India's benchmark Nifty 50 index (.NSEI) advanced 0.62% in real-time trade, reflecting broad market optimism driven by strong sectoral gains in IT, pharma, and banking amid favorable global cues and domestic liquidity.
Market Momentum
The Nifty 50's uptick builds on pre-open positivity (0.37%), crossing 25,900 levels with heavyweights leading. Rupee appreciation past 90/USD and steady bond yields at 6.576% bolster sentiment, while RBI's liquidity measures provide tailwinds.
Key Highlights
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Index Level: .NSEI at ~25,967, up ~152 points from prior close; day range 25,880-25,978.
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Sector Leaders: Nifty IT +1%, Pharma +1.1%; Bank Nifty futures steady post 0.21% pre-open gain.
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Volume & Volatility: Healthy trading volumes; India VIX low at ~12.5 signals confidence.
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Global Sync: Mirrors Asian rallies; FII inflows continue amid US Fed pause expectations.
Trading Outlook
Upside targets 26,000 with supports at 25,800; Q3 earnings and policy previews in focus.
Sources: NSE Real-Time Data, Perplexity Finance, Moneycontrol Updates.