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India’s benchmark indices climb as investors price in earlier US rate cuts
Indian equities rise as weak US data boosts expectations of earlier Fed rate cuts, lifting financials, IT stocks, and foreign investor sentiment.
Indian stock benchmarks advanced on Wednesday, supported by optimism that the US Federal Reserve may move toward early 2026 rate cuts following weaker economic data. Financials, IT, and auto stocks led gains, with traders also highlighting strong domestic mutual fund inflows. The broader sentiment improved after foreign portfolio investors returned to selective buying.