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Indian equities open strongly as IT and bank stocks lead gains
Indian markets start the week higher, led by IT and banking stocks as investor sentiment improves.
India’s equity markets kicked off the week on a positive note with the BSE Sensex rising over 100 points and the Nifty 50 climbing above 26,100. Gains in IT and banking sectors fuelled the rally, while consumer and real-estate segments lagged. Market breadth was modest as investors monitored global cues and derivative expiry.
The uptick signals cautious optimism ahead of Q3 earnings and macro-data releases.