Indian markets started the day on a strong footing, with broad-based buying seen across key sectors. The optimism was partly attributed to a phone call from Trump to Modi. The IT, Auto, Realty, and Energy indices saw significant gains, with stocks like Tata Consumers and Coal India leading the pack. The market breadth was overwhelmingly positive. Amid the rally, the focus is also on long-term investment themes like defence and power. One market analyst noted, "I really think this is a very good space to be in over the longer term, you know, three to five years." Other major news points included the much-anticipated listing of Urban Company, which is expected to see a strong debut, and stock-specific action in companies like Apollo Tires, which will be sponsoring the Indian cricket team.
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