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IT stocks rally

Sensex surged over 700 points, and the Nifty crossed 24,150 in early trade, led by strong gains in IT stocks and positive global cues.

Sensex rises 296 points and Nifty climbs in early trade, marking a third straight gain, led by IT and auto stocks with improving sentiment.

The Sensex climbed 335 points to 80,144 and the Nifty 50 breached the 24,500 mark, buoyed by robust buying in IT, metal, and banking stocks.