Banking and Auto Stocks Lead Broad Rally in Indian Equities

Indian equities rallied with banking and auto stocks leading gains, pushing Nifty above 25,950 amid solid institutional flows and stable macro sentiment.

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Banking and Auto Stocks Lead Broad Rally in Indian Equities

Banking and Auto Stocks Lead Broad Rally in Indian Equities
Indian equities advanced sharply as banking and auto stocks led broad-based gains across major indices. The Nifty 50 climbed above 25,950 intraday, supported by sustained institutional buying and improved market breadth. PSU banks, private lenders, and leading auto manufacturers outperformed, while IT and metals saw mild profit booking. Analysts noted that stable macro indicators, healthy liquidity, and firm domestic flows have reinforced short-term bullish sentiment. 
Market participants now await inflation and industrial output data that may influence index direction in the coming sessions.