Indian benchmark indices Sensex and Nifty witnessed a strong rally in recent trading sessions, with the Sensex surging nearly 900 points and the Nifty reclaiming key levels above 24,700. Gains were supported by buying in metal, auto and banking stocks.
The rally helped restore investor confidence after a period of market volatility triggered by global uncertainties and geopolitical tensions. Strong domestic economic indicators and selective institutional buying also supported the market recovery.
Analysts believe markets may remain volatile in the near term but domestic fundamentals continue to support the long-term growth story.
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