Indian Equities Extend Gains as IT and Metal Stocks Rally
Benchmark indices in India maintained upward momentum during afternoon trading, with the Sensex climbing 0.26% to 81,989.35 and the Nifty 50 advancing 0.38% to 25,142.35. The rally was fueled by strong performances in IT and metal sectors for the second consecutive session.
HCL Technologies led gainers with a 2.24% surge, while JSW Steel and Tata Steel both posted gains exceeding 2%. The positive movement comes as investors digest ongoing earnings season developments, though market breadth remained negative with more declining stocks than advancers on the BSE.