nearly 2%, led by HCL Tech, TCS, and Tech Mahindra despite the minutes of the Federal Reserve s latest policy meeting indicating most policymakers were concerned about the risk of cutting rates too soon. The market capitalisation of all listed companies on BSE increased by Rs 3.26 lakh crore to Rs 392.13 lakh crore.
​Benchmark equity indices fell on Thursday, dragged by rate-sensitive sectors, after the Reserve Bank of India (RBI) kept rates unchanged for the sixth consecutive meeting, as expected, and signalled that interest rate cuts may not be imminent.