The domestic equity benchmarks closed the session near the day’s highs despite initial concerns over a delay in US Federal Reserve rate cuts. The Nifty settled above the 21,900 level after hitting days low of 21,737.55 in early trade. IT, metals and oil & gas shares led the gains, with the Nifty forming a bullish candle on the daily chart, indicating potential upside if it breaches the 22,100 hurdle. Overall, the market’s technical chart structure remained positive, with sectoral rotation evident.
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