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Sensex and Nifty Rally to New Highs Amid Market Optimism

Sensex and Nifty Rally to New Highs Amid Market Optimism

Author:

Global Cryptocurrency

Published:

2025-10-17 13:28:01

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Indian equities staged a robust recovery on Friday, with the Sensex breaching the 84,000 mark for the first time since June 2025. The Nifty 50 climbed to a one-year high, buoyed by strong performances from Reliance Industries and Asian Paints. Market sentiment improved as crude oil prices softened, lifting risk appetite across sectors.

Reliance Industries led gains ahead of its earnings announcement, offsetting declines in IT heavyweights like Infosys and Wipro. Broader markets mirrored the uptrend, with FMCG and consumer durables sectors outperforming. The Nifty Bank index touched an intraday high of 57,830.20, reflecting broad-based bullishness.

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