Mumbai, June 5 -- The domestic equity barometers traded with substantial gains in afternoon trade, supported by buying interest amid positive global sentiment, expectations of a rate cut in the upcoming RBI policy meeting later this week, and continued foreign fund inflows. While investors await the policy outcome, they are also closely monitoring bond markets, Brent crude trends, and global trade developments. The Nifty traded above the 24,750 mark.
Realty, pharma and FMCG shares advanced while PSU Bank, auto and private bank stocks declined.
At 13:25 IST, the barometer index, the S&P BSE Sensex, advanced 475.63 points or 0.59% to 81,473.37. The Nifty 50 index jumped 148 points or 0.60% to 24,768.20.
In the broader market, the S&P BSE...
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