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Market Momentum: Nifty PSU Bank Index Hits New High, Investors Cheer
India’s Nifty PSU Bank Index soared 3.02% to a record 8,053.40, driven by strong PSU bank earnings and positive market sentiment. The broader Nifty 50 rose 0.69%, supported by multiple sectors, reflecting a robust market outlook amid improving economic indicators and easing global uncertainties.
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