New Delhi, Jan. 29 -- The Indian equity markets extended their winning streak on Wednesday, buoyed by the landmark finalisation of the India-EU free trade agreement (FTA) and robust buying in state-run heavyweights. Nifty 50 ended at 25,343, gaining 167.35 points (0.66%), while S&P BSE Sensex climbed 487.20 points (0.60%) to settle at 82,344.68. Investor wealth swelled by about Rs.2.9 trillion, reflecting a high-risk appetite as the benchmark indices pushed deeper into record territory.

Market breadth remained firmly positive, with the advance-decline ratio significantly favoring the bulls as 1,901 stocks advanced against 2,209 declines in the broader market, though frontline strength was dominant. On the sectoral front, Nifty CPSE (+5%)...