Markets surge 1,000 points led by banking giants
The Sensex soared over 1,000 points on Thursday, closing at 83,755, led by banking stocks like HDFC Bank and ICICI Bank. While global tensions persist, including unresolved US tariffs, investor sentiment was lifted by Middle East truce and RBI rate cuts. However, caution flags are raised in the unlisted market after sharp valuation resets for firms like HDB and Swiggy.
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