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India benchmark indices trade flat, metal stocks lead gains
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Indian markets trade largely flat with metal stocks up ~1.
On Tuesday, the Nifty 50 rose about 0.2% to 26,018 while the BSE Sensex climbed 0.14% to 84,900.55 as gains in metal stocks (up ~1.2%) were offset by profit-booking across other sectors. The mood was buoyed by optimism over a potential US-China trade deal, but domestic caution persisted amid elevated valuations. PSU banks and select commodity plays led the advance, while earnings-led pressure weighed elsewhere.