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Capital Investo Research

12th Jun · SEBI-Registered Analyst

Today Stock Market Updates: Sensex jumps over 850 points, Nifty crosses 23,350; banking and realty stocks lead the rally

Synopsis: The Indian equity markets witnessed a strong uptrend on Friday, with the Sensex and Nifty advancing more than 1% each. Improved investor confidence was driven by optimism surrounding a potential US-Iran peace agreement, easing crude oil prices, and other supportive global cues. Market Overview: Market sentiment remained firmly positive, with all major sectoral indices trading in the green, reflecting widespread buying interest and a risk-on environment. The Realty sector emerged as the top performer, followed by Auto, Media, and Financial Services, highlighting strength in cyclical and domestic-focused sectors. Banking stocks continued to provide solid support to the broader market, while IT stocks recorded modest gains, indicating relatively subdued participation from the technology space. Meanwhile, defensive segments such as FMCG, Pharma, and Healthcare posted steady advances, suggesting broad-based accumulation rather than reliance on a few market leaders. Disclaimer: Investment in securities market are subject to market risks. Read all the related documents carefully before investing.

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