India’s stock market witnessed a significant rally today, driven by three major factors. Heavyweight banking, financial services, and IT stocks, including Reliance, HDFC Bank, and Wipro, led the surge. Metal stocks rose 1.3% following a safeguard probe into steel imports, benefiting companies like Tata Steel and JSW Steel. Positive global cues added to the momentum as Asian markets climbed, supported by subdued US inflation data. The BSE Sensex soared 802.66 points, while the NSE Nifty50 advanced 243 points, reflecting investor confidence.
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