Equity benchmark indices witnessed a notable surge on Wednesday, propelled by a combination of favourable global cues and domestic factors.

Asian markets were trading higher, providing a positive backdrop for Indian equities. Investor sentiment remains cautiously optimistic, bolstered by expectations of potential interest rate cuts by the US Federal Reserve.

Domestically, strong buying interest in sectors such as power, metal, and telecom has contributed to the uptick, with the realty index leading the gains. The market is also buoyed by expectations of strong corporate earnings, which are anticipated to drive investor confidence.

Sensex climbed 623.10 pts or 0.76 per cent to 82,653.08 at 1.18 pm, and Nifty 50 gained 199.45 pts or 0.79 per cent to 25,344.95. Midcap outperformed the s

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