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Indices rise for 2nd day, Nifty ends above 22,450, M&M spurts 6%
Domestic stock market climbed for a second day, shrugging off mixed global cues. The Nifty closed above 22,450 after early wobbles. Bargain hunters swooped in on sectors like autos and consumer durables, while positive Q4 earnings from select companies boosted sentiment. The broader market's outperformance and continued buying in mid- and small-caps added fuel to the fire.