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Benchmark indices advance as foreign inflows lift market sentiment
Indian equity benchmarks rose sharply as foreign inflows and positive global cues boosted sentiment, pushing Sensex and Nifty to fresh closing highs with broad sector participation.
Equity benchmarks closed higher after sustained foreign portfolio inflows and supportive global cues. The Sensex gained 638 points to finish at 81,851, while the Nifty 50 ended above the 26,000 mark at 26,172. IT and metal stocks outperformed as softer US economic data strengthened expectations of future rate cuts, encouraging broad-based buying across sectors after recent volatility.