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Indian Markets Rise as Financials and Mid-Caps Lead Broad-Based Gains
Indian markets climbed as Sensex hit 84,950 and Nifty crossed 26,000, with financials, mid-caps and PSU banks driving broad-based gains across sectors.
Indian equity markets advanced on November 17, with the Sensex rising 0.46% to close at 84,950 and the Nifty gaining 0.4% to surpass the 26,000 mark. Financials, mid-cap counters and banking stocks were the key drivers, while auto, metals, realty, consumer durables and PSU banks posted gains between 0.5% and 1%. Investor sentiment improved as sectoral breadth strengthened across segments ahead of upcoming domestic policy cues.
Market analysts noted that steady institutional flows and resilient corporate earnings trends continue supporting broader market participation.