Indian equity markets continued their upward momentum with the Sensex and Nifty ending higher, supported by easing geopolitical concerns, improving global cues and buying in banking and IT stocks. Investors welcomed softer crude oil prices and expectations of a more accommodative global interest-rate environment, which boosted overall market sentiment.
Domestic institutional investors remained active buyers, helping offset foreign portfolio outflows. Realty, technology and financial stocks led the gains, while broader market participation also improved.
Analysts believe the market will now focus on the upcoming earnings season, inflation data and global central bank commentary to determine whether the current rally can continue.
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