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Indian Equities Rally on Trade Optimism While Metals Lag
Indian Equities Rally on Trade Optimism While Metals Lag
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BTCCSquare news:
Benchmark indices extended gains in afternoon trading as positive sentiment around India-US trade negotiations fueled a broad-based rally. The Sensex climbed 0.48% to 82,566.32 while the Nifty 50 gained 0.50% to 25,307.05, with banking stocks leading the advance.
State Bank of India surged 1.75% as financials outperformed, pushing the Nifty Bank index up 0.80%. Institutional inflows continued to support the rally, though metal stocks bucked the trend with Tata Steel dropping 1.54% amid sector-specific pressures.
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