Indian benchmark indices BSE Sensex and Nifty 50 closed higher after a volatile session as investors showed selective buying in banking, FMCG, and infrastructure stocks. Domestic institutional investors continued supporting the market despite weak global cues.
IT and metal stocks traded cautiously due to concerns over slowing global growth and geopolitical tensions. Investors remained focused on crude oil movement and global inflation trends.
Analysts believe Indian markets are currently benefiting from stable domestic economic indicators, though international uncertainties may continue causing short-term fluctuations.
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