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Indian Equity Benchmarks Recover from Early Lows Amid Global Cues
Indian Equity Benchmarks Recover from Early Lows Amid Global Cues
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BTCCSquare news:
India's Sensex and Nifty 50 indices erased morning losses to trade 0.5% higher by midday, buoyed by strong performances from Adani Enterprises, State Bank of India, and Grasim Industries. The recovery follows foreign fund inflows and mirrors cautious Optimism in global markets.
PSU banks led sectoral gains with a 1.5% rally, while defense stocks advanced 1.2%. The midcap index outperformed smallcaps, though volatility persists amid geopolitical trade tensions. Market breadth remained mixed with 1,370 advancers versus 1,480 decliners on the NSE.
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