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Indian equities rise as metals lead while bitcoin and tech stocks weaken
Sensex and Nifty rose on metal-led buying, while bitcoin declined and Oracle shares dropped sharply after cautious revenue guidance.
Indian equity benchmarks closed higher as Sensex gained 449 points to 85,267 and Nifty advanced 148 points near 26,047, led by metal and realty stocks while FMCG lagged. Bitcoin slipped below $90,000 to $89,984, down 2.24% in 24 hours. Oracle shares fell 11% after weak revenue guidance despite an earnings beat, weighing on broader AI-linked stocks.