Sensex Soars 700 Points: IT Sector Leads Market Rally on Infosys Boost, Global Cues

• Indian stock market sees strong rally with Sensex up 700 points (84086) and Nifty 50 up 194 points (25860).
• IT sector surges 3% after Infosys' Q3 FY26 results and raised revenue growth outlook (3-3.5%).
• Global markets provide positive cues, with South Korea's Kospi and US markets closing in the green.
• Crude oil prices fall to $63.61 per barrel, easing inflationary pressure and reducing India's import bill.
• Hopes for an India-US trade deal, weakened India VIX, and strong buying in banking stocks further boost market sentiment.

Why It Matters: The Indian stock market surged significantly, driven by strong IT sector performance, positive global signals, and falling crude oil prices.