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Last Trade: Sensex closes 230 pts higher; Nifty above 24,250; bank, default stocks rise

Indian equity indices rallied over 400 points on Wednesday, thanks to gains in HDFC Bank, M&M, and Infosys. Adani Group shares rose as much as 16 percent after the US bribery allegations were clarified, boosting investor sentiment.

Sector trends were mixed—capital goods, power, auto, and energy sectors saw strong buying interest, while FMCG, pharma, PSU banks, and oil and gas faced selling pressure.

Notably, NTPC Green Energy launched with a bang, its market capitalization crossing Rs 1 lakh crore on the day of listing. Shares rose as much as 10 percent after the listing, adding momentum to the market rally.




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