Mumbai, Nov. 10 -- The domestic equity benchmarks ended higher on Monday, breaking a three-session losing streak. Investor sentiment improved amid signs of a possible resolution to the prolonged U.S. government shutdown, now extending beyond 40 days. Adding to the optimism, foreign institutional investors (FIIs) turned net buyers after six straight sessions of outflows, while Goldman Sachs' upgrade of India to "Overweight" from "Neutral" boosted market confidence further.
The Nifty 50 closed above the 25,550 mark, supported by gains in IT, pharma, and metal stocks. The index opened flat amid mixed global cues but gained strength through early trade, testing an intraday high of 25,653.45 before mid-session profit booking trimmed part of t...
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