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Benchmark indices Sensex and Nifty advanced for the second straight session on Friday, powered by buying in metal and telecom stocks following a firm trend in global markets. After swinging between gains and losses, the Sensex climbed 224 points to settle at 81,207. The Nifty edged higher by 58 points to 24,894.

“The market closed on a positive note, supported by gains in metal and consumer durables stocks. Optimism over a potential Fed rate cut in October, a weakening dollar, and stable base metal prices drove the rally,” Vinod Nair, Head of Research, Geojit Investments Limited, said. From the Sensex firms, Tata Steel climbed the most by 3.4%.

“Capital goods sector remained under focus on the back of reiteration from the Finance Minister that the government’s commitment to incr

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