Indian stock markets closed on a jubilant note as Sensex gained 595 points and Nifty moved beyond 25,850. IT, auto, and media stocks led the rally, while broader market indices posted modest gains. The performance was triggered by positive global cues, a record high in the Dow Jones, and optimism regarding a possible end to the US government shutdown. Experts attribute gains to robust Q2 earnings, stabilization in inflation expectations, and significant domestic institutional buying. Top gainers included Interglobe Aviation, Bharat Electronics, Bajaj Auto, and HCL Technologies. Sectoral momentum was clear, with auto, IT, and telecom advancing sharply, while PSU banks and realty underperformed. Key triggers for investors include ongoing IPO activity, inflation data release, and earnings updates this week. Indian indices look set for continued positive momentum amid strong fundamentals and renewed investor faith in blue-chip stocks.
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