BusinessSensex Rises 300 Points, Nifty 50 Above 22,650 Led by Banks and Metals
The Indian stock market gained on Tuesday, with the Sensex rising over 300 points and the Nifty 50 trading above 22,600. Gains were driven by banking and metal stocks, while the Bank Nifty crossed 55,000. Broader markets also rose, with Nifty Smallcap 100 up 1% and Nifty Midcap 100 gaining over 0.5%. Most sector indices were positive except Nifty IT. Key gainers included Trent, Kotak Mahindra Bank, and Axis Bank. Global markets also showed strength amid easing crude oil prices and cautious sentiment due to bond yields and geopolitical concerns.
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