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PSU Banks, Realty Sectors Lead Gains
PSU banks and realty sectors led gains, while metals declined as investors booked profits.
Nifty Realty rose 1.5%, extending its recent outperformance, while PSU banks, FMCG, auto, and pharma sectors also advanced on sustained domestic buying. However, metal stocks slipped about 1.4% as investors booked profits after last week’s rally. Analysts said the rotation reflects caution ahead of key inflation data and global commodity cues, with defensive and rate-sensitive sectors attracting fresh interest amid renewed focus on earnings stability and policy clarity.