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Indian Equities Trade Higher Amid Mixed Sectoral Performance; Crypto Markets Remain Unmentioned
Indian Equities Trade Higher Amid Mixed Sectoral Performance; Crypto Markets Remain Unmentioned
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BTCCSquare news:
Benchmark indices in India edged higher during mid-session trading, with the Sensex gaining 0.16% to 81,556.88 and the Nifty 50 rising 0.15% to 25,010.40. Market sentiment was buoyed by Optimism surrounding US-India trade talks and anticipated GST reforms.
Sectoral performance showed divergence: oil & gas, media, and PSU banks led gains, while IT, auto, and realty sectors lagged. Adani Enterprises, Shriram Finance, and NTPC emerged as top Nifty performers, contrasting with weakness in Bajaj Auto and Infosys.
The broader market exhibited modest strength, with smallcaps advancing 0.25% and midcaps gaining 0.14%. Trading activity remained robust, with 44 stocks hitting 52-week highs against 18 touching new lows.
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