Indian equity benchmarks extended their rally to a second session and both Nifty and Sensex recorded their best sessions since November 22. (Photo source: Envato) Show Quick Read Summary is AI Generated. Newsroom Reviewed

The benchmark Nifty 50 index opened Wednesday’s session on a buoyant note, supported by positive global cues, easing crude oil prices, and the IMF’s upward revision of India’s FY25 GDP growth forecast to 6.6% from 6.4%. As the session progressed, the index gathered momentum and extended its gains, closing 178 points higher, or 0.71%, above the 25,300 mark. Barring Nifty Media, which slipped 0.52%, all major sectoral indices ended in the green. Meanwhile, India VIX — the market’s volatility gauge — fell over 5%, reflecting a clear risk-on sentiment among investors.

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