Market Close: Nifty Regains 25,550 as Banks Shine, IT Sector Under Pressure

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Nifty Reclaims 25,550 as Banks Shine, IT Under Pressure on Closing Bell

A terminal operator speaks on telephones at a local stock market in the northern Indian city of Chandigarh December 31, 2009. Indian shares hit their highest level in nearly 20 months on Thursday, led index heavyweights Reliance Industries and Infosys Technologies, and were set to post their biggest yearly gain since 1991. REUTERS/Ajay Verma (INDIA - Tags: BUSINESS)

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CNBC TV18•20-02-2026, 16:00

Nifty Reclaims 25,550 as Banks Shine, IT Under Pressure on Closing Bell

•Indian equity benchmarks closed higher on Friday, with Nifty regaining levels above 25,550.
•Sensex rose 317 points to 82,815, and Nifty advanced 117 points to settle at 25,571.
•Nifty Bank was the top sectoral performer, adding 432 points to close at 61,172.
•Nifty IT remained under pressure, with Persistent Systems, Tech Mahindra, and Coforge among top losers.
•Markets ended higher for the week, led by financials, while Nifty IT fell 17% over three weeks.

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