← Latest news 
Sensex rebounds 400 points as steel surges and Indus Towers slides on Africa doubts
Economy
Published on 24 April 2026
Indus Towers warns of Africa expansion costs dragging shares
Indian markets bounced back sharply, with the Sensex gaining 407 points and the Nifty reclaiming 24,700. Steel stocks led the rally, while YES Bank jumped. However, Infosys shares fell and Indus Towers slipped, with investors reacting to concerns around its Africa expansion plans and the near-term impact on the business.
- Sensex surged 407 points and Nifty reclaimed 24,700
- Steel stocks were top performers, boosting market breadth
- YES Bank rose, while Infosys declined on stock-specific moves
- Indus Towers fell amid worries over Africa expansion
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times