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Markets hit day’s high, Sensex up 240 pts; metal, pharma stocks outperform
Metal, pharma, and realty stocks outperform as indices test new highs despite profit-taking.
By mid-morning, the Sensex gained 240 points to 81,913, while the Nifty advanced past 25,130 led by strength in metal and pharma stocks. The Nifty Metal index rose 1.5% and Pharma climbed 1.2%, with notable gains in Tata Steel, HCL Tech, L&T, and Sun Pharma. Banking, FMCG, and auto sectors underperformed as investors rotated toward cyclical and defensives, reflecting selective optimism amid continued global market uncertainty.