Sensex Gains Supported by Banking Stocks
The Sensex index saw gains, with banking stocks providing support to the overall market performance.
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Indian Stocks Close Higher for Second Day; Banks Lead Rally
Indian frontline indices closed higher on Tuesday, October 6, marking the second consecutive day of gains. The rally was primarily supported by the banking sector, with supportive global cues also aiding market sentiment.
Sensex Extends Gains to Second Day
India’s BSE Sensex rose about 0.3% to 72,606 on Tuesday, extending gains for a second day as banks and financial stocks advanced on upbeat quarterly updates, while investors awaited the Reserve Bank of India’s policy decision, with a 25-basis-point rate hike widely expected. Banking stocks led gains, with Kotak Mahindr