Overall Market Mood: ✅ Bullish – The Nifty reclaimed 23,000 and Sensex gained over 700 points, driven by large-cap buying and global optimism.
Top Performing Sectors:
🏦 Banking & Financials: Strong gains as investors expect stable interest rates.
💻 IT Stocks: Recovered amid easing US recession fears.
🛒 FMCG: Continued demand made the sector a safe-haven pick.
Weak Links:
⚙️ Metals: Slightly bearish due to weak Chinese demand outlook.
⛽ Oil & Gas: Volatile as crude prices fluctuated amid mixed global data.
Stock-Specific Moves:
🚀 HDFC Bank, Infosys, and Reliance led the rally with strong buying.
📉 Tata Steel and ONGC saw mild profit booking.
💡 Midcaps and Smallcaps showed mixed performance, indicating sector-specific moves.
Market Breadth: ✅ Positive, but participation was selective – indicating cautious optimism.
Global Cues: Wall Street gains and stable Asian markets supported Indian equities.
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