positive
Recently
Benchmarks hover near highs as banks and metals lead gains
Indian markets held firm near record levels as banking and metal stocks led gains, even as the rupee slipped to fresh lows against the US dollar.
Market momentum stayed positive as Indian equities traded near intraday highs, with the Nifty hovering around the 26,000 level and the Sensex advancing over 400 points. Banking stocks supported the rally, with the Nifty Bank index gaining more than 300 points above 59,500. Metal and infrastructure names such as Hindustan Copper, L&T, Hindalco and Tata Steel featured among top gainers.