Markets rally strongly; Sensex closes at a record high
Buying in banking and IT stocks lifted the market. Investor wealth rose by ₹3.2 lakh crore.
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Strong buying in the last hour of trade pushed the main domestic indices to record closing highs. Banking and IT stocks gained the most.
Analysts said sustained buying by foreign investors and better quarterly results have strengthened sentiment.
Experts cautioned, however, that profit-taking is possible at current levels, so investors should stay selective.
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