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Broader indices advance as mid and small caps see stronger buying
Mid and small-cap indices outperformed benchmark indices, gaining up to one percent, led by strong advances in stocks such as HPCL, Ircon International, and PCBL during the trading session.
Indian equity markets saw broader indices outperform headline benchmarks, with mid and small-cap indices rising up to 1% during the session. Buying interest emerged in select public sector and industrial stocks. Shares of HPCL, Ircon International, and PCBL recorded gains of up to 7%, while benchmark indices traded relatively flat as investors focused on stock-specific opportunities.