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Sensex soars 611 pts, Nifty ends above 25,000; metal shares rally
The key equity indices ended with strong gains on Monday, boosted by Federal Reserve Chair Powell's hint of potential interest rate cuts in the near future. The speech sparked a risk-on rally in global stock markets. The Nifty closed above the 25,000 level, with notable gains in metal, realty, and IT sectors. However, media and PSU bank stocks faced some selling pressure.