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Nifty rebounds above 25,900 as sectoral rotation offsets volatility
Indian markets ended higher as gains in metals, auto, and oil stocks offset FII selling in financials and IT amid easing currency volatility.
Indian equities recovered after four sessions of decline, with Nifty 50 closing above 25,900 amid broad-based buying. Oil and gas, metals, and auto stocks advanced, while financials, IT, and FMCG saw foreign selling. The rupee strengthened from record lows as volatility eased. Crude-linked stocks faced pressure as global oil prices moved higher during the session.