Indian benchmarks gained sharply, with the Sensex rising 378 points to 85,001 and the Nifty 50 advancing 130 points to 26,067. Gains were broad-based, led by metals, banks, and FMCG, while auto stocks lagged. Positive global cues, healthy quarterly earnings, and strong domestic flows fueled the rally. Analysts said investors are positioning for a supportive policy tone from the U.S. Federal Reserve. Market breadth improved, reflecting renewed risk appetite despite expensive valuations and cautious fund inflows.