Indices rally for second session on India-EU FTA optimism
The key equity benchmarks ended higher for a second straight session on Wednesday, as improved risk appetite lifted sentiment. Optimism around the conclusion of the India-EU free trade agreement and supportive global cues underpinned the rally. Meanwhile, a stable rupee and steady crude oil prices added comfort for investors. The Nifty closed above the 25,300 mark led by firmness in energy and metal shares.
The key equity benchmarks ended higher for a second straight session on Wednesday, as improved risk appetite lifted sentiment. Optimism around the conclusion of the India-EU free trade agreement and supportive global cues underpinned the rally. Meanwhile, a stable rupee and steady crude oil prices added comfort for investors. The Nifty closed above the 25,300 mark led by firmness in energy and metal shares.
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